๐ Dune CEO on disadvantages of airdrop
According to the CEO of analytics service Dune, the airdrop system has some disadvantages:
- This is an absurd waste of capital on farmers.
- Such a mechanic does not create any long-term value for anyone.
- Airdrops create โget rich quick communitiesโ.
โIf Dune wanted to issue a token, we would have done it a long time ago, but we didnโt and we wonโt,โ Dune CEO emphasized
Source : https://twitter.com/hagaetc/status/1679474608175456256?s=46&t=kCIhaEi0XLB_-Bs1i5Fh4A
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According to the CEO of analytics service Dune, the airdrop system has some disadvantages:
- This is an absurd waste of capital on farmers.
- Such a mechanic does not create any long-term value for anyone.
- Airdrops create โget rich quick communitiesโ.
โIf Dune wanted to issue a token, we would have done it a long time ago, but we didnโt and we wonโt,โ Dune CEO emphasized
Source : https://twitter.com/hagaetc/status/1679474608175456256?s=46&t=kCIhaEi0XLB_-Bs1i5Fh4A
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๐งฌ Vitalik Buterin today spoke on the stage of EthCC in Paris
He spoke about the โaccount abstractionโ technology and that a lot of work needs to be done to integrate this update into Ethereum.
Recall that โaccount abstractionโ will allow you to pay commissions not only with ETH, but also with any tokens , and will also provide an opportunity to save on gas using signature aggregation.
At the end of the performance , Vitalik very effectively left the stage .
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He spoke about the โaccount abstractionโ technology and that a lot of work needs to be done to integrate this update into Ethereum.
Recall that โaccount abstractionโ will allow you to pay commissions not only with ETH, but also with any tokens , and will also provide an opportunity to save on gas using signature aggregation.
At the end of the performance , Vitalik very effectively left the stage .
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๐ฆ MetaMask will launch Snaps.
The MetaMask wallet plans to launch the Snaps protocol before the end of 2023. It will provide users with the ability to interact with applications on other networks.
The project describes Snaps as "open source, allowing anyone to securely extend wallet functionality."
Source : https://thedefiant.io/metamask-to-support-cross-chain-interactions-with-snaps-by-2024
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The MetaMask wallet plans to launch the Snaps protocol before the end of 2023. It will provide users with the ability to interact with applications on other networks.
The project describes Snaps as "open source, allowing anyone to securely extend wallet functionality."
Source : https://thedefiant.io/metamask-to-support-cross-chain-interactions-with-snaps-by-2024
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๐พ Xcad PLAY Area Updates !!
Legendary Nerd is the new mint type which was introduced 2 days ago.
Following the release of new mint type Xcademy increased daily swap limit to 6.
๐Stats at the time of tweet :
Total Nerds Minted : 7228
Total $PLAY Burned : 112,878,880
and still countingโฆโฆ.
Kudos to Xcad team for the ground breaking achievements !!
Like & RT : https://twitter.com/blokhash/status/1683107763751391232?s=46&t=a1HW7baKBCeh5ilJRRKDaw
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Legendary Nerd is the new mint type which was introduced 2 days ago.
Following the release of new mint type Xcademy increased daily swap limit to 6.
๐Stats at the time of tweet :
Total Nerds Minted : 7228
Total $PLAY Burned : 112,878,880
and still countingโฆโฆ.
Kudos to Xcad team for the ground breaking achievements !!
Like & RT : https://twitter.com/blokhash/status/1683107763751391232?s=46&t=a1HW7baKBCeh5ilJRRKDaw
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Bybit has already listed the token.
Recall that the Worldcoin protocol identifies users by scanning the iris with a biometric device called Orb.
https://www.binance.com/en/support/articles/9bc08522433c44b1b0b9978d65c4f5e5
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DxSale offered 500$ bounty for saving 5.2M$
Cybersecurity company Decurity announced that it has discovered a vulnerability in the DxSale protocol with a potential damage of $5.2 million.
