Cartesi’s Honeypot dApp, launched in September 2023, remains unbroken despite a $1M CTSI reward for exploits. This underscores its security and highlights Cartesi’s commitment to platform safety and innovation. #Blockchain #Security
Donald Trump unveiled $499 Bitcoin-themed sneakers after his pro-crypto speech at Bitcoin 2024. Only 1,000 pairs in ‘Bitcoin Orange’ are available, with plans to transform U.S. crypto policies if elected. #CryptoNews
Elixir Network launched deUSD, a decentralized synthetic stablecoin with $1B liquidity, minted by stETH and sDAI. It integrates with DEXs to boost yields and aims for $300M TVL in the Apothecary program.
Mt. Gox Trustee transferred $2.25B in Bitcoin to BitGo, part of a $9B repayment plan. Bitcoin briefly dipped below $66,000 but recovered. Remaining $3B disbursement will settle over $5.5B in BTC repayments.
Riot Platforms increased its Bitfarms stake to 15.9% by acquiring over 10M shares for $159.1M. Shares were bought at $2.48-$2.84 each, while Riot’s stock trades at $10.61 per share. #CryptoNews
The SEC amended its complaint against Binance, removing Solana (SOL) and 10 other crypto assets from securities classification, sparking debate. Experts view this as a litigation tactic, leaving Solana’s legal status uncertain and impacting potential ETF launches.
Icebreaker, founded by ex-Coinbase and Google staff, raises $5M to build a web3 professional network, valued at $21M. Co-founders Dan Stone and Jack Dille advocate for public digital identities to enhance trust and reduce fakes.
Stellar Lumens (XLM) hit $0.105, up 6% from monthly lows. Partners Circle and MoneyGram enhance USDC access. Analysts predict XLM could rise to $0.73, but Soroban platform struggles to attract developers.
Karak integrates Space and Time as a zero-knowledge coprocessor for its Distributed Secure services, enhancing security and scalability for decentralized applications. The platform, built on Ethereum, recently raised $48M in Series A funding.
Icebreaker, an open-source professional network by Coinbase and Google alumni, raised $5M in seed funding at a $21M valuation. The platform uses blockchain for secure endorsements and credential verification, aiming to rival LinkedIn.
Decentralized exchange ZKX shuts down due to low trading volumes and unsustainable conditions. Users can withdraw funds until August 31. ZKX token value drops 70% in a week, highlighting economic viability challenges.
Polymarket betters dispute $2.6M resolution on Trump’s Bitcoin pledge. Trump plans to halt government Bitcoin sales if elected, addressing 20,000 attendees. Allegations of fraud arise as some feel cheated. Government holds 183,000 BTC worth $12.7B.
Bitcoin miners, led by firms like Marathon Digital, are strategically accumulating BTC post-halving, boosting reserves amid rising institutional interest. This move, fueled by efficient upgrades, signals a bullish long-term price outlook despite challenges for smaller miners.
Liquidity restaking tokens surged 8,300% in 2023, from $164M to nearly $14B. Ether.fi (ETHFI) leads with 50% market share, but concerns grow over centralization as Lido Finance (LDO) dominates with $33B staked.
