BONK Community Burns $8 Million in Tokens
The meme cryptocurrency BONK has burned 300 billion BONK tokens, valued at approximately $8 million, sourced from protocol fees generated by the LetsBONK fun platform. The burn was announced via a post on the X platform.
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Billionaire Adam Weitsman just bought over 5,000 NFTs from Yuga Labs (Otherdeeds, Mega Kodas, Weapon Kodas)! π° He remains bullish on the long-term potential of NFTs despite market dips. #NFTs #YugaLabs #Web3
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π¨ Big ETH moves! π¨ Two new wallets just grabbed massive amounts of Ethereum β 1.5M & 9.968K ETH (~$55.9M & $37.1M). Wallet β0x86Fβ got 15K ETH from FalconX, now holds ~$146M. β0x55Cβ received ~ $37.1M from Galaxy Digital. More info π
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Hyperliquid hit a record $320B in monthly trading volume in July! π Thatβs up 47% from June & 28% from its previous high. The DEX dominates the perpetual contract space with >75% market share. #DeFi #Hyperliquid #trading
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FinCEN warns banks about crypto ATMs being used for money laundering (linked to drug trafficking!) & scams targeting vulnerable people. Banks need stronger checks & monitoring to fight this evolving crime. Stay vigilant! #crypto #fintech #fraud
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Phantom wallet just acquired Solsniper, an AI-powered meme coin trading platform on Solana! π This move boosts Phantomβs tools for the booming meme coin market & gives traders data-driven insights. Big news for the Solana ecosystem! #Solana #Phantom #memecoin
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Figure Technology Solutions, a blockchain loan firm, filed for an IPO! π Confidentially submitted to the SEC, aiming to go public later this year. More public blockchain/DeFi companies on the horizon? #blockchain #DeFi #IPO
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Rep. Dina Titus (NV) is calling for an investigation into CFTC nominee Brian Quintenzβs connections to prediction markets. A Senate vote on his nomination is paused, reportedly at the White Houseβs request, as regulatory scrutiny of these platforms grows. More details are pending.
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Ethereum trading volume surged 70% in July, hitting nearly $240B β the highest since Dec '21! π Renewed investor interest signals a strengthening ecosystem. #Ethereum #DeFi #crypto
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Coinbase added Mamo (MAMO) to its listing roadmap! Trading will begin once sufficient liquidity & infrastructure are in place. Stay tuned for updates. #crypto #MAMO #Coinbase
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