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😶‍🌫️  The TON network has had an outage, but everything is ok now

The TON team reported a problem with block generation on the network. The incident is explained by the fact that several validators failed to clear the database of old transactions. This, in turn, led to a loss of consensus.

TON network is fully operational! TON-based asset withdrawals and deposits in Wallet will be credited in due course.

😲 Binance announced the launch of BNSOL

It is not yet known exactly what this means. According to Solana Compass, the secret behind BNSOL could be Binance Staked SOL.

🪙 Bloomberg: Pantera Capital fund bought TON tokens at a 40% discount

In May this year, Pantera fund reported information that it invested in the TON ecosystem

The amount is more than 100M and the token lock-in period is more than a year.

🐸 Crypto exchange KuCoin has launched its FrogTrader tap game

Drop depends on the date of creation of the Telegram account. More details here.

🔝 PoliFi tokens are up more than 782% since the start of 2024

PoliFi tokens grew by 782.4% from January 1 to August 25, 2024, according to CoinGecko report. In comparison, the memecoin sector grew by 90.2% over the same period. Meanwhile, the market share of PoliFi tokens ranged from 0.9% to 3.3% at its peak on June 16, 2024. As of August 25, that figure had fallen to 1.5% with a capitalization of just over $680M.

🔑 Key crypto market highlights (August 29-September 5)

• Klaytn to launch Kaia mainnet (29.08).
• Linear to release new marketplace (30.08).
• Optimism (OP) – 31.34M coins or 2.64% of the circulating supply to be unlocked (31.08).
• SOLVE wallet release (02.09).
• Dydx (DYDX) tokens unlock 8.33M coins, or 3.67% of the circulating supply (01.09).
• Sui (SUI) unlock of 64.19M coins or 2.47% of the circulating supply is set (01.09).
• ZetaChain (ZETA) – 53.89M coins or 15.71% of the circulating supply to be unlocked (01.09).
• Portal (PORTAL) tokens unlock 8.33M coins, or 3.67% of the circulating supply (01.09).
• THORChain hard fork (04.09).
• Flow to release Crescendo network upgrade (04.09).
• Polygon token swap (04.09).
• EOS will release Spring v.1.0 (04.09).
• Baby Doge Coin launch on Solana (05.09).

💲 Ideas 

[1] 🔔MetaCene (MAK) on Bybit Launchpad

You may receive an allocation to buy a token at the lowest price and sell it higher after listing.

Participation with MNT

You are guaranteed to receive an allocation depending on the number of blocked tokens. That is, the more MNT you have blocked, the better. However, this option is not suitable for beginners, as it assumes the availability of  MNT in large quantities.

Participation for USDT

You lock 100 USDT on your account and for this you get a lottery ticket, if it wins, you get the chance to redeem a certain amount of new token at a minimum price. Which is usually an order of magnitude lower than the listing price.

• Redemption price: 1 MAK token = 0.06 USDT 
• Allocation: 250 tokens per ticket
• Winning tickets: 10 000
• Balance snapshots: August 31–September 5
• Subscription to the giveaway: September 5

[2] 🔔ETHFI token is going up by 20%?

According to Du_Trade's analysis, the price of the coin is currently between 1.35 and 1.40, and it looks like many people are buying in this range. This suggests that someone is holding onto the coin, which could be a sign that the price is about to go up.

*Any technical analysis in the long run cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions

[3] 🔔 Commission in the Bitcoin network has become more expensive by 900%

On August 22, the average transaction fee price rose 937% to $7.65, according to BitInfoCharts.

This is not the first such jump this year. There was already a similar one on April 20.

Such a jump was triggered by opening deposits to the Babylon project – an analog of EigenLayer in the BTC network.

In it, you need to stake your liquid BTC, provide security to other projects, and get rewards for it.

It got its share of hype due to raising $96M and partnerships with Binance, Web3Wallet, Osmosis, and others.

There will be 3 phases of the protocol launch in total:

1. Staking BTC blockchain and getting it voted;
2. BTC staking and launching the first Babylon PoS network;
3. Multi-stacking BTC and launching all networks.

Phase 1 has started and will last 15 months, after which the assets will be available again. It is also likely worth waiting for TGE after that.

🌞 Thank you for staying informed with us! We'll be back next week with more insights to keep you ahead in the ever-evolving world of cryptocurrency. Until then, happy trading and stay safe!

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