The crypto world is buzzing with developments such as Amber Group recently deposited 1,800 MKR to Binance, OKX will list DOGS on the pre-launch market, and a giant PEPE Coin whale deposited 400 billion tokens worth $4.22 million into Binance. Here is the latest news about MKR, ETH, PEPE Coin and four altcoins:

dYdX Community Approves $5 Million DYDX Distribution

The dYdX community has approved the distribution of $5 million worth of DYDX tokens to investors. This vote was held within the scope of the fifth season incentive plan.

Amber Group Deposited 1,800 MKR to Binance

According to a report from on-chain watchdog The Data Nerd, an address thought to belong to Amber Group recently deposited 1,800 MKR (approximately $4.54 million) to Binance. There currently appears to be only 412.6 MKR (approximately $997,000) left in the address.

Solana's On-Chain DEX Transaction Volume Surpasses Ethereum

According to the information we obtained from Kriptokoin.com, there is a huge increase in Solana's DeFi transactions. According to DeFiLlama data, DEX transaction volume on Solana Blockchain reached $12,006 billion in the last 7 days, surpassing the $11,648 billion transaction volume on Ethereum Blockchain.

Grayscale, Coinbase’e 24.900 ETH Transfer Etti

According to Arkham's tracking, Grayscale transferred 24,900 ETH ($78.4 million) to Coinbase on Friday. This marks a decrease of nearly 80% compared to the 108,800 ETH ($367.6 million) transferred to Coinbase on Monday.

USDC Treasury Printed 50 Million USDC

According to data from whale-watching platform Whale Alert, on August 3, the USDC Treasury minted 50 million USDC on the Ethereum network.

OKX to List DOGS on Pre-Launch Market

Leading cryptocurrency exchange OKX announced that it will list DOGS on its pre-launch market. Users will be able to trade pre-market futures for DOGS with USDT margin starting August 5, 2024. This feature allows users to trade futures on cryptocurrencies that are not officially listed.

Giant PEPE Coin Whale Made Profit!

PEPE Coin has attracted a lot of attention with significant price increases in recent months. Despite market fluctuations, many PEPE Coin investors are hopeful of making significant gains. According to on-chain watchdog Lookonchain, a PEPE Coin whale has decided to cash out his earnings. Whale deposited and sold 400 billion PEPE Coins worth $4.22 million on Binance. Lookonchain shared the following:

“A whale deposited 400 billion PEPE ($4.22 million) on Binance to make a profit in the last hour. Whale withdrew 795.92 billion PEPE ($2.55 million at the time) from Binance on March 1 and currently has 395.93 billion PEPE ($4.18 million) remaining. The total profit from PEPE is 5.85 million dollars and the return on investment is 230%!”

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