✦ Marco Monaco, co-founder and head of growth at Linea, has announced his resignation from his position and will no longer be involved with the company in any capacity.
✦ Velo Labs Integrates BlackRock's Digital Liquidity Fund Into USDV Stablecoin
✦ Singapore is currently investigating seven individuals for offering services related to the buying or selling of Worldcoin ($WLD ) accounts and tokens.
✦ Justin Sun announced on the X platform that the Tron Super Representative Council has proposed raising the energy cap to 150 billion.
✦ On-chain analyst Ai Yi has reported that an address linked to Vitalik, identified as '0xfEB...203B2,' sold 190 WETH approximately 10 minutes ago.
✦ Whale Alert has reported that an address containing 5,300,000 USDT was frozen at 17:39:23 UTC+8.
✦ Cryptocurrency Fear And Greed Index Hits 30-Day Low.
✦ El Salvador is celebrating the third anniversary of adopting Bitcoin as legal tender, a move that made it the first country in the world to do so on September 7, 2021.
✦ Tether Issues $80 Million USDT and Redeems $15 Million USDT.
✦ Sony Blockchain Soneium Spark Testnet Incubation Program Receives Over 150 Applications Within 24 Hours.
✦ Data from Dune indicates that the prediction market platform Polymarket reached a trading volume of $436 million in August, setting a new monthly record.
✦ Aevo announced on the X platform that it will delist SLERF perpetual contracts on September 2 at 16:00 (UTC+8). All positions will be settled at the marked price. Trading will be paused for 30 minutes.
✦ Bitcoin mining company Iris Energy (IREN) has released its financial report, revealing a record annual revenue of $184 million from Bitcoin mining.
✦ Indian Court Orders Shutdown Of Fraudulent Websites Impersonating Crypto Exchange Mudrex
✦ According to Odaily. Telegram Founder Durov Indicted and Released Under Judicial Supervision, Banned from Leaving France $DOGS
✦ A notable whale has resumed activity after a month-long dormancy. According to Lookonchain, the whale deposited 700,000 WIF (worth $1.25 million) into marginfi and then borrowed 197,000 USDC to purchase an additional 110,000 WIF. Currently, the whale holds a total of 3.3 million WIF, valued at approximately $5.94 million.
✦ Nasdaq and CF Benchmarks have applied to the U.S. SEC for approval to list and trade Nasdaq Bitcoin Index Options (XBTX). If approved, these options will allow investors to manage and hedge their cryptocurrency investments, potentially increasing the maturity and liquidity of the Bitcoin market. $WIF
✦ Whale Sells ETH Amid Market Rebound Following Fed Rate Cut Expectations. Last night, the market saw a significant rebound, fueled by expectations of a Federal Reserve rate cut. On-chain analyst Yujin reported that a whale, who had purchased 5,822.6 ETH at $3,535 on June 19, sold 3,900 ETH at $2,724, valued at $10.62 million, during the rebound. This whale originally bought the ETH on June 9 and has now sold a total of 4,675 ETH at an average price of $2,701, incurring a loss of $3.9 million, or -23%.
✦ The prominent Bitcoin whale known as "Mr. 100" significantly increased his Bitcoin holdings, adding approximately 507 BTC to his portfolio, according to monitoring by HODL15Capital. In addition to this substantial accumulation, Mr. 100 also produced 450 BTC on the same day, further boosting his already sizable Bitcoin stash.
✦ Significant activity in the AAVE market was reported, with two cryptocurrency whales making substantial purchases totalling $3.92 million. One of the addresses, "0x3737," known for previously making over $28 million in profits from PEPE, spent 813 ETH (approximately $2.18 million) to acquire 17,690 AAVE tokens for $123 each. In addition, another whale, identified by the address "0x1D15," withdrew 13,717 AAVE tokens worth $1.73 million from Binance just an hour ago. This address now holds a total of 19,373 AAVE, valued at $2.45 million.
✦ Whale Sells 20,000 SOL Worth $2.9 Million. According to Odaily, a significant cryptocurrency holder, often referred to as a whale, has sold 20,000 SOL tokens valued at $2.9 million within the last 12 hours. This transaction is part of a larger trend observed since January 15, during which the whale has offloaded a total of 614,000 SOL tokens, amounting to $89 million.
✦ Whale Purchases 1474 BTC Worth $84.03 Million. According to BlockBeats, on August 16, an on-chain data analyst identified as @ai_9684xtpa reported that a significant whale address appears to have purchased 1,474 BTC from Galaxy Digital OTC approximately seven hours ago. The transaction is valued at $84.03 million.
✦ Investor Sells ETH Purchased During August 5 Market Dip, Gains $720,000. An on-chain data analyst named Yujin reported that the investor cookislandstrust.eth sold the ETH he had purchased during the market dip on August 5. The investor had spent 7.05 million USDT to buy 2,978 ETH at an average price of $2,367 each. Recently, he sold all his ETH at a price of $2,586, earning a profit of $720,000. In addition, the investor sold off all the ETH and PEPE acquired during the market downturn on August 5, achieving a total profit of $750,000, a 7% gain.