As a reward, DxSale offered the experts $500, which the organization considered "an unexpected disappointment."
More Details : https://blog.decurity.io/dx-protocol-vulnerability-disclosure-bddff88aeb1d
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Cybersecurity company Decurity announced that it has discovered a vulnerability in the DxSale protocol with a potential damage of $5.2 million.
As a reward, DxSale offered the experts $500, which the organization considered "an unexpected disappointment."
More Details : https://blog.decurity.io/dx-protocol-vulnerability-disclosure-bddff88aeb1d
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๐น Top 10 Launchpad With Average ROI In Last Year
SeedifyFund : 174%
Enjinstarter : 91%
Daomaker : 73%
BSCPad : 26%
Poolz : 19%
TrustSwap : 12%
Bullperks : 5%
BSC Launch : -9%
GameFi : -27%
Avalaunch : -33%
๐ซกAnalysed IDOs : 219
๐Source : CryptoRank
Like & RT : https://twitter.com/BlokHash/status/1685308968317648897?s=20
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SeedifyFund : 174%
Enjinstarter : 91%
Daomaker : 73%
BSCPad : 26%
Poolz : 19%
TrustSwap : 12%
Bullperks : 5%
BSC Launch : -9%
GameFi : -27%
Avalaunch : -33%
๐ซกAnalysed IDOs : 219
๐Source : CryptoRank
Like & RT : https://twitter.com/BlokHash/status/1685308968317648897?s=20
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What's going on with Curve ?
Recently, the popular DeFi protocol Curve Finance experienced a hack on some pools that were built on the Vyper programming language. The attackers managed to steal more than $40 million.
Against this background, the price of the token at the moment fell by 35%, after which it recovered slightly.
What is the problem?
Curve founder Mikhail Egorov has an open large credit position in the amount of $105 million with a pledge of almost 450 million CRV in some protocols (screens 1-4) :
- 305 million CRV in AAVE - 70 million USDT/USDC;
- 63.5 million CRVs in Abracadabra - 18.7 million MIMs;
- 46.6 million CRV in Fraxlend - 12 million FRAX;
- 25 million in Inverse - 7.7 million Dola.
The liquidation price of his positions is about $0.38-$0.4. The token is currently trading at around $0.59. The Egorov project itself managed to lose about 50% of TVL.
Now he is paying off the Fraxlend position by selling OTC at $0.4 CRV. Justin Sun has already appeared among the buyers. He bought 5 million CRVs ( screen 5).
The borrowing mechanism on this platform involves a gradual increase in fees at a liquidation risk of more than 85%. According to Delphi Digital, the current penalty is around 82%, but it will reach 10,000% in a few days.
At FRAXlend, Egorov took out a loan of $12 million in FRAX secured by $46.6 million in CRV. This loan is under threat of forced liquidation at a rate of $0.43 with a probability of 99.9%.
To avoid this, he also created a crvUSD/fFRAX pool and added a financial incentive for pool members in the form of 100,000 CRV, which will reduce the risk of liquidation of the loan, as well as delay the process, according to Delphi Digital.
โก๏ธOur Official Socials :
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Recently, the popular DeFi protocol Curve Finance experienced a hack on some pools that were built on the Vyper programming language. The attackers managed to steal more than $40 million.
Against this background, the price of the token at the moment fell by 35%, after which it recovered slightly.
What is the problem?
Curve founder Mikhail Egorov has an open large credit position in the amount of $105 million with a pledge of almost 450 million CRV in some protocols (screens 1-4) :
- 305 million CRV in AAVE - 70 million USDT/USDC;
- 63.5 million CRVs in Abracadabra - 18.7 million MIMs;
- 46.6 million CRV in Fraxlend - 12 million FRAX;
- 25 million in Inverse - 7.7 million Dola.
