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EYWA Cross-Chain Protocol Announces Second Airdrop

EYWA Cross-Chain Protocol Announces Second Airdrop

The cross-chain protocol EYWA has announced the second season of its airdrop program, which will feature the mini-application Llamaville. The project team shared this information with ForkLog. The first season of the program concluded on August 7. “We generously distributed tokens, providing the most active participants with 20x-30x returns on their investments. Everyone who made […]

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FTX Creditors Endorse Reorganization Plan

FTX Creditors Endorse Reorganization Plan

FTX announced overwhelming support from creditors for the updated exchange reorganization plan. Preliminary data shows 95% of votes in favor, representing 99% of the claim amounts. Given these figures, the results are expected to surpass the Bankruptcy Code threshold for approval by the Delaware District Court. FTX will submit the final numbers to the court […]

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Dovish Fed Minutes Boost Bitcoin Bullish Sentiment

Dovish Fed Minutes Boost Bitcoin Bullish Sentiment

Open interest in bitcoin futures surged from $30.21 billion to $31.92 billion following increased prospects of a Fed policy easing in September. The reduction in selling pressure from Mt.Gox clients and the German government, combined with heightened volatility, set the stage for renewed growth. Overbought conditions in several technical indicators could pose a challenge. On […]

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McDonald's Instagram Hacked to Promote Fake Meme Coin

McDonald’s Instagram Hacked to Promote Fake Meme Coin

On August 21, a hacker known as India_X_Kr3w breached the Instagram account of fast-food giant McDonald’s and the X-account of the company’s marketing director, Guillaume Huin, to promote a fraudulent meme token called GRIMACE. McDonald’s official Instagram account was suspected to have been hacked, claiming that it had issued the Meme token “GRIMACE” on Solana. […]

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Lingo Telecom Fined $1 Million for Biden Deepfake Incident

Lingo Telecom Fined $1 Million for Biden Deepfake Incident

The US Federal Communications Commission (FCC) has fined Texas-based telecommunications company Lingo Telecom $1 million for distributing deepfakes of President Joe Biden, according to a press release. In January, an unknown individual used artificial intelligence to mimic Biden’s voice and made a series of calls to voters in New Hampshire, urging them to boycott the […]

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Tron Removes 12,000 BTC from USDD Reserves

Tron Removes 12,000 BTC from USDD Reserves

The team behind the algorithmic stablecoin USDD within the Tron ecosystem has quietly removed an address holding approximately 12,000 BTC (~$716 million) from the asset’s reserves. This was highlighted by on-chain researcher Symbio. lmao @justinsuntron silently removed the 12.000 btc as USDD collateral recently and it’s now 100% backed by tron (except for 20mil. usdt). […]

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Trader Achieves 443-Fold Profit on Meme Token SunWukong

Trader Achieves 443-Fold Profit on Meme Token SunWukong

An unknown trader acquired 43.8 million SUNWUKONG tokens on the TRON (TRX) network for $997, which at the time of writing have exceeded a value of $441,450. The trader continues to hold the asset. Congratulations to trader TDm2 for turning $1K into $400K on SUNWUKONG TDm2 bought $999.9 of SUNWUKONG before it exited @sunpumpmeme’s bonding […]

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CryptoSummit in Russia Bans Cryptocurrency Advertising

CryptoSummit in Russia Bans Cryptocurrency Advertising

The organisers of the CryptoSummit forum have informed participants of a ban on advertising cryptocurrency transactions at their stands, as reported by Kommersant. Specifically, the promotion of particular coins, trading bot services, asset management, exchanges, and wallets is prohibited. However, advertising crypto forums or courses is permitted. In their letter, the organisers referred to the […]

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Neuralink's Second Patient Masters Gaming and 3D Design with Brain Chip

Neuralink’s Second Patient Masters Gaming and 3D Design with Brain Chip

Neuralink’s second patient, Alex, has learned to play video games and use software for designing 3D objects just weeks after his surgery. Early progress with our second participanthttps://t.co/uiFVAUZzvK — Neuralink (@neuralink) August 21, 2024 In early August, Elon Musk announced the successful integration of a brain-computer interface (BCI), though he did not specify the date […]

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Binance Dismisses IPO Plans Amid Strong Financial Standing

Binance Dismisses IPO Plans Amid Strong Financial Standing

Cryptocurrency exchange Binance is in a stable financial position and therefore does not consider an IPO. This was stated by the platform’s CEO Richard Teng in an interview with CoinDesk. “From the fifth month of operation, Binance became profitable, being very prudent in terms of expenses. So the topic [of an IPO] is not currently […]

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BitBoy and NBA Star Settle Binance Promotion Lawsuit for $340,000

BitBoy and NBA Star Settle Binance Promotion Lawsuit for $340,000

Cryptoblogger Ben Armstrong, known as BitBoy, and NBA star Jimmy Butler have agreed to a combined settlement of $340,000 to resolve a class-action lawsuit over promoting Binance, as reported by Cointelegraph. The claim alleges that the cryptocurrency exchange sold unregistered securities. On August 19, the influencers’ lawyers filed a motion in court for preliminary approval […]

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Undeads Games Celebrates Beta Launch with 5000 USDT Giveaway

Undeads Games Celebrates Beta Launch with 5000 USDT Giveaway

Undeads Games has announced a giveaway of 5000 USDT to users of its previously released game, Undeads Rush, in partnership with the Web3 store, Magic Store. The announcement was made on the social network X. ? Join the latest Undeads event at @MagicSquareio to share 5,000 #USDT rewards pool:https://t.co/tgtfZZUTn3#Undeads #Web3 #NFT #GameFi #Crypto #Blockchain #Bitcoin […]

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