PayPal is launching a stablecoin named PYUSD, backed by US dollars and fully issued by Paxos Trust Co., with the aim to facilitate instant, cost-efficient transactions without a central intermediary.

Read more: https://twitter.com/cryptoBLTS/status/1688537519640412161?s=20

MakerDAO Update

- DAI holders can earn 8% yields via Spark Protocol.
- MakerDAO increases DSR rates to retain market share.
- Spark Protocol plans to be a subDAO in the future.
- Part of MakerDAO's "Endgame" roadmap

TVL increased from $58M to $276M in 2 days.

The results of the recent poll were clear. Starting from this Friday, we will be publishing a filtered list of new projects every week.

And tomorrow, we will be publishing a Bitcoin update for our monthly subscribers, along with a list of potential short-term narrative plays.

Make sure you don't miss it and join us: @cryptobullets_bot

Thanks,
The Alchemic One (TAO)

Valio (SocialFi Sector)

- Omnichain asset management platform for seamless trader-investor interaction.
- Allows portfolio managers multi-chain access, fee setting, and community fostering.
- Uses CPIT feature to prevent unauthorized transfers or pump-and-dump schemes.
- Aims to make vault manipulation costlier than potential gains.
- Supports automated exit strategies: stop-loss, take-profit, and CPIT.

Despite a 12% drop in stablecoin supply in 2023 (supply falling since mid-2022), PayPal's entrance and regulatory shifts signal a potential resurgence in adoption and oversight.

The SEC is seeking an interlocutory appeal in the Ripple Labs case, aiming to challenge the court's summary judgement order that stated certain XRP transactions were not securities offerings under SEC v. W.J. Howey Co., with proposed briefing scheduled for August 18th.

To monthly subscribers

The Bitcoin Update and The Base Chain Update with possible opportunities is online.

Don't miss opportunities and join us: @cryptobullets_bot

Free Money Opportunity

Zora Airdrop
- NFT Platform
- $60M funding (by Coinbase Ventures, Paradigm and more).

How to:
- Bridge to Zora
- Mint free NFTs
- Create NFTs
- Repeat your activities and collect interactions

Currently, the focus for many is on airdrop farming like zkSync, LayerZero, etc.
This is good for us. We get a larger share of the Zora airdrop with less effort.

Read more and follow us: https://twitter.com/cryptoBLTS/status/1689604358281781248?s=20

And TL;DR readers are already familiar with our secret tip on how you can participate in major airdrops without any effort. If you're interested react 🔥 with and we'll be sharing it again this Sunday.

U.S. CPI in 30 mins

Forecast:
- CPI y/y: 3.3%
- CPI m/m: 0.2%
- Core CPI y/y: 4.7%
- Core CPI m/m: 0.2%


Update after release:
CPI y/y: 3.2%
CPI m/m: 0.2%
Core y/y: 4.7%
Core m/m: 0.2%

One more note.
We are pleased to see in the feedback that you trust us blindly.
But PLEASE, remember one of the rules: NO FOMO decisions! We make rational decisions!

Our goal is to make this run the best of your crypto journey.
We will win together!

Thanks,
The Alchemic One (TAO)

Just in: SEC extends review of Ark's bitcoin ETF

DEFI Update

- Base mainnet is now open to the public, with 100+ dApps available.

- Ondo launched USDY, a tokenized note secured by US Treasuries and bank deposits.

- Uniswap is now live on Base.

- PancakeSwap is now live on Arbitrum.

- SpiritSwap seeks a new team to take over; without one, operations will cease on 9/1.

- Solana-based DEX Cypher has halted its protocol after a $1M exploit.

- Maple Finance opens the Cash Management pool to accredited US investors.

- Aevo launches a Telegram trading bot & introduces pre-launch token futures.

- Aave plans to invest part of its treasury in RWA through Centrifuge Prime.

- The bridge between Tenet L1 and six chains supported by LayerZero, is live.

- Trader Joe has upgraded the algorithm of Auto-Pools.

- Sushi seeks testers for Smart Pools (automate liquidity management with built-in strategies).

The new CryptoBullets TL;DR issue is now online.

This issue is again full of information that will help you make informed decisions.

As promised, we have once again shared the secret tip for participating in the biggest crypto airdrop with minimal effort.
If you're interested in taking part in major crypto airdrops, don't miss this issue.

Become part of the CryptoBullets inner circle and win with us!

Join us here: @cryptobullets_bot

Following the successful week we had last week, with a few x2-x3, we do not stop this week and present you during the week updates with opportunities.

We have a Free Money opportunity for you in this issue as well. Don't miss it.

Enjoy your Sunday.

Thanks,
The Alchemic One (TAO)

Opportunities Update

After the successful Base Update last week, a Mantle Update is coming this week.

Here are all the details you need to connect the Mantle Network:

- Network Name: Mantle
- RPC URL: https://rpc.mantle.xyz
- Chain ID: 5000
- Symbol: MNT
- Block explorer URL: https://explorer.mantle.xyz/

___

Bridge: https://bridge.mantle.xyz/

Keep in mind that you need MNT for the gas fees.