Paradigm currently holds ~19.13 million HYPE, worth 765.4 million USD – a profit of nearly 450 million USD from trades with FalconX and Wintermute.
Traditional banks have invested over 100 billion USD in blockchain infrastructure since 2020, focusing on payments, custody, and asset tokenization.
Etherex (Linea) launched the REX token on August 6, prioritizing distribution for LPs and xREX holders; 100% of transaction fees return to the community.
Basechain (Coinbase) surpassed Solana in the number of tokens issued per day due to the growth of the SocialFi platform Zora – trading volume reached 470 million USD, ZORA increased by 500% in the month.
Large token unlocks are about to happen: ENA (~172 million tokens, worth 95.8 million USD on August 5), IMX, MOVE, SXT, and MAVIA (opening 23.03% of the supply).
China: JD.com and Ant Financial may be excluded from the first stablecoin licensing round in Hong Kong for failing to meet personal identification requirements, while the state promotes the development of a domestic public chain.