Your weekly dive into the digital frontier

Hello, fellow crypto enthusiasts!

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⚠️ dYdX has restored the site after the hack

On July 23, hackers attacked the website of one of the dYdX trading platforms. User funds were not affected. Attackers targeted only the site’s interface. dYdX has already managed to restore work after the hack. However, remember that your computer can still cache the compromised site.

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🪙 BTC withdrawals and Mt. Gox 

OnChainSchool via CryptoQuant notes a significant increase in BTC withdrawals from Kraken after affected Mt. Gox users started receiving their funds. This could be a positive signal indicating that they are not selling and are preparing to hold their coins by transferring them from the exchange to cold wallets.

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😼 Binance has contributed an unnamed amount to Catizen

And the CATI premarket is trading at $0.44 per token. Since the premarket has already been launched, the listing is not far off, and the market is preparing for bullish sentiment.

Earlier, the developers announced that 45% of the total coins will be allocated for the community drop.

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📦 Trump’s office has collected about $3M in crypto donations 

The team of US presidential candidate Donald Trump has collected about $3M in donations in crypto-assets in the second quarter of 2024, reports the Wall Street Journal.

According to the publication, Trump’s office received:

• $1.8M in bitcoins (BTC);
• $900K in Ethereum (ETH);
• $300 in Dogecoin (DOGE);
• $100 in Shiba Inu (SHIB). 

Among the first to endorse a presidential candidate were brothers Cameron and Tyler Winklevoss, founders of the Gemini Exchange. Also donating in cryptocurrency was Kraken exchange co-founder Jesse Powell.

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🚘 Not a Lambo, but a Ferrari

Italian car manufacturer Ferrari will start accepting cryptocurrency payments on the European market from the end of July. It will be possible to pay for purchases in BTC, ETH, and USDC.

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🔑 Key crypto market highlights (July 24-31)

• AltLayer (ALT) – 684M coins, or 42% of the circulating supply, to be unlocked (25.07).

• dYdX software upgrade (25.07).
• Illuvium will launch an open beta game mainnet (25.07).
• Savanna Haus meetup in Nashville (26.07).
• Yield Guild Games (YGG) to unlock 14.08M tokens, which is 3.74% of the circulating supply (27.07).
• SingularityNET (AGIX) tokens unlock of 8.45M coins or 1.34% of the circulating supply is coming (28.07).
• Dash to launch its Evolution platform (29.07).
• StarkNet to host a meetup in Tokyo (29.07).
• Tornado Cash (TORN) unlock of 91.67K coins or 2.41% of the circulating supply is set (30.07).
• Boba Network has announced the Fjord hard fork (30.07).
• Decentralized Social will release its app – Focus (30.07).
• Router Protocol mainnet launch (30.07).
• Echelon Prime (PRIME) – 750K coins, or 1.75% of the circulating supply, to be unlocked (31.07).
• EOS hard fork (31.07).
• Optimism (OP) to unlock 31.34M tokens, which is 2.79% of the circulating supply (31.07).

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💵 Ideas

[1] 🔔New jumpstart on OKX

On OKX now there is an opportunity to put ETN/BTC into farming and get MAX tokens from July 29 at 09:00 to August 5 at 09:00. Users will receive 3-5 percent of the volume.

• Total pool – 20 000 000 MAX
• Total Matr1x supply – 1B.

To participate:

• go to the OKX app, then click on Earn > Jumpstart > Matr1x. 
• Deposit and wait for the end of the promotion.
• The maximum you can deposit from one account is 3.5 ETH/ 0.3 BTC, there is no minimum.

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[2] 🔔 PENDLE brief chart analysis

According to ugurtash’s technical analysis, since October 2023, PENDLE has been steadily rising, following a trend line that acts as a balance for its price movement. Recently, after experiencing a squeeze from a falling trend line, the price began moving upward again. This upward movement aligns with a harmonic pattern, suggesting a potential increase of 112% to reach its target zone.

^{*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.}

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[3] 🔔Meet BOSHI, the new memecoin

Representatives of the BOSHI project, the new memecoin on the Base network, say they intend to make memecoin the godfather of all memes. The launch will be accompanied by market maker Peanuts Trade, and the team’s goal is $100-150M token capitalization.

Also, BOSHI holders will have access to:

• BoshiBot: an improved version of BonkBot;
• Boshi Eco Launcher: a platform that facilitates the launch of new projects in the BOSHI community;
• Boshi DAO.

BOSHI Contract: 0x7Fdd7419428955DBF36d4176Af5A8f09AD29D1f3