0xScope Newsletter #58: See You At Korea Blockchain Week!
Also: We completed the distribution of $MNT rewards for the 0xScope x Mantle AI Fest, opened up more options for prize redemption regarding $mSCOPE, and more!
0xScope Goes to Korea Blockchain Week!
The 0xScope team is flying to Seoul, South Korea, for Korea Blockchain Week, where we will meet with the movers and shakers at the intersection of Web3 and AI.
We're proud to be Delysium's co-host for its upcoming side events at KBW, and we’d like to meet you there to discuss how 0xScope can help propel your Web3 business into the AI-powered future!
Meet the 0xScope team in Seoul from Aug. 31 to Sept. 7. Contact us via DM on the 0xScope X/Twitter account for more details.
AI Fest Top Prize, $MNT Distribution, $mSCOPE Options
Good News: We recently finished distributing the 300,000 $MNT prize pool from the 0xScope x Mantle AI Fest. To our 0xScope community, thank you so much for joining the AI Fest, and congratulations to all the winners!
We would also like to thank Mantle for recognizing 0xScope as the top project based on the number of users and transactions brought into the Mantle ecosystem. 0xScope is proud to be your partner in moving Web3 + AI forward.
One more thing: At 0xScope, we value your insights and feedback. So we've decided to give you two choices for getting your rewards:
Option 1: Keep Your Rewards. Retain all your earned $mSCOPE (0xScope tokens) + the $MNT rewards. No action is needed.
Option 2: Request a Refund. Get a refund on your AI Trading fees from the campaign. You will still receive 30% of the $mSCOPE you earned + your $MNT rewards.
Please go to https://ai.0xscope.com/campaign from Aug. 28, 10 AM UTC, to Sept. 11, 10 AM UTC, to request a refund. Option 1 will be the default choice if you do not go for the refund after this period.
Note: The other 70% of the $mSCOPE from the users who picked the refund option will be re-distributed to those who chose to keep their $mSCOPE rewards.
By giving our users the freedom of choice, the 0xScope team shows its dedication to doing what's best for the community. We sincerely hope you will continue this journey with us, as more exciting products and campaigns are coming. We thank you for your continued support of 0xScope.
On-chain Data
Exchange assets grow by $6B as markets rebound
The $6B in asset growth that exchanges saw in the previous week had just been wiped out, and then some, as crypto markets slowed down for most of the past 7 days. Amid this week’s $7.1B net asset declines, only one exchange managed to buck its peers’ downward trend: Kraken, with 1.59% growth. Meanwhile, Binance saw the heaviest decline, accounting for $6B of the losses, or -5.30%.
Upcoming token unlocks for $ZETA, $DYDX
This week, watch out for two major token unlocks on September 1: $8.1M worth of $DYDX tokens and an even bigger $26.75M unlock for $YGG.
If you're a supporter of these tokens, please be mindful of potential price fluctuations in the days to come, and follow the 0xScope Twitter account for more information.
Company Announcements
0xScope Co-Founder Shares Web3 + AI
Our Co-Founder Jackson shares his insights about the latest innovations in Web3 + AI. In this Chinese-language AMA hosted by ZAN, Jackson is joined by other prominent thought leaders in the Web3 space, so make sure to catch this X/Twitter Space happening on Aug. 29.
Subscribe to Scopechat Pro
Scopechat Pro is our new membership system for a next-level AI-powered crypto trading experience. With Scopechat Pro, you can enjoy the following benefits for as little as $14/month for the annual plan!
Subscribe to Scopechat Pro today! Pay using your credit card, Scopepoints, or crypto (we support Ethereum, Arbitrum, Base, and Optimism networks).
Be the Next 0xScope Ambassador!
0xScope is looking for talent! Passionate about growing your community and showcasing your investigation skills? Become a 0xScope Ambassador, lead the charge, and get a chance to be featured here! If you think you are a good fit or know somebody who is, please reach out at hr@0xscope.com.
Quick Bites
Bitcoin price falls below $59K amid broad market rout; Ether slumps almost 10% - LINK
Telegram-linked TON blockchain suffers second outage - LINK
How Telegram founder’s arrest echoes Tornado Cash prosecutions - LINK
OpenSea NFT marketplace targeted by SEC in potential securities case - LINK
Crypto markets poised for resurgence as Fed signals looming rate cuts: analysts - LINK
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KOREA - Language’s Vietnamese (vi)