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https://icodrops.com/ - Simple and beautiful ICO Calendar with independent ratings & analytics. With us it's impossible to miss the next great #ICO. 🚀 Contacts: @icodrops_support (for any questions)
The crypto market correction
BTC Dominance - 55.67%
Market Cap - $2.01T
BTC - $56,644 (-1.01%)
ETH - $2,395.6 (-0.75%)
BNB - $506.3 (+0.2%)
SOL - $131.02 (-0.79%)
XRP - $0.5567 (-1.23%)
TON - $4.83 (+5.75%)
ZRO - $3.23 (+0.9%)
https://dropstab.com
Ethereum Foundation: The long-term sustainable and elegant plan is to use the magic of SNARKs to scale L1 EVM execution, essentially without limits.
With real-time L1 EVM SNARKing attesters can verify cheap SNARKs instead of naively reexecuting EVM transactions. This would allow us to increase the gas limit by orders of magnitude without burdening validators. All the heavy EVM execution would happen outside of consensus by specialised nodes operated by entities like searchers, builders, explorers. Users and consensus participants would have it easy, e.g. running their nodes on phones or watches.
Besides the vertical scaling benefits from dramatically increasing the L1 EVM gas limit, there is an opportunity for arbitrary horizontal scaling using an EVM-in-EVM precompile to cheaply verify EVM execution within the EVM. This precompile would allow developers to programmatically spin up new L1 EVM instances, unlocking a supercharged version of execution sharding where the number of shards is unbounded (rather than capped to 64 or 1024 shards) and individual shards are programmable rollups (with programmable governance, sequencing, gas) known as "native rollups".
https://www.reddit.com/r/ethereum/comments/1f81ntr/ama_we_are_ef_research_pt_12_05_september_2024/
Andrei Grachev: “Just finalized design of our synthetic stablecoin, it will support the following collaterals with different APY:
- USDt, USDc, DAI, USDe
- BTC/ETH
- Blue chips (limited list)
- Long Tail alts (limited list)
Stay tuned, something huge is coming
Cheers”
https://x.com/ag_dwf/status/1831647454862651837
Aleo has announced token distribution details
You are eligible to claim Aleo incentive tokens if you participated and earned rewards in any of the following programs:
Ambassador Program
Setup Ceremony
Testnet 2
- Top 100 Awards
- Credits Mined
- GitHub PRs
- Pool Testers
- Pool Operators
Testnet 3
- Prover Incentives
- Deploy Incentives
Testnet Beta
- Prover Incentives II
ZPrize 2022/2023
zkML Initiative
Enigma
https://aleo.org/post/incentives-program-distribution/
The legal team defending Ripple Labs against a case filed by the United States Securities and Exchange Commission has requested to stay the monetary portion of an Aug. 7 judgment requiring the firm to pay $125 million.
In a Sept. 4 filing in the US District Court for the Southern District of New York, Ripple’s lawyers said the SEC had agreed to a request to delay payment of the judgment after Sept. 6. The legal team proposed that Ripple place 111% of the judgment amount — roughly $139 million — into a bank account until 30 days “after the time to appeal expires or the resolution of any appeal.”
https://cointelegraph.com/news/ripple-sec-stay-court-judgment-appeal
Grass has introduced its checker: https://www.grassfoundation.io/eligibility
Total supply will be 1 billion GRASS tokens, with 10% set aside for the first airdrop.
https://x.com/getgrass_io/status/1831380995058073649
The crypto market is recovering
BTC Dominance - 55.80%
Market Cap - $2.04T
BTC - $57,393.02 (+1.06%)
ETH - $2,431.45 (+2.23%)
BNB - $506.9 (-1.15%)
SOL - $132.26 (+3.52%)
XRP - $0.555 (+0.31%)
TON - $4.6 (-3.6%)
ZRO - $3.21 (-2.11%)
https://dropstab.com
The Sui blockchain is innovating with alternative methods, such as radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access.
https://cointelegraph.com/news/sui-blockchain-offline-crypto-transactions-radio-waves
Crypto Market Capitalization Dropped Below $2 Trillion
The Market Cap is now $2T
https://dropstab.com/
Polygon developers have migrated the MATIC token to POL
POL is now the new ticker symbol for the native gas and staking token on the Polygon PoS chain.
https://www.theblock.co/post/314595/polygon-developers-transition-matic-token-to-pol
Spot ETF Flow on 3.09: BTC-ETF -$287.78M, ETH-ETF -$47.4M
https://sosovalue.com/assets/etf/us-btc-spot
Top 300 losers in 24h: CDT -12%, ZRO -11%, SAGA -10%, PENDLE -10%
https://dropstab.com/insights/top-performance
In the past 24 hours, long positions worth ~$170 million were liquidated.
