Selected News
1. Cryptocurrency exchange LBank may launch plans for a US IPO
2. Coinbase CEO: The team is moving full speed ahead with Everything Exchange development
3. Tether appoints former White House Crypto Advisory Board Executive Director Bo Hines as Strategic Advisor for Digital Assets and US Strategy
4. Robinhood launches SUI spot trading
5. A non-profit organization AIP supported by Coinbase, Uniswap, etc., has been established to educate US legislators about cryptocurrencies
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
[BNB]
Today's discussions about BNB mainly focus on Binance's announcement of the Plume (PLUME) token airdrop, which has sparked widespread excitement among BNB holders. Additionally, the wallet boost initiative launched in collaboration with MitosisOrg has provided considerable MITO rewards for BNB deposits, further stimulating user engagement. These measures, combined with market speculation about Binance's future developments in the US, have collectively driven increased attention to BNB.
[ARB]
Today's discussions about ARB are prominently featured on Twitter, focusing on Arbitrum's announcement of deposit feature launch, its role in the growth of tokenized asset trading volume, and its involvement in stablecoin expansion. Additionally, the collaborations between Arbitrum and giants such as Robinhood and PayPal, as well as technological advancements like Layer 3 expansion and Stylus reducing gas costs, have also attracted significant attention. The community is looking forward to the upcoming airdrop and is full of expectations for ARB's potential to drive further innovation in the DeFi ecosystem.
[PEAQ]
Today, PEAQ has drawn high attention for scoring a perfect 40/40 in Blockworks' Token Transparency Framework, a rare achievement in the industry. The project has been praised for its solid fundamentals, professional founding team, and strong commitment to transparency. At the same time, PEAQ's content marketing activities and Kaito reward program have effectively increased visibility and user engagement, with the community expressing great expectations for its potential in the machine economy field.
[PIRATENATION]
Today's main discussion about PIRATENATION stems from Proof of Play announcing the closure of the Pirate Nation game. The reason is insufficient user demand and the need for the company to focus on more profitable business opportunities. The community has mixed reactions to this news; on one hand, they understand this difficult decision, while on the other hand, they hold hope for the future of the $PIRATE token and Proof of Play ecosystem. The company plans to migrate the best parts of the game to Proof of Play Arcade and concentrate on a single token ecosystem. The final activity will allow players to destroy items in exchange for future rewards, while the founding Pirate NFT will be transformed into a community identity NFT.
[AVAX]
Today's discussions about AVAX focus on: Bowmore launching tokenized whiskey bottles on Avalanche, Japan's first yen stablecoin approved for launch on Avalanche, and the rapid growth of Silo Finance's DeFi business on the chain. Additionally, Avalanche network activity has significantly increased, with a substantial rise in daily trading volume and active addresses, indicating a strong adoption trend. These developments, combined with strategic partnerships and ongoing innovation, have driven Avalanche's popularity within the crypto community.
Featured Articles
1. (These 6 individuals are becoming Solana's Tom Lee)
Tom Lee (Thomas Lee) has become the recognized new hero of Ethereum, buying 1.5 million ETH in 50 days, transforming Ethereum from a doomsday vehicle into 'the one to watch in the next decade.' Meanwhile, Solana, which once boldly proclaimed to 'take down Ethereum,' has lost its previous momentum. In this wave of crypto and stock enthusiasm, the community realizes that 'Solana also needs its own Tom Lee.' So who is Solana's Tom Lee? Rhythm BlockBeats has highlighted 6 candidates from the community, each with remarkable talents, even excluding early SOL promoter Raoul Pal from the list. Ultimately, our best candidate is Anthony Scaramucci. This staunch Wall Street Solana Maxi holds absolute influence in both crypto and Wall Street, and more importantly, he has an unabashed passion for Solana.
2. (Financial report turns from loss to profit, RWA's first stock Figure is about to be listed)
On August 19, Figure Technology Solutions (FTS)—a fintech company founded by SoFi co-founder and former CEO Mike Cagney—has publicly submitted an IPO application to the US Securities and Exchange Commission (SEC), planning to trade on NASDAQ under the ticker FIGR, officially launching its listing process. Unlike traditional financial institutions that adhere to conventional methods, Figure was born with a blockchain backbone, reshaping the financial paradigm of mortgages and crypto-backed loans. Mike Cagney previously led SoFi to create a wave in the online finance sector, and now he aims to disrupt the business models that established banks rely on through blockchain. He stated, 'The funding validates our vision of redefining capital markets using blockchain technology, and we are also gaining real benefits by adopting blockchain in our lending and capital market operations.'
On-chain Data
On-chain fund flow situation for the week of August 19
