🗞 CryptoNews of the Day 🗞

Coinbase Opts Out of Artificial Superintelligence Alliance $7.5B Token Merger: Coinbase will not participate in the upcoming $7.5 billion token migration of the Artificial Superintelligence Alliance (ASI).

👉Details: https://coinmarketcap.com/academy/article/coinbase-opts-out-of-artificial-superintelligence-alliance-dollar75b-token-merger

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Coinbase Opts Out of Artificial Superintelligence Alliance $7.5B Token Merger

Coinbase will not participate in the upcoming $7.5 billion token migration of the Artificial Superintelligence Alliance (ASI).

🗞 CryptoNews of the Day 🗞

Zeta Markets' Airdrop Outperforms Expectations, Surging to $30M in Value: Zeta Markets, a Solana-based decentralized exchange (DEX) known for facilitating on-chain perpetuals trading, launched an airdrop on Thursday, distributing 100 million ZEX tokens.

👉Details: https://coinmarketcap.com/academy/article/zeta-markets-airdrop-outperforms-expectations-surging-to-dollar30m-in-value

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Zeta Markets' Airdrop Outperforms Expectations, Surging to $30M in Value

Zeta Markets, a Solana-based decentralized exchange (DEX) known for facilitating on-chain perpetuals trading, launched an airdrop on Thursday, distributing 100 million ZEX tokens.

🗞 CryptoNews of the Day 🗞

Bitcoin Miner CleanSpark to Acquire Griid Infrastructure in $155 Million Deal: Bitcoin miner CleanSpark announced its plan to merge with Griid Infrastructure, acquiring all of the mining firm's common shares in a deal worth $155 million.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-miner-cleanspark-to-acquire-griid-infrastructure-in-dollar155-million-deal

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Bitcoin Miner CleanSpark to Acquire Griid Infrastructure in $155 Million Deal

Bitcoin miner CleanSpark announced its plan to merge with Griid Infrastructure, acquiring all of the mining firm's common shares in a deal worth $155 million.

🗞 CryptoNews of the Day 🗞

Crypto Hacks and Frauds Surge to $509M Q2, Immunefi Reports: Web3 bug bounty platform Immunefi has revealed that the cryptocurrency industry lost an estimated $509 million to hacks and fraud in the second quarter of 2024.

👉Details: https://coinmarketcap.com/academy/article/crypto-hacks-and-frauds-surge-to-dollar509m-q2-immunefi-reports

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Crypto Hacks and Frauds Surge to $509M Q2, Immunefi Reports

Web3 bug bounty platform Immunefi has revealed that the cryptocurrency industry lost an estimated $509 million to hacks and fraud in the second quarter of 2024.

🗞 CryptoNews of the Day 🗞

New US President, SEC Could Pave Way for Approval of Spot Solana ETF, Bloomberg ETF Analyst Says: The launch of a spot Solana (SOL) exchange-traded fund (ETF) in the United States might depend on a shift in administration and changes in the leadership.

👉Details: https://coinmarketcap.com/academy/article/new-us-president-sec-could-pave-way-for-approval-of-spot-solana-etf-bloomberg-etf-analyst-says

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New US President, SEC Could Pave Way for Approval of Spot Solana ETF, Bloomberg ETF Analyst Says

The launch of a spot Solana (SOL) exchange-traded fund (ETF) in the United States might depend on a shift in administration and changes in the leadership.

🗞 CryptoNews of the Day 🗞

TON-Based Notcoin Announce 210M Token Burn Worth $3M, NOT Surges 16%: The Telegram-based cryptocurrency Notcoin (NOT) announced a major token burn, eliminating 210 million NOT tokens valued at $3 million in a single day.

👉Details: https://coinmarketcap.com/academy/article/ton-based-notcoin-announce-210m-token-burn-worth-dollar3m-not-surges-16percent

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TON-Based Notcoin Announce 210M Token Burn Worth $3M, NOT Surges 16%

The Telegram-based cryptocurrency Notcoin (NOT) announced a major token burn, eliminating 210 million NOT tokens valued at $3 million in a single day.

🗞 CryptoNews of the Day 🗞

Pantera Capital Launches New Fund for Toncoin Investment: Crypto venture capital firm Pantera Capital is raising funds for a new investment vehicle named the "Pantera TON Investment Opportunity."

👉Details: https://coinmarketcap.com/academy/article/pantera-capital-launches-new-fund-for-toncoin-investment

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Pantera Capital Launches New Fund for Toncoin Investment

Crypto venture capital firm Pantera Capital is raising funds for a new investment vehicle named the "Pantera TON Investment Opportunity."

Exciting News 📢****

CoinMarketCap's data becomes more accurate

With our new ‘Rehypothecated Ranking Page’ 🔎

A dedicated ranking page to track (wrapped, staked, & restaked) coins/tokens 🔥

The new ‘Rehypothecated Ranking Page’ solves two major problems:

🔹 Repetition: Multiple versions of the same asset (ie. stETH, rsETH, and rETH) clutters rankings and makes browsing difficult.

🔹 Double-Counting: Without proper management of wrapped/restaked assets, market cap figures risk inflation, leading to inaccurate market assessments.

👉 Details: https://coinmarketcap.com/academy/article/cmc-data-becomes-more-accurate

CoinMarketCap Academy

CMC Data Becomes More Accurate: The New Dedicated ‘Rehypothecated (Wrapped/Restaked)’ Ranking Page Is Here!

The crypto landscape has evolved rapidly. Wrapped and restaked assets are a major part of this space, but they come with their own set of challenges.

🗞 CryptoNews of the Day 🗞

MakerDAO Governance Delegate Loses $11 Million in Phishing Scam: A MakerDAO governance delegate has lost $11 million worth of Aave Ethereum Maker (aEthMKR) and Pendle USDe tokens due to a phishing scam.

👉Details: https://coinmarketcap.com/academy/article/makerdao-governance-delegate-loses-dollar11-million-in-phishing-scam

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MakerDAO Governance Delegate Loses $11 Million in Phishing Scam

A MakerDAO governance delegate has lost $11 million worth of Aave Ethereum Maker (aEthMKR) and Pendle USDe tokens due to a phishing scam.

🗞 CryptoNews of the Day 🗞

Circle Expands Web3 Services to Solana Blockchain, Introducing Programmable Wallets and Gas Stations: Circle, the digital asset firm and issuer of USDC, is extending its Web3 services to the Solana blockchain, introducing features such as programmable wallets and gas stations.

👉Details: https://coinmarketcap.com/academy/article/circle-expands-web3-services-to-solana-blockchain-introducing-programmable-wallets-and-gas-stations

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Circle Expands Web3 Services to Solana Blockchain, Introducing Programmable Wallets and Gas Stations

Circle, the digital asset firm and issuer of USDC, is extending its Web3 services to the Solana blockchain, introducing features such as programmable wallets and gas stations.