Brazil Approves Second Solana ETF
According to CoinDesk, the Brazilian Securities and Exchange Commission (CVM) has approved the second Solana ETF. According to the CVM database, the new Solana ETF is currently in the pre-operational stage and will be launched by Brazilian asset management company Hashdex in cooperation with local investment bank BTG Pactual. Hashdex manages more than $962 million in assets and has previously launched products such as the Nasdaq Crypto Index and Bitcoin and Ethereum ETFs. According to previous news, on August 8, the CVM approved the country's first Solana ETF, issued by Brazilian asset management company QR Asset.
Kennedy Jr. considers dropping out of US presidential race and backing Trump
According to Bitcoin Magazine, Nicole Shanahan, running mate of US presidential candidate Robert F. Kennedy Jr., said they were considering withdrawing from the presidential race and supporting Trump. Trump then said that if Kennedy Jr. supported him, he would be willing to consider appointing Kennedy Jr. to a government role. It is reported that both Kennedy Jr. and Trump support cryptocurrencies.
Binance Launchpool to List Dogs (DOGS)
According to Binance's announcement, Binance will launch the 57th project on Launchpool - Dogs (DOGS), a Ton memecoin developed by the Telegram community. Users can obtain DOGS tokens by staking BNB and FDUSD starting at 08:00 (Beijing time) on August 23, and the event will last for three days. The page is expected to be launched 24 hours before the launch of Launchpool. Binance will launch DOGS at 20:00 (Beijing time) on August 26, and open DOGS/USDT, DOGS/BNB, DOGS/FDUSD and DOGS/TRY trading pairs, and DOGS will be marked as "Seed Tag".
In addition, according to the latest announcement released by the Telegram community, more than 8 million users have applied to deposit their $DOGS directly into exchanges and Telegram wallets. To ensure that users have enough time to complete the operation, the team decided to adjust the TGE (Token Generation Event) date again. The new schedule is as follows:
• Until 00:00 on August 24 (Beijing time), users can withdraw $DOGS to exchanges and Telegram wallets.
• Starting from 16:00 (GMT+8) on August 26, $DOGS can be withdrawn to non-custodial wallets.
• TGE and listing time are adjusted to 20:00 on August 26 (Beijing time).
The team said the adjustment was made to ensure that every user has enough time to choose the appropriate withdrawal option.
Bitcoin pledge protocol Babylon said on the X platform: "In just two days, the world's first self-hosted Bitcoin pledge mainnet will be officially launched." According to its announcement, Babylon Bitcoin pledge will be launched in three stages, namely the Bitcoin locking stage (Bitcoin holders initiate the pledge process by submitting Bitcoin pledge transactions to the Bitcoin blockchain), the Bitcoin pledge activation stage (a Babylon PoS chain will be launched to receive the cryptoeconomic security provided by the Bitcoin locked in the first stage), and the Bitcoin multi-pledge activation stage (the Babylon Bitcoin pledge protocol will evolve into a shared security market, enabling any PoS system to take advantage of Bitcoin pledge security).
In Phase 1, each stake is set to a maximum stake time (i.e. a timelock in the Bitcoin stake script) of 64,000 Bitcoin blocks, which is approximately equivalent to 15 months. This means that each stake will automatically expire and be withdrawn after reaching this time limit. However, stakers can unbind their stake on demand at any time before it expires. After unbinding, there will be an on-chain unbinding period of 1008 Bitcoin blocks (approximately 7 days and defined in the unbinding Bitcoin script), after which the stake will expire and be withdrawn. All transactions in Phase 1 are Bitcoin transactions, stakers do not need to sign other transactions or messages, and there will be no penalties for Bitcoin stakes in Phase 1. For security reasons, an initial total stake cap of 1,000 Bitcoin will be set. This cap will be gradually relaxed as Phase 1 progresses. In addition to the initial 1,000 Bitcoin total stake cap, each stake transaction also has a limit, minimum stake: 0.005 BTC, minimum stake: 0.005 BTC. In the first phase, since there is no active PoS chain, no direct staking rewards will be given. Instead, a points system will be used to measure the activity of each staker, which is tracked through the staker's public key.
