DeFi Data
1. Total market value of DeFi tokens: $74.265 billion
DeFi total market value Data source: coingecko
2. The transaction volume of decentralized exchanges in the past 24 hours was US$3.894 billion
The transaction volume of decentralized exchanges in the past 24 hours. Data source: coingecko
3. Assets locked in DeFi: $86.9 billion
The top ten rankings of DeFi projects with locked assets and locked-in amounts. Data source: defillama
NFT Data
1. Total NFT market value: $25.628 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
2. 24-hour NFT trading volume: $1.989 billion
NFT total market value, top ten projects by market value Data source: Coinmarketcap
3. Top NFTs in 24 hours
Top 10 NFTs with the highest sales growth in 24 hours Data source: NFTGO
Headlines
Colombian regulator accuses Worldcoin of violating data protection laws
Golden Finance reported that the Colombian Superintendence of Industry and Commerce (SIC) accused Worldcoin, a decentralized identity project founded by Sam Altman, and the company behind it, Tools for Humanity, of violating the country's personal data protection regulations. SIC has issued a preliminary notice of prosecution, accusing the companies of failing to comply with relevant policies when collecting sensitive personal data. Worldcoin currently uses its Orb device to collect data in 25 locations in Colombia, including the capital Bogota. If found guilty, SIC may impose economic sanctions on Worldcoin, temporarily suspending or permanently shutting down its operations in Colombia. Worldcoin has not yet responded to the allegations.
NFT Hot Spots
1. Magic Eden’s total transaction volume has exceeded US$6 billion, and the platform has received 21 million visits in Q2
Golden Finance reported that as the ME Foundation announced the launch of the ME token, the NFT platform Magic Eden also disclosed relevant business data. The total transaction volume of its platform has exceeded 6 billion US dollars, and the transaction volume of Ordinals and Runes on its platform accounts for more than 80% of the total transaction volume. Magic Eden is an NFT platform with local audience users on Bitcoin, Solana and EVM (Ethereum, Base and Polygon). The number of visits in the second quarter reached 21 million, which is on par with the DEX on major chains.
2. FBI will use NFTs to contact Clucoin crypto scam victims
Golden Finance reported that according to a statement from the Florida Attorney General's Office on August 21, 40-year-old Austin Michael Taylor pleaded guilty to wire fraud on August 15 because he often used funds provided by investors for his CluCoin (CLU) project to fund his online gambling habits. The FBI will provide notification of planned compensation to "confirmed victims" through their NFTs. This is the first time that law enforcement agencies have publicly stated that they will use NFTs to contact victims. The U.S. Federal Prosecutor's Office also requires anyone who is considered a victim of a fraud scheme to provide relevant information to the FBI.
DeFi Hotspot
1. CKB releases the next-generation public lightning network FiberNetwork light paper and will be launched for testing next week
Golden Finance reported that CKB released the next-generation public lightning network Fiber Network light paper. Fiber Network is a next-generation public lightning network built on Nervos CKB and off-chain channels, which can provide fast, low-cost and decentralized multi-currency payments and peer-to-peer transactions for RGB++ assets. Similar to the Bitocin lightning network, Fiber Network, as a second-layer payment channel expansion solution, conducts transactions off-chain to increase transaction speed and reduce fees while maintaining the security and decentralization of the blockchain. Fiber Network supports multiple types of assets. In addition to CKB native tokens, any RGB++ asset can be paid on FiberNetwork. The overall architecture of Fiber Network includes core modules such as off-chain payment channels, on-chain contracts, multi-hop routing and monitoring services. At present, Fiber Network has completed prototype development and realized the basic functions of creating, updating and closing channels between two nodes. At the same time, it also verified the cross-chain function with the Bitcoin lightning network.
2. Viction DA mainnet is now online, with development support provided by GlitchD Labs
Golden Finance reported that the Layer 1 blockchain Viction Data Availability (DA) network mainnet has been launched, with development support provided by GlitchD Labs. The Viction DA network is a technical module designed to provide secure and verifiable data availability across decentralized platforms.
3. In the first phase of Babylon Bitcoin staking mainnet, more than 700 BTC were pledged through Cobo technology solution
Golden Finance reported that Cobo, a digital asset custody and wallet technology provider, announced that in the first phase of the Babylon Bitcoin staking mainnet, 1,000 BTC were pledged. A total of more than 700 BTC, including clients such as Rock X, Lorenzo, Solv Protocol, and Pump BTC, were successfully pledged through Cobo's Babylon-based BTC Staking API.
4. Steno Research: "DEFI Summer" may make a comeback, TVL is expected to hit a record high
Golden Finance reported that research firm Steno Research released a report saying that decentralized finance (DeFi) is making a comeback, and the total locked value (TVL) of the cryptocurrency ecosystem is expected to hit a record high in the first half of next year. The report pointed out that interest rates are the most critical factor affecting the attractiveness of DeFi, because the DeFi market is mainly centered on the US dollar. When interest rates fall, the opportunity cost of holding stablecoins will also decrease, thereby increasing the attractiveness of DeFi. The growth of stablecoin supply and the rapid development of physical assets such as tokenized stocks, bonds and commodities have also provided a boost to the recovery of the DeFi market. The decline in Ethereum network transaction fees has made DeFi more accessible. Steno analyst Mads Eberhardt said that just as the Fed's interest rate cuts drove the DeFi summer in 2020, interest rate policy remains the most critical factor in the current DeFi recovery. Although TVL is far below its peak in 2021, Steno expects it to hit a new high in the first half of next year. This shows that the DeFi ecosystem is regaining vitality and investors are re-optimizing this track.
5.Polkadot Co-Creation launches digital identity solution Proof-of-Ink
Golden Finance reported that Parity Technologies, owned by Polkadot co-founder Gavin Wood, is about to launch a Web3 identity verification solution called Proof-of-Ink, which aims to prove the user's digital identity in a privacy-protected form through a unique tattoo. Gavin Wood said that Proof-of-Ink is expected to be launched in the fourth quarter of 2024. Users need to tattoo a unique tattoo generated by an algorithm on a specific body part and upload the last three minutes of the tattoo process as proof of digital identity. In addition, users need to pay a small amount of DOT tokens or community-shared vouchers to prevent abuse.
6. A whale withdraws 2900 wBETH from EigenLayer and deposits it into Binance
Golden Finance reported that according to Scopescan monitoring, a whale withdrew 2900 wBETH (US$7.8 million) from EigenLayer and deposited it in Binance.
Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and is not intended as actual investment advice. Please establish a correct investment philosophy and be sure to raise your risk awareness.
