News from AAVE, VENOM, TRX Coin and these 6 altcoins!

SUNDOG will be available on Bitget PoolX and CandyBomb

Cryptocurrency exchange Bitget's mining pool, PoolX, and decentralized exchange CandyBomb will launch SUNDOG on August 21st.

People who want to earn SUNDOG will need to stake ETH on PoolX products. The individual staking cap will be 8 ETH. The total prize pool is 1,003,900 SUNDOG, and the staking opening time is between August 21 at 19:00 and August 31 at 19:00.

Also, CandyBomb transactions will share SUNDOG. The total prize pool is 717,100 SUNDOG. The event time will be between August 21, 19:00 and August 28, 19:00.

Aave's daily active addresses reach one-year high

According to data from on-chain analytics platform IntoTheBlock, Aave saw a record increase in the number of daily active addresses. Accordingly, active addresses reached 1,730 yesterday, the highest level in nearly a year.

Conflux Network and China Mobile Migu collaborate

Conflux Network is about to launch the world's first Blockchain-based video ringtone. In this context, Conflux announced a partnership with China Mobile. The strategic alliance reportedly aims to launch cutting-edge digital collections such as video RBT (ringtone), digital identity (DID) and Blockchain communication hardware through China Mobile’s digital content department Migu, all of which are driven by the Conflux TreeGraph public Blockchain.

This product will be the first digital collectible video ringtone based on a public Blockchain. Called the “MIGO and His Friends ConFi” series, the series will debut on August 23, 2024 at 10:00 am Beijing time. It will also be possible to purchase the Migu Music App from the ‘Digital Collections’ section.

TRON Network (TRX Coin) will increase its energy limit!

Justin Sun pointed out on his social platform the recent increase in TRON Network (TRX Coin) activity. Therefore, he said that there is an energy shortage. In this regard, he stated that they have informed the Super Agents. Today, TRON Network (TRX Coin) plans to increase the energy cap. Also, the team aims to significantly reduce energy costs and fees.

Tether plans to develop a stablecoin pegged to the UAE currency

Tether, the developer of the world's largest stablecoin, plans to work with Phoenix Group (PHX), a cryptocurrency group listed in Abu Dhabi, to launch a stable token to the UAE dirham, the company announced. The announcement stated that Tether plans to obtain a license for the dirham stablecoin under the Payment Token Services Regulation issued by the UAE Central Bank in June.

Mirana Ventures transfers 29.5 million USDT

Mirana Ventures transferred 29.5 million USDT from Bybit to Binance, according to on-chain observer Scopescan. Analysts say this could be related to Mirana's relationship with the TON Foundation and the recently listed meme coin.

OKX delists DMAIL, VENOM and REN!

Leading cryptocurrency exchange OKX is set to delist DMAIL, VENOM and REN margin trading pairs. The exchange also announced that it will delist these tokens from its perpetual futures list. OKX stated that the goal is to improve liquidity and trading experience. As part of the delisting process, the exchange will cancel related trades and active orders. It will also close pending positions based on the average OKX index price.

As you have been following on Kriptokoin.com, the market is losing altitude today. However, some tokens saw further declines. Following the news of OKX's delist, DMAIL price saw a vertical drop. The token lost more than 9% on a daily basis. VENOM suffered a roughly similar fate. The token saw a drop of about 4%.