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Crypto Analyst , Advisor and Investor. My ico and crypto analysis are free. Cheers from @mandy2b Groupchat 👉: @getrichwithmandygroupchat Twitter: https://twitter.com/mandyb2437
🔔 Justin Sun's USDD stablecoin is no longer backed by bitcoin
◾️According to Tron DAO Reserve, approximately 12,000 BTC previously used as USDD reserves have been removed.
◾️Currently, $744 million USDD tokens in circulation, making it the seventh-largest stablecoin and one of the top 100 cryptocurrencies by market cap.
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🚨 McDonald's Instagram account hacked to promote Solana token 'Grimace'
◾️A hacker posted on McDonald’s Instagram bio, saying, "Thank you for the $700,000 in Solana" after mentioning a rug pull.
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😱 Crypto whale loses $55 million in Dai stablecoin to phishing attack
◾️Immunefi’s July report shows the crypto industry has lost over $1.19 billion so far this year due to hacks and scams.
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🔔 Polygon to migrate MATIC to POL tokens on September 4
◾️POL will replace MATIC as the native gas and staking token for the Polygon PoS network and will play a key role in the AggLayer.
◾️MATIC holders on Ethereum, Polygon zkEVM, and CEXes may need to complete the migration to POL tokens.
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🔔 MetaMask launches debit card in partnership with Mastercard and Baanx
◾️The MetaMask Card is first available in a pilot phase to a few thousand users in the EU and UK.
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🇮🇳 Binance URL Unblocked in India
◾️App Still unavailable on iOS & Android Stores
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🔔 Binance will delist CVP, EPX, FOR, LOOM, REEF and VGX on August 19.
▶️ The exact trading pairs being removed are:
◾️CVP/USDT
◾EPX/USDT
◾FOR/BTC
◾FOR/USDT
◾LOOM/BTC
◾LOOM/TRY
◾LOOM/USDT
◾REEF/TRY
◾REEF/USDT
◾VGX/USDT
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🔔 Binance will list Toncoin (TON) on August 8th at 10:00 (UTC).
📊 New Spot Trading Pairs:
▪️TON/BTC
▪️TON/USDT
▪️TON/FDUSD
▪️TON/TRY
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🚨 Ronin bridge paused after $9M drained in apparent whitehat hack
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🔔 Binance Labs announces second batch of projects for Season 7 Incubation Program
▶️ Projects include:
🔸Aarc: A modular protocol simplifying chain abstraction for dApps.
🔸FluxLayer: An Omni-Chain Intent Liquidity Layer powered by EigenLayer.
🔸TonTon Games: Unlocking Telegram Gaming.
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🔻 Bitcoin falls below $50K: over $1 billion liquidated in the last 24 hour
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🔻 Bitcoin falls below $60K: Over $275 million liquidated in the last 24 hours
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🔔 Michael Saylor's MicroStrategy plans to raise $2 Billion to purchase more Bitcoin
◾️The firm holds 226,500 Bitcoins, acquired at an average of $36,821 each, costing $8.3B, with a current value of $14.5B.
Source
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🚨July Crypto Hacks: $266M stolen across 16 attacks
▶️ Top 10 hacks:
1. WazirX: $230 million
2. Compound: $24 million
3. LI FI: $9.73 million
4. Bittensor: $8 million
5. RhoMarkets: $7.6 million (Returned)
6. Terra: $4 million
7. DoughFina: $1.86 million
8. Minterest: $1.4 million
9. MonoSwap: $1.3 million
10. DeltaPrime: $1 million (Returned $900K)
Source
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💰Binance Labs invests in aPriori
◾Binance Labs has invested in aPriori, a project focused on MEV-powered liquid staking solutions on the Monad network.
◾aPriori’s mission is to decentralize Monad’s network and enhance the user experience by reducing gas fees, optimizing network traffic, and driving sustainable incentives for validators.
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🔔 Binance Labs invests in four projects from BNB Chain's season 7 MVB program
◾️BNB Chain’s MVB (Most Valuable Builder) Program attracted over 700 applications this season, with less than 2% being accepted.
🔸Aggregata: Unifies AI data, models, and computing into a seamless, one-stop platform.
🔸Opinion Labs: Building dynamic opinion and continuous prediction markets.
🔸Sidekick: The consolidation hub for social, games, and beyond.
🔸Vooi: A cross-chain perp DEX aggregator supporting both EVM and non-EVM chains.
