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ZachXBT reveals wallets of analyst Murad Mahmudov, angers memecoiners

Crypto sleuth ZachXBT has rilled up the memecoin community after exposing the holdings of Murad, a micro-cap memecoin promoter with a following on X (formerly Twitter) of more than 200,000 users.  The well-known investigator shared the details of 11 wallets he believes belong to Murad Mahmudov and noted they collectively hold roughly $24 million in memecoins. He claimed the wallet reveal would allow the community to “monitor [Murad’s] future activity” and added that Murad is making “very bold predictions about micro-cap memecoins to thousands and thousands of followers while controlling the supply.”  “People deserve to make more informed decisions about the coins they buy,” he said.  Murad, who previously owned a failed bitcoin fund called Adaptive Capital is trending in the memecoin community after he gave a speech during TOKEN2049 about a ‘ memecoin supercycle .’ This thread is a graveyard of paid group leaders and low cap shillers lmao@zachxbt absolutely cooki...

Final Zeus Network testnet launches with 15,000 wallets in the first 72 hours

Zeus Network, a permissionless communication layer on Solana (SOL), has launched the final testnet for its first decentralized application APOLLO, according to the latest info shared with Finbold on August 12. Built on the Zeus Program Library (ZPL), the testnet has seen 15,000 wallets connected within 72 hours, underscoring the potential of integrating Bitcoin (BTC) liquidity with the Solana ecosystem. The APOLLO testnet The APOLLO testnet is designed to optimize the role Bitcoin plays in decentralized finance (DeFi) on Solana, enabling users to convert Bitcoin to Solana’s native zBTC token.  Picks for you Crypto expert Michaël van de Poppe updates altcoin portfolio 1 hour ago Fund manager bets $2.7 billion on imminent recession ...

Is BlackRock selling its Bitcoin?

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BlackRock (NYSE: BLK) has actively accumulated Bitcoin (BTC), especially for the exchange-traded fund (ETF) managed by its subsidiary, iShares (IBIT). Yet, investors wonder if BlackRock is selling its BTC in the face of the recent crash that suddenly shifted the cryptocurrency market‘s sentiment. According to the on-chain analyst known as Maartun , BlackRock could indeed be selling Bitcoin today, on August 7. As reported, monitored BlackRock wallets moved 632 BTC to a recently created wallet. However, the analyst explained that he is unsure whether this is a selling activity on Coinbase or an internal transaction. Transaction 05b1c01a29040d3bca0edb5ca3d8ca822b86402a7e89e61e87da4f6be21fbca3. Source: mempool.space BlackRock’s “not selling” previous behavior Previously, Maartun surprisingly pointed out that BlackRock’s wallets remained untouched despite the crash, following up with the recent Analysis .  ...

Pyth Network’s token launch hits $468m cap, airdrops to 90k wallets

Pyth Network’s token debuts with a $468 million market cap and an innovative airdrop to 90,000 wallets. Pricing oracle service Pyth Network today launched its cryptocurrency token PYTH, immediately gaining a substantial market presence. As of its first trading day, the token’s market capitalization was approximately $468 million, with its value initially set at around $0.53 per token, fluctuating to $0.34. Pyth Network issued an airdrop to about 90,000 wallet holders. These recipients are granted a 90-day window to claim their PYTH token s, playing a pivotal role in the network’s on-chain governance processes. Today marks the launch of the Pyth Network’s permissionless mainnet, ushering in a new era of token-led governance for the protocol. Ecosystem participants can actively engage in Pyth Governance by locking their $PYTH Tokens in the Pyth staking program to cast votes on community… pic.twitter.com/KNmwWptD3K — Pyth Network (@PythNetwork) November 20, ...

Spotify started testing Web3 wallets integration

The users can access the token-enabled playlists from Overlord, Fluf, Mooonbirds and Kingship with their NFT wallets. Music streaming platform Spotify expands its Web3 efforts by testing token-enabled playlists in several key markets.  Overlord, a Web3 gaming ecosystem, reported on Feb. 22 the start of its partnership with Spotify. The token-enabled community-curated playlist from Overlord may now be accessed via Web3 wallets of those who hold the Creepz nonfungible tokens (NFTs) on Spotify. For now, only Android users from the United States, United Kingdom, Germany, Australia and New Zealand can unlock the playlists.  Other participants in the three-month pilot are Fluf, Moonbirds and Kingship metaverse communities. While Fluf and Moonbirds didn’t share any details on their partnership with the streaming service publicly, Kingship confirmed its participation in a pilot on Twitter. To unlock the tracklist, including the hits by Queen, Missy Eliott, Snoop Dogg and Led Zeppelin, the...