Aave DAO approves $2 million purchase of Curve tokens in OTC deal — link
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FBI warns of scammers posing as NFT devs to steal your crypto
The FBI warned today of fraudsters posing as Non-Fungible Token (NFT) developers to prey upon NFT enthusiasts and steal their cryptocurrency and NFT assets. In these attacks, the criminals gain unauthorized access to NFT developer social media accounts or create nearly identical accounts to promote "exclusive" NFT releases. This allows them to lure targets with misleading claims of "limited supply," labeling the promotions as "surprises".
Unsuspecting victims click on the provided links only to be redirected to phishing websites that masquerade as legitimate extensions of specific NFT projects. FBI urges NFT enthusiasts to exercise caution when engaging in NFT-related activities:
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Total DeFi TVL has been ranging for over 13 months now — link
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⬜️ OKX Wallet Users Can Now Access Origin Protocol, an NFT and DeFi Platform
OKX, a leading Web3 technology company, has issued updates for August 8, 2023. OKX Wallet has now integrated with Origin Protocol, a Web3 protocol that aims to bring NFTs and DeFi to the masses. With this integration, OKX Wallet users can access Origin Protocol's solutions - such as its NFT launchpad and Ethereum liquid staking capabilities - via web extension. OKX Wallet Users Can Now Access Origin Protocol, an NFT and DeFi Platform OKX Wallet is a universal crypto wallet available on multiple platforms and interfaces, including app, web and web extension. It enables users access to 3,000+ cryptocurrencies, 60+ networks, thousands of DApps and a one-stop decentralized NFT Marketplace. On 7 August, 2023, OKX Wallet announced that its account abstraction-powered Smart Account, which enables users to pay for transactions with stablecoins USDC and USDT and interact with multiple contracts in a single transaction, is now open source across seven blockchains. A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike.
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Coinbase Ventures invests in Rocket Pool via RPL token purchase — link
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Binance Labs invests $5M in Curve DAO token (CRV) and supports Curve deployment to BNB chain — link
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PayPal has launched a US dollar stablecoin, known as PayPal USD, in a bid to boost the adoption of digital currencies for payments and transfers.
PayPal USD is backed by US dollar deposits and short-term US Treasuries.
It will gradually become available to all PayPal customers in the United States.
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In July, zkSync Era earned 1.3k ETH ($1.9M) of onchain profit, more than Arbitrum and Optimism combined — link
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SEC files letter with SDNY seeking leave for interlocutory appeal in Ripple Case — link
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🖼 Gala Games Releases NFT Mystery Boxes to Commemorate Inventory Migrating to 'GalaChain'
Gala Games, a pioneering platform in web3 gaming, announced today that they will be relocating unsold and reserve NFT game items from the Ethereum network to their newly launched proprietary blockchain, GalaChain. This move will allow gamers to use their NFTs without Ethereum gas fees and allow Gala Games to implement more robust web3 functionality within titles on the platform. As part of this move, Gala Games will offer various tiers of all new NFT Mystery Boxes to players featuring game items no longer available in the Gala Games Store. Each box contains three random game items from various titles in the Gala Games Ecosystem. All items within will be tokens on GalaChain, which currently can be transferred within the chain or utilized with zero gas fees, allowing the creation of these NFT Mystery Boxes, which would otherwise require significant gas to mint, distribute and reveal on the Ethereum Network. Gala Games is a leader in web3 entertainment dedicated to creating AAA game experiences that realize the full power of player ownership. Gala Games is powered by one of the largest networks of player operated.
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Coinbase's Base mainnet officially opens to the general public — link
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PancakeSwap DEX deploys on Ethereum scaling network Arbitrum in expansion drive — link
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Web3 security startup Cube3.ai emerges from stealth with $8.2m seed funding — link
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It's seemingly confirmed (by Elon) – ZUCK VS ELON will be happening.
The mega-fight will be live-streamed on X and all proceeds will go to a charity for veterans.
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🔫 Roblox has potential to become master of the metaverse
The metaverse is a virtual world that allows people to participate directly in online experiences. Roblox (NYSE: RBLX) has established itself as an early leader in the metaverse space, with the potential to become one of the biggest players in entertainment and social media. Roblox is a platform housing a range of individual games and social opportunities, and it adds content regularly. Participants earn in-game currency that can be exchanged for real-world money based on user interactions with their creations. First launched in 2006, Roblox has increased engagement and monetization. The average number of active users on the platform daily rose 22% year over year in the first quarter, reaching 66 million, while revenue climbed 22% year over year, to $655 million. Roblox is likely years away from profitability, as it’s still spending a lot of money in order to grow. It does have a strong balance sheet, though, having ended the first quarter with roughly $2.1 billion in cash, cash equivalents and investments net of debt. It looks like a buy-and-hold stock for long-term, growth-focused investors to consider. (The Motley Fool owns shares of and has recommended Roblox.)
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Visa unveils experimental solution to abstract away gas fees — link
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Binance Labs invests $10m to accelerate Helio protocol's liquid staking pivot — link
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Bakkt revenue spikes to $348 million as trading volume falls — link
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Aave token holders voting on 2 proposals following averted Curve liquidation crisis — link
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Lido's stETH-ETH liquidity pool on Curve continues to see large outflows, reducing liquidity for the largest liquid staking token — link
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Jump Crypto backs $5m round for Bitcoin wallet Xverse — link
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MakerDAO unveils token airdrop proposal for Spark lending protocol — link
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DeGods ditches Polygon, moving y00ts to Ethereum and returning $3 million grant — link
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Jury trial dates set for next year in long-winded Ripple case — link
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According to the REKT Database, in July, 47 exploits resulted in the loss of a total of $363 million, marking the highest loss due to such incidents this year — link
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Fantom is exploring adding optimistic rollups to connect to Ethereum — link
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NFT gas usage on Ethereum reaches a 2-year low, dropping to levels recorded in June 2021. Transaction activities on NFT marketplaces currently account for roughly 1.85% of the total gas usage on the Ethereum network — link
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Microsoft and Aptos Labs collaborate on new AI blockchain solutions — link
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Bitstamp to end trading of Solana, Polygon and 5 other altcoins for US users — link
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Chainlink price feeds go live on Coinbase's Base L2 network — link
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