🦎🚀 The chase is on! 🏃

Wednesday, July 19, 2023

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The Hunt Begins

Arkham Intelligence's "Dox-to-Earn" platform has launched, offering a bounty of 100,000 ARKM tokens to individuals who can provide information about the $415 million FTX mystery.

The platform also includes other bounties for crypto sleuths to solve, such as the $160 million hack of trading firm Wintermute and the nearly $200 million exploit of Nomad's token bridge from last year.

In today's news, we have a surge in Reddit community tokens following their recent policy change, Chainlink's CCIP launch, and Coinbase continues the fight.

Read on!

Now LIVE: 2023 Q2 Crypto Industry Report 📊

After the exuberance of Q1, the crypto market took Q2 to consolidate the gains and increased slightly by 0.14%, from a total market cap of $1.238 trillion on March 31, 2023, to $1.240 trillion on June 30, 2023. April and May were relatively quiet months, particularly after Ethereum's Shapella upgrade on April 12, as the market was absent of any strong overarching narrative. Prices of Bitcoin (BTC) and Ethereum (ETH) are now hovering around $30,000 and $1,900, respectively, with BTC climbing 6.9% while ETH increased by 6.0% in Q2.

Our comprehensive 2023 Q2 Crypto Industry Report covers everything from the crypto market landscape to analyzing Bitcoin and Ethereum, deep diving into the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, and reviewing how centralized exchanges (CEX) and decentralized exchanges (DEX) have performed.

Don't miss out on these 6 key highlights and the full report here!

Hello there,

Buckle up and get ready! CoinGecko's Virtual Meetup is back again! For Meetup #26, we'll be talking about our 2023 Q2 Crypto Industry Report and taking a look at what's in store for Solana in 2023 & Beyond!

Join us as we'll be presenting our 2023 Q2 Crypto Industry Report and talking about Solana in 2023 & Beyond!

Date: Thursday, 20 July 2022

Time: 08:30 AM EDT (UTC -4) [Check your local time]

Tune in for our Virtual Meetup #26, featuring an exciting panel of speakers:

Zhong Yang Chan, Head of Research, CoinGecko (Moderator)
Austin Federa, Head of Strategy, Solana Foundation
Armani Ferrante, Chief Executive Officer, Backpack
Meow, Co-Founder, Jupiter

SAVE YOUR SPOT HERE!

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Since we've just crossed the half-year mark, we thought to see which coins within the Top 50 by market cap have performed the best so far - check out the Top 12 in this video.

Let's find out here!

Moons be Mooning

The prices of Reddit community tokens like MOON and BRICK have experienced significant price increases due to speculation surrounding a potential rule change that may enable trading of Reddit's tokenized community points.

Moons (MOON), the native token of Reddit's r/CryptoCurrency community, has seen a remarkable 1770% price increase this week, reaching nearly 25 cents from 9 cents. Similarly, the Bricks (BRICK) token, awarded as a reward in the r/Fortnite subreddit, has surged 300% in just two days.

CoinDesk

Breaking Down Barriers

Chainlink has officially launched its Cross-Chain Interoperability Protocol (CCIP) on its mainnet today, with early access supporting the Ethereum, Avalanche, Polygon, Arbitum, and Optimism networks.

This protocol establishes a standardized communication system between various chains, facilitating connectivity between DeFi applications and multiple other chains.

Additionally, CCIP will enable traditional finance to access digital assets, and Chainlink has collaborated with prominent players like Swift, BNY Mellon, Citigroup, and BNP Paribas, among others.

Cointelegraph

Not Out of The Woods Just Yet

Coinbase, a cryptocurrency exchange based in the US, has temporarily suspended staking services for customers in four American states, bringing attention to the regulatory risks associated with the stock and its Earn product, according to analysts at Berenberg Capital Markets.

Despite Coinbase's claims that staking products are not securities offerings, Berenberg cautioned that this service could be susceptible to such classification.

The Block