EOS Network launches a $127M staking rewards program with 85,600 $EOS tokens distributed daily and an initial 60% APY. Lock-up periods increased from 4 to 21 days. EOS supply capped at 2.1B tokens to boost stability. #Update #CryptoNews
Justin Sun announces @TRONfoundation’s fee-free stablecoin transfers launching Q4 2024. Initially on TRON, expanding to Ethereum. With $58B in stablecoin capitalization, this move could boost adoption. TRON leads P2P payments with nearly double Ethereum’s transactions. #CryptoNews
Tron’s @justinsuntron to launch gas-free stablecoin transfer solution on Tron in Q4 2024, expanding to Ethereum and other blockchains. This could cut transaction costs and boost stablecoin adoption. #CryptoNews #Stablecoins #Update
Shiba Inu’s lead dev, Shytoshi Kusama, to visit Mumbai after a successful IVS Conference in Kyoto! Kusama’s public debut in Japan, masked and in a samurai outfit, thrilled the SHIB Army. Mumbai event to feature interactive sessions on future projects, marking a major milestone for $SHIB. #Update
Hackers are exploiting vulnerabilities in older Rejetto HFS versions to install Monero mining malware. AhnLab highlights attacks using XMRig, XenoRAT, and Gh0stRAT. Rejetto warns against using versions 2.3m-2.4. #CyberSecurity #Update
Orbs launches its Liquidity Hub on Fenix Finance, enhancing liquidity and capital efficiency for Blast users. This integration promises reduced slippage, gas-free transactions, and MEV protection. Fenix Finance has seen $150M in volume since its Open Beta. #Update #DeFi
Dogecoin whale accumulates 90M DOGE from Binance amid market crash, boosting holdings to 1.42B DOGE worth $157.3M. Despite a 7.08% pullback to $0.11, this move hints at bullish sentiment. Derivatives volume surged 64.80%, showing investor uncertainty. #CryptoNews
BitMEX launches MEMEMEXTUSDT, a Basket Index perpetual swap, giving traders exposure to top 10 meme coins by market cap, including $DOGE, $SHIB, and $PEPE. Margined in USDT with up to 25x leverage, it simplifies meme coin market access. #CryptoNews
Helium ($HNT) surged 7% to $3.74 amid a crypto downturn, boosted by the Helium Foundation’s HIP-128 proposal for an ENERGY subnetwork rewarding solar energy production. Trading volume soared 34% to $12.2M. #Update #CryptoNews
Gala Games and @AnimocaBrands have partnered to enhance the $GALA token experience. Animoca will facilitate orderly trading and become a GalaChain validator. GALA price rebounded to $0.02623, with trading volume up 38% in 24 hours. Total futures open interest rose to 2.35 billion. #CryptoNews
Chromia will launch its MVP Mainnet on July 16, introducing the CHR token and key network functions. The price of $CHR surged 12% in 24 hours, reflecting strong market interest. #Update #Blockchain #CryptoNews
Toncoin ($TON) surged to $8.10, just shy of its all-time high, with an 800% rise in 2023. It now ranks as the 8th largest blockchain in DeFi with a TVL of $1.13B. #Update
Memecoins, often seen as valueless, are vital in crypto. Vitalik Buterin sees their philanthropic potential, while Michael Novogratz notes their market influence. Memecoins excel in marketing, drawing broader audiences and driving blockchain adoption. Example: Dog Wif Hat raised $700K for ads. #Update
Mog Coin ($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
