CARDANO MOVES TO REDUCE RELIANCE ON ITS CREATOR Input Output will begin handing key infrastructure to external teams in August, with community oversight of Cardano implementations in Haskell, Rust and Go. The shift comes amid weak network activity and a steep decline in $ADA . #Macro Insights# #Altcoin Season#
NEW: ESMA added 14 new crypto firms, including Ripple $XRP Payments Europe, to its MiCA register, bringing the total number of licensed crypto service providers to 294. #Macro Insights# #Altcoin Season#
This guy who legally stole 4.426T $BONK ($21.M) from the BONK treasury has deposited 1.19T BONK ($4.11M) into Binance sell over the past 6 hours. He still holds 3.2T $BONK ($10.85M), so watch for further selling pressure. #Macro Insights# #Altcoin Season#
A hacker launched a token called SCATMAN and promoted it after hacking the SpaceXAI and Starlink accounts. The hacker then minted 10T SCATMAN and dumped all for 59 $ETH ($108K). Another wallet controlled by the hacker also sold 59.28M SCATMAN for 14.7 $ETH ($27K). In total, the hacker made about $125K. Be safe out there. #Macro Insights# #Meme Alpha#
UNISWAP TO ACTIVATE BUYBACKS AND BURNS AS PROTOCOL FEES GO LIVE Uniswap founder Hayden Adams confirmed that protocol fees have been activated and that $UNI buybacks and burnsare set to begin, with governance votes now underway for Robinhood Chain v2/v3 fees, v4 fees, and bridge cleanups across XLayer, Avalanche, MegaETH, and Sonium. The move would introduce the first sustained burn mechanism in Uniswap’s history, as the protocol generates more than $5.2 million in daily fees, more than nearly every crypto protocol outside of USDC and $USDT . #Macro Insights# #Altcoin Season#