BNB Chainβs MVB program is back for Season 11! π This time itβs a 10-week in-person residency with up to $500K investment & mentorship. Apply by Sept 6, 2025, for a chance to pitch at Binance Blockchain Week in Dubai! Learn more: link - add link here
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Legion, a crypto token issuance platform focused on compliance, raised $5M in seed funding led by VanEck & Brevan Howard Digital. Kraken, Coinbase & Crypto.com also participated. Valuation undisclosed. (Fortune)
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Ethereum spot ETFs saw $430M in outflows yesterday (Aug 19, US ET), the 2nd-highest daily outflow ever. FETH led with $156M out, but still has $2.501B in total inflows. (via SoSoValue)
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Bitcoin spot ETFs saw $523M in net outflows yesterday, the 3rd day in a row, per SoSoValue. Fidelityβs FBTC led outflows at $247M, but still boasts a total inflow of $11.707B YTD. #Bitcoin #ETF
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China may soon launch a digital RMB stablecoin! π¨π³ Reuters reports the State Council could approve a plan this month for its use in cross-border trade & payments, starting in Hong Kong & Shanghai. More details expected at the SCO summit.
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HashKey Capital moved 5.412M MNT ($7.42M) to Bybit, per @EmberCN. MNT was withdrawn from Bybit 8 months ago at $6.33M β a $1.09M increase! Price has doubled in 2 weeks, now $1.36 (from $0.68). #MNT #crypto
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Bitget now offers RWA Index Perpetual Contracts! π Trade TSLA/USDT (RWA), NVDA/USDT (RWA), & CRCL/USDT (RWA) with up to 10x leverage. Pricing based on xStocks tokens. Learn more & trade: link to Bitget
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StableStock, a TraDeFi platform tokenizing stocks, graduated YZi Labsβ incubator & raised seed funding from YZi Labs, Gaorong Capital & Vertex Ventures. Public beta is now live, aiming to bring stock market liquidity to DeFi! π
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β οΈ New crypto scam targeting Chinese citizens, especially abroad! Scammers use intermediaries to facilitate USDT trades for cash, then steal the funds. Embassy in Maldives warns of losses & limited recovery. Be cautious with offline crypto deals! #cryptoscam #USDT #fraud
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Byreal CLMM saw $4.09M in trading volume on Aug 19th β its 3rd highest ever β after the WSOT campaign launch with Bybit Web3! Total volume now >$62M. Note: recent transaction failure rates are high (45-55%). #DeFi #Byreal
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