TLDR Tron’s new meme coin Sundog (SUNDOG) has surged since its August 15 launch, reaching a market cap of $126 million. Justin Sun introduced SunPump, a token generator platform positioned as a competitor to Solana’s Pump.Fun. Over 11,000 tokens have been created on the SunPump launchpad since its launch. Tron allocated $10 million to a…
TLDR Google has developed a bioacoustic foundation model called Health Acoustic Representations (HeAR) to help detect diseases through sound analysis. HeAR was trained on 300 million pieces of audio data, including 100 million cough sounds. Salcit Technologies, an India-based company, is using HeAR in their Swaasa app to analyze cough sounds for early detection of…
TLDR A malicious Chrome extension called “Bull Checker” has been targeting Solana users, draining their wallets. The extension can bypass Solana’s drainer checks and appears normal during transaction simulations. Bull Checker asks for “read and write” permissions, which is a red flag for a wallet-checking extension. The extension was advertised on Reddit, targeting Solana memecoin…
TLDR Billionaire Democratic donor Ron Conway has split from the crypto-aligned super PAC Fairshake. The split occurred after Fairshake pledged $12 million to back Republican Bernie Moreno against Democratic Senator Sherrod Brown in Ohio. Conway, who donated $500,000 to Fairshake, was not informed of this decision beforehand. Conway criticized the move as “short-sighted and stupid,”…
TLDR An unknown crypto whale has accumulated 1,953 Wrapped Bitcoin (WBTC) worth $118 million in the past week. This accumulation comes amid controversy surrounding WBTC’s ownership structure after BitGo announced plans to transfer control. MakerDAO and Aave have taken steps to limit or replace WBTC usage on their platforms due to these concerns. Wintermute, a…
TLDR China has officially recognized “virtual asset” transactions as a method of money laundering in its revised anti-money laundering (AML) laws. The new regulations, effective August 21, 2024, set specific thresholds for serious offenses and introduce hefty fines and potential prison sentences for violators. This marks the first major update to China’s AML framework since…
PRESS RELEASE. 1xBit, an online gambling website, welcomes all crypto users and gambling fans to multiply their winnings in 2024. In August we have a lot of exciting events to look forward to: the finals of the eSports World Cup, the start of the 24/25 season for European soccer leagues, the Champions League, and the…
Orderly Network is a DeFi platform that combines an orderbook-based trading infrastructure with a robust liquidity layer. Unlike traditional exchanges, Orderly operates as a backend infrastructure, enabling developers and businesses to build powerful trading applications without starting from scratch. Its key innovation lies in merging the high performance of centralized exchanges with the principles of…
Bangkok, Thailand, August 19th, 2024, Chainwire INFINIT, the first-of-its-kind DeFi abstraction layer, today announces that it will soon open dApp creation to all, allowing anyone to build and customize DeFi applications in a matter of minutes. INFINIT is a DeFi infrastructure that abstracts away complexities to launch and scale decentralized finance applications across any integrated…
TL;DR XRP’s valuation surged by 8% and briefly exceeded $0.61. Its rally coincides with the emergence of a “Golden Cross” on its price chart and the uptick of the entire cryptocurrency market. XRP on the Run Ripple’s XRP has been among the top-performing cryptocurrencies in the past 24 hours, with its price rising by 8%…