Cryptocurrency
Binance pledges $3 million in BNB to Morocco earthquake victims

After a large earthquake hit Morocco causing at least 2,000 fatalities in Marrakech alone, Morocco’s fourth largest city, the cryptocurrency exchange Binance pledged millions in Binance Coin (BNB) as aid relief.
According to an announcement on Sept. 11, a few days after the disaster struck, Binance said it will airdrop up to $3 million in (BNB) to users it has identified to be living in the affected areas.
The earthquake was identified as a magnitude 7 on the Richter scale, which categorizes it as “major.”
Changpeng Zhao (CZ), the founder and CEO of Binance, called the impact of the earthquake “devastating” to the Moroccan people and said his heart goes out to the country.
Our hearts go out to the people in Morocco#Binance to donate $3,000,000 in #BNB to our users in Morocco
We standby our users in times of need. Stay strong. https://t.co/lQzLvhuuQ3
— CZ Binance (@cz_binance) September 11, 2023
He also called for users to distribute the funds to those most in need if they weren’t affected by the incident.
“For Moroccan users who receive these donations but are unimpacted by the earthquake, we ask them to pass the funds on to those most in need.”
Binance said it will identify users in the region using a Proof of Address (POA) protocol that was completed prior to the disaster on Sept. 9. Users who have done so and are shown as located in the Marrakech-Safi province, the most affected region, will receive $100 worth of (BNB) directly to their Binance accounts.
Related: Oprah and The Rock collect crypto donations for Maui wildfire victims
For Moroccan users outside of the most critical province, Binance plans to airdrop $10 in (BNB) each. It expects nearly 70,000 Binance users living in Morocco to be affected by the aid in some capacity starting on Sept. 12.
It said it has also created a public wallet address which is accepting contributions for additional aid, which can be made in (BNB), (BTC), (ETH), (USDC), (USDT), or (BUSD).
In March, Binance also rose to the occasion and delivered a similar aid scheme to those affected by the violent earthquakes that hit the Turkish-Syrian border region, also with $100 airdrops in (BNB) tokens.
Crypto has been increasingly used as a medium in which aid is being made accessible to victims of disasters and as a means of charity.
During the Turkish-Syrian earthquake devastation, alongside Binance, many major players in the Web3 space also used crypto as a means of dispersing aid to impacted communities. This included metaverse developer the Sandbox, Bitget, Tether and Gate.io, among others.
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Cryptocurrency
Coinbase Tanks 11% Pre-Market After $1.5B Q2 Revenue Miss

Coinbase shares fell sharply after the company reported second-quarter earnings that missed expectations. Total revenue for the quarter came in at $1.5 billion, representing a 26% decline from the previous quarter.
The shortfall was largely driven by weaker-than-expected transaction revenue, which fell 39% quarter-over-quarter to $764 million.
Missing Expectations
In the official release, Coinbase revealed that its subscription and services revenue also declined 6% to $656 million. Despite efforts to reduce variable costs, operating expenses climbed 15% to $1.5 billion. Coinbase attributed this largely to the $307 million hit related to the data breach disclosed in May.
The crypto exchange recorded a net income of $1.4 billion, but this figure included $1.5 billion in pre-tax unrealized gains from strategic investments, including in Circle, as well as a $362 million pre-tax gain from its crypto investment portfolio. On an adjusted basis, net income stood at just $33 million, with adjusted EBITDA reaching $512 million.
Coinbase’s trading activity also underperformed the broader crypto spot market, as global and US crypto spot volumes declined 31% and 32% respectively. Meanwhile, its total trading volume fell 40% to $237 billion, and the consumer segment witnessed a 45% drop to $43 billion.
Consumer transaction revenue plunged 41% to $650 million, as volume shifted toward Simple trades amid low volatility. Institutional transaction revenue also saw a similar pattern, down 38% in both volume and revenue.
While Base Chain activity grew, other transaction revenue dropped 21% as average revenue per transaction declined.
As of the close on the previous trading day, Coinbase (COIN) shares were priced at $377.76, up slightly by $0.28. However, pre-market trading shows a sharp decline, with the stock down $42.30 (-11.20%) to $335.46. This steep drop suggests a strong negative reaction from investors, likely in response to recent earnings results.
Despite grappling with declining revenues and rising costs, Coinbase is doubling down on product innovation.
“Everything App”
Earlier this month, Coinbase rebranded its Wallet as the Base app, launching a crypto-focused “everything app” that merges trading, social media, USDC payments, mini-apps, and tokenized posts.
Announced at its “A New Day One” conference, the app runs on Coinbase’s Ethereum Layer 2 network and integrates Farcaster for social feeds, Zora for post tokenization, and encrypted XMTP chat. Users can earn from tips, interact with AI agents, and make one-tap payments.
The platform also introduced Base Pay for Shopify merchants and plans 1% USDC cashback in the US. The app is in beta, while a full public release and developer tools are expected soon.
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Cryptocurrency
Dogecoin Slides 8% but Long-Term Channel Holds, Can DOGE Rebound?

