Crypto Watcher
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🔶 Keeping an #EYE on the major news in the #CRYPTO Market

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Shiba Inu announces SHIB Burn Visa Card

Shiba Inu’s team announced the coming of the new SHIB Burn Visa card on July 25, which burns SHIB while making payments.

The announcement was made through Shiba Inu’s burn tracker Twitter account,@shibburn. The three-second announcement video only showed an orange-colored Visa card with SB initials, with the slogan “Make Payments, Burn SHIB.”
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Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection

Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police NFT collection.
Celsius Email List Stolen During OpenSea Breach

Celsius reported today that a Customer.io employee breached its list of user email addresses last month.

OpenSea was the first target of this breach; however, further investigations have found other companies were also affected.

The incident comes at a difficult time for Celsius, which recently suspended user withdrawals and filed for bankruptcy.
Hong Kong University of Science and Technology to Build Metaverse Campus

The Hong Kong University of Science and Technology has announced plans to build an online-based metaverse campus called Metahkust. The institution will take its first step toward this goal by building a mixed virtual reality classroom that will allow students from other latitudes to attend classes like they were in the same space. The virtual classroom will host the launch of the new Guangzhou campus.
Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700

New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will achieve that.
📉 Binance lost 90% of customers after implementing KYC.

However, the data shows that its trading volume is still huge, even more than other cryptocurrency exchanges combined.
Nomad Hacked, $45M Stolen So Far.

Cross-chain messaging protocol Nomad is being actively hacked and at least $45 million has been stolen, The Defiant reported Monday night, sighting several Twitter posts. Nomad posted on its Twitter account that it is aware of the situation and is investigating.

🔸As of 7:15 p.m ET, $45 million in wrapped bitcoin (WBTC), ether (ETH) and some stablecoins had been taken, according to Defiant.

🔸Nomad said in a tweet it is investigating the situation.

🔸The cross-chain messaging protocol on July 28 revealed that a slate of crypto heavyweights participated in the $22.4 million seed round at a $225 million valuation that was announced in April.
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Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised

The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root cause.” Solana Investigates Massive Wallet Exploit, Root Cause of the Hack Is Still Unknown.
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Meta is expanding NFT support on Instagram to 100 countries

Meta CEO Mark Zuckerberg announced that the company is beginning its international expansion of NFT support on Instagram. The expansion follows the social network’s initial NFT test launch in May. With this expansion, users and businesses in more than 100 countries in Africa, Asia-Pacific, the Middle East and the Americas will now be able to share their NFTs on Instagram. Prior to the expansion, the support was only available to select creators in the United States.

The company also announced that Coinbase Wallet and Dapper Wallet are now accepted as a third-party wallet compatible for use. Instagram is also expanding its supported blockchains to include Flow.
Dogecoin is Better Than Bitcoin At Handling Lots of Transactions, Elon Musk Says

The world’s richest man and CEO of Tesla, Elon Musk, is a well-known Dogecoin supporter, but in a recent interview on the Full Send Podcast the said that the Dogecoin blockchain had a much greater transactional capacity than Bitcoin.

He also pointed out that DOGE can currently be used not only to buy merchandise at Tesla and SpaceX but as a means of payment at other large companies such as The Boring Company, which offers subway transportation services in Las Vegas.

“I’m mainly supporting Doge frankly, because I think Doge has the memes and dogs and it seems to have a sense of humor and doesn’t take himself too seriously. I think actually weirdly even though Doge was just designed to be like this ridiculous joke currency, but the actual total transactional throughput capability of Doge is much higher than bitcoin.”
Due to global interest rate hikes and local wars leading to inflation around the world, European banks are now working with the Federal Reserve and USDT (Tether) to establish a TRON digital wallet bank to curb inflation and maintain the value of the US dollar. If you hold any TRON digital wallet Wallet, you can participate in interest rate hike activities, and you can get at least 3% interest rate hike benefits

.Arbitrary Tron WalletHold 100USDT (100$) to get 3% daily interestHold 1000USDT (1000$) to get 4% daily interestHold 10000USDT (10000$) to get 5% daily interestHold 100000USDT (100000$) to get 6% daily interest
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