Featured News:

1. Europe's first Bitcoin ETF will be listed on the Amsterdam Euronext trading platform today;

2. Compound announced the launch of the Base network, supporting ETH and cbETH as collateral;

3. dYdX announced that it has launched dYdX Chain public testnet 2;

4. Starknet’s total locked-in value reached $200 million, with a 7-day increase of more than 80%;

5. ETH's historical volatility fell below 20%, hitting a two-year low;

Project News

Coinbase launches nonprofit organization "Stand with Crypto Alliance" to promote crypto legislation

Cryptocurrency trading platform Coinbase announced the establishment of a non-profit organization "Stand with Crypto Alliance" to promote policies supporting cryptocurrencies around the world. "Stand with Crypto Alliance" will prioritize supporting and promoting U.S. legislation to promote access and innovation within the crypto industry.

ZachXBT: Expects to refund more than 90% of legal defense funds, and refunds will be completed next week

Chain detective ZachXBT posted on social media that the process of returning unused legal defense funds is expected to be completed next week. Among them, there will be a claim contract on the Ethereum mainnet, refunds on SOL and Pulse have been completed, and the EVM chain will be manually refunded this week. More details will be announced later this week, and more than 90% of donations will be refunded. ZachXBT said that donations on Fantom, Arbitrum Nova, Polygon zkEVM, Harmony, Moonbeam, and Gnosis chains have been manually refunded. BlockBeats previously reported that Huang Licheng has withdrawn his defamation lawsuit against ZachXBT, and the latter plans to return all unused legal defense funds.

Paidun: RocketSwap was attacked and lost 471 ETH

According to Paidun monitoring data, Base ecosystem RocketSwap was attacked and lost 471 ETH. The attacker has bridged the stolen funds from Base to Ethereum and created the LoveRCKT token. Currently, the attacker has provided 90 trillion LoveRCKT and 400 ETH liquidity to Uniswap.

Sei releases airdrop details, users can now check if they are eligible for airdrops

According to official news, Sei has now opened an airdrop query webpage, and users can check the eligibility of airdrops through the official website. Whitelist users must bridge eligible assets to Sei. Including the following networks: Solana, Ethereum, Arbitrum, Polygon, Binance Smart Chain and Osmosis. BlockBeats previously reported that Sei officially released a token economics update, with 48% of tokens allocated to the ecosystem for staking rewards, ecological initiatives, and Sei airdrops and testnet incentives. 3% of them will be used for the "Season 1" airdrop allocation to reward community users.

Gauntlet once again proposes to freeze CRV on Ethereum network Aave v2

DeFi risk manager Gauntlet has once again proposed in the Aave community to freeze the CRV market on the Ethereum network AAVE v2. This is to prevent the v2 market from continuing to increase CRV and increase concentration risks. The on-chain vote will start tomorrow and end on August 18. The reasoning for this proposal is the same as the freeze proposal in November 2022, the freeze proposal in June, and the proposal related to the release of the Vyper vulnerability in August. The main consideration is the risk status of the address starting with "0x7a16" of Curve founder Michael Egorov.

Europe's first Bitcoin ETF will be listed on Euronext Amsterdam today

According to Decrypt, the Bitcoin ETF "Jacobi FT Wilshire Bitcoin ETF" launched by asset management company Jacobi Asset Management will be listed on the pan-European trading platform in Amsterdam today (August 15). The ETF trading code is BCOIN. This is the first Bitcoin ETF launched in Europe and is regulated by the Guernsey Financial Services Commission (GFSC). Fidelity Digital Assets is responsible for the custody of the ETF, Flow Traders is the market maker, and Jane Street and DRW are authorized participants.

Compound announces launch of Base network, supports ETH and cbETH as collateral

According to The Block, DeFi lending platform Compound has launched the Base network, supporting ETH and cbETH as collateral. SushiSwap CEO Jared Grey also said that SushiSwap V2 will also deploy Base, having previously deployed V3 on the network.

dYdX announces the launch of dYdX Chain public testnet 2

dYdX has launched dYdX Chain Public Testnet 2. dYdX Chain Public Testnet 2 will include more than 30 new markets, trading rewards and transaction fees, spam prevention, liquidity tiers, order book optimization, and oracle improvements.

