Collings Web 3

Spearheaded by Trump’s sons, Eric Trump, Donald Trump Jr, and 18-year-old Barron Trump, the DeFi project will be built on AAVE and Ethereum. It is built to facilitate decentralised borrowing and lending.

On Aug. 21, crypto scammers were able to get over $700k in Solana after using McDonald’s Instagram page to promote and rug a memecoin called "Grimace." The coin was described as a “McDonald’s experiment on Solana,” which was exposed to the fast food titan's 5.1m followers.

While there is a 12% drop in BTC's price during Q2, institutional investors are actively looking into BTC ETFs. Bitwise reported a 14% surge in institutional holders, a climb from 965 to 1,100 in the previous quarter. Said institutions are now managing over $11B in BTC ETFs.