WalletConnect Airdrop Coming Soon

️ On today's Top Picks:

Crypto News

• ⭐️ BitGo to launch $USDS stablecoin in January 2025; fully backed by short-duration T-bills, overnight repos, and cash.

• Prager Metis settles with US SEC for ~$2m over FTX audits.

• Rari Capital settles with US SEC over misleading investors and unregistered broker activity.

• Google Cloud launches Blockchain RPC Service to support Web3 developers.

• Celestia $TIA launches Lemongrass Mainnet upgrade; introduces 1-click interactions over IBC, interchain accounts, and more.

• Circle to launch $USDC and Cross-Chain Transfer Protocol on Sui.

• Everclear $NEXT (previously Connext) launches Mainnet Beta; built as an Arbitrum Orbit rollup leveraging Hyperlane and Eigenlayer AVS.

• Singapore's DBS Bank to launch Bitcoin $BTC and Ethereum $ETH options trading.

Alpha

• Morph Testnet Airdrop by Earndrop.

• Earndrop X Jumper Galxe campaign ends; Earndrop Prime raffled to 100 winners.

• Introducing Hinkal by mystri.

• ⭐️ Aleo launches Mainnet; no details regarding airdrop.

• StakeStone launches $SBTC; designed as a Liquid Index BTC.

• Phantom launches Usernames; access rolling out over the coming days.

• Odos launches Simple Swaps, gasless and slippage-free swaps.

• ICYMI Fuel Network by Earndrop.

• Hemi Incentivized Testnet by Alpha Drops.

Airdrops

• ⭐️ WalletConnect introduces Connect Token $WCT; airdrop details coming soon.

• Puffer launches $EIGEN Season 2 StakeDrop claim.

• Swell to launch $EIGEN Season 2 StakeDrop claim on September 20th.

• Renzo to launch $EIGEN Season 2 StakeDrop claim on September 20th.

• Kelp to launch $EIGEN Season 2 StakeDrop claim on September 21st.

• Ethena launches $ENA Season 2 Airdrop eligibility and allocation checker.

• EigenPie launches $EGP Airdrop eligibility and allocation checker.

Finance News

• CleanSpark $CLSK buys two additional Bitcoin mining sites for ~$5.8m.

• ⭐️ US Federal Reserve cuts interest rates by 50bps; first rate cut since March 2020.

• BRICS Payment System to include trading, investing, and settlements.

• Microsoft $MSFT and Blackrock to launch $30b AI investment fund.

• Microsoft $MSFT approves $60b share buyback program.

• Intel $INTC to receive $3b from US Government for Secure Enclave program.

• AT&T $T settles with US FCC for $13m over 2023 data breach.

Security and Exploits

• Ethena regains control of domain after registrar account was compromised.

• ⭐️ Dark Angels hacker group receives $75m Bitcoin ransom from Cencora; largest known cyber extortion payment.

• Eclipse partners with Immunefi to launch bug bounty program; up to $1m for critical vulnerabilities.

• Several X Accounts compromised promoting meme coin scam; scammers made ~$8k.

• ICYMI SlowMist Weekly Security Report highlights 5 incidents with ~$29m in losses.

Token Unlocks

• ApeCoin / 15.6m $APE / ~$11m / SEP 17
• Echelon Prime / 750k $PRIME / ~$6m / SEP 17
• Pixels / 54.38m $PIXEL / ~$7m / SEP 19
• Lista DAO / 24.68m $LISTA / ~$8m / SEP 20
• SPACE ID / 78.49m $ID / ~$26m / SEP 22
• Galxe / 586.67k $GAL / ~$1m / SEP 22
• Ethena / 14.89m $ENA / ~$3m / SEP 22

Funding

• Dragonfly Capital to raise $500m for its fourth fund; will invest in early-stage projects.

• Borderless Capital launches $100m DePIN Fund III to support expanding DePIN ecosystems.

• The Open Network raises $30m in Strategic funding.

• Vana raises $25m in Seed, Series A, and Strategic funding.

• Hemi Network raises $15m in Strategic Seed funding led by Binance Labs, Breyer Capital, and Big Brain Holdings.

• Yellow raises $10m in Seed funding.

• Fermah raises $5.2m in Seed funding.

• Cudis raises $5m in Seed funding led by Draper Associates.

• 0xAstra raises $3m in Seed funding.

• MagicBlock raises $3m in Pre-Seed funding.

• Limitless raises $3m in Angel and Pre-Seed funding led by 1confirmation.

• Amnis Finance raises $2m in Seed funding led by OKX Ventures and Borderless.

• Filament raises $1.1m in Seed funding led by Lingfeng Innovation Fund.

• AmbrusStudio raises an undisclosed amount in funding led by The Spartan Group.

• Velo raises an undisclosed amount in Strategic funding from UOB Venture Management.

The Degen Farmer