Base, Coinbase's layer-2 network, hit 4 million active addresses last week, spurred by its "Onchain Summer" campaign.

The initiative, running from June to August 2024, has allocated $2 million in $ETH to reward developers building on the blockchain.

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The market is looking green 👀

What are your predictions for this week?

Share in the comments!

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SAYLOR: 💰 “When I’M GONE, my stock, my shares, my assets flow into a public charity whose mission is to support ₿itcoin and the adoption of ₿itcoin FOREVER.” 🔥

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⚡️ Binance and its former CEO, Changpeng "CZ" Zhao, are facing a class-action lawsuit from three investors who claim the exchange facilitated the laundering of stolen crypto, preventing them from recovering their assets.

The lawsuit could challenge the reliability of blockchain analytics and on-chain asset recovery if it progresses.

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🇦🇪 🟢 Tether plans to launch a stablecoin pegged to the UAE dirham in collaboration with Phoenix Group PLC and Green Acorn Investments, aiming to enhance international trade and remittances.

The new stablecoin will be fully backed by UAE-based reserves and provide users with a cost-effective method for accessing AED benefits.

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💲 Global liquidity rose to $174.67 trillion, a new all-time high

The figure has grown by $1.13 trillion in the past week alone

💡Global liquidity is the total amount of money circulating in the global financial system, including cash, bank deposits, money market mutual funds, and other assets close to money.

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NEW: 💰 BlackRock’s #Bitcoin ETF now has the third largest YTD flows among all Global ETFs 👀

Bitcoin has shaken up the Wall St.

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🤓SOL McDonald's Instagram account hacked to promote GRIMACE meme coin on the Solana blockchain – Wu Blockchain

•The Twitter account of McDonald's marketing director was likely hacked as well. Both posts promoting the token have been deleted.

•The attackers managed to earn $700,000 in a short time.

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👥 Binance is set to hire 1,000 new employees this year, with 20% focused on compliance, increasing its compliance team to 700 by the end of 2024.

This move follows Binance's $200 million annual spend on regulatory compliance. CEO Richard Teng emphasized Binance's commitment to security, noting a rise in law enforcement requests and recent successes in recovering stolen funds.

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🇺🇸 Bitcoin futures open interest surged by $1.3 billion following the release of the U.S. Federal Reserve's July meeting minutes, which suggested a possible rate cut in September.

This increase in open interest indicates growing trader confidence in Bitcoin's price movement, though opinions remain divided on whether prices will rise or fall.

What's your prediction?

👍 - Price will go UP
🌚 - Price will go DOWN

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🇺🇸 Spot Ethereum ETFs in the U.S. have experienced a significant outflow, losing $92.2 million over five days, marking their longest streak of outflows since their July 23 launch.

In contrast, Bitcoin ETFs have continued to attract investments, maintaining a positive net flow despite large outflows from the Grayscale Bitcoin Trust.

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NEW: 🇨🇼 Bitcoin faucet at the Eden Mall in Curaçao gives out 10,000 free sats every hour from 10am - 7pm

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NEW: 💰 Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August 📈

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🤔 The Bitcoin network saw a sharp spike in the amount of fees collected (from 0.5 BTC to 60 BTC per hour)!

•This was due to transactions sending BTC to stake in the new Babylon protocol

•The total staking size was limited to 1,000 BTC, which created a temporary rush. Each staking transaction cost users about 0.05 BTC

•Once the staking limit was reached, fees and transactions began to return to normal

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🥇 Bitcoin explained in 23 seconds 🤯

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🚨 BREAKING 🚨

RFK Jr. has officially withdrawn. Trump is now leading on Polymarket, with Kennedy’s upcoming address in Arizona sparking speculation about his next move.

What could this mean for the future of the election?

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🤓Cardano Returns to Top 10 Largest Cryptocurrencies

Over the past week, the ADA token has grown in price by 15% and once again surpassed TRX in terms of capitalization, which briefly became the leader amid the excitement around the SunPump platform.

However, the daily trading volume on the exchanges monitored by Coinmarketcap is three times higher for TRX than for ADA.

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⚡ Bitcoin just surpassed $62K, will we see $63K? 👀📈

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NEW: 💰 Michael Saylor explains how #Bitcoin is the only form of clean money we have.

“0.1% of the economy has clean money and 99.9% of the economy runs on dirty toxic assets.”

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