MYX Finance Airdrops $200M to Sybil

️ On today's Top Picks:

Crypto News

• ⭐️ MYX Finance $MYX airdrops 1% of supply (~$200M) to sybil; MYX responded by pledging to do better to prevent future sybil attacks.

• US SEC delays decisions on staking for Ethereum $ETH ETFs; cites needing more time to review applications; also delays decisions on Franklin Templeton's spot $XRP & Solana $SOL ETFs.

• ⭐️ Native Markets leads $HYPE Hyperliquid $USDH stablecoin vote with ~38% from 8 validators; followed by Paxos with ~12% from 3 validators & Ethena $ENA with ~8% from 2 validators; 42% from 6 validators have yet to vote.

• OpenEden submits proposal for $HYPE Hyperliquid $USDH stablecoin vote; offers issuance via Bermuda entity, backed by T-bills at BNY Mellon, with fees & ~4% yields for HYPE buybacks, and 3% $EDEN incentives.

• VanEck to file for Hyperliquid $HYPE staking ETF in the US; to also file for similar ETP in the EU.

• Polygon $POL completes hard fork to fix finality bug; Polygon was experiencing 10–15 minute delays in recording block milestones due to the bug.

• Linea $LINEA experienced a ~1-hour outage due to "an issue at with the sequencer after a large bundle was submitted via eth_sendBundle."

• Scroll $SCR DAO to "pause" governance; Haichen Shen, cofounder of Scroll, says they are "redesigning governance";

• Binance partners with Franklin Templeton to build "tailored digital asset initiatives and institutional-grade solutions for a broad range of investors."

• Kraken launches xStocks for EU customers; initially launched on Solana $SOL, to expand to Ethereum $ETH, Solana $SOL, & $BNB Chain.

Alpha

• Airdrops, Checkers, & Points by Olimpio.

• Monad Cofounder Keone Hon teasingly posts "The total initial supply of native gas tokens on the Monad blockchain network will be 100 billion" on X; to potentially launch mainnet, TGE, & airdrop soon.

• Joseph Lubin posts "So if we notice, at some date in the future that you've held n LINEA tokens for m days, that just might lead to another token landing in your account" on X.

• OpenSea partners with Coinbase $COIN; Coinbase One subscribers to receive 5% boost on OpenSea activity & surprise Shipments starting on September 15th.

• Rainbow to launch Rewards Phase 3 soon; teases "rewards distributed in real time, rewards denominated in $████, & more" on X.

• ICYMI OpenSea to announce $SEA details in early October; to launch final phase of Pre-TGE rewards program on September 15th.

Airdrops

• ⭐️ Linea launches $LINEA airdrop claim; LXP (minimum 2,000) & LXP-L (minimum 15,000) holders are eligible.

• ⭐️ Avantis launches $AVNT airdrop claim; XP holders, several ecosystem partners, & more are eligible.

• Switchboard launches $SWTCH airdrop claim; Switchboard Orbs holders, Fragmetric stakers, & more are eligible.

• Meteora to launch $MET TGE & airdrop soon; Season 1 Points finalized last week, Season 2 Points currently live.

• Karak announces $GDP, revised from $KAR; to potentially launch TGE & airdrop soon.

• ICYMI Airdrops, Checkers, & Points (September 3rd) by Olimpio.

Finance News

• ⭐️ US Supreme Court agrees to hear appeal from President Trump; a US Appeals court recently ruled that his global tariffs were illegal.

• US Federal Judge blocks President Trump from firing Federal Reserve Governor Lisa Cook; cites Cook's ongoing lawsuit challenging her termination.

• US August PPI inflation falls to 2.6%, below expectations of 3.3%; Core PPI inflation falls to 2.8%, below expectations of 3.5%.

• Coinbase $COIN acquires the founders of Sensible, Jacob Frantz & Zak Salmon; to lead key teams shaping onchain consumer strategy; Sensible to shut down.

• Gemini raises expected IPO share price to $24-$26 with a potential valuation of ~$3B; Nasdaq to invest $50M in Gemini's IPO.

• Robinhood $HOOD to launch Short selling soon; to also launch Robinhood Social soon.

• Metaplanet $3350.T raises $1.4B to buy more Bitcoin $BTC: currently holds 20,136 Bitcoin $BTC (~$2.3B).

• SharpLink $SBET begins $1.5B share buyback program; currently holds 837,230 Ethereum $ETH (~$3.7B).

• ALT5 Sigma $ALTS, a World Liberty $WLFI Treasury company, removes Eric Trump from its board due to Nasdaq rules.

Security and Exploits

• ⭐️ Microsoft $MSFT releases September 2025 updates; patches 81 security vulnerabilities, including two zero-days.

• Apple $AAPL reveals Memory Integrity Enforcement (MIE), a new security feature built into new iPhone models; offers "always-on memory safety protection" across critical attack surfaces.

• ICYMI NPM suffers supply chain attack due to account compromise; NPM has since disabled the compromised versions; attacker has stolen ~$500 in crypto so far.

Token Unlocks

• BounceBit $BB / ~$6M / SEP 10th
• Aptos $APT / ~$51M / SEP 11th
• IOnet $IO / ~$8M / SEP 11th
• Peaq $PEAQ / ~$6M / SEP 12th
Sourced from Tokenomist

Funding

• Gyld Finance raises $1.5M in Pre-Seed funding led by Lightshift.

• Recoveris raises $1.26M in Seed funding led by VerifyVASP.

• Kaleidoswap raises an undisclosed amount in Pre-Seed funding from Bitfinex & Fulgur.

• Mr Freeman raises an undisclosed amount in Angel funding.

The Degen Farmer