Binance CEO Plans 100-Year Strategy & McDonald's Instagram Hacked to Promote Memecoin 'Grimace'!

GM anon ☕🐺

In today’s Alpha Bytes👇

The new Binance CEO sees no need for an IPO as he plots a 100-year strategy for crypto exchanges. McDonald's Instagram account seemingly hacked to promote Solana token 'Grimace'. Harris aide suggests VP will support policies for crypto industry growth. BlackRock’s iShares Ethereum Trust approaches $1B in net inflows. Meanwhile, Bitcoin miner Bitfarm is to acquire Stronghold Digital in a $175M equity and debt deal.

BTC $60,814 (+1.87%), ETH $2,625 (+0.83%), SOL $142.52 (-0.64%)

Crypto News 📰

• Republican Sen. Tim Scott floats creating digital asset-focused panel if he chairs Senate Banking Committee

• Prometheum labels UNI, ARB securities in custody expansion

• NBA All-Star Jimmy Butler and Ben 'BitBoy' Armstrong agree to settle Binance related class action lawsuit

• Bitcoin trades flat following lower US jobs growth revision

• Terraform Labs bankruptcy reorganization hearing set for September

• Execs at crypto-friendly Evolve Bank leave amid regulatory crackdown

• Ryan Salame seeks to void guilty plea, says fed didn’t keep promise

• CoinGecko warns of scammers promoting fake GECKO airdrops

• Over 800K servers at risk due to new cryptojacking malware exploiting PostgreSQL

• UK-based Copper adds custody, staking support for MINA

• Finnish broker Coinmotion expands crypto offerings with Bitpanda partnership

• Mercado Pago launches dollar-pegged stablecoin in Brazil

• China's money laundering crackdown heightens risk for crypto investors, USDT traders

• Whale loses over $55M in DAI stablecoin to phishing attack

• Spot Ethereum ETFs record longest outflow streak amid drying investments

Project Updates 🔥 

• Shutdown of Kresko

• The Darwin Upgrade is officially live on Scroll Mainnet

• MakerDAO securer Chronicle launching RWA oracle via M^0 integration

• Solana memecoin protocol teases new ‘short squeeze’ platform

• Aptos Foundation teams up with Web3 streaming platform

• Starknet debuts parallel transaction execution on testnet

• Curve founder faces community pushback on DAO funding proposal

• CryptoPunks saw $3.5M in sales volume

• Solana ETF application

• Blast’s TVL declines sharply

Threads 🧵 

• Long tweet on memes, memecoins, and how information distribution

• Pectra upgrade

• How Vitalik Buterin’s pluralistic vision could reshape blockchain governance

• Solana ETFs have just suffered a huge setback

• Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K

• Harris' unrealized gains tax would obliterate the U.S. economy

• New investors pain cycle

Launches 🚀 

• Nym launches privacy-preserving VPN app in beta

• Aave launches on ZKsync-powered Era mainnet, hoping to leverage it to 'fullest potential'

• YieldNest launches new liquid restaking token

• Skyfire launches blockchain payment network that lets AI spend your money

• LayerZero launches Gravity Mainnet for enhanced cross-chain interactions

Fundraise 💰

• Base DeFi protocol BSX raises $6.2M ahead of token launch

• PIP Labs secures $80M for Story Protocol, valuation hits $2.25B

• Animoca Brands’ gaming platform GAMEE secures funding from Pantera Capital

• Bio Protocol completes $6.22M Genesis auction funding

• Credbull secures $5.2M funding to democratize private credit on-chain

That's a wrap for today!

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