USDC Treasury Burns Over $74 Million in USDC on Solana
According to Whale Alert, the USDC Treasury burned 74,406,039 USDC on the Solana network at 8:27 PM Beijing time, valued at approximately $74.398 million.
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BNB Chain’s 11th MVB program is here! 🎉 Now a 10-week global residency with up to $500K investment & mentorship. Focus: Web3 startups (AI, DeFi, DePIN & more). Previous season saw 500+ applications! Learn more & apply: link
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Kaito hits $40M annualized revenue (80%+ on-chain!), leading the crypto AI space. 🚀 They’re launching Kaito Venture to invest in & grow promising crypto AI apps + a 12-month plan focused on better integration, rewards & distribution. Big vision: “information financialization”! 💡 #cryptoAI #Kaito
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Ethereum spot ETFs saw $430M in outflows yesterday, the 2nd-highest on record (SoSoValue). FETH led with $156M, but still has $2.5B net inflows overall. ETHE outflowed $122M (total $4.527B outflow). Total ETF assets: $25.93B (5.34% of ETH market cap). #Ethereum #ETF
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Bitcoin spot ETFs saw $523M in net outflows yesterday, the 3rd day in a row, per SoSoValue. FBTC led with $247M out, while GBTC saw $116M. Total AUM is $146.184B (6.47% of Bitcoin’s market cap). #Bitcoin #ETF
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Binance Earn launches Plasma USDT fixed-term product! 💰 Earn daily USDT rewards + potential XPL airdrop (100M tokens, 1% of supply) if you subscribe before the $250M cap is reached. Available starting Aug 20, 2025. #Binance #USDT #Plasma #Airdrop
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Binance joins Beacon Network, a new crypto crime-fighting initiative by TRM Labs! 🛡️ The network rapidly shares intel between exchanges, issuers & law enforcement to stop illicit funds. A big step towards a safer, more trusted crypto ecosystem! 🚀 #crypto #security #Binance
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Legion, a blockchain startup, secured $5M in seed funding led by VanEck & Brevan Howard Digital (with support from Kraken, Coinbase & Crypto.com) to build a compliant ICO platform. It will focus on EU regulations & investor protection, aiming for IPO-level standards in token sales. 🚀
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MANTRA Chain proposes phasing out ERC20 OM token to boost network security & streamline its ecosystem. 🚀 Key changes: 8% inflation, 2.5B total supply cap. Migration deadline: Jan 15, 2026. Voting Aug 20-22, 2025. 28% already migrated! #MANTRAchain #OMtoken #DeFi
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Tether Minted 1 Billion USDT on Ethereum
Tether Treasury has minted 1 billion USDT on the Ethereum network, according to Whale Alert monitoring. The transaction, valued at approximately $1.0066 billion, occurred at 19:37 Beijing time.
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