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🔔 Tether plans to launch a UAE Dirham-pegged stablecoin
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🔔 Binance announces the 57th project on Binance Launchpool -Dogs (DOGS)
◾️ Binance has announced the 57th project on Binance Launchpool – Dogs (DOGS), a Ton memecoin born within Telegram community.
◾️Users will be able to stake their BNB and FDUSD into separate pools to farm DOGS tokens over three days, with farming starting from August 23rd at 00:00 (UTC).
▶️ Listing: 26th August at 12:00 (UTC)
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🇮🇳 Binance App back on Play Store and App Store in India
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💰Binance Labs invests in Sahara AI
◾ Binance Labs invested in Sahara AI, a decentralized blockchain platform built for open and equitable AI.
◾Sahara AI is building a collaborative AI economy that prioritizes the sovereignty and provenance of AI, ensuring security, equity, and accessibility for all.
◾As reported by Reuters, Sahara AI raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs, and Polychain Capital.
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🔔 Apeiron launches early PvE access for Planet NFT holders
◾Apeiron $APRS has launched early PvE access for Goldings Playtest, the holders of planet NFTs, lasting until August 22nd.
◾Players who finish runs before the deadline will earn exclusive rewards, including Booty Hours and rare potions.
◾The top 100 performers by the end of the testing period will be awarded 1 Doodelic Wing, a Free Apostle NFT Mint item.
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We're back 🤑 BTC hits $61,000 🚀
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🔔 Hundreds of dormant wallets linked to PlusToken scam moving 'large amounts' of ether
◾️Dormant wallets are moving 789,533 ETH ($2 billion) after 3.3 years. The funds are from the "PlusToken Ponzi 2" wallet, seized by Chinese police.
◾️In November 2020, Chinese law enforcement seized $4.2 billion worth of crypto from seven convicts. Today, it's worth over $14 billion.
▶️ Tokens seized:
• 194,775 BTC
• 833,083 ETH
• 1.4 million LTC
• 27.6 million EOS
• 74,167 DASH
• 487 million XRP
• 6 billion DOGE
• 79,581 BCH
• 213,724 USDT
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🇮🇳 DGCI sends ₹722 Crore (approx $87 million) GST notice to Binance
◾️The Directorate General of GST Intelligence (DGGI) has issued a show cause notice to Binance for a GST payment of ₹722 crore (approx. $87M).
◾️This marks the first time the DGGI has issued such a notice to a cryptocurrency firm.
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😳 😂🙈Justin Sun announces $1 billion fund to combat FUD and boost liquidity
Possibly lost $1B 😢
Don't worry! The industry has grown significantly over the past year, and this market fluctuation isn't due to negative news. We should reject FUD and keep building. That's why we're creating a $1 billion fund to combat FUD, invest more, and provide liquidity.
🥲 Bitcoin price drops below $58,000
🚨 Total Liquidations
• 1 hour: $154 million
• 4 hours: $256 million
• 12 hours: $273 million
• 24 hours: $354 million
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🔔 Donald Trump suggests paying off $35 trillion national debt with Crypto or Bitcoin
"Maybe we'll pay off our $35 trillion debt by handing them a little crypto check, handing them a little Bitcoin."
💰 Binance Labs invests in Particle Network
◾Binance Labs invested in Particle Network, the leading L1 solution for unifying all chains via Universal Accounts, addressing user and liquidity fragmentation in Web3.
◾With Particle Network’s Chain Abstraction infrastructure, users can maintain a single account and balance across the entire ecosystem, eliminating the need for manual bridging or asset management across multiple chains.
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🔔 Donald Trump launches limited edition Bitcoin sneakers
◾️Each pair is numbered and can be purchased with Bitcoin or your favorite cryptocurrency.
◾️Trump’s “Crypto President High Tops” in orange are available for pre-order at $499, while a black pair of BTC-themed high tops can be pre-ordered for $299.
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🔔 Binance Labs announces four projects for Seventh Season Incubation
▶️ Projects include:
🔸Astherus: A liquidity hub for staked assets such as liquid staking tokens (LSTs) and liquid restaking tokens (LRTs).
🔸CYCLE NETWORK: A universal, secure and verifiable chain abstraction that offers a bridgeless aggregate liquidity network for all blockchains, whether L1s, L2s, EVMs, or non-EVMs.
🔸DILL: The most scalable data availability network, fully compatible with the Danksharding roadmap.
🔸EigenExplorer: EigenLayer's first native DeFi protocol.
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