🔔 Binance announces the 57th project on Binance Launchpool -Dogs (DOGS)

◾️ Binance has announced the 57th project on Binance Launchpool – Dogs (DOGS), a Ton memecoin born within Telegram community.

◾️Users will be able to stake their BNB and FDUSD into separate pools to farm DOGS tokens over three days, with farming starting from August 23rd at 00:00 (UTC).

▶️ Listing: 26th August at 12:00 (UTC)

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😱 Crypto whale loses $55 million in Dai stablecoin to phishing attack

◾️Immunefi’s July report shows the crypto industry has lost over $1.19 billion so far this year due to hacks and scams.

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🔔 Binance Labs invests in four projects from BNB Chain's season 7 MVB program

◾️BNB Chain’s MVB (Most Valuable Builder) Program attracted over 700 applications this season, with less than 2% being accepted.

🔸Aggregata: Unifies AI data, models, and computing into a seamless, one-stop platform.

🔸Opinion Labs: Building dynamic opinion and continuous prediction markets.

🔸Sidekick: The consolidation hub for social, games, and beyond.

🔸Vooi: A cross-chain perp DEX aggregator supporting both EVM and non-EVM chains.

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🔔 Justin Sun's USDD stablecoin is no longer backed by bitcoin

◾️According to Tron DAO Reserve, approximately 12,000 BTC previously used as USDD reserves have been removed.

◾️Currently, $744 million USDD tokens in circulation, making it the seventh-largest stablecoin and one of the top 100 cryptocurrencies by market cap.

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🇮🇳 WazirX to resume phased INR withdrawals on August 26, only 66% funds available.

◾️WazirX announced that they can't process crypto withdrawals for users, and only 66% of INR balances can be withdrawn.

◾️The remaining 34% of INR balances have been frozen due to 'legal investigations.'"

▶️ WazirX has outlined a phased withdrawal plan:

◾️Aug 26 - Sept 8, 2024: Users can withdraw up to half of the available 66% INR balances.

◾️Sept 9 - Sept 22, 2024: Users can withdraw the full 66% of their INR balances.

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😒Telegram CEO Pavel Durov arrested in France. What's next for Ton and Telegram 👀

◾️The price of Toncoin dropped nearly 20% following news of Durov's arrest.

◾️Elon Musk posted several messages in support of Pavel Durov after he was arrested in France.

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🇮🇳 WazirX opens phase 1 of INR withdrawals

◾️ All eligible users can withdraw up to 50% of their INR balance, within the 66% limit.

◾️Crypto withdrawals are still on hold.

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🇮🇳 Telegram under Investigation in India for extortion, gambling, and cheating scams following CEO’s arrest in France

◾️ French President Emmanuel Macron says the arrest of Telegram CEO Pavel Durov is not 'political,' but part of a judicial inquiry.

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🔄 TON blockchain back online after 7-hour downtime due to DOGS token distribution

◾️The primary cause of the disruption was network congestion due to the distribution of DOGS tokens.

Source

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🚨 OpenSea receives Wells Notice from the SEC

◾️OpenSea has received a Wells notice from the SEC threatening to sue because they believe NFTs on OpenSea are securities.

◾️OpenSea is pledging $5 million to help cover legal fees for NFT creators and developers who receive a Wells notice.

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🔔 Telegram’s Pavel Durov released on €5M bail, ordered to stay in France after arrest

▪️He must remain in the country under judicial supervision, with a bail set at $5.56 million, and is required to report to the French police station twice a week.

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🔔 Elon Musk cleared in Dogecoin market manipulation lawsuit

◾️Elon Musk and Tesla won a class action lawsuit that claimed Musk's comments manipulated the Dogecoin market and hurt investors.

◾️DOGE, the ninth-largest cryptocurrency, dropped by 0.5% in the last 24 hours. Its market value is now $14.6 billion.

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