OpenSea CEO Devin Finzer said the NFT marketplace has received a Wells Notice from the SEC.
"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," said Finzer in a post on X.
https://www.theblock.co/post/313515/opensea-ceo-says-nft-marketplace-received-wells-notice-and-pledges-5-million-to-help-defend-creators-against-sec
Vitalik Buterin: “Airdrops are a fascinating initial use case for ZK / blockchain-based identity / credential / attestation frameworks.
The goals of an airdrop are:
(i) distribute to community members [and not randos who will all immediately sell]
(ii) reward contributions to the project
(iii) be reasonably egalitarian [but some disparity is ok]
(iv) resist extractive/adversarial farming
These are exactly the properties that identity / credential / attestation frameworks (eg. see ideas in https://vitalik.eth.limo/general/2024/08/21/plurality.html#8_1 ) are trying to achieve.
Hence, for anyone building such frameworks, it makes perfect sense to use token issuance as an initial use case to beta-test and refine their work in an adversarial environment.”
https://x.com/VitalikButerin/status/1828727585204842867
OKX will list EigenLayer (EIGEN) pre-market futures on August 29th at 10:00 UTC
https://x.com/okx/status/1828739594507931897
TON is now producing blocks normally
https://dton.io/
https://x.com/ton_blockchain/status/1828666523998691503
Soneium Minato Testnet and Soneium Spark Incubation are live
Investments up to $100,000 USD per team for visionary developers, creators, and projects ready to build on Soneium.
https://x.com/soneium/status/1828606372574859575
Top 300 losers in 24h: CAT -16%, CHR -16%, SUI -13%, DYM -12%, ENA -12%
https://dropstab.com/insights/top-performance
Setter mainnet is launching mid-September.
https://x.com/setter_app/status/1828146753352409477
Sonic testnet goes live next week.
The point campaign will probably start.
https://x.com/0xSonicLabs/status/1828477581303407099
The crypto market is down
BTC Dominance - 55.69%
Market Cap - $2.11T
BTC - $59,621.01 (-5.36%)
ETH - $2,476.41 (-7.91%)
BNB - $537.6 (-2.91%)
SOL - $148.08 (-6.67%)
XRP - $0.5677 (-4.37%)
TON - $5.34 (-0.5%)
https://dropstab.com
Multiple French government websites have gone offline in a denial of service (DDoS) attack believed to be linked to a Russian hacker group, according to multiple reports.
The affected websites included the Administrative Court of Paris, the French Health Department’s ansm.sante.fr site, and the Court of Cassation’s page.
Initial reports from Entropia Intel said the attacks are believed to be a response to the arrest of Telegram founder Pavel Durov in France on Aug. 24.
https://cointelegraph.com/news/cyberattacks-target-french-government-websites-report
The crypto market is down
BTC Dominance - 55.81%
Market Cap - $2.23T
BTC - $62,962.99 (-1.8%)
ETH - $2,684.53 (-2.2%)
BNB - $552.2 (-3%)
SOL - $158.44 (-0.94%)
XRP - $0.5926 (-0.73%)
TON - $5.34 (-7.46%)
NOT - $0.00864 (-9.89%)
https://dropstab.com
Telegram Wallet announced that the launch of DOGS (price: ~$0.0013. FDV: $717 million) caused crashes on several crypto exchanges and some wallet features stopped working properly.
/channel/wallet_news/338
Cardano Blockchain Heads for 'Chang Hard Fork,' Biggest Upgrade in Two Years
The main feature of the upgrade is to give Cardano the ability to introduce on-chain governance features.
The Chang hard fork was initially set to go through this week, but Hoskinson announced on Friday that it had been pushed back to Sept. 1 so some exchanges, including Binance, could prepare their systems.
https://www.coindesk.com/tech/2024/08/28/cardano-blockchain-heads-for-chang-hard-fork-biggest-upgrade-in-two-years/
Oyster Labs has unveiled an upgraded UBS1
Price: $159.99
https://x.com/oysterecosystem/status/1828308369641480620
In the past 24 hours, long positions worth ~$287 million were liquidated.
https://www.coinglass.com/LiquidationData
Arthur Hayes has introduced a new article "Sugar High"
https://cryptohayes.substack.com/p/sugar-high
Tonscan data shows that the Ton network has not generated any blocks for several hours.
Bybit announced that due to network instability, Bybit has suspended all deposits and withdrawals through the Toncoin (TON) network.
https://x.com/wublockchain/status/1828606498844614923
https://tonscan.org/blocks?wc=-1
It reduced the trading fees for SunPump on Tron by 50%.
https://x.com/justinsuntron/status/1828477090037207542
Update: EIGEN Staking Withdrawal Delay Lowered to 7 Days
The withdrawal delay for staked EIGEN has been lowered from 24 days to 7 days.
This will limit the liquidity risks of staking EIGEN in preparation for future potential changes once intersubjective slashing is live on mainnet.
https://x.com/eigenlayer/status/1828452237758112132
Trump Releases Fourth Drop of His NFT Trading Cards
The proceeds will go to the election campaign.
Buy 75 or 250 digital trading cards (in a single transaction), and you'll get both: dinner with the president at his private country club and a piece of the actual suit from his famous debate.
(The 250 card set gets you 2 tickets to the dinner and 2 tickets to the cocktail reception and 2 physical cards).
https://collecttrumpcards.com/
https://www.coindesk.com/business/2024/08/27/trump-releases-fourth-drop-of-his-nft-trading-cards/
MakerDAO has rebranded to "Sky"
The protocol will also introduce new versions of its $5 billion stablecoin (DAI) and governance token (MKR), called the USDS stablecoin and the SKY governance token.
DAI and MKR will stay in circulation unchanged, with the new tokens existing in parallel. Token holders will be able to exchange DAI tokens 1:1 for USDS, while each MKR token can be swapped for 28,000 SKY tokens.
The new tokens will be issued on Sept. 18, and holders can voluntarily choose to keep the old tokens or exchange for the new ones.
https://www.coindesk.com/business/2024/08/27/makerdao-is-now-sky-as-7b-crypto-lender-rolls-out-new-stablecoin-governance-token/
Spot ETF Flow on 26.08: BTC-ETF +$202.51M, ETH-ETF -$13.23M
https://sosovalue.com/assets/etf/us-btc-spot
Fractal Mainnet is expected to officially launch on September 9th, 2024.
https://x.com/fractal_bitcoin/status/1828108498980528463
The French prosecutor's office issued an official press release in connection with the detention of Pavel Durov.
The case is being investigated under 12 articles, including refusal to provide information to the authorities, complicity in possession of child pornography and complicity in drug trafficking.
Durov is currently being questioned by investigators, and his detention was extended by a judge to 96 hours (until August 28).
https://www.tribunal-de-paris.justice.fr/sites/default/files/2024-08/2024-08-26%20-%20CP%20TELEGRAM%20.pdf
Orderly Network staking and claims are now live
FDV: ~$193M
Airdrop Claim: https://airdrop.orderly.network/
Staking: https://app.orderly.network/staking
Trading Rewards: https://app.orderly.network/tradingRewards
MM Rewards: https://app.orderly.network/MMRewards
https://x.com/OrderlyNetwork/status/1827979307831967954
Justin Sun: “We should show the cryptocurrency industry's unity by organizing a #FreePavel DAO to help Telegram founder Pavel Durov legally gain freedom. I'll donate $1 million if it's created in a decentralized way with enough community support.”
https://x.com/justinsuntron/status/1827770155834982594