https://www.coinglass.com/LiquidationData
Eric Balchunas: “Ether ETFs Went Backward in First Month.. flows -$476m as the newbies couldn't overcome the ETHE unlock, too powerful a force (this is why I reiterated how heroic the New Nine bitcoin ones were) but good news is unlock will end, there's light at end of tunnel.”
https://x.com/EricBalchunas/status/1831019335613124890
Matter Labs, the company behind ZKsync, will lay off 16% of its workforce, or 24 employees.
https://blockworks.co/news/matter-labs-layoffs-incoming
XION is bringing Chain Abstraction to RWAs via Plume.
https://twitter.com/burnt_xion/status/1831700906263409142
The Flow Mainnet network upgrade (Crescendo) is now complete
https://x.com/flow_blockchain/status/1831594036316258678
Oyster Labs announces that universal free upgrade is now live
https://t.co/Yg51PXZZFr
https://x.com/oysterecosystem/status/1830918337821606208
Spot ETF Flow on 4.09: BTC-ETF -$37.29M, ETH-ETF -$37.51M
https://sosovalue.com/assets/etf/us-btc-spot
EigenLayer has announced the EIGEN Season 2 Stakedrop
1. Stakers & Operators: If you staked ETH or EIGEN during Season 2, you’re eligible. Direct stakers claim via the portal once live. LRT users, please check with your respective LRT protocols for your Season 2 Stakedrop rewards and claims process.
2. Ecosystem Partners: Includes eligible AVSs, LRTs, Rollups, RaaS, and other key contributors to the EigenLayer ecosystem.
3. Community: To early advocates, contributors, and projects that have supported EigenLayer since its inception – you’re eligible too.
https://x.com/eigenlayer/status/1831376290357690647
Dimensionals, a roguelike deck-building game developed by Mino Games, has officially transitioned to a purely web2 model.
https://nftplazas.com/dimensionals-shift-to-web2/
Injective is introducing the tokenized index for BlackRock’s BUIDL Fund, a perpetual index product that tracks the supply of the BUIDL fund itself.
https://x.com/injective/status/1831333016343634148
💧 Tokenized Bitcoin Assets by Market Cap
👉 https://dropstab.com/tab/tokenized-btc-0cw749cfe4
The Ronin Bridge is up
The bridge has undergone 2 audits by external parties, which you can find here: https://skymavis.notion.site/Ronin-Bridge-Audits-August-24-24f1e600cfef43b3b293541faf6c2a5e
Use the Ronin Bridge here: https://app.roninchain.com/bridge
https://x.com/ronin_network/status/1831212416132436270
Arthur Hayes has introduced a new article "Boom Times... Delayed"
https://cryptohayes.substack.com/p/boom-times-delayed
Ethena has partnered with EigenLayer and Ether.fi to introduce USDe as the first dollar-denominated token that can be used as security within its generalized shared security platform.
Ethena’s USDe will be available for deposit on ether.fi, our restaking partner, in exchange for a new Liquid Restaking Token (LRT) called eUSD.
This USDe LRT will provide a dollar-pegged asset for EigenLayer restaking.
https://mirror.xyz/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341/fgcC1lI9cyTw2U9ywzDp8NfAtSXCcsDiMb8va6Snv3A
Binance plans to unveil a Solana staking product (BNSOL) by the end of September
The so-called BNSOL tool will enable users to stake SOL tokens to earn a portion of fees paid out by the network and mint a liquid staking token that can be used while those underlying tokens are locked up.
https://www.theblock.co/post/314497/binance-reveals-details-of-upcoming-solana-liquid-staking-token
Penpie was exploited for $27.3M, including:
2,695 rswETH($6.62M)
4,101 agETH($10.17M)
2,723 wstETH($7.77M)
2.52M sUSDe($2.77M)
The hacker exchanged all assets for 11,109 ETH($27M) and deposited 1000 ETH($2.34M) into Tornado Cash.
https://x.com/lookonchain/status/1831142810206310466
The FBI has warned the cryptocurrency industry about North Korea’s latest tactics to target employees of the sector at large.
“The Democratic People's Republic of Korea ("DPRK" aka North Korea) is conducting highly tailored, difficult-to-detect social engineering campaigns against employees of decentralized finance ("DeFi"), cryptocurrency, and similar businesses to deploy malware and steal company cryptocurrency.”
https://cryptonews.com/news/fbi-warns-of-north-korean-cyberattacks-on-crypto-etf-companies/
https://www.ic3.gov/Media/Y2024/PSA240903
The crypto market is down
BTC Dominance - 55.78%
Market Cap - $2.01T
BTC - $56,674.01 (-4.15%)
ETH - $2,369.75 (-5.79%)
BNB - $512.8 (-4.01%)
SOL - $127.51 (-5.78%)
XRP - $0.5519 (-2.62%)
TON - $4.8 (-8.36%)
https://dropstab.com