DeFi Data

1. Total Market Value of DeFi Tokens: $166.734 billion

Total Market Value of DeFi Data Source: coingecko

2. Trading volume in decentralized exchanges in the past 24 hours: $96.09

Trading volume in decentralized exchanges in the past 24 hours Data Source: coingecko

3. Assets Locked in DeFi: $156.474 billion

Top Ten DeFi Projects by Assets Locked and Locking Amount Data Source: defillama

NFT Data

1. Total Market Value of NFTs: $22.096 billion

Total Market Value of NFTs, Top Ten Projects by Market Value Data Source: Coinmarketcap

2. 24-hour NFT Trading Volume: $2.887 billion

Total Market Value of NFTs, Top Ten Projects by Market Value Data Source: Coinmarketcap

3. Top NFTs in the last 24 hours

Top ten NFTs by sales increase in the last 24 hours Data Source: NFTGO

Headline

Guotai Junan International launches cryptocurrency trading services

Golden Finance reports that Guotai Junan International has announced the launch of cryptocurrency trading services for its clients, allowing instant trading of various cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), Chainlink (LINK), and Solana (SOL); clients with professional investor qualifications can further choose to trade Ripple (XRP), Tether (USDT), and USD stablecoins (USDC) among other products. Guotai Junan International was approved by the Securities Regulatory Commission in June this year to upgrade its license for regulated activities to provide virtual asset trading services, enabling clients to directly trade cryptocurrencies and stablecoins on the Guotai Junan International platform.

DeFi Hotspots

1. $200 million USDT transferred from an unknown wallet to Aave

Golden Finance reports, according to Whale Alert monitoring, at 17:32, $200 million USDT ($200,280,000) was transferred from an unknown wallet to Aave.

2. On-chain detective ZachXBT: No longer assisting the XRP community, which has not brought any value to the industry.

Golden Finance reports, "On-chain detective" ZachXBT stated that he will no longer assist the XRP community. ZachXBT believes that XRP holders have not brought any value to the industry other than providing exit liquidity for insiders, and therefore do not deserve support. He also stated that this view applies to projects like Cardano, Pulsechain, and Hedera.

3. Silicon Valley law firm Fenwick & West denies involvement in FTX collapse

Golden Finance reports that Silicon Valley's well-known law firm Fenwick & West has officially rebutted accusations of playing a key role in the collapse of cryptocurrency exchange FTX. The firm argued in a court document that its involvement was limited to providing routine legal services, and those accusations (claiming it promoted FTX tokens and designed dubious founder loan schemes) lacked basis and were misleading. The document also criticized the amended class action lawsuit for reusing claims that had previously been dismissed and compared such accusations to similar ones against Sullivan & Cromwell law firm.

4. Solana's proposal "Achieve 150ms block finality consensus upgrade" has entered the voting phase

News from August 28, according to the relevant governance page, Solana's proposal "Achieve 150ms block finality consensus upgrade" (SIMD-326) has entered the voting phase. The voting rule requires that the proportion of affirmative votes must reach 2/3 of the total votes (affirmative + negative) to pass. The current voting participation rate is about 9.87%, with approximately 9.758% being affirmative votes.

5. Aave Labs' stablecoin lending platform Horizon has launched on the Ethereum chain

Golden Finance reports, Aave Labs Business Director @defisebs announced on platform X that its stablecoin lending platform Horizon has launched on the Ethereum chain.

6. Philippine Senator proposes to put the national budget on-chain

Golden Finance reports that Philippine Senator Bam Aquino hopes to integrate the national budget onto a blockchain platform. He stated that this move would allow every peso spent to be tracked by the public. "No one would rashly connect their transactions to the blockchain — every operation on the blockchain will be recorded and made transparent to the public. But we hope to start this attempt." Aquino said this during a statement at the Manila Tech Summit on Wednesday. "If successful, I believe we will become the first country to implement a national budget on-chain." Aquino added that he is currently unsure of the level of support he can obtain.

Disclaimer: Golden Finance, as a blockchain information platform, publishes articles for informational reference only and does not constitute actual investment advice. Everyone should establish a correct investment philosophy and be sure to raise risk awareness.