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πŸ”” North Korean hackers used an unknown bug in Chrome to steal cryptocurrencies

πŸ‘‰ https://techcrunch.com/2024/08/30/north-korean-hackers-exploited-chrome-zero-day-to-steal-crypto/
πŸ”” Coinbase recently completed the first crypto transaction managed entirely by an Artificial Intelligence bot.

πŸ‘‰ Source

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πŸ”” ​​Decentralized exchange aggregator ODOS closed Series A funding round from CE Innovation Capital (CEIC), Uniswap DAO, Curved Ventures, Orbs, Mantle Network, PAKA. Amount raised is not disclosed.

πŸ‘‰ ​​https://x.com/odosprotocol/status/1829567769131770055?t=ZFi_vp1nePP4_5vlF1HeUg&s=19
πŸ”” ​​Web3 casual strategy card game Legend of Arcadia raised $4M in a Seed funding round from Animoca Brands, OKX Ventures (ex OKEx Blockdream Ventures), Arche Fund (Coin98 Ventures), Selini Capital.

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πŸ”” Yuga Labs CEO said that the Workshop team has been launched, hoping to learn from Coinbase's Base chain and focus on building innovative ApeChain products. Workshop will soon launch the first batch of products on ApeChain, and the mainnet release of ApeChain may be coming soon.

πŸ‘‰ https://x.com/CryptoGarga/status/1829549021129511075?s=19
πŸ”” Pump.fun Hits $100 Million in Revenue as Polymarket Leads Over NFTs in August

➑️ The crypto platforms Pump.fun and Polymarket have surged in popularity, each built on speculation. Pump.fun, a memecoin launchpad, hit $100 million in revenue but recently saw a dip, raising sustainability concerns. Polymarket, a prediction marketplace, continues to thrive by encouraging informed trading.

πŸ‘‰
https://www.theblock.co/post/314054/pump-fun-surpasses-100-million-in-revenue-as-polymarket-outshines-nfts-in-august
πŸ”” Binance previously announced that it has completed the Frontier (FRONT) token swap and rebranding to Self Chain (SLF).

➑️ The community criticized that the total token supply increased from 90 million to 360 million, and 1 FRONT = 1 SLF was still retained. The value held by users was diluted by 75% relative to the total supply.

πŸ‘‰ https://www.binance.com/en/support/announcement/binance-has-completed-the-frontier-front-token-swap-and-rebranding-to-self-chain-slf-65f69bc68ca64182b6df3d958f14f38e?hl=en
πŸ”” JUST IN: Amazon Prime Video X Account Possibly Hacked, Promotes $PRIME Solana Token

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10 times factor improvements are in MultiversX's DNA.

From 6s to blocks ticking faster than a regular clock, the prevailing outlook on how blockchains disrupt business models or invent new ones will no longer come from linear thinking.

Weekly #multiversxtech πŸ› 

https://x.com/ccorcov/status/1832851511971320118
πŸ”” Binance CEO Richard Teng confirms CZ is banned from managing or operating the exchange

➑️ Richard Teng confirmed that CZ was given a lifetime ban from managing the platform, which was a key part of the agreement between Binance and US authorities.

➑️ Teng also mentioned that despite stepping down as CEO, CZ remains Binance's largest shareholder. This allows him to still influence certain company decisions, such as proposing management changes or appointing new board members.

πŸ‘‰ https://www.cryptotimes.io/2024/09/06/changpeng-zhao-banned-for-life-from-binance-leadership/
πŸ”” USDT issuer Tether has acquired a 9.8% stake in Latin American agricultural giant Adecoagro for $100 million to diversify its investments into the agriculture and food sectors.

➑️ Adecoagro is a major milk producer in Argentina and manages more than 193,000 hectares of sugarcane crops in Brazil, producing refined sugar and ethanol.

πŸ‘‰ https://www.sec.gov/Archives/edgar/data/1499505/000110465924090580/tm2421820d1_sc13d.htm
πŸ”” Binance released the 22nd proof of reserves (snapshot date September 1).