The liquidation price of his positions is about $0.38-$0.4. The token is currently trading at around $0.59. The Egorov project itself managed to lose about 50% of TVL.
Now he is paying off the Fraxlend position by selling OTC at $0.4 CRV. Justin Sun has already appeared among the buyers. He bought 5 million CRVs ( screen 5).
The borrowing mechanism on this platform involves a gradual increase in fees at a liquidation risk of more than 85%. According to Delphi Digital, the current penalty is around 82%, but it will reach 10,000% in a few days.
At FRAXlend, Egorov took out a loan of $12 million in FRAX secured by $46.6 million in CRV. This loan is under threat of forced liquidation at a rate of $0.43 with a probability of 99.9%.
To avoid this, he also created a crvUSD/fFRAX pool and added a financial incentive for pool members in the form of 100,000 CRV, which will reduce the risk of liquidation of the loan, as well as delay the process, according to Delphi Digital.
โก๏ธOur Official Socials :
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๐
AiTech IDO Calendar Is Out Now!!
๐ซกGet ready for the future of tech! AI Tech will revolutionize the industry as the ultimate payment gateway for licensing Artificial Intelligence as a Service, Blockchain as a Service, and more!
Mark your calendars:
18th Aug: TrustSwap
21 Aug: Chain_GPT & Enjinstarter
22 Aug: SeedifyFund & Decubate
๐คLike & Repost: https://twitter.com/BlokHash/status/1687907326039375872?s=20
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๐ซกGet ready for the future of tech! AI Tech will revolutionize the industry as the ultimate payment gateway for licensing Artificial Intelligence as a Service, Blockchain as a Service, and more!
Mark your calendars:
18th Aug: TrustSwap
21 Aug: Chain_GPT & Enjinstarter
22 Aug: SeedifyFund & Decubate
๐คLike & Repost: https://twitter.com/BlokHash/status/1687907326039375872?s=20
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๐ฅ Elon Musk announced that his fight with Zuckerberg will be broadcast live on ๐ (Twitter).
All proceeds will go to charity.
Source : https://twitter.com/elonmusk/status/1688091377823895552?s=46&t=a1HW7baKBCeh5ilJRRKDaw
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All proceeds will go to charity.
Source : https://twitter.com/elonmusk/status/1688091377823895552?s=46&t=a1HW7baKBCeh5ilJRRKDaw
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โ๏ธ Information about Huobi's insolvency began to spread on the X
- Huobi and Tron employees were interrogated by the police.
โ There are only $90 million of liquid assets on the exchange, while users of the exchange have $631 million on their balance sheets.
- Launch of wrapped USDT (stUSDT) by Justin Sun and launch of high API staking. At the same time, most of the stUSDT is in the hands of Sun (98%).
- USDT is almost non-existent on Huobi (except wrapped in the Tron network).
- Binance learned about the possible problems of Huobi and USDT - they began to transfer USDT to DAI.
- Very suspicious balance shifts on Huobi.
Source : https://twitter.com/adamscochran/status/1687959096316542976
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- Huobi and Tron employees were interrogated by the police.
โ There are only $90 million of liquid assets on the exchange, while users of the exchange have $631 million on their balance sheets.
- Launch of wrapped USDT (stUSDT) by Justin Sun and launch of high API staking. At the same time, most of the stUSDT is in the hands of Sun (98%).
- USDT is almost non-existent on Huobi (except wrapped in the Tron network).
- Binance learned about the possible problems of Huobi and USDT - they began to transfer USDT to DAI.
- Very suspicious balance shifts on Huobi.
