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August is historically a weak month for BTC

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✔️ On August 8, the total net