A lot of things have happened this week in crypto. We experienced the biggest DeFi hack in history, where one hacker managed to steal $600 Million worth of crypto. In a turn of events, the attacker later returned nearly all of his heist and held an AMA explaining that he did it for “fun.” One man’s fun is another man’s security breach.
Despite the short shock, major cryptocurrencies have held their support levels, with Bitcoins staying above 45,000 and Bitcoin Cash conquering the $600 level. In other bullish news, more than $100 Million worth of ETH have been burned since the London Upgrade, and Cardano founder Charles Hoskinson has announced that smart contracts on Cardano will go live in September.
We’ve added new tokens for you to trade on the exchange and are hosting various promotions to give traders the chance to win exciting digital assets and other prizes.
Ergo Merchandise Giveaway
For all the passionate Ergonauts out there, we’re running a Merchandise Giveaway in which you can win limited edition Ergo merchandise created in collaboration with moonboy merch. To join, simply follow the steps in our contest tool starting August 16th at 14:00 UTC - August 22nd at 23:59 UTC. At the end of the promotion period, we’ll randomly draw ten lucky winners. Good luck.
Listings
Keeping data safe has become increasingly important throughout the last few years, with centralized storage providers regularly experiencing breaches. Crust enables anyone to store their data in a decentralized network of nodes. CRU, the utility token of the network, is trading with BTC and USDT pairs. To celebrate the listing, we’re hosting a $5000 CRUST Trading competition.
Trade CRU/USDT from August 13th 0:01 UTC - August 20th at 23:59 UTC and secure your spot among the top 10 traders.
It’s not so easy to continuously have success trading crypto. That’s why DeXe brings together experienced trader with those looking to copy their strategies. On the social trading platform, anyone can follow other traders and learn. The native token DeXe is now available on our exchange.
Big enterprises still struggle with using blockchain technology, often due to a lack of scalability. Fantom addresses this need with their DAG (directed acyclic graph) platform, making fast, cheap, and scalable transactions. The FTM token is now live with BTC and USDT pairs.
Computing resources are high in demand, especially among designers or gamers. Golem allows users to rent out their computing resources to those who need them in return for their native GLM token. If you want to add GLM to your portfolio, head to our exchange.
New Podcast Episode
This week, we welcomed Matthew Larby from Realm to our podcast to talk about the NFT metaverse platform, his thoughts on the NFT hype, and the future outlook. Listen here. Thanks for being a part of The Bitcoin.com Exchange Community.