Bags token creations hit a new high (5,000+) on Solana Aug 7th, briefly outpacing LetsBONK! Bags now has 14.6% market share on the Solana Memecoin Launchpad. Pump Fun leads with 65.1% via @Adam_Tehc
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A single entity has amassed 171,015 ETH (~$670M) in 4 days, per @EmberCN. Received 23,424 ETH (~$91.65M) in the last hour via BitGo (0x0c3...40e) & trades with FalconX, Galaxy Digital, & BitGo.
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According to SoSoValue data, Ethereum spot ETFs experienced a total net inflow of $222 million yesterday (August 7th, Eastern Time), marking the third consecutive day of net inflows. BlackRock’s ETHA ETF led the inflows with $104 million, bringing its historical total net inflow to $9.593 billion.
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According to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $281 million yesterday (August 7th, Eastern Time). BlackRock’s IBIT ETF led the inflows with $157 million, bringing its historical total net inflow to $57.426 billion.
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Vitalik Buterin warns increased corporate ETH holdings as treasury reserves could create risks via excessive leverage. He acknowledges wider access is good, but cautions against an “overly leveraged game” in the ecosystem. #Ethereum #ETH #DeFi
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Animoca Brands, Standard Chartered HK & HKT are launching Anchorpoint Financial to apply for a Hong Kong stablecoin license! They formally applied Aug 1st, aligning with new regulations & have been in the HKMA’s “Sandbox Program” since July 2024. 🚀 #stablecoins #hongkong #animocabrands
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ResearchHub proposes burning 100% of weekly transaction fees for its RSC token! 🚀 This aims to boost the community-governed platform, incentivizing scientists to openly share research. #DeSci #RSC #ResearchHub
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Ethereum Foundation to donate $500k for Roman Storm’s legal defense, a Tornado Cash co-founder. He was convicted of operating an unlicensed money transmission business. No verdict reached on money laundering/sanctions charges. - Hsiao-Wei Wang
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Circle’s CSO Dante Disparte calls the GENIUS Act a major step for US stablecoin regulation, paving the way for industry compliance & fair competition. Circle plans to pursue a national bank charter & sees stablecoins as key to future internet finance. 🇺🇸💰
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Pumpfun launched the Glass Full Foundation to boost liquidity & fund core projects in the Solana ecosystem. Initial funding is already deployed, with more capital planned to accelerate Solana's growth. 🚀
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