Cardano has one project per day built on it with total number of 1,076
According to the latest monthly report on Cardano-built projects, their number for August increased to 1,076.
At the same time, according to the data, the number of new Cardano-built projects increased by 31, which implies that one new project appeared on the blockchain every day in August.
Kyber Network: DeFi liquidity hub suffers frontend exploit
On September 2, KyberSwap, a multichain DEX aggregator, disclosed that a frontend exploit resulted in the theft of $265,000 in user funds.
According to the announcement, Kyber Network noticed a suspicious element on their front end and has shut down frontend operations to conduct an investigation. The team promised to reimburse the amount of assets lost.
SHIBA INU records 3.6 billion SHIB burned in August with only 59% of initial supply left
According to Crypto Eye, the number of SHIB burned in August was 3.6 billion tokens. This stat brings the figure of SHIB burned over the summer to 12.67 billion tokens, or $154,507 in fiat equivalent. Only 589.62 trillion, or 59% of SHIB, remains from SHIBA INU’s total initial offering of 1 quadrillion.
The number of SHIB holders exceeds two million addresses. The number of holders has doubled since May 2022.
SHIBA INU can now be accepted through NOWPayments POS terminal
SHIBA INU can now be accepted through NOWPayments PoS terminal, which can act as a SHIB payments processor.
NOWPayments increased support for SHIB by allowing companies to pay their employees in SHIB. Companies can include SHIB wages and other kinds of mass SHIBA payments using the NOWPayments Mass Payments solution.
Whale accumulated 65,000 ETH
According to Whale Alert, in the last 24 hours, 65,000 ETH was transferred from Gemini to an unknown wallet. This amount of ETH is worth $101,868,063.
Ethereum miner balance reaches four-year high weeks before the Merge
According to Oklink data, the balance of Ethereum miner addresses exceeded 260,000 ETH with a total of 261,848 ETH valued at over $415 million at the current price.
Miner accumulation reached a new four-year high with similar levels seen last in April 2018. Experts believe that miners are hoarding more ETH in anticipation of price surges and forked PoW tokens.
Hermès enters the Metaverse with NFT trademark filing
On August 31st, Michael Kondoudis, a trademark attorney, revealed that Hermès filed an application with USPTO (the United States Patent and Trademark Office) on August 26th.
The luxury brand wants to expand its reach into crypto, NFTs, NFT trading, crypto, virtual currency, digital goods marketplaces, footwear, fashion shows, and clothing.
FTX cooperates with Korean authorities to develop digital exchange
Busan, South Korea’s second most populous city, Tuesday signed a memorandum of understanding (MOU) with global cryptocurrency exchange FTX to help develop a digital asset exchange.
FTX will provide technical and infrastructure assistance to Busan city in establishing the digital asset exchange. FTX is also planning to cooperate with the city in promoting various blockchain projects and partner with local universities in providing blockchain-specific education.
Indonesia’s biggest tech firm enters crypto with purchase of local exchange
GoTo Gojek Tokopedia (GOTO), Indonesia’s biggest tech company, has entered the cryptocurrency market with the purchase of local crypto exchange Kripto Maksima Koin. GoTo paid 124.84 billion rupiah ($8.38 million), according to Reuters.
The tech firm, which raised $1.1 billion in an IPO earlier this year, said in a statement to Reuters that the deal was part of its goal to become “a diverse money management hub.”
Fan token platform Socios inks new four-year deal with Argentine Football Association (AFA)
Socios.com has renewed its partnership with Argentine Football Association until 2026 to help drive Web 3 fan engagement. Socios will also help the Argentine Football Association develop its ARG fan token and create a global engagement and rewards community centered on the token.
The AFA is the latest addition to Socios.com’s ever-growing catalog of world-renowned sporting talent, boasting Argentinian and Paris Saint-Germain forward Lionel Messi.