➑️ The user's BTC assets are 605k, down 1.27% from the last time; the user's ETH assets are 4.486 million, down 4.58% from the last time, a decrease of 215k ETH; the user's USDT assets are 22.11 billion, up 4.34% from the last time, an increase of 919 million USDT.

πŸ‘‰ https://www.binance.com/en/proof-of-reserves
πŸ”” Binance subsidiary Tokocrypto announced that it has obtained a physical crypto asset dealer license issued by Indonesia's Commodity Futures Trading Regulatory Authority, becoming the third exchange in Indonesia to obtain a PFAK license. Tokocrypto's user base has exceeded 4.5 million this year.

πŸ‘‰ https://www.binance.com/en/blog/regulation/tokocryptos-pfak-license-a-major-milestone-for-binance-subsidiary-and-indonesias-crypto-industry-2296151690731688790?hl=en
πŸ”” Bybit released the 14th proof of reserve (snapshot date September 4). The user's BTC assets are deposited at 49k, an increase of 2.15% from the last time (August 8), an increase of 1,033 BTC; the user's ETH assets are deposited at 352k, an increase of 3.07%; the user's USDT assets are deposited at 3.12 billion, a decrease of 1.47% from the last time.

πŸ‘‰ https://www.bybit.com/app/user/proof-of-reserve
πŸ”” Ethereum LRT protocol Ether fi announced that it will launch a crypto Visa credit card Cash on Scroll Network. Ether fi Cash allows users to use fiat currency while using crypto assets as collateral, and can hold cryptocurrencies and earn interest on daily purchases. The card is currently in use within Ether fi and will begin shipping to pre-order customers on September 16.

πŸ‘‰ https://www.ether.fi/
πŸ”” Sony’s Ethereum layer-2 project, Soneium, is set to launch a Japanese Yen stablecoin in partnership with Sony Bank.

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πŸ”” a16z Crypto announced the 21 startups to join Crypto Startup Accelerator (CSX) Fall 2024 cohort, including Anera Labs, Banyan, Blocksense, Cork Protocol, Fermah, Future Primitive, MeshMap, Term Labs, zkSpin and more. a16z CSX invests a minimum of $500,000 in each company that’s accepted.

πŸ‘‰ https://a16zcrypto.com/posts/article/announcing-the-csx-fall-2024-cohort/
πŸ”” According to Lookonchain, Metalpha, a Hong Kong asset management company affiliated with Bitmain, has deposited another 10,000 Ethereum worth about $23.45 million to Binance today. In the past 4d, Metalpha has deposited a total of 33,589 Ethereum worth about $77.55 million to Binance. Currently, Metalpha still holds 51,300 Ethereum worth about $120 million.

πŸ‘‰ https://x.com/lookonchain/status/1833334908951138557?t=w0NtOQc5qXd5NIZtJVRFpg&s=19
πŸ”” Singapore police are investigating seven individuals suspected of providing Worldcoin accounts and token trading services, and have arrested five people. Three men are suspected of recruiting people to create Worldcoin accounts on behalf of multiple entities, and then controlling these accounts and tokens in exchange for cash.

πŸ‘‰ https://cryptonews.com/news/singapore-worldcoin-account-sales-investigation/
πŸ”” Catizen, a TON mini-game invested by Binance, claims to have 34 million users in the six months since its launch and to be ranked first in revenue among all Telegram applications, with 800,000 paying users and an ARPPU of $33. The above data may be mainly driven by the volume of airdrops.

πŸ‘‰ https://x.com/CatizenAI/status/1832443610450817242?t=AVmjqA5Sc3wybEq7IU0x1g&s=19
πŸ”” FriendTech, the Web3 social network which surged in activity one year ago, has been effectively shuttered after its developers renounced control over its smart contracts. A revival of the platform now seems unlikely as the contract ownership revocation prevents its takeover by a new team interested in adding features to the social platform.

πŸ‘‰ https://www.theblock.co/post/315172/friend-tech-team-renounces-control-of-smart-contracts-following-stagnant-growth