Compiled by: Luan Peng, ChainCatcher
Important Information:
Musk: Will have a live conversation with Trump on X platform at 8 am on August 13
SkyBridge Capital founder: Trump's campaign is in chaos and personnel changes are underway
Synthetix founder challenges Zhu Su to fight but is rejected
Binance will delist CVP, EPX, FOR and other tokens
Former Trump aide Anthony Scaramucci predicts Trump will drop out of US presidential race
Trump returns to X platform, but new tweets are visible in search
Xinhuo Technology’s latest announcement disclosed: Li Lin holds 31.25% of the equity of ABCDE Fund
ZK Exchange Vessel Mainnet Now Live Scroll
“What important events have occurred in the past 24 hours?”
Musk: Will have a live conversation with Trump on X platform at 8 am on August 13
Musk said on X that he will have a live conversation with Trump on the X platform at 8 pm tomorrow evening Eastern Time (8 am on the 13th Beijing Time). The interview will be unscripted and there will be no restrictions on the topic.
In addition, Musk said: "I wonder what his favorite meme is."
SkyBridge Capital founder: Trump's campaign is in chaos and personnel changes are underway
Anthony Scaramucci, founder of SkyBridge Capital and a Trump critic, wrote on X: “The implosion has begun. Trump’s campaign is in disarray, and ‘Little’ Trump is looking for some scapegoats and personnel changes.”
Synthetix founder challenged Zhu Su to a fight but was rejected
Kain Warwick, founder of Synthetix, posted on X that he had invited Zhu Su, hoping that the two sides could "fight" on Karate Combat, a fighting live broadcast platform in Singapore, and asked Zhu Su to respond within 24 hours and not pretend not to see it.
In response, Zhu Su said: “Kain, I sincerely apologized to you through private messages a few months ago. You have been ignoring it for months. I met several members of the infinex team (a new protocol under Synthetix) in Brussels, and I also met you. Then you leaked the private messages for no reason, which I can’t understand. I don’t know what you are thinking, but I respectfully declined the invitation and wish you all the best.”
Kain responded again, saying: "I didn't respond to your apology because you would have used it to protect your image, such as conveying to the public that 'Kain and I have reconciled and things are fine between us' and similar things."
Binance will delist CVP, EPX, FOR and other tokens
According to the official announcement, Binance will close all arbitrage strategies at 06:00 (UTC) on August 19, and automatically settle LOOM/USDT and REEF/USDT trading pairs. Binance will delist and stop all spot trading pairs of 6 tokens at 11:00 Beijing time on August 26, 2024.
The specific trading pairs that have been removed include: CVP/USDT, EPX/USDT, FOR/BTC, FOR/USDT, LOOM/BTC, LOOM/TRY, LOOM/USDT, REEF/TRY, REEF/USDT, and VGX/USDT.
Former Trump aide Anthony Scaramucci predicts Trump will drop out of US presidential race
According to Coingape, former Trump aide Anthony Scaramucci today predicted that Trump will withdraw from the 2024 US presidential election.
Stephanie LB shared a snapshot of Trump's recent rhetoric and noted that polls show Trump holding a slight lead over Vice President Kamala Harris in key states like Pennsylvania, Nevada, and North Carolina. Despite these swings in Trump's favor, Stephanie LB predicted, "He'll drop out before he loses big."
Anthony Scaramucci later backed up the sentiment, saying: “I said this a month ago on The Rest Is Politics US.”
Anthony Scaramucci continues to suggest that Trump is more fragile than he looks. Anthony Scaramucci has labeled Donald Trump a "coward" who would back off if his prospects looked bleak. In another post, he hinted at chaos within Donald Trump's campaign. He claimed that the former president is "looking for some scapegoats and personnel changes."
Trump returns to X platform, but new tweets are visible in search
Former US President Trump returned to the X platform (formerly Twitter) after three years. In his latest tweet, he said: "They want to silence me, but I will never allow them to silence you again. They are not only coming for me, you will follow. I just happened to be in their way, and I will never back down. We will make America great again!"
Although the tweet is currently only accessible via a direct link and is suspected to be in a "search visible" state, it has quickly received more than 360,000 views.
Xinhuo Technology's latest announcement disclosed: Li Lin holds 31.25% of the equity of ABCDE Fund
Hong Kong-listed company Xinhuo Technology released its latest announcement stating that it has signed an asset management service framework agreement with its actual controller Li Lin to provide asset management services for its affiliated funds, including ABCDE Fund, New World Fund, New Era Fund and MS Fund, with management fees ranging from 1-2%.
The announcement disclosed that as of June 30 this year, ABCDE's total assets under management were US$40 million, of which Li Lin owned 31.25% of the equity. New World Fund's total assets under management were US$20 million, of which Li Lin owned 50.00% of the equity. MS Fund's total assets under management were US$18.1 million, of which Li Lin owned 96.13% of the equity.
According to RootData, ABCDE has a total of 32 investment portfolios, including 12 lead investment projects, including Bitlayer, bitSmiley, Surf Protocol, UTXO Stack, etc.
ZK Exchange Vessel Mainnet Now Live Scroll
ZK trading platform Vessel tweeted that Scroll has been launched on the mainnet.
According to the RootData page, Vessel is an integrated on-chain trading platform dedicated to providing high-quality services for spot trading, perpetual trading, and enhanced AMM DEX. On August 8, Vessel completed a $10 million seed round of financing, with Sequoia Capital and others participating.
Biconomy account abstraction has been integrated with taiko
Web3 developer and transaction infrastructure platform Biconomy said on X Platform that account abstraction has been integrated with taiko.
