🚨Daily Alpha & Highlight (21 Aug'23)🚨
Presented by 😀Layergg

• Thorchain officially launches lending feature

• Maker considers reducing DSR from 8% to 5%. Following this proposal, some whales including Justin Sun have withdrawn from the pool.

• Friendtech plans to distribute 100 million points over a 6-month beta period. Each point is expected to be worth $0.6.

• Vitalik Buterin has deposited 600 ETH into Coinbase at UTC 03:34:35.

😄View full details on Twitter
😃@Layergg @Coinkor

#Highlight

💎Highlights for the Upcoming Week💎
Presented by 😀Layergg

• $BTC - A resolution in the Grayscale-SEC lawsuit may come by the end of August. The scheduled Jackson Hole meeting this week might trigger Bitcoin's volatility.

• ETH/BTC - Bitcoin's dominance is declining. A pennant pattern is anticipated in the ETH/BTC chart.

• Friend.tech - CoinGecko has introduced a Friend.tech screener.

• $RUNE - THORChain launched its lending feature on August 21. *When lending, an amount equivalent to the loan is burned in $RUNE.

• $INJ - Injective 2.0, launched on August 17, incorporates a mechanism to burn tokens weekly.

• $FXS - A V3 launch is slated for the end of August.

• Helio Protocol - Recently secured a $10 million investment from Binance Labs. Users minting $HAY will be rewarded with the $HELIO governance token.

• EigenLayer Protocol - On August 22, they plan to increase the LSD restaking cap to 100k LSTs.

😄View on full details on Twitter

😃@Layergg @Coinkor

#Highlight #Upcoming

🚨 #VenusProtocol Exploit Recap🚨
Presented by 😀Layergg

🔸Last Oct: 2M BNB ($600M) exploit.
🔸BNB hacker: Took $150M loan w/ 900K BNB collateral.
🔸BNB short spike in June.
🔸CZ & team intervene. BNB: $220-$260.
🔸Aug 18: $BTC drop leads to $30M BNB liquidation.
🔸Market wary of potential $BNB sell-off (780K, $124M).

😄View full details on Twitter

😃@Layergg @Coinkor