Daily Crypto NewsEDITION #1041, 28 August

A Letter of Freedom from Us to Durov

Today in the U.S. is Dream Day. Well, with this market and these news, dreaming is all we can do, seriously.

Now, let's quickly cover the important stuff. We value your time because time is Moni.

What's up?

Everyone's talking about it: Yesterday, the TON community started a flash mob. They’re collecting signatures for the release of Pavel Durov.

Yes, for many, it seems like a joke, but it's worth signing. As of this post, they've gathered 1.8 million. They need 5.

Sybils, get your farms ready!

Maybe there will be an airdrop. Just kidding.

Let’s keep supporting Pavel Durov, even if just morally.

Also important news:

– On this note, TON was down for almost 5 hours, not producing blocks. Now they’re saying it’s back up and running.

TON = the second SOLANA. It’s official now. SOLANA went through something similar, and it’s doing fine. TON will get through it too.

– Swell is allocating 1% of tokens for a Loyalty Bonus. If you’ve been providing liquidity in Swell for a while, you’ll get more of an airdrop.

In short, the bonus will depend on how long you’ve held, not on the amount. If you've held for all epochs, bigger bonus; if only one or two, smaller.

– Holding ETH in Puffer? There’s going to be an airdrop from GammaSwap!

2% will go to pufETH holders. You can claim it on September 9th.

– Crypto Twitter is warning that September is the most boring month in crypto. Historically, that’s true. But after that, things should get more exciting.

Overall, we recommend gradually getting back to work in September. No stress, no sleepless nights, but start preparing for a more emotional and interesting market.

– Sonic’s testnet chain is next week. We’re expecting there might be point farming.

– We’ll end the digest with this: Revenue for Justin Sun’s SumPump platform = $382k in the last 24 hours.

And Four.meme = Almost $2k...

When we saw the news that a pump.fun analog was launching on BSC, we didn’t even bother including it in the digest. And it was the right move.

BNB-Chain (aka BSC) is great for user tasks like sending USDT. Sometimes there are good projects.

But neither L2 nor things like this really take off there.