Source : https://twitter.com/adamscochran/status/1687959096316542976
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Blockscan Chat App Launched ๐
Etherscan launched the Blockscan Chat mobile app for messaging between web3 wallets.
https://twitter.com/etherscan/status/1688513492742189056?s=46&t=XsGoQWU3-I3dXiZv-PxcnA
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Etherscan launched the Blockscan Chat mobile app for messaging between web3 wallets.
https://twitter.com/etherscan/status/1688513492742189056?s=46&t=XsGoQWU3-I3dXiZv-PxcnA
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๐5
๐ธKryptonite IDO Launchpads Are Out
Kryptonite is a core pillar project of Sei Network. It's the premier LSD product of SEI, and has built-in functions for SEI lending and collateralized stablecoin minting โ leverage sources for this trading oriented chain.
$SEILOR will soon be listed on many exchanges with 20% TGE advantage.
Dao Maker : August 9 - 13
Wepad : 10 - 11 August
More Details : https://daomaker.com/company/kryptonite
โก๏ธOur Official Socials :
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Kryptonite is a core pillar project of Sei Network. It's the premier LSD product of SEI, and has built-in functions for SEI lending and collateralized stablecoin minting โ leverage sources for this trading oriented chain.
$SEILOR will soon be listed on many exchanges with 20% TGE advantage.
Dao Maker : August 9 - 13
Wepad : 10 - 11 August
More Details : https://daomaker.com/company/kryptonite
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๐ฌSomeone burned cryptocurrencies and NFTs worth $3.8 million
An unknown user under the pseudonym nd4.eth transferred GMX and GNS tokens for a total amount of approximately $3.6 million to a zero address intended for coin burning.
Among the NFTs burned by an unknown person are tokens from collections such as Bored Ape Yacht Club, Mutant Ape Yacht Club, and CryptoPunk (the total amount of burned NFTs was $222,000).
The same user previously burned 2,500 ETH (about $4.61 million).
More :https://twitter.com/BlokHash/status/1689951866682249217?s=20
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An unknown user under the pseudonym nd4.eth transferred GMX and GNS tokens for a total amount of approximately $3.6 million to a zero address intended for coin burning.
Among the NFTs burned by an unknown person are tokens from collections such as Bored Ape Yacht Club, Mutant Ape Yacht Club, and CryptoPunk (the total amount of burned NFTs was $222,000).
The same user previously burned 2,500 ETH (about $4.61 million).
More :https://twitter.com/BlokHash/status/1689951866682249217?s=20
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๐ฅ Sam Bankman-Fried sent back to jail
Judge Lewis Kaplan overturned the bail of former FTX CEO Sam Bankman-Fried (SBF).
The latter will remain in custody pending trial, which is scheduled for October.
More : https://twitter.com/innercitypress/status/1690061503645229056?s=20
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Judge Lewis Kaplan overturned the bail of former FTX CEO Sam Bankman-Fried (SBF).
The latter will remain in custody pending trial, which is scheduled for October.
More : https://twitter.com/innercitypress/status/1690061503645229056?s=20
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๐ฅEigenLayer announced expansion of pools on 22 Aug.
On August 22 at 7am Pacific Time, EigenLayer staking opportunities will expanded by raising the caps on Liquid Staking Tokens (LSTs), including stETH, rETH, and cbETH.
After the caps are lifted, users will be able to deposit any one of these tokens into EigenLayer. And the cap it 100k.
๐ชAirdrop Rumours : Many whales are predicting an airdrop for stakers , reason is less traffic , no sybil , only whales.
Comment down your views ๐
More Details : https://www.blog.eigenlayer.xyz/eigenlayer-announces-new-cap-increase-for-liquid-staking-tokens-lsts/
On August 22 at 7am Pacific Time, EigenLayer staking opportunities will expanded by raising the caps on Liquid Staking Tokens (LSTs), including stETH, rETH, and cbETH.
After the caps are lifted, users will be able to deposit any one of these tokens into EigenLayer. And the cap it 100k.
๐ชAirdrop Rumours : Many whales are predicting an airdrop for stakers , reason is less traffic , no sybil , only whales.
