8.13 Important Industry Dynamics

1. Mainstream Exchange Dynamics: None

2. Mainstream Project & Hot Event Dynamics:

● Three Arrows Capital liquidators are seeking at least $1.3 billion in compensation from TerraForm Labs;

● Prediction market Polymarket cooperates with Perplexity to support the display of event news summaries;

● Solana ecosystem multi-signature management tool Squads launches Squads Policy Network;

● Marathon Digital plans to issue $250 million in convertible senior notes in a private placement;

● Catizen is about to launch the air combat game Star Wing;

● ZachXBT: One of the major WBTC holders is a suspicious entity related to ransomware/pig killing;

● ZK trading platform Vessel mainnet is now online Scroll;

● OKX Web3 wallet upgrades risky transaction interception strategy;

3. Financing Information Dynamics:

● Liquidity protocol Ion Protocol completes $4.8 million in financing, with participation from Gumi Capital Cryptos and others;

4. Regulatory news:

● Trump will sue the U.S. Department of Justice for the Mar-a-Lago raid, seeking $100 million in damages;

● Former U.S. Treasury Secretary: A 50 basis point rate cut in September may be appropriate;