DeFiance Capital's $140 million dispute with 3AC liquidators to be heard in Singapore

According to The Block, DeFiance Capital's $140 million dispute with the liquidator of Three Arrows Capital (3AC) will be heard in Singapore. The dispute involves assets managed by DeFiance Capital, which operates independently from 3AC but is part of 3AC's corporate structure. The liquidator believes that these funds should be treated as part of 3AC's assets and distributed to creditors, while DeFiance Capital claims that these funds should be handled separately and returned to its investors.

data

Data: 49.37 million BLUR were unlocked and transferred to the address starting with 0x0A0, about 13.95 million US dollars

According to the monitoring of on-chain data analyst Yu Jin, 7 hours ago, 49.37 million BLUR were transferred to the 0x0A0 address after being unlocked, which is about 13.95 million US dollars. Yu Jin said that BLUR is unlocked on the 15th of each month, and the number of unlocked BLUR per month is currently close to 50 million. According to the unlocking and transfer situation in the previous two months: these unlocked BLUR may be transferred to Coinbase Prime in the future, and then transferred to Wintermute in batches. Finally, it will be transferred to various CEXs through Wintermute.

The total trading volume of the crypto market yesterday was US$34.703 billion, a single-day increase of 57.1%

According to CoinGecko data, the total transaction volume of the entire crypto market on August 14 was US$34.703 billion, a single-day increase of approximately 57.1% compared to August 13 (US$22.084 billion).

ETH historical volatility falls below 20%, hitting a two-year low

According to Deribit data, ETH's historical volatility has fallen below 20% and is now 19.90%, a two-year low.

New Zealand crypto trading platform Dasset enters bankruptcy liquidation process, hundreds of customers unable to withdraw funds

According to Blockworks, New Zealand crypto trading platform Dasset has entered bankruptcy liquidation, and hundreds of customers are unable to withdraw their funds. The trading platform has not yet been able to obtain an alternative banking service provider. Although it has entered a voluntary liquidation process, a liquidation agency has not yet been designated, and customers are still unable to use their funds. Despite the suspension of withdrawals, new users can still register on the platform.

Data: Starknet’s total locked-in amount reaches $200 million, with a 7-day increase of more than 80%

According to L2BEAT data, Starknet's total locked value (TVL) reached US$200 million, with a 7-day increase of 81.51%.

Data: A whale locked up 15 million CRV, worth about $8.73 million

According to Llama Whale Alert, a whale address "0xce50" transferred 15 million CRV to Curve's voting escrow address "Curve.fi: Voting Escrow" for lock-up, which is worth about 8.73 million US dollars. Through on-chain data query, the whale previously bought 17.5 million CRV through the OTC transaction of Curve founder Michael Egorov, and locked 15 million CRV today.

Regulatory policies

Invest Hong Kong: The Hong Kong government is considering creating a public chain specifically for Hong Kong

Terry, senior manager of Invest Hong Kong, said in an interview with IQ Times that "the Hong Kong government is considering creating a public chain dedicated to Hong Kong," and said that if the plan is realized, global participants will be able to use this public chain.

Monetary Authority of Singapore announces finalized regulatory framework for stablecoins

The Monetary Authority of Singapore (MAS) today announced features of a new regulatory framework designed to ensure a high degree of value stability for stablecoins regulated in Singapore. Stablecoins are digital payment tokens that are designed to maintain a constant value relative to one or more specified fiat currencies. When well-regulated to maintain this value stability, stablecoins can serve as a trusted medium of exchange to support innovation, including the “on-chain” purchase and sale of digital assets.

Financing

Bitcoin social platform Orange Pill completes $250,000 Pre-Seed round of financing, led by Lightning Ventures

According to Bitcoinmagazine, Orange Pill, a Bitcoin network social platform, has completed a $250,000 Pre-Seed round of financing, led by Lightning Ventures, with participation from NBA star Matthew Dellavedova and Barefoot Bitcoin Fund. Launched in November 2022, the Orange Pill app is available to users around the world on iOS and Android platforms, aiming to inject the tangible power of face-to-face interaction into the digital realm. The app's main focus is on forming and nurturing real-life Bitcoin communities, consolidating connections beyond online interactions, and laying a solid foundation for the Bitcoin parallel economy.

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