Crypto Project Updates and Global News Highlights
Latest Highlights
Project updates:
- Linea— $LINEA token deployed on Ethereum and Linea. Checker expected Aug 31, TGE set for Sep 16.
- Opensea— new $50 swap task on any network, deadline Aug 29.
- Pharos— new “Brokex Testnet Badge” mint for 1 $PHRS.
- Symbiotic— launched a Galxe quest with quiz answers: C, A, A, A, C.
- Somnia— unveiled tokenomics: 1B $SOMI total, 160.2M circulating at launch, 27.9% for community.
- Irys— raised extra $10M, plus new Galxe quest live.
- Pi Squared— new social quests available for points.
- Kaito— distributed more tokens to stakers, claimable on their site.
Global news:
- Galaxy, Jump, and Multicoin raising $1B to buy Solana.
- Reports suggest Binance may be suppressing Solana’s market cap via Wintermute to protect BNB.
- Coinbase laid off developers who refused to integrate AI tools.
- Willy Woo links BTC’s slow growth to long-term holders who bought around $10 in 2011.
- Ex-Bitmain execs, backed by YZi Labs, launch new company aiming for Nasdaq listing.
The Evolution of the Crypto Market
The mix of project updates and big money moves shows the market is evolving fast – from new tokens to billion-dollar bets on Solana.
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