Qubic simulated a 51% attack on Monero, reorganizing 6 blocks with 80% mining control for 2 hours. $55k burned, $200k rewarded to participants in the security experiment. Aims to strengthen Monero! #Monero #cryptocurrency #security
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Hyperbeat just raised $5.2M from ether.Fi & Electric Capital to build out yield infrastructure for the Hyperliquid ecosystem! ๐ This will boost returns for traders, protocols & institutions in DeFi. Big vote of confidence in Hyperliquidโs growth! ๐ฐ #DeFi #Hyperliquid #funding
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๐ Binance launches OpenEden (EDEN) airdrop! ๐ฐ Share 20M EDEN tokens by completing tasks & holding 61+ Binance Alpha Points. Program starts Aug 18th with 3 phases: tasks, distribution & claiming. EDEN powers governance & staking on the OpenEden RWA platform. #Binance #Airdrop #RWA #EDEN
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OSL Group & Zhongying Group are partnering to boost stablecoin adoption! ๐ค OSLโs financial infrastructure will integrate with Zhongyingโs gaming ecosystem, enabling stablecoin payments in games & beyond. A big step for bridging traditional finance & digital entertainment! ๐ฎ๐ฐ
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OpenAI's Sam Altman is reportedly interested in buying Google Chrome if the US government forces a sale due to antitrust concerns. A potential shakeup in the browser world! ๐
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Fed's Goolsbee & Waller flagged concerns over recent PPI & CPI inflation data. Waller urged close monitoring of trends, cautioning against overreacting to one month's figures. #inflation #FederalReserve
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GENIUS Act faces opposition from banks & regulators. Key concern: allowing some state banks national reach w/ federal oversight, sidestepping state rules. Stablecoin loopholes & potential $6.6T deposit outflow also flagged (Coinbase disputes outflow). #crypto #regulation
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SharpLink Gaming reported a $103.4M Q2 loss, mainly due to an $87.8M impairment of its Ethereum (ETH) holdings (728,804 ETH, mostly staked). Revenue was $7M. Theyโve partnered with Consensys to refine their ETH strategy, highlighting crypto investment risks amid price volatility.
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Synthetix is rebuilding on Ethereum mainnet as a high-performance Perp DEX! ๐ Kain Warwick calls it a "restart" with new architecture: off-chain order books & on-chain settlement for optimal perpetuals. ๐ช #Synthetix #DeFi #Ethereum
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๐ Binance Alpha lists Reservoir (DAM)! Spot trading starts Aug 18, 11:00 UTC, Futures at 12:30 UTC. โจ Eligible users can claim an airdrop via Binance Alpha Points โ details soon on the Alpha Events page! #Binance #DAM #crypto
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