8.30-9.2 Important Industry Dynamics

1. Mainstream Exchange Dynamics:

● Coinbase completed the first AI-to-AI crypto transaction. Brian explained that a large language model (LLM) used crypto tokens to purchase AI tokens from another AI robot.

● WazirX plans to hold its first meeting on September 2 to discuss the reorganization and suspension application.

2. Mainstream Project & Hot Event Dynamics:

● CME "Fed Watch" data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in September is 67%, and the probability of cutting interest rates by 50 basis points is 33%.

● Uniswap changed its X platform avatar to a fat penguin wearing a pink unicorn hat provided by Pudgy Penguins. Uniswap and Pudgy Penguins have cooperated in the Korean Blockchain Week.

● Pendle has reached a cooperation with the intention execution network dappOS. Users holding intention assets will automatically obtain a variety of benefits from Pendle PT while maintaining the flexibility of using native assets.

● Solv Protocol ranked first in the BNB Chain TVL competition, with more than 10,000 BTCB staked in SolvBTC.

● Lorenzo, the Bitcoin liquidity financial layer project, announced the official launch of the first phase of the mainnet, further expanded to BNB Chain, opened BTCB staking and launched YAT functions.

● Vitalik Buterin donated 17.73 ETH to Gitcoin's multi-signature address. The last similar transfer occurred in August last year.

3. Financing information dynamics:

● Web3 game developer Legend of Arcadia completed a $4 million seed round of financing, with Animoca Brands and others participating.

● Robot Ventures has raised $75 million for its early crypto venture capital fund.