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The official TON development group on Telegram announced that it would be discontinuing its support of the test network for TON. Remaining TON validators will be turned off by August 1. In the post, the TON official recommended network participants save all their relevant data and stop their testing processes.

More info: https://bit.ly/2Z82nXv
Compound (COMP) emerged as the largest DeFi token by market cap after it was listed on June 16, rallying by more than 60% in a few hours. According to Dapp .com, the number of daily DeFi DApp users on ETH saw a corresponding rise, from 7,682 on June 15 to 11,230 immediately after its release, an increase of 48%.

More info: https://bit.ly/31T60Cu
Binance will list Swipe (SXP) and open trading for SXP/BTC, SXP/BNB and SXP/BUSD trading pairs at 2020/07/07 2:00 PM (UTC).

More info: https://bit.ly/3e9fpIp
The Ontology Network will on July 7, 2020 upgrade and drastically improve its governance and staking economic model.

More info: https://bit.ly/3izvqLj
Ethereum has long flipped bitcoin in transaction numbers. Now dapps and defi may do too with 127,000 transactions performed within 24 hours on Friday.

Today so far it stands at 101,000 transactions according to data from State of the Dapps.

Meaning just dapps on ethereum are handling about 1/3rd of bitcoin’s usual 300,000 transactions a day and often are verging on 50% of bitcoin volumes.

More info: https://bit.ly/3ixKQzD
The OCEAN/USDT trading will open at GMT 04:00, July 8th on Gate .io.

More info: https://bit.ly/3e9Febd
The DOGE price corrected 34 percent in the span of 41 minutes before TikTokers came to the rescue.

Barstool Sports blogger and self-proclaimed ‘Vape God’ Tommy Smokes claims that he could turn his $850 into $850,000.

The participants of the “DogecoinTikTokChallange” do not plan to cash out until Dogecoin hits $1.

More info: https://bit.ly/2CccYaT
Xiao Gang, former chair of the China Securities Regulatory Commission, said the country is facing a digital economy transformation and needs to embrace the right regulations for the fast growing crypto market.

More info: https://bit.ly/2ZM1piF
Cryptocurrency exchange Kraken has added The MDV Bank to its funding options for U.S.-based customers.

More info: https://bit.ly/3f8LNMI
Tron CEO Justin Sun is looking to replicate Dogecoin’s TikTok success.

More info: https://bit.ly/2CkbGKF
Through the new collaboration, Chainlink’s oracle system will be integrated into Nexo’s lending and trading operations, helping to improve its security and efficiency.

More info: https://bit.ly/2ZK1vqQ
Binance has enabled Isolated Margin trading for the following asset and trading pairs: COMP, NULS, LRC, LEND.

More info: https://bit.ly/38GX5oX
Binance will list Synthetix (SNX) and open trading for SNX/BTC, SNX/BNB, SNX/BUSD and SNX/USDT trading pairs at 2020/07/09 12:00 PM (UTC).

More info: https://bit.ly/3iMTWbG
Theta Mainnet 2.0 now has 1,200 Guardian Nodes staked in just the first 5 weeks of staking! (+ the 12 Validators).

More info: https://bit.ly/32bxnYD
Matic (MATIC), a Layer 2 scaling solution announced it would launch “Large Scale Developer Initiatives” in collaboration with Gitcoin to foster mainnet adoption.

More info: https://bit.ly/38DBhKU
OKEx announced that DOGE Margin Trading, Savings and USDT-margined perpetual swap is officially live on the OKEx website and API from 03:00 July 10, 2020 (UTC).

More info: https://bit.ly/2ZSb9YN
UC Berkeley professor Barry Eichengreen argues that Facebook’s planned Libra stablecoin faces too many “insoluble” problems, and too much resistance from governments, to ever launch.

“Libra is an interesting idea that will never see the light of day,”

More info: https://bit.ly/3gGwIlR
Coinbase revealed its plans to hold a virtual Investor day on August 14. The announcement came after there appeared rumors that the crypto exchange may go for an IPO this or next year.

More info: https://bit.ly/2ZUHYEu
The Bank of Lithuania is set to issue LBCOIN on July 23. LBCOIN is a blockchain-based digital collector coin built on NEM blockchain. It is not a central bank digital currency.

More info: https://bit.ly/38NrYrJ
COSS this week announced the launch of the COSS Decentralised Exchange.

COSS DEX will provide cross-chain trading, deep liquidity, fast trade execution, and settlement, and enable trading for its own COS token.

50% of trading fees generated on the COSS DEX will also be shared with COS token holders as staking rewards entitlement.

More info: https://bit.ly/38JlrOJ