Mog Coin ($MOG) surged 108% this week, becoming the seventh most valuable cryptocurrency. Analysts compare it favorably to $DOGE and $SHIB, citing strong social media presence and endorsements. Its market cap could reach $1.6B in 2024. #Update
? $PEPE is set to overtake $SHIB in the crypto market, rising 650% vs. Shiba Inu’s 125%. With $1.5M in presale and potential Coinbase listing, Pepe’s memetic appeal and utility are driving significant growth. #Update #CryptoNews
Starknet Foundation allocates an additional 50M STRK to its DeFi Spring 2.0 program, increasing the total to 90M STRK. The initiative, in collaboration with OpenBlock Labs, aims to boost Starknet’s DeFi ecosystem from July-Dec 2024. #Update
? PayPal-backed Mesh partners with Italy’s Conio to enable 430K Italians to access 10 crypto exchanges like Coinbase and Binance. This move aims to educate investors on secure crypto storage. #CryptoNews
Gemini has signed a 5-year sponsorship deal with Real Bedford FC, co-owned by Peter McCormack and backed by the Winklevoss twins. Paid in Bitcoin, the deal boosts the club’s financial stability. #Bitcoin #Update
Robert Kao emphasizes that web3 adoption relies on user-friendly interfaces and tangible rewards, not blockchain specifics. By mimicking web2 strategies like Instagram’s ease of use, web3 apps can drive engagement with tokens and gamified incentives. #Update #Web3
McKinsey projects tokenization market cap to hit $2T by 2030, possibly $4T, far below optimistic $10T estimates. Despite potential benefits like 24/7 payments, issues such as liquidity and regulatory delays impede growth. #Update #Tokenization
TEA, a new memecoin on Solana, launched July 1, 2024, has already attracted 3M users. It offers staking with 50% APY, farming, and a burning mechanism to support global sustainability and education. #Crypto #Update
The Russian Union of Industrialists and Entrepreneurs is planning a national Bitcoin fund to boost digital financial assets in foreign trade, circumventing sanctions. This initiative will use locally mined Bitcoins to back DFAs for legal cross-border transactions. #CryptoNews
Marine Le Pen’s National Rally leads France’s parliamentary elections with 33.2%, surpassing the leftwing New Popular Front’s 28% and Macron’s 22.4%. This shift raises questions about future crypto policies and regulatory frameworks. #Update #France #Crypto
Hackers stole $176.2M in June, a 54.2% drop from May’s $574.6M. The largest breach was @btcturkcomtr losing $100.25M. Other victims: Lykke ($22M), UwU Lend ($19.4M), Holograph ($14.4M), Velocore ($6.8M). #Update #CryptoSecurity
Savl’s COO James Toledano discusses how robust KYC protocols significantly reduce money laundering in crypto. Savl’s advanced KYC tech has cut fraud rates and increased security, promoting trust in $BTC, $ETH, and other cryptocurrencies. #Update #CryptoSecurity
Sony enters the crypto exchange market by acquiring Amber Japan, rebranding it as S.BLOX. This move aims to expand supported currencies and features, enhancing secure crypto trading. #Crypto #Update
Dogwifhat ($WIF) surged 19%, reaching $2.31 with a $432M trading volume. Its market cap now exceeds $2.3B after @VanEck_US filed for the first Solana ETF. WIF remains 55% below its all-time high. #Update
