Hot topics on August 31
Hot topics on WEB3 on August 31
1. Pump.fun's cumulative revenue exceeded $100 million
Dune statistics show that pump.fun's cumulative revenue exceeded $100 million, temporarily reported at $100,035,492, and daily revenue dropped to about $400,000.
2. Russian authorities questioned Telegram founder
On August 31, Kremlin spokesman Peskov said that Russian authorities questioned Telegram, but the founder was not arrested in Russia. Peskov said: "No one arrested him in this country. Of course, there were questions before."
3. Circle's USDC circulation increased by about 1.2 billion
As of August 29, in the past 7 days, Circle issued about 2.5 billion USDC, redeemed about 2.6 billion USDC, and the circulation decreased by about 100 million. In the past 30 days, Circle issued about 12.6 billion USDC, redeemed about 11.4 billion USDC, and the circulation increased by about 1.2 billion.
4. Bitcoin shows buying in Asia, selling in the U.S.
Trend crypto analyst Miles Deutscher said that Bitcoin has recently shown a trend of "buying in Asia, selling in the U.S." The cumulative return of Bitcoin in the Asian trading session over the past two weeks exceeded 5%, while the U.S. trading session showed negative returns.
5. Nearly half of the funds raised in the U.S. presidential election came from cryptocurrencies
Bitcoin Magazine disclosed that CNBC reported that almost half of all corporate funds raised in the U.S. presidential election came from Bitcoin and cryptocurrencies. Cryptocurrency spending exceeded that of major oil companies and banks.