🌶️ X to stay banned in Brazil

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Let’s get back to the crypto world now.

Here is what you’ll find in today’s edition:

• X to stay blocked in Brazil

• Smart Contracts coming to Ripple

• WazirX hacker moves funds

• Whales accumulate huge amounts of Bitcoin

• and more…

📰 Crypto & Finance News

• Brazil’s Supreme Court panel upholds judge’s decision to ban X nationwide.

• Qatar enhances cryptocurrency regulations with a newly introduced framework by a key Special Economic Zone (SEZ).

• The decentralized blogging platform Bluesky gets more than 1 million new users amid Brazil trying to block X.

• Germany's stock market reached a record high even as the economy contracted in the last quarter.

• South Korean authorities launches an investigation against Telegram for its involvement in deep fake porn that involved teenagers. Is Telegram cooked?

🪂 Airdrops & Opportunities

• Ethena’s Season 2 ends and details about Season 3.

• A few NFT communities to get Tribe3 airdrop.

• Scroll teases us with a possible airdrop X post. It’s coming! Also, stay away from the comments section, noticed so many scams out there.

• Coingecko releases a guide for Mitosis and farming its points.

🤡 Degen Section

• A New PumpFun-like platform emerges. Here is what you need to know.

• Pump.fun hits $100 million in revenue in just 217 days.

• $FWOG has risen more than 40% in value yesterday. And currently has a market cap of $84 million.

🔒 Security

• WazirX hacker starts to move stolen funds with the help of Tornado Cash. More than $230 million were stolen in July.

• Crypto hacks and scams scored more than $300 million in August alone.

• Analysts say that North Korean hackers could have stolen around $3 billion from 2017 to 2023. The funds could have been used to fund its military, including its nuclear weapons program.

🦁 Alpha & Insights

• Ripple announces that smart contracts coming to XRP Ledger.

• THORChain hard fork is coming. What do you need to know?

• Researchers claim that the stats of liquidations provided by the exchanges could be far away from the real numbers. A good tip if you trust this data.

• Details Unveiled — SuiPlay0x1 Crypto Gaming Handheld Set for 2025 Launch, Price and Specs Announced.

📈 Other Metrics & Numbers

• The whale has deposited more than 4100 Bitcoins worth around $243 million to Binance in the past 3 days.

• Another whale accumulates 2,000 BTC in four days according to Arkham Intelligence. Adds $57 million in a single day.

And here's a fascinating income chart that'll grab your attention:

😶‍🌫️ 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.