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Trump's second son: I really fell in love with cryptocurrency/DeFi, please look forward to major announcements
Eric Trump, the second son of former US President Donald Trump and current executive vice president of the Trump Organization, posted on social media, "I really fell in love with cryptocurrency/DeFi (decentralized finance). Stay tuned for major announcements."
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Altcoins followed the market rebound, PENDLE rose more than 23% in 24 hours
In the recent market uptick, several altcoins have experienced significant gains:
🔼PENDLE rose by 23.24%, reaching $2.763.
🔼TNSR increased by 20.4%, trading at $0.3337.
🔼AXL saw a 16.79% rise, now priced at $0.5062.
🔼JUP went up by 11.33%, with its current value at $0.8377.
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Former CoinShares CSO Meltem Demirors Launches Venture Capital Firm
Meltem Demirors, former CoinShares CSO, is launching Crucible Capital, a Delaware-based venture capital firm. Crucible is raising $30 million and $45 million for two funds. Despite no external capital shown in SEC documents, informal commitments or other fundraising methods may exist.
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Binance Labs invests in Solana restaking protocol Solayer
Binance Labs has invested in Solayer, a Solana restaking protocol. The protocol is currently the 13th largest Solana protocol, according to DeFiLlama.
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GSR Markets Receives 6,500 ETH from Genesis Trading
On-chain data analyst ai_9684xtpa reports that GSR Markets' Binance deposit address has received 6,500 ETH from Genesis Trading, worth $16.47 million. This completes the transfer of 12,433 ETH from Genesis Trading to the transit address 0xa76...D331e over the past five days, now fully deposited into the trading platform. It remains uncertain if these funds will be sold as stablecoins for compensation.
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Copper Partners with Core, Offering Custody and Staking Support for Institutions
The Core Foundation, contributors to Core, a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking, today announced it has entered into a strategic partnership with Copper, a leader in digital asset custody, collateral management and prime services. Copper will support the CORE token and staking activities.
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The founder of Amaranth Foundation added 1,620 ETH in the past hour
according to the monitoring of on-chain data analyst ai_9684xtpa, the founder of Amaranth Foundation added 1,620 ETH in the past hour, with an average opening price of $2,468
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Ethena Labs announces integration with Solana to support SOL as collateral asset
Ethena Labs announced integration with Solana, users can buy and sell its USDe stablecoin on Solana, use USDe for transactions, and accumulate Ethena's native rewards through sUSDe. In addition, SOL has been added as a collateral asset for USDe.
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Grayscale transferred 1,400 BTC, of which 700 were transferred to Coinbase Prime address
Grayscale transferred 700 bitcoins (worth approximately $40.01 million) to the Coinbase Prime address 9 minutes ago, and another 700 bitcoins (worth approximately $40.01 million) to an unmarked address.
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Meson responded to "delisting OKX": There is no problem with itself and it will not succumb to external pressure and interference
meson network responded to the recent community FUD on social media, saying that it has noticed the recent news and the concerns it has caused. From an official perspective, it is committed to maintaining a high signal-to-noise ratio strategy, where the signal is the product, business model and cash flow, and the noise includes anxiety-provoking issues.
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SUI rose above $0.64, up 12.6% in 24 hours
focusing on investing in the SUI token of the Sui protocol.
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Trump may cooperate with Dogetoshi to launch real estate tokenization project
On August 7, Coinotag quoted sources as saying that Trump's new project may be a real estate tokenization project and may cooperate with blockchain developer Dogetoshi. The project will use blockchain to integrate real estate investment and DeFi.
Michael Saylor: Bitcoin will "repair" corporate balance sheets
According to financial reports, MicroStrategy co-founder Michael Saylor posted on the X platform that Bitcoin will "repair" the company's balance sheet. The post is a comment on an article by macroeconomics expert and writer Lyn Alden, which explores corporate financial practices, why companies have historically tended to self-decapitalize, and the logic behind some companies hoarding Bitcoin.
Arkham adds 24 new fundraising address tags including Berachain and Scroll, with a total fundraising amount of US$500 million
On August 7, according to official news, Arkham added 24 new fundraising address tags including Berachain and Scroll, and these projects raised a total of US$500 million.
Among them: Berachain (US$100 million), Scroll (US$87 million), Gnosis Safe (US$44 million), Movement Labs (US$21.2 million).
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Solana Ecosystem Meme Tokens See General Rise, POPCAT 24-hour Increase 36%
On August 7, according to market data, Solana Ecosystem Meme Tokens See General Rise, Among Which:
POPCAT 24-hour increase 35.4%, currently quoted at $0.594;
MUMU 24-hour increase 30.6%, currently quoted at $0.0000733;
WIF 24-hour increase 27%, currently quoted at $1.74;
MEW 24-hour increase 19.9%, currently quoted at $0.00598;
BOME 24-hour increase 9.6%, currently quoted at $0.00718.
