tl;dr
• Tether announces the launch of a UAE-backed stablecoin pegged to the Dirham (AED), aiming to increase market liquidity and support from the UAE's pro-crypto stance.• Tron's new meme coin launchpad, SunPump, surpasses Solana's Pump.fun, driving record token launches, higher network fees, and increa...
• Tether announces the launch of a UAE-backed stablecoin pegged to the Dirham (AED), aiming to increase market liquidity and support from the UAE's pro-crypto stance.
• Tron's new meme coin launchpad, SunPump, surpasses Solana's Pump.fun, driving record token launches, higher network fees, and increased active user engagement.
• Shiba Inu launches the Shiba Eternity game on the Shibarium blockchain, next step is September 5 to holders of specific NFTs!
• McDonald's Instagram was hacked, leading to a $700,000 crypto scam involving the fraudulent GRIMACE token, reflecting ongoing risks in the crypto market.
• Binance plans to hire 1000 employees in 2024 to bolster its compliance team amidst legal scrutiny, emphasizing regulatory adherence and responding to increased law enforcement requests.
• India's WazirX crypto exchange cancels open orders following a $230 million hack, impacting token balances and resulting in a significant drop in the WazirX token's value.
• DWF Labs deposits 2 million CRV tokens on Binance, sparking sell-off concerns and increased trading volume as CRV's price trends downward with potential further decline.
• Justin Sun considers fee reductions on the TRON blockchain to significantly increase daily transactions and revenue, amid skepticism due to his controversial reputation.
~
Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-Tracker
Get the book!
Crypto Foundations for Building Multi-Generational Wealth
https://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422
Join this channel to get access to perks:
https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/join
Join Grow My Bag social media:
https://growmybag.tv/sign-up
🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.