Comment down your views ๐
More Details : https://www.blog.eigenlayer.xyz/eigenlayer-announces-new-cap-increase-for-liquid-staking-tokens-lsts/
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๐ KryptoNite Moonsheet Is Here
Kryptonite finished its IDO on both the launchpad we told you earlier , now they are going to be listed as a first mover on SEI Ecosystem. Listing date is 14th August most prob.
๐ฐ Listing Details :
Price : $0.0085
Initial MC : $880,00
Ticker : $SEILOR
Upcoming AMA with Bybit : https://twitter.com/Bybit_Official/status/1690370966403325952?s=20
Like & Repost : https://twitter.com/BlokHash/status/1690456436911063040?s=20
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Kryptonite finished its IDO on both the launchpad we told you earlier , now they are going to be listed as a first mover on SEI Ecosystem. Listing date is 14th August most prob.
๐ฐ Listing Details :
Price : $0.0085
Initial MC : $880,00
Ticker : $SEILOR
Upcoming AMA with Bybit : https://twitter.com/Bybit_Official/status/1690370966403325952?s=20
Like & Repost : https://twitter.com/BlokHash/status/1690456436911063040?s=20
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BlokHash Labs Announcement
๐ KryptoNite Moonsheet Is Here Kryptonite finished its IDO on both the launchpad we told you earlier , now they are going to be listed as a first mover on SEI Ecosystem. Listing date is 14th August most prob. ๐ฐ Listing Details : Price : $0.0085 Initialโฆ
+ Listing Details Announced ๐
$SEILOR is going to be listed on 3 CEX and 2 DEX tommorow i.e 14th of Aug at 10:00 UTC
~ Bybit , MEXC ,Gate
~ PancakeSwap ,Uniswap
Official Contract Address :
- (BEP-20):
- (ERC-20):
Moonsheet : https://t.iss.one/BlokHash/1988
โก๏ธOur Official Socials :
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$SEILOR is going to be listed on 3 CEX and 2 DEX tommorow i.e 14th of Aug at 10:00 UTC
~ Bybit , MEXC ,Gate
~ PancakeSwap ,Uniswap
Official Contract Address :
- (BEP-20):
0xE29142E14E52bdFBb8108076f66f49661F10EC10- (ERC-20):
0x3e613d7F3CEb1f27Dd22a44F35343DD234c51262Moonsheet : https://t.iss.one/BlokHash/1988
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๐ฅ Simba Exchange IDO is now LIVE! ๐ฅ
We're thrilled to announce that Simba Exchange IDO is now available on not just one, but THREE incredible launchpads:
๐ฑ Seedify
๐ฎ GameFi
๐ EnjinStartter
Like & Repost : https://twitter.com/BlokHash/status/1692148770245320736?s=20
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We're thrilled to announce that Simba Exchange IDO is now available on not just one, but THREE incredible launchpads:
๐ฑ Seedify
๐ฎ GameFi
๐ EnjinStartter
Like & Repost : https://twitter.com/BlokHash/status/1692148770245320736?s=20
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๐ Arkham finds Trump's likely crypto wallet
Arkham Intelligence has reportedly found a wallet that Donald Trump may be in possession of.
"We believe he owns the wallet: 0x94845333028B1204Fbe14E1278Fd4Adde46B22ce," the statement said.
According to Arkham, Trump allegedly holds $2.79 million in ETH, $28,940 in WETH, $2,120 in MATIC, and $12.65 in USDC.
Also, the balance of the wallet matches the balance in the new financial report of the ex-president.
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Arkham Intelligence has reportedly found a wallet that Donald Trump may be in possession of.
"We believe he owns the wallet: 0x94845333028B1204Fbe14E1278Fd4Adde46B22ce," the statement said.
According to Arkham, Trump allegedly holds $2.79 million in ETH, $28,940 in WETH, $2,120 in MATIC, and $12.65 in USDC.
Also, the balance of the wallet matches the balance in the new financial report of the ex-president.
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