The story continues..

We will take legal actions and we urge the hackers to return the assets.

https://mobile.twitter.com/PolyNetwork2/status/1425081640049528836

💰Tron Foundation Launches $300M Fund to Invest in GameFi Projects

The Tron Foundation is launching a $300 million fund, Tron Arcade, that will invest in play-to-earn projects over the next three years.

https://www.coindesk.com/tron-foundation-launches-300m-fund-to-invest-in-gamefi-projects

Coinbase's Q2 profits top $1.6B as ETH volume surpasses BTC’s for the first time


Coinbase generated $2.23 billion of revenue for the second quarter of 2021, as Ethereum (ETH) trading volume surpassed Bitcoin (BTC) for the first time on the platform.

Coinbase posted its Q2 report on Aug. 10 and the crypto exchange’s revenue beat analyst predictions — with industry standard financial estimators Refinitiv forecasting $1.78 billion in expected revenue for the firm. Coinbase’s earnings per share came in at $3.45, compared to estimates of $2.33.

The trading platform posted a net profit of $1.6 billion in Q2, a whopping increase of 4,900% compared to the $32 million recorded in the same period in 2020.

more details can be found here

📈Long Term HODLers now own the same number of #Bitcoin as when the price was $13k

https://mobile.twitter.com/BTC_Archive/status/1425427101839208448

BREAKING‼️
All USDC staked on DAO Maker platform has just been stolen

https://news.1rj.ru/str/daomaker/316214

✅Poly Network hacker returns nearly all of the $611 million in stolen funds

The only funds the hacker hasn't returned are the $33 million in USDT that were frozen by Tether following the exploit. These can't be moved until Tether authorizes it but the company is working on it.

https://cryptonews.net/1398141/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

Juicy update for those who trade on margin

Binance Adds DF, HEGIC, TORN & TRU on Isolated Margin

Polygon acquires Hermez in $250 million deal that includes first-ever token 'merger'

❇️Ethereum scaling project Polygon has acquired Hermez Network for $250 million.
❇️The two projects are also merging their native tokens.
❇️This is the “first-ever full-blown merger of blockchain networks,” Polygon co-founder Mihailo Bjelic told The Block.

More details can be found here

Intel Discloses Stake in Coinbase, the Cryptocurrency Exchange

The chip giant Intel appears to have recently bought shares of Coinbase Global, a publicly traded exchange for cryptocurrencies including Bitcoin and Ethereum.
Intel (ticker: INTC) disclosed Friday that it owned 3,014 shares of Coinbase (COIN) as of the end of June. It didn’t disclose owning any Coinbase stock at the end of the first quarter. Coinbase shares only began to trade publicly in April through a direct listing.

More details can be found here

How will blockchain and crypto improve the lives of LGBTQ+ people? Experts answer

We live in a world where in at least 69 countries, there are national laws that criminalize same-sex relations between adults, though it’s only fair to note that this number has been decreasing over time. Emerging technologies play an important role in the process of protecting lesbian, gay, bisexual, transgender and intersex people from violence and discrimination and providing access to healthcare and financial services. Being part of the LGBTQ community myself, I witness the many positive changes that decentralized technologies can offer us as a community.

More details can be found here

❌GEODB ETH-BTC BRIDGE CONTRACT ATTACKED

GeoDB has recently faced a massive attack where hackers stole 4 million GEO tokens
According to the announcement, the hackers had targeted the ETH-BTC bridge smart contract of the project
The hackers have used Binance market to move the funds

https://cryptonews.net/1428919/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

Massive amount of USDT has been transferred to Binance

1 bil. USDT has just been minted! Again. Pump is coming 😊

📊Ethereum is most popular cryptocurrency in Singapore

Overall, Ethereum was the most popular among Singapore’s crypto holders (78%), followed by Bitcoin (69%) and Cardano (40%). However, in terms of popular cryptocurrencies by gender, the survey found that women held and traded XRP and Polkadot more than men, while USDT was more popular with men.

https://cryptonews.net/1440795/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

💸According to data taken from a website dedicated to Jed McCaleb's XRP holdings, the former Ripple CTO has slightly over 800 million left.

Over the past three weeks, he has sold 91.2 million XRP tokens.

https://cryptonews.net/1443427/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

✅BitDAO auction starts in less than an hour.

https://miso.sushi.com/auctions/upcoming

210 mln received in minutes.. That's crazy 😱

⚔Microsoft wants to use Ethereum blockchain to fight piracy

As the noscript of the research, Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns, suggests, Microsoft’s new system relies on the transparency aspect of blockchain technology. Built on the Ethereum blockchain, Argus aims to provide a trustless incentive mechanism while protecting data collected from the open anonymous population of piracy reporters.

https://cointelegraph.com/news/microsoft-wants-to-use-ethereum-blockchain-to-fight-piracy?utm_source=Telegram&utm_medium=social