✅🧯 #OPEN Open Custody DAO proposal to increase monthly OPEN burn approved

🇺🇸 Senator Steubenow plans to introduce a bill to his colleagues this week that would give the CFTC powers to oversee cryptocurrencies, citing urgency. theblock

🤔 #BTC Analyst C.Q.: The recent outflow of 35,486 BTC from BitMEX should not be ignored. Historically, such events on BitMEX are predictable signals that precede Bitcoin price increases.

📊 Currently, the average transaction fee for #BTC is $0.40 compared to $0.68 for #ETH.

📊 Currently, the average transaction fee for #BTC is $0.40 compared to $0.68 for #ETH

💰Tread.fi, an algorithmic cryptocurrency trading platform founded by a former Morgan Stanley employee, has raised $3.5 million in a pre-seed funding round. theblock

📈 #DEGEN Farcaster breaks the record for user engagement last week - more than 73,700 unique streamers.
The protocol also generated 611.03 ETH in revenue.

🤝👀 #TON Foundation, Sign and #1INCH launched the Triangle startup accelerator to improve the Telegram and TON ecosystems. theblock

🇩🇪👀 #BTC Arkham: German government today transferred 10,853.5 BTC ($637.66 million) to exchanges and market makers.
Since June 19, they have transferred a total of 36,748.4 BTC (>$2.1 billion). They currently have 13,110 BTC ($756 million) in their account.

🤔 #BTC It's not the country of Germany that's been selling millions of dollars worth of bitcoin, but a small German state called Saxony.

The state confiscated almost 50,000 BTC in January and has been selling its holdings as per standard practice for assets seized during criminal investigations, an expert said. coindesk

Germany is not the only one, Bulgaria may also start selling off its bitcoins.

In May 2017, as part of an aggressive effort to combat corruption and fraud, Bulgarian authorities seized 213,519 BTC of digital currency. At the time of the seizure, the value of all coins equaled $500 million.

🔄 #BASE held update Fjord

🔝 Top 15 SocialFi Projects by 30D Active Users

UXLINK leads with 4.09 million users, followed by Layer 3, KGeN and Chingari

🇲🇾⛏ Protos: The Malaysian government has revealed that illegal cryptocurrency miners stole $722 million worth of electricity between 2018 and 2023.
The Malaysian government has made it a priority to stop miners from stealing electricity.

📈 #TRX The number of transactions on the Tron network has been trending higher since the start of 2024. Currently, the network processes an average of 6.75 million transactions per day.

📊 #XRP Ripple was included in the ranking of the World’s Top Fintech Companies in 2024, from CNBC and Statista. source

🔝 Top 15 Cross-Chain Bridges by volume in the last 30 days #ACX #STG #ZK

A cross-chain bridge is a type of decentralized application that enables the transfer of assets from one blockchain to another

🇩🇪👀 #BTC The German government is withdrawing BTC from exchanges again

📊 Santiment: #USDT on BNB Chain has the highest level of addressable activity over the past month among other networks

⛓ #ETH ecosystem had nearly 700 million transactions in the Q2 2024. report

The future issuer of the spot Ethereum-ETF, Bitwise, called this figure "700 million reasons why people are looking at Ethereum"

🔝 Top 10 CEX by inflows in Q2 2024