- Nansen reports sluggish demand for Paypal’s $PYUSD
- Robinhood is third-largest $BTC holder with $3B $BTC
- South Korean crypto exchanges will be required to set aside $2.3M in reserves starting September
- Asia’s richest man, Mukesh Ambani’s firm will venture into blockchains and CBDCs with BlackRock as a partner
- Hashdex applies for spot $BTC ETF
🔄 DeFi Updates
- Mantle DAO is discussing allocating $60M USD, 30k $ETH and 120M $MNT from its treasury to enhance liquidity for Mantle Network applications
- Balancer exploited for $900k
- Pepecoin blames rogue developers for stolen $15M $PEPE
- MakerDAO faces $1.84M loan default and potential $2.7M liquidation of largest borrower
- Mantle DAO is discussing a collaboration with Redacted by staking 50k $ETH into $pxETH to bootstrap DEX liquidity across Mantle
- Optimism will experience 5 min downtime as they undergo upgrade on Aug 29th
- Shibarium bridge is now fully functional
- 1inch investment wallet has bought $10M $ETH
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An Ape_s Prologue Weekend Update (August 28th)
🗞 News
- Nansen reports sluggish demand for Paypal’s $PYUSD
- Robinhood is third-largest $BTC holder with $3B $BTC
- South Korean crypto exchanges will be required to set aside $2.3M in reserves starting September
- Asia’s richest man, Mukesh Ambani’s firm will venture into blockchains and CBDCs with BlackRock as a partner
- Hashdex applies for spot $BTC ETF
🔄 DeFi Updates
- Mantle DAO is discussing allocating $60M USD, 30k $ETH and 120M $MNT from its treasury to enhance liquidity for Mantle Network applications
- Balancer exploited for $900k
- Pepecoin blames rogue developers for stolen $15M $PEPE
- MakerDAO faces $1.84M loan default and potential $2.7M liquidation of largest borrower
- Mantle DAO is discussing a collaboration with Redacted by staking 50k $ETH into $pxETH to bootstrap DEX liquidity across Mantle
- Optimism will experience 5 min downtime as they undergo upgrade on Aug 29th
- Shibarium bridge is now fully functional
- 1inch investment wallet has bought $10M $ETH