🚨 #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

🚨Daily Alpha & #Highlight (22 Aug'23)🚨
Presented by 😀Layergg

• Thorchain's Lending RUNE Burnt increased by -232k in just 8 hours, marking a 1.5x rise. Concurrently, $RUNE's price surged by 10%, moving from $1.6 to $1.75.

• $WAVE is a Russian narrative. The correlation with events, like the US Embassy in Belarus issuing an immediate departure recommendation for all American citizens residing in Belarus, is significant.

• Maker's DAI market cap expanded from 4B to 5B in a single day. The ESDR is set to adjust from 8% to 5%, and an upcoming $SPK airdrop is announced.

• SocialFi is gaining momentum, influenced by the Friend.tech app. As a result, $CYBER, newly listed on Binance, saw a 20% spike within 8 hours. Listed on the Upbit BTC market.

• Base Chain's TVL broke through the 250M mark, showing a clear correlation between the growth of Base Chain and the price dynamics of $OP.

• BNB is entangled with the Venus Protocol hacking incident. Its major support level at $220 collapsed. A potential dip below $200 could have significant ramifications for the market.

😄View full details on Twitter

😃@Layergg @Coinkor

#Highlight

🪂 5-Minute Airdrop Guide #friendtech
Presented by 😀Layergg

Crypto VC Paradigm has invested in Friend.tech, which holds a high probability of becoming the next #BLUR.

🔹Blur : $10,000~$100,000 (1 Point = $0.7)
🔹Arkham : $10,000~$50,000 (1 Point = $0.7)
🔹Friendtech : 💎

Cost - $20
Potential gain - $500~$1,000

😄 View Must-Know Tip on Twitter

😃@Layergg @Coinkor
#5minute #Airdrop

📝THORchain Lending

🔹What is THOR Lending?
Thorchain ($RUNE) launched Thor Lending on August 21.
Lending with no liquidation, no maturity, no interest. Until now 284k $RUNE is burned

🔹THOR Lending Structure
Wen Lending
Wen lending, THOR using collateral to burn $RUNE, thus the benefits are collective among all $RUNE holders.

Wen Redemption
Conversely, wen repayment, $RUNE is issued, so the liability is shared by all $RUNE holders.

🔹Wen Deflationary?
When mint $RUNE ≤ burn $RUNE, $RUNE must outperform $BTC to establish deflation.

The deferences from LUNA is on the tweet...
Full Notion article(EN)

#Research #RUNE

🚨What happened in #CRV in the last 24h?🚨
Presented by 😀Layergg

🔹3 days ago, DWF Labs showcased a significant move with their $CRV holdings on Binance.

• On the 1st of August, they executed an OTC deal, spending 5M to acquire a total of 12.5M CRV. This deal was made directly with the founder of #Curve, setting the CRV price at $0.4 each.

• 3 days ago, DWF Labs transferred 2M CRV (equivalent to about $1M) to Binance.

• 1 hours ago, According to Andrei Grachev (@ag_dwf) of DWF Labs, the reason for this transfer to Binance was not for selling but for trading purposes.

• The renowned Twitter influencer Hsaka anticipates a decline in the value of $CRV to $0.4.

😄 View details on Twitter

😃@Layergg @Coinkor
#CRV

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

•Grayscale-SEC lawsuit verdict postponed

•dydx Wintermute's governance proposal to adopt $DYDX as the primary L1 token

•StarkNet token release rumors surfacing

•Radiant Capital confirms Ethereum Mainnet launch date

•Akash Network undergoing significant upgrade

•The last five days have seen Bitcoin and Ethereum steadily draining from exchanges (BTC 16K, ETH 200K)

😄View full details on Twitter

😃@Layergg @Coinkor

🔥Must-Watch Projects Backed by Binance Labs

Binance Labs has backed almost 200 projects. With so many to choose from, which ones should you keep an eye on? Those with massive communities often hint at potential airdrops.

- Fusionist
- Tabi
- AltLayer
- PolyhedraZK

👉Read the thread

😃@Layergg @Coinkor
#BinanceLabs