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🚀 Will the doges be allowed in? 🐕

Happy Monday, Geckos!   Once again, in support of Dogecoin (DOGE), Elon Musk has come through with a demand for the Doge.   Our memelord wants cryptocurrency exchange Coinbase to add Dogecoin to its list of supported cryptocurrencies and will also be getting a Shiba Inu himself.   The Tesla CEO tweeted, "Doge day afternoon", and continued, "Why are you so dogematic, they ask… I'm getting a Shiba Inu #resistanceisfutile".   Though Musk has said that his dogecoin-related tweets are for the giggles, his sporadic yet recurrent Dogecoin tweets have nevertheless boosted adoption for the coin, with Shark Tank's Mark Cuban being an advocate of the coin too.    Regardless of whether this is still a joke or not, his vocal support for Doge is definitely making people question his seriousness.    In today's news, Ethereum rolls out a compromise EIP for its miners, the volume of crypto transactions in South Korea surpasses that of the country's stock market and a number of social tokens tanked as Roll gets hacked over the weekend.    Read on!

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REVV is the ERC-20 main utility token and in-game currency for branded motorsports blockchain game titles produced by Animoca Brands, including F1® Delta Time and two upcoming titles based on MotoGP™ and Formula E.   REVV is designed to leverage blockchain interoperability, whereby a token can be utilized across multiple connected gaming ecosystems. The branded motorsport games will be connected by a shared economy made possible by the REVV token - the currency of purchase, utility, and action serving multiple games.   Click here New EIP Tones Down Tension   A new Ethereum Improvement Proposal has been proposed to  quell tensions between Ethereum's miners and developers over EIP-1559.   To ease the impact on miners' revenue, the new EIP-3368 will raise the block reward to 3 ETH and drop 0.25 ETH every quarter up until 1 ETH over a period of two years.    This has garnered mixed responses from miners, where some have agreed to 'rescind from the show of force' while others continue to show force against the upgrade.     Cointelegraph Volume of Crypto Skyrockets in South Korea    The volume of transactions in the South Korean cryptoverse managed to exceed the daily average amount of the country's stock market over the weekend.    This comes after the price of Bitcoin (BTC) rose to a new all-time-high of more than $61,000 over the weekend.    This is in spite of continuous regulatory enforcement, which includes delisting all privacy coins from its domestic exchanges.   Cointelegraph Social Tokens Get Rolled Over    A number of social tokens such as WHALE, RARE and PICA crashed more than 50%, as Roll suffered a security breach.    The founder of WHALE, a social coin backed by a basket of NFTs, confirmed the hack and that 2.17% of the coin's supply had been compromised.   According to MyCrypto.com, the same hacker is now sending 100s of ETH to Tornado Cash (TORN), an Ethereum-based privacy tool used by hackers to cover tracks and withdrawn funds.    CoinDesk

Dump A common term used to describe the downward market movement, or to describe the action of selling an individual's holdings. "The market is dumping!" "I'm dumping all of my tokens.   Learn about other Crypto terms here Read more on CoinGecko

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