🌶️ RTR Drama continues, Trump Jr. denies all allegations

The Bitcoin price went back above the $60,000 mark, so we had a bear market just for a day it seems. Memecoins followed the trend together with Solana. However, Ethereum still struggles to grow in price.

What else will you find:

• Pump Fun now rewards token creators if they complete the bonding curve

• Uniswap hits a record

• Tether mints more USDT and plans to expand

• and more…

📰 Crypto & Finance News

• Tether has minted more than 1.3 billion USDT since the August 5th. The funds were distributed through different wallets, mostly belonging to exchanges.

• Donald Trump Jr. denied claims that he, his family members, or his team is somehow involved in creating a meme coin called “Restore the Republic” ($RTR). Many well-known famous crypto Twitter (X) people are also involved, however, now their posts are gone as if nothing has happened. To be continued…

• One more news from Tether, they are doubling their workforce due to growing popularity and workload. It’s planned to increase this number to 200 people.

• Uniswap reports a record number of unique addresses on L2s. It is the double from the previous ATH.

🪂 Airdrops

• Start farming Wilder World Odyssey airdrop. Phase 1 ends in the middle of September.

• The New Zulu Network points campaign is live on Intract. Up to 5,000 ZGP points to win.

• Hamster Kombat says it will be “the largest airdrop in history”.

🤡 Degen Section

• Yes, with that same thing again from Polymarket. Now Harris leads by 1% only. If this shows the real winner, it could be a real use case when crypto can predict some things correctly and accurately. Very exciting thing to watch.

• Pump Fun now rewards the token creator with 0.5 SOL if the token bonding curve is complete. Also, now token creation is free.

🔒 Security

• Rabby Wallet presents a new management feature that allows revoking Permit2 approvals. Multiple revokes can be completed with one signature.

🦁 Alpha, Opportunities & Insights

• Mint the onchain Taro card on Base network.

• Get onchain Summer points if you are a Bankless Citizen.

📈 Other Metrics & Numbers

• Bitcoin ETF inflows have reached $192 million!

• While Ethereum ETF resulted in outflows of almost $2.9 million.

😶‍🌫️ 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.