TL;DR
- Dogecoin dropped to $0.20, moving in a $0.23 to $0.20 range during heavy selling.
- Analysts see support in the long-term channel and a wedge pattern aiming for $0.265.
- Large holders bought 310 million coins, while Bit Origin added 40 million to reserves.
Dogecoin Records Sharp Daily Decline
Dogecoin (DOGE) fell 8% in the past 24 hours, dropping from $0.22 to $0.21. This was one of the steepest daily moves for the token in July. The price action moved within a $0.23 to $0.20 range, facing resistance at the top and heavy selling near the session close.
However, trading volumes spiked, with a midnight surge to 1.25 billion DOGE, which points to large liquidations and cascading sell orders from leveraged positions.
Dogecoin trades at $0.20 as of press time, down 11% over the past week, giving it a market cap of $31 billion.
Long-Term Channel Remains Intact
Trader Tardigrade shared a 1-month chart showing DOGE inside a long-term ascending channel that has held since 2014. DOGE has often bounced from the lower boundary of this channel, shown in pink on the chart.
$Doge/M1#Dogecoin Long term Channel has been established pic.twitter.com/m8nfq29Q8M
— Trader Tardigrade (@TATrader_Alan) August 1, 2025
Meanwhile, the current price is near the lower-middle part of the channel, an area that has led to multi-month rallies when the trend held. Dogecoin’s long-term structure stays intact while it trades within this ascending channel, even after the recent decline.
In addition, Trader Tardigrade also noted that Dogecoin’s monthly candle closed as the third consecutive bullish engulfing candle, which he described as a setup for a potential “move to Valhalla.”
Short-Term Wedge and Institutional Activity
Ali Martinez noted that DOGE may be forming a falling wedge on the 1-hour chart, with a projected target of $0.265. A move above $0.229–$0.230 would confirm bullish momentum, while $0.215–$0.210 remains key support if the wedge fails.
Dogecoin $DOGE could be forming a falling wedge, which projects a target of $0.265! pic.twitter.com/P9WQbMrXfI
— Ali (@ali_charts) July 31, 2025
Institutional wallets acquired 310 million DOGE during the correction. Bit Origin added 40 million DOGE to its treasury under a $500 million diversification program. Broader crypto markets remain pressured by macroeconomic uncertainty, with inflation and equity risk shaping short-term demand.
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Cryptocurrency
Pepe Dollar ($PEPD) Presale Picks Up Pace as Ethereum (ETH) Hovers Over $3,600

[PRESS RELEASE – Covina, United States, August 1st, 2025]
Within the Ethereum ecosystem, Pepe Dollar ($PEPD) has entered its presale phase. Described as a meme token with integrated utility and cultural references, $PEPD introduces a tokenomics structure intended for long-term application. Certain Ethereum wallet holders have initiated ETH transfers to the presale, indicating early transactional activity.
Overview of $PEPD’s Positioning
Pepe Dollar ($PEPD) enters the market as a parody token referencing central banking themes, aiming to engage users through cultural commentary and decentralized finance (DeFi) mechanisms. Unlike traditional meme tokens, which often adopt simplified or repetitive token structures, $PEPD integrates design elements that combine cultural motifs associated with Pepecoin and components of DeFi architecture.
Comparison to Prior Meme Tokens
Pepe Dollar ($PEPD) enters the Ethereum ecosystem following the emergence of other meme tokens such as Pepecoin ($PEPE), $BONK, $LILPEPE, and $HYPER. The $PEPD model incorporates a tokenomics framework that includes a burn mechanism framed as a commentary on centralization. Its listing on CoinMarketCap has contributed to broader visibility. On-chain data indicates that several large Ethereum wallets have begun transacting with the token during its presale phase.
Pepe Dollar Presale – ETH’s Capital Rotation
Pepe Dollar’s presale architecture and project identity offer a compelling setup:
Presale Fundamentals:
- Current Price: $0.004688
- Tokens Sold: 166,938,905
- Next Presale Price (Stage 2): $0.006495
- Launch Price: $0.03695
Tokenomics and Supply
Pepe Dollar ($PEPD) will have a fixed supply of 3.6951 billion tokens. According to the project, 29% of the total supply is scheduled to be permanently removed at launch through a mechanism termed the “Federal Burn,” which is framed as a symbolic reference to traditional inflationary monetary systems.
Additional details disclosed by the development team include:
- No developer tax mechanisms
- No backdoor unlock functions
- A publicly documented tokenomics model
Ethereum-Native Infrastructure
Pepe Dollar is designed to launch natively on Ethereum and integrate with existing Ethereum-based DeFi tools. The protocol includes functionality to support a meme asset minting platform, enabling users to create, deploy, and govern new assets using $PEPD. The project describes itself as operating at the intersection of cultural commentary and decentralized finance.
Project Links and Official Channels
About Pepe Dollar ($PEPD)
Pepe Dollar ($PEPD) is a decentralized Layer-2 payment infrastructure designed for the meme economy. Positioned as a satirical digital asset, $PEPD offers an alternative approach to traditional financial systems and aims to facilitate value creation within decentralized ecosystems.
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