Base: Basenames built on the open source ENS protocol is now live
According to the official announcement of Base, Basenames is now online, and users can obtain unique base.eth usernames as their on-chain identities in the Base ecosystem through Dutch auctions. The auction price will gradually decrease within 36 hours to ensure fair competition. Basenames is built on the open source ENS protocol and aims to simplify transactions, promote collaboration, and enhance on-chain connections between users. In addition, early Base Name Service (BNS) users will enjoy special discounts when registering.
Binance founder CZ faces new class-action lawsuit in Seattle federal court
According to U.Today, former Binance CEO CZ(CZ) and Binance have been accused of being involved in a new class action lawsuit. The lawsuit was filed in the Seattle federal court, accusing Binance of laundering money for criminals through its platform, harming the interests of consumers. The plaintiff claimed that Binance, as a "cryptocurrency money laundering empire", allowed hackers, thieves and other criminals to launder illegal gains on the platform and make huge profits in this way. The lawsuit also accused Binance of violating the RICO Act by committing illegal extortion.
Coinbase to List Across Protocol (ACX)
Coinbase Assets announced on the X platform that Coinbase will add support for Across Protocol (ACX) on the Ethereum network (ERC-20 token). If liquidity conditions are met, trading will begin at 00:00 on August 22, Beijing time. Once the supply of the asset is sufficient, the ACX-USD trading pair will be launched in stages.
Crypto startup Sorella Labs completes $7.5 million seed round led by Paradigm
According to The Block, Sorella Labs, a crypto startup that aims to solve the Ethereum MEV problem, has completed a $7.5 million seed round of financing, led by Paradigm, with participation from Uniswap Ventures, Bankless Ventures, Robot Ventures and Nascent. It is reported that Sorella Labs is developing tools to solve the maximum extractable value (MEV) problem of Ethereum. To curb MEV attacks, Sorella Labs is developing two tools, Brontes and Angstrom. Brontes has been launched today, and Angstrom is expected to be released after Uniswap V4 goes online on the mainnet later this year.
Dumpy.fun's new platform Squeezy.lol will be officially launched on August 27
According to DLNEWS, the Solana protocol Dumpy.fun launched the new platform Squeeezy.lol, which aims to reverse the original intention of Memacoin to short. Squeeezy.lol will allow users Mpy.fun has entered a public test from the private testing stage. Users can start to short Memecoin on the platform, and Squeezy.lol will be officially launched on August 27.
According to Cointelegraph, Bitcoin ecosystem income network Corn has completed US$6.7 million in financing, led by Polychain Capital, with participation from Binance Labs, Framework Ventures, HTX Ventures and Relayer Capital. The project aims to enhance the practicality of Bitcoin and introduce new income-generating opportunities.
Corn is a new Ethereum L2 network that uses a tokenized Bitcoin as the network's gas fee and economic incentives, codenamed BTCN. Corn went live on August 19, and unlike most yield-generating protocols, Corn launched without a fixed yield. The yield percentage will mainly depend on the growth of the ecosystem and the number of protocol participants achieved through Corn's flywheel mechanism.
YeagerAI, the developer of decentralized AI network GenLayer, completes $7.5 million seed round
According to The Block, YeagerAI, the development company behind the decentralized artificial intelligence network GenLayer, has completed a $7.5 million seed round of financing, led by North Island Ventures, with participation from venture capitalists such as Node Capital, Arrington Capital, ZK Ventures, WAGMI Ventures, BlockBuilders, Arthur Hayes' family office Maelstrom, and several angel investors.
12,000 BTC transferred out of Mt.Gox address, worth about $709 million
According to Arkham data, at 7:39 Beijing time, the Mt.Gox address (starting with 1MUQEi) transferred about 12,000 BTC to another address (starting with 1PuQBj), worth about US$709 million.
According to Cailianshe, according to the statistics of the domestic game best-selling list, as of now, "Black Myth: Wukong" has sold more than 3 million copies on Steam. Together with Wegame, Epic and PS platforms, the total sales volume has exceeded 4.5 million copies, with total sales exceeding 1.5 billion yuan. Currently, the game's Steam positive review rate remains at 95%+, of which Chinese reviews account for about 90%.
According to NFT Gators, the total locked value (TVL) of the Blast network has fallen by more than 60% since its record high of $2.3 billion in early June, and has fallen to $785 million as of August 5, the lowest level in six months. In addition, data from growthepie shows that on August 18, the number of daily users of Blast fell to 27,800, the lowest level since the launch of the Blast network in late February.
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