🦎🚀 Will Solana Make(r) it?

Monday, September 4, 2023

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Controversial Decision

A multi-year Maker protocol overhaul, dubbed "Endgame," is reaching its final phase, unveiling the launch of a native blockchain for Maker with the codename Newchain.

This development has sparked controversy, mainly due to a tweet by protocol co-founder Rune Christensen, suggesting that the Solana codebase be considered as the foundation for Newchain. This statement has led to a backlash on Crypto Twitter, with numerous users expressing skepticism and questioning this decision.

In today's news, we have crypto adoption in Turkey hitting 52%, buyback of Robinhood shares previously owned by SBF and 500 wallets tied to Grayscale Ethereum Trust identified.

Read on!

Electricity Usage: Solo Bitcoin Mining vs Household Appliances

Bitcoin mining at home uses 4.6 kWh, which is around the same as the electricity usage of a clothes dryer.

This suggests that Bitcoin's environmental impact is comparable to everyday electronic devices.

Read more here

24h Hot Searches Worldwide 🔥

GALA (-4.5%)
Vulcan Forged (+24.9%)
Open Campus (+3.8%)
Maker (-0.6%)
Arbitrum (+2.1%)
FEG BSC (+15.8%)
Unibot (-13.7%)

Linea, a zk-rollup layer 2, has just recently launched on mainnet. Find out all about the project and how it differs from other layer 2s in this video.

Find out now!

More than Half

Crypto adoption is experiencing significant growth in Turkey, a nation grappling with soaring inflation rates, as revealed by a research survey conducted by KuCoin.

Over the last year and a half, adoption has increased from 40 percent to 52 percent of the Turkish population.

Decrypt

Protect the Hood

The widely-used trading platform Robinhood (HOOD) has entered into an agreement with the United States Marshal Service (USMS) to repurchase $605.7 million worth of stock that was previously held by Sam Bankman-Fried, the founder of the now-bankrupt crypto exchange FTX.

The U.S. government had seized 55 million HOOD shares belonging to Bankman-Fried and his FTX co-founder, Gary Wang, through their holding company Emergent Fidelity Technologies at the beginning of this year.

CoinDesk

Wallets Identified!

The crypto data platform, Arkham Intelligence, has identified more than 500 wallet addresses associated with the Grayscale Ethereum Trust.

This trust is considered the second-largest Ethereum entity globally, holding approximately $5 billion worth of ETH, according to Arkham's findings.

The Block

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Bitget is proud to bring together innovators, builders, and game-changers in the crypto industry. We are excited to embark on this journey of crypto empowerment with you! Join the unmissable event to revolutionize our world through crypto innovation!

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