Crypto Pro Updates
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πŸ’³πŸ—£ Mastercard's head of Crypto Europe said the company sees cryptocurrency as a potential payment technology, not a revolution. Stablecoins are seen as a useful tool to speed up payments, but they do not replace the protection offered by traditional networks. x
πŸ•΅οΈβ€β™‚οΈ 0x4ED0 bought 5,553 #ETH ($24.44M) in the last 40 minutes.
Since August 11, this whale bought 18,447 #ETH ($81.5 million) at an average price of $4417 and 1,357 #WBTC ($160 million) at an average price of $117,547 before moving them to Aave to borrow 114.2 million #USDT.
πŸ‡―πŸ‡΅ #BTC Japanese Metaplanet has received shareholder approval to overhaul its capital structure, paving the way for a potential billion-dollar fundraising for its BTC accumulation strategy. cointelegraph
πŸ“Š Stablecoins market cap reached a new ATH of $280 billion
🐳 260,000 #ETH bought by whales in the last 24 hours
πŸ΄β€β˜ οΈ #XVS Bscscan: Venus Protocol hacked for ~$30 million.
βœ… #STRK Starknet resumes operations after outage. theblock.co
πŸ“ŠπŸ‘€ Sentora: TVL distribution across the top five lending protocols shows steady market shares in recent months.

Aave continues to lead the sector by a fair margin, though Morpho has captured a growing share. #AAVE #MORPHO
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πŸ‡ΊπŸ‡ΈπŸ’° #ETH The Ether Machine raised $654 million in ETH before listing on Nasdaq.
πŸ“Š #BNB CQ: Binance Futures monthly trading volume hits yearly high of $2.62 billion
πŸ” Dropstab: Top Projects by Revenue in the Last Month. #HYPE #ENA #TRX
πŸ‡ΊπŸ‡ΈπŸ’° Gemini, the cryptocurrency exchange backed by the Winklevoss twins, is targeting a valuation of up to $2.22 billion in its upcoming US IPO.
πŸ’° #ETH Last week Bitmine (#BMNR) acquired another 153,075 ETH ($668 million) and now owns 1,866,974 ETH ($8.15 billion).
πŸ‡ΊπŸ‡ΈπŸ™‹β€β™‚ #BTC #MSTR Michael Saylor's 'Strategy' buys 4,048 Bitcoin worth $444 million.
πŸ’° #ETH SharpLink acquired 39,008 ETH last week and now hold 837,230 ETH.
πŸ’° #BNB Network Company (#BNC) announced that it has increased its BNB holdings to 388,888 coins.
🎩 #ETH ETHZilla (#ETHZ) announced plans to place about $100 million in ETH in EtherFi
🎩 #ETH The board of directors of Yunfeng Financial has approved the purchase of ETH on the open market as a reserve asset. The company currently holds 10,000 ETH
πŸ’° #AI Kite AI has raised $18 million in a Series A round led by PayPal Ventures. cointelegraph
πŸ” Top Oversold Coins by 7d VWAP with Bullish Performance. #BERA #PYTH #BIO

VWAP = volume-weighted average price β€” what people are really paying for a token, based on real trading volumes.
🐢 #DOGE CleanCore Solutions will sell $175 million worth of shares, with proceeds going to Dogecoin Strategic Reserve. Investors include Pantera, GSR and others.