⚡ Flash News ⚡: #Abracadabra, one of Michael Egorov’s lenders, unilaterally increased loan interest rates to 200% per annum and applied a 5x multiplier on large loans, aiming to force Egorov to repay the $14.5 million stable currency.
⚡ Flash News ⚡:#Curvefifounder Michale Egorov sold a total of 72 million $CRV via OTC transactions to 15 institutions/investors at a price of $0.4, receiving $28.8 million to pay down debt.
Currently, he holds $37.418 billion CRV (worth $220.4 million) as collateral across 5 platforms and has $79 million in debt.
⚡️Flash News⚡️According to Techcrunch, Sam Altman’s cryptocurrency startup Worldcoin said it is working with Kenyan authorities and will soon resume iris scanning in Kenya.
⚡️Flash news⚡️Base chain DEX LeetSwap tweeted that it has recovered approximately 400 ETH from the risky liquidity pool, and these funds will be distributed back to various teams for restart. LeetSwap trading will reopen in about 12 hours, that is, at 7:00 Beijing time on August 4, but the website may be temporarily slow or unstable due to huge traffic.
⚡️Flash News⚡️Binance will open BTC/FDUSD and ETH/FDUSD spot trading pairs at 16:00 on August 4th, Beijing time, and launch zero-fee Bitcoin trading activities. At the same time, Maker for ETH trading pairs will also be free for a limited time. Until further notice.
⚡️Flash News⚡️The Hong Kong Securities and Futures Commission may recently approve Hashkey Pro’s license upgrade, allowing it to provide services to retail investors. It is not yet certain what currencies will be available. Currently Hashkey Pro only offers BTC ETH USDT USDC. Hashkey Group COO Livio Weng also tweeted a preview.
⚡️Flash news⚡️Nansen data shows that between 01:14 and 02:30 this morning, market maker Wintermute Trading withdrew a total of 8.5 million ARKM (approximately US$3.7 million) from Binance through 5 transactions, making Wintermute the tenth ARKM Big holder.
⚡️Flash news⚡️There is a new vulnerability in $crv. Although the impact is very small, a series of recent behaviors have caused everyone’s trust in Curve to plummet.
⚡️Flash News⚡️Balancer has been deployed on the Avalanche chain, aiming to drive the growth of liquidity staking on Avalanche. Balancer will also work with four Avalanche LST protocols, positioned to host the liquidity of BENQI's sAVAX, Ankr's ankrAVAX, Yield Yak's yyAVAX and GoGoPool's ggAVAX, to provide a unified platform for the Avalanche Liquid Staked Token (LST) market .
⚡️Flash News⚡️Bloomberg senior ETF analyst Eric Balchunas tweeted that 6 companies are currently applying for Ethereum futures ETFs. In addition to Volatility Shares, which submitted on July 28, local time, Bitwise, Roundhill, VanEck, Proshares, and Grayscale submitted Ethereum futures ETF applications on August 1, local time. The U.S. SEC’s deadline for making a decision on Volatility Shares’ application is October 11, and the deadline for making a decision on the remaining five Ethereum futures ETF applications is October 16.
⚡️Flash news⚡️According to Chainlink price information, Bitcoin briefly exceeded 30,000 USDT and is now trading at 30,003 USDT, with an intraday increase of 3.6%.