🌶️ The day of the lawsuits - Celsius vs Tether, SEC vs NovaTech

Bitcoin and of course, mostly of other cryptos simply ranged the whole weekend. Up and down, down and up. However, there is no single day without something interesting in the crypto space.

So here is what we have today:

• A few huge lawsuits

• deBridge checker live and Hyperlane introduces $HYPE

• A few interesting opportunities to mint

• ETH fees hit low numbers during the weekend

• and more…

📰 Crypto & Finance News

• Celsius filed a lawsuit against Tether and sought $2 billion in lost Bitcoin.

• One of the largest Bitcoin miners Marathon raising $250 million to acquire more BTC. Sounds bullish.

• SEC filed charges against promoters of NovaTech. $650 million allegedly stolen from more than 200,000 customers.

• Solana DEXes volumes dropped by 10% the last week, and ETH and Base activities have increased. Trends change?

• E. Musk and D. Trump's interview is to be streamed on X today. Also, it seems Donald Trump is back on Twitter (or X) for good.

🪂 Airdrops

• Hyperlane introduces its token $HYPE.

• The deBridge allocation checker is live!

• Unicorn Meme tokens can now be traded. If you’ve claimed $UWU before, now it’s on the market, and the market cap at $30 million. However, if you’ve claimed the tokens on the Cosmos ecosystem, they will be available within the next 1-2 months.

🤡 Degen Section

• There is some interesting math on how poor your chances are to catch a successful coin on Pump Fun. Do you agree with it?

• We continue to track Harris vs Trump election bets on Polymarket. Now Kamala leads 52% to 46%. $576 million already in the bets.

🔒 Security

• A hacker who was gone with $60 million, launched a new token whose price increased 153 times.

• If you are not familiar with Tornado Cash yet. A guide by The Block.

• Solana developers have fixed a critical vulnerability on August 8th.

🦁 Alpha, Opportunities & Insights

• Join the Smok3 Saga, earn points, and get a reward in the future.

• Nifty Island players who hold Legendary Palm or Pistol NFT can claim these Based Mfer avatars for free.

• Elys NFT minting is live. However, only eligible users who have participated on the testnet can mint one.

• Crypto.com Cryptonauts packs are for sale. Only 411 packs in total are available.

• Nifty Island and Young & Sick mint pack goes live tomorrow. Grab a chance to earn additional airdrop points.

📈 Other Metrics & Numbers

• ETH fees hit the record during the weekend with almost no gas to pay.

• Someone paid $90,000 to make a $2,200 worth transaction.

• Bitcoin's all-time ETF flows reached $19.3 billion. An impressive number.

😶‍🌫️ To Cheer You Up

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Disclaimer: The content of this newsletter is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and can involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The opinions and information provided here are not a guarantee of future performance and should be considered carefully in the context of your personal financial situation.