Daily Summary on August 5, 2025 $MNT $PUMP $M $LTC $UNI #ET | Phoenix Group on Binance Square

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Daily Summary on August 5, 2025

$MNT $PUMP $M $LTC $UNI #ETH #BTC $SOL $XRP $MYX

#dailysummary #DeFi #Crypto 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

117,560.92

-4.22%

ETH

4,473.67

-6.13%

SOL

188.01

-6.44%

195

0

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Wormhole has launched the Portal Earn points program for its Portal app #Wormhole kicked off the Portal Earn points program, allowing users to earn points and rewards for bridging or swapping assets across chains via #Portal, with additional multipliers available for staking $W tokens on Portal Earn. Additionally, the more users engage, the more XP they will earn by unlocking boosts and status tiers. Wormhole is the leading cross-chain protocol, enabling secure transfer of data or tokens across the top blockchains. 👉 x.com/wormhole/status/1955991663312343393

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Mesh secured additional funds in a recent funding round #Mesh secured additional funds in a recent funding round led by Paradigm, with participation from PayPal Ventures, Coinbase Ventures, Uphold, SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures. This funding round brings Mesh’s total funding to over $130M. Mesh is a modern financial operating system that provides enterprise clients with the ability to enable digital asset transfers, crypto payments, account aggregation and registered securities trading, all within their platform. 👉 x.com/meshconnectapi/status/1955965507472867697

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Turkish exchange BtcTurk sees $48M in suspicious outflows amid hack concerns #BtcTurk suspended crypto deposits and withdrawals after Cyvers detected around $48M in suspicious transfers across #Ethereum , #Avalanche , #Arbitrum , #Base, #Optimism, #Mantle, and #Polygon. The company reported that most of the funds were moved into two addresses, after which the attacker started swapping assets. 👉 theblock.co/post/366953/turkeys-oldest-crypto-exchange-btcturk-halts-deposits-withdrawals-after-48-million-in-unusual-outflows

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MetaMask is reportedly preparing to launch its stablecoin this week The #MetaMask stablecoin (mUSD) was revealed to be in development after a governance proposal was accidentally published and quickly removed last week. The stablecoin is supported by partnerships with #Bridge for payments infrastructure, #M0 for issuance, and #Blackstone for custody and treasury management. MetaMask’s decision to launch a branded stablecoin is motivated by the chance to earn a share of the yield from underlying stablecoin assets, typically short-term, highly liquid securities like U.S. Treasuries. 👉 coindesk.com/business/2025/08/13/ethereum-wallet-metamask-said-to-unveil-its-own-musd-stablecoin-this-week

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LIQUIDATION DATA IN 24 HOURS TOTAL LIQUIDATIONS: UP TO $1.0B TOP 5 COINS WITH HIGHEST LIQUIDATION: $ETH ~ $307.24M $BTC ~ $252.97M $SOL ~ $72.71M #XRP ~ $62.39M #DOGE ~ $36.64M #Blockchain #DeFi #liquidation

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