Parcl's Official Website Frontend Hacked | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• No trends of note.

2. Cryptocurrency Trends:

• Parcl's official website hacked on the frontend, potentially affecting users' assets in Solana wallets.
• Kaiko Research reports that rate cuts are unlikely to limit the appeal of tokenized Treasuries.
• ZachXBT reports that suspicious transfers have been detected, with potential victims losing $238 million in Bitcoin.
• BRN Analyst suggests that the Fed Chairman's speech at the Jackson Hole conference may lead to increased BTC price volatility.
• BNB Chain launches a three-month BNB Chain Gas Grants Program, offering over $1 million in rewards.
• Rango announces new roadmap and expects to issue tokens in 2025.
• Data shows that the pump.fun protocol's revenue has surpassed that of Ethereum over the past 7 days.
• Former Coinbase CTO founds The Network School—a Web3 innovation university in Singapore.
• Gate Ventures and The Blockchain Center in Abu Dhabi to launch Falcon Gate Ventures, a $100 million fund.

3. Financing Trends:

• Corn, a Bitcoin-centric yield-generating network, raises $6.7 million in funding.
• Fabric, a crypto hardware startup, raises $33 million in a Series A funding round co-led by Blockchain Capital and 1kx.
• Digital asset trading platform BiFinance completes $10 million Series A funding round.

4. Regulatory Trends:

• Nigeria to introduce a bill to tax crypto by September
• Nigeria's Securities and Exchange Commission (SEC) issues the first provisional operating license for local crypto exchange Quidax.