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Arthur Hayes: The dissolution of the yen carry trade may cause global market turmoil, and cryptocurrencies face significant volatility
Arthur Hayes warned that Japan's unwinding yen carry trade could disrupt global financial markets. He expects potential interventions by the Bank of Japan and US authorities to stabilize markets. For Bitcoin, Hayes suggested that its performance could signal market expectations about these interventions. If Bitcoin rises with yen fluctuations, it implies confidence in rescue measures. Conversely, if Bitcoin moves with traditional markets, it suggests skepticism. Hayes advised cautious leverage use and vigilant position monitoring to avoid liquidation risks.
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Wintermute Founder Clarifies ETH Transactions Amid Speculation
Wintermute CEO Evgeny Gaevoy addressed questions on social media about recent ETH sales, clarifying that the firm has been buying ETH. He did not specify if purchases were OTC or via trading platforms. Previously, Wintermute transferred significant amounts of ETH to Binance, including 17,368 ETH on August 7 and 22,460 ETH on August 5. Gaevoy did not comment on these transactions.
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Arbitrum now supports USDC as a custom gas payment token
According to official news, Arbitrum Orbit chain can now use USDC as a custom Gas token. This integration opens the door to building new applications, including applications that require payment channels to achieve a frictionless user experience.
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Bloomberg: MicroStrategy founder personally holds over $1 billion worth of Bitcoin
Bloomberg reported that MicroStrategy founder Michael Saylor said he personally holds more than $1 billion worth of Bitcoin.
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Do Kwon's extradition to Korea is still pending
The Supreme Court panel will decide by the end of the week whether to delay the extradition of cryptocurrency king Hyong Do Kwon to his home country.
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New York Fed: Ethereum builders largely complied with Tornado Cash sanctions
According to Coindesk, a new report from the Federal Reserve Bank of New York stated that Ethereum block builders have largely cooperated with the sanctions on Tornado Cash.
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Grayscale address transfers another 131.27 BTC to Coinbase Prime
the Grayscale address transferred 131.27 BTC to Coinbase Prime again 7 minutes ago.
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The Bitcoin spot ETF has a net outflow of 1,899 BTC, and the Ethereum spot ETF has a net inflow of 44,447 ETH
9 Ethereum spot ETFs had a net inflow of 44,447 ETH, of which BlackRock had a net inflow of 43,935 ETH.
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The three major U.S. stock indices opened higher, with the Nasdaq up 1.5%
the Dow Jones Industrial Average rose 230 points, the S&P 500 rose 1%, and the Nasdaq rose 1.5%. Star technology stocks performed well, Micron Technology (MU.O) rose 5%, the company may repurchase shares, TSMC (TSM.N) rose 4%, ASML (ASML.O) rose 4%, and Nvidia (NVDA.O) rose 3%. Disney (DIS.N) fell 2.6%, and the company warned that the theme park business was under pressure. Airbnb (ABNB.O) fell 14%, and the third-quarter revenue outlook was worse than expected. Novo Nordisk (NVO.N) fell 6%, and the company unexpectedly lowered its full-year profit expectations.
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Open-source block browser Blockscout completes $3 million seed round of financing, led by 1kx
the open source block browser Blockscout announced the completion of a $3 million seed round of financing, led by 1kx, with participation from Primitive Ventures and Gnosis, and angel investors including Evan Van Ness, Alex Svanevik, Kartik Talwar, Anton Bukov and Stefan George. Blockscout plans to use the funds to further build its product suite and improve the user experience, such as integrating social elements and AI-enabled tools directly into the dashboard.
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Grayscale launches SUI and TAO crypto investment trusts
crypto asset management company Grayscale has added Bittensor (TAO) and Sui Network (SUI) to its list of crypto investment products.
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Gitcoin Grants 21 is online and will last until August 22
On August 7, Gitcoin announced that Gitcoin Grants 21 has been officially launched and will last until 7:59 on August 22. The theme of this round of grants is to work with partners and enhance the capabilities of external communities. This round includes Celo and Arbitrum ecosystem rounds and 9 community rounds. Users no longer need to collect Passport stamps, and Gitcoin Grants Stack provides technical support.
Wells Fargo may follow Morgan Stanley to provide Bitcoin ETF to customers
Financial report, according to crypto KOL @AP_Abacus’ disclosure on the X platform, multiple sources said Wells Fargo may follow Morgan Stanley to provide Bitcoin ETF to customers.
The founder of Synthetix transferred 2,000 ILV to the donation address of the SNX liquidation member, and received about $112,000 in donations within 2 days.
On August 7, according to the monitoring of the on-chain analyst Ember, the founder of Synthetix, Kain Warwick, funded 2,000 ILV (86,000 US dollars) to the SNX liquidation member SynthaMan. SynthaMan posted the day before yesterday that he lost all his crypto assets due to liquidation, and published an address to request donations so that he can hold on until his ILV is unlocked in September.
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OKX will delist MSN, OMN, REP, EURT, IGU, PCI and SLN spot trading pairs
On August 7, according to the official announcement, OKX will officially delist the following trading pairs from 4:00 to 4:30 pm (UTC+8) on August 9, 2024.
The specific trading pairs involved this time are as follows: MSN/USDT, OMN/USDT, REP/USDT, BTC/EURT, ETH/EURT, EURT/USDT, IGU/USDT, PCI/USDT, SLN/USDT.
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