28 Aug 202312:06
Project update
Crypto Events Recap, August 24-28

Crypto Events Recap, August 24-28

Bware Labs

Established an ecosystem fund for the Blast protocol. The fund will maintain a 50–50 ratio of INFRA tokens and stablecoins.



Balancer

Confirmed an exploit that occurred over the weekend. An address believed to belong to the hacker received $979,000 in DAI.



Pepe

Three former colleagues stole ~16 trillion Pepe tokens ($15 million) from the project's multisig and deleted their social accounts.



1inch Network

Integrated with Base and will draw liquidity from Uniswap, Balancer, SushiSwap and Base Swap to optimize user swap rates.



UniLend

Announced the launch of UniLend Governance on September 4th empowering the community through voting power.



MetaMask

Integrated Hashflow’s liquidity into their Swaps feature which locates the best prices with the lowest network fees.



Shiba Inu

Shibarium originally launched on August 16 but was soon paused has reopened fund withdrawals on its bridge to Ethereum.



OnlyFans

Revealed its cryptocurrency holdings, showing it invested nearly $20 million into Ether ETH in 2022.



PancakeSwap

Announced that it has burned 8,670,969 CAKE worth approximately $11 million.



Binance

Dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform.



Fetch.ai

DWF Labs announced the aquisition of 10M FET tokens at $0.202 average price making it 21st largest holder.



Paradigm

Introduced Rivet, a free, open-source developer-focused wallet, and DevTools for Ethereum.