Kaito Earn projects saw temporary boosts from social media incentives, but activity quickly returned to normal. More users, but lower quality. Project activity is tied to token price, not real impact, according to Flipside Analytics.
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ethPandaOps research: Increasing Ethereum’s gas limit (testing 45M, aiming for 60M/100M) can help Layer-1 scaling! Pectra & Fusaka upgrades improve data availability. 45M tests show faster block times & ~29% validator support. Update & signal: gaslimit.pics
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HashKey Chain launched veHSK – a new governance system! 🗳️ Stake HSK to get non-transferable veHSK & vote on-chain. Benefits include priority project access & potential revenue sharing. It’s a dual-track system: some votes need veHSK, others don’t! #veHSK #HashKeyChain #DeFi
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UK crypto platform Ziglu has entered special administration (July 7th) after financial struggles. RSM is handling restructuring. Formerly a Robinhood acquisition target, Ziglu had frozen accounts & halted crypto services prior to this. (crowdfundinsider)
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BNB Chain experienced a $24.7k loss on a $25k BNB Foundation purchase supporting the Janitor community due to price slippage in a low-liquidity pool. Not a sandwich attack, but a routing issue with new/low-volume tokens. A corrected transaction was completed to continue support.
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Sharplink Gaming has increased its Ethereum (ETH) holdings by 5,072 ETH, valued at approximately $13.51 million. According to on-chain data from Onchain Lens, the firm now holds a total of over 210,700 ETH, exceeding $584.52 million at current prices.
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GMX exploit hacker converted ~$32.33M in stolen assets (WBTC, WETH, UNI, LINK, USDC, USDT) to 11,700 ETH across 4 wallets. ~$10.5M FRAX remains. Hacker holds ~$42.8M total & rejected GMX’s 10% white hat offer. - @EmberCN
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CZ’s family office, YZi Labs, is backing “The BNB Treasury Company,” a new asset manager focused on BNB. Led by ex-Galaxy Digital’s David Namdar, it plans a US exchange listing. Funding expected soon. (Cointelegraph) #BNB #Binance
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Onchain Lens data reveals trader AguilaTrades (@AguilaTrades) has increased their leveraged long Bitcoin (BTC) position to 2,821.36 coins, exceeding $300 million in value. The position currently holds an approximate $6 million in unrealized profit.
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Abraxas Capital has withdrawn 29,741 ETH (valued at $81 million) from Binance and Kraken over the past 12 hours, according to on-chain data from Lookonchain, as reported by Wu Blockchain.
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