According to Web3 asset data platform RootData, as the infrastructure of AA wallet, Biconomy provides full-stack account abstraction tools, including ERC4337 modular smart accounts, Paymasters as a service (simplifying transactions and receiving other tokens as Gas), hot-swappable API services, and binding programs as a service. In addition to supporting the Ethereum public chain, Biconomy also supports Arbitrum, Polygon, Base, Optimism, BNB Chain, Blast, TON and other chains, and recently added support for Scroll, basically covering most of the mainstream EVM chains on the market.
Earlier in July, Web3 developer and transaction infrastructure platform Biconomy said on the X platform that Gas Abstraction has been widely adopted, with 250 new projects using Biconomy Paymaster every month in the first half of this year. Paymaster UserOps on Web3 totaled 19 million times, with an average monthly growth rate of 17% in the past six months, and processed gas fees of $2.9 million.
Upbit will suspend USDT trading on August 19 due to server maintenance
According to the Upbit announcement, in order to change the quotation unit and ensure the stability of the trading system, the USDT market server will be maintained from 13:00 to 15:00 (UTC+8) on August 19, which is expected to take about 2 hours. USDT market transactions will be suspended during the maintenance period.
ZachXBT: One of WBTC holders is a suspicious entity related to ransomware/pig-killing scam
Chain detective ZachXBT tweeted that one of the WBTC holders is a suspicious entity related to ransomware/pig killing. The holding data is as follows:
1253 WBTC (US$73 million) 0xed805ac246f441ea0d057b81d910ef1e39eb5995
185 WBTC ($10.8 million) 0x9a5c7630d327885ae849217702824e5835d3c5e0
"What are the interesting articles worth reading in the past 24 hours?"
Why do hackers love Ronin? Hidden dangers behind three attacks
As of August 12, the Ronin cross-chain bridge, which was hacked again, has not been reopened to users, and the page is still under maintenance.
Just when community users were expecting the Ronin ecosystem to launch another hit product like the Web3 farm game Pixels, the Ronin cross-chain bridge was hacked again, and the stolen assets were worth about 12 million US dollars.
So far, Ronin has experienced three security attacks. If the $624 million stolen by hackers from Ronin’s cross-chain bridge two years ago (2022) was an accident, and the theft of Ronin in February this year was confirmed to be a "hacker blunder", then the hacking of Ronin’s cross-chain bridge again on August 6 seemed to be expected.
As early as February, when the assets of Ronin Lianchuang Wallet were stolen, community users joked that Ronin would not be attacked for the third time, right? However, less than half a year after the last security incident, Ronin was attacked by hackers again.
If a crypto project has security incidents again and again, the security reputation of the crypto project has been lost for community users.
MicroStrategy Bitcoin 4th Anniversary: A look back at its acquisition strategy and market influence
On August 11, 2020, MicroStrategy made its first bold foray into Bitcoin (BTC), making headlines and ushering in a new era for the entire industry.
Led by Michael Saylor, MicroStrategy has rapidly risen to become one of the world's largest public Bitcoin holders, revolutionizing the way companies think about financial management and transforming the industry's attitude toward digital assets.
As we approach the fourth anniversary of this decision, let’s dive into some of MicroStrategy’s major Bitcoin purchases and see how these strategic moves impacted the market.
Grayscale: Why is Ethereum performing poorly? What will happen in the future?
Cryptocurrency valuations fell in early August amid concerns about the outlook for the U.S. economy and broader financial market volatility. Ethereum underperformed, likely due to increased positioning in the futures market and selling by a few large holders.
If the U.S. economy continues on its path to a “soft landing,” Grayscale Research expects token valuations to rebound.
However, even in a weaker economic environment, Grayscale Research has reason to believe that downside risk to prices may be more limited than in the past.
Crypto assets and broader financial markets stabilized midweek after experiencing sharp declines from Friday, August 2 to Monday, August 5. Although major token prices generally have low correlations with other asset classes, volatility in traditional markets can affect cryptocurrency valuations.
Ripple’s bloody battle with the SEC has come to an end: The crypto world is in turmoil, who will decide the fate of the giants?
The dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs appears to be coming to an end, and that’s true.
The reason why it is said "soon" is that although Judge Analisa Torres made the final judgment on August 7, both parties still have the right to appeal the decision.
On August 7, Judge Torres ordered Ripple Labs to pay a $125 million fine. This amount is much lower than the $2 billion originally requested by the SEC—a figure that does not include fines and estimated interest, which are $876 million and $198 million, respectively.
At the same time, this penalty amount is much higher than the $10 million that Ripple Labs requested when fighting back against the SEC’s lawsuit. But in any case, compared with the amount of fines initially requested by the SEC, the verdict can still be seen as a victory for cryptocurrency companies.
However, because of this ruling, a lawyer told me that the U.S. Securities and Exchange Commission is likely to appeal the decision.
But at the very least, Ripple executives publicly declared the ruling a victory, perhaps suggesting they do not plan to appeal.
Controversy over the value of the crypto industry: Did we choose the wrong industry?
Ethereum core developer Péter Szilágyi is a member of the Ethereum Foundation and is also the head of development of Geth, the most mainstream Ethereum execution layer client.
On the evening of August 5, perhaps after witnessing the community's drastic emotional fluctuations in the face of drastic market fluctuations, Ethereum core developer Péter Szilágyi tweeted that he doubted whether he had chosen the wrong industry, revealing his deep disappointment in the crypto industry and sparking widespread discussion. The following is Wu's compilation of the original text and corresponding key comments:
