Ethena’s USDe stablecoin has experienced 14 consecutive days of positive daily supply growth, exceeding $80 million each day, with a record $400 million minted on July 23rd. The total market capitalization of USDe is approaching $8.4 billion, according to data tracked by @tomwanhh. #crypto #blockchain #news
Fluid DEX hit a record $1.39B in daily trading volume on July 30th! 🚀 Surpassing $5B in weekly trades, it's now the 3rd largest DEX by volume, behind only PancakeSwap & Uniswap. Data via Dune Analytics. #DeFi #DEX #crypto #blockchain #news
Hong Kong introduces the world’s first stablecoin regulations, potentially accelerating development & offering a model for other nations. Could also reduce reliance on USD clearing. #stablecoins #HongKong #digitalyuan #crypto #blockchain #news
Finloop, a Web3 firm backed by Fosun, raised ~$10M in Series A led by Solana Foundation! 🚀 Funds will fuel development of their Real World Asset (RWA) business & fiat/digital asset integration. #crypto #blockchain #news
Bolivia & El Salvador are partnering to promote crypto as an alternative to traditional currency! 🤝 Bolivia recently lifted its crypto ban & saw $294M in transactions. This comes as Bolivia’s FX reserves have drastically fallen. Merchants are even pricing in USDT. #crypto #Bolivia #ElSalvador #blockchain #news
⚠️ New malware "JSCEAL" targets crypto users! ⚠️ Disguised as ads for Binance, MetaMask, Kraken & 50+ other platforms, it steals wallet info, logins, & more. Affecting 10M+ globally since March '24. Spread via ads on Facebook. Stay vigilant! #cybersecurity #crypto #malware #blockchain #news
Machi Big Brother (Huang Li-cheng) reportedly closed some PUMP long positions at a loss, despite price increases. He still holds 4.175B PUMP (~$13.3M) with $4.47M in unrealized losses, per Lookonchain. #crypto #blockchain #news
Hong Kong’s financial regulator (HKMA) issued guidelines for stablecoin issuers. They must prevent trading in prohibited jurisdictions & mitigate risks from VPNs & remote ID masking during onboarding & operations, under the new “Stablecoin Ordinance” licensing regime. #crypto #blockchain #news
Ethereum spot ETFs saw $5.79M in net inflows yesterday, the 19th day in a row! BlackRock’s ETHA led with $20.29M, totaling $9.72B historically. (SoSoValue data, July 30th) #crypto #blockchain #news
Bitcoin spot ETFs saw $47.04M in net inflows on July 30th (ET), a 5-day streak! BlackRock’s IBIT led with $34.37M, reaching a total of $57.58B in inflows. Data via SoSoValue. #Bitcoin #ETF #crypto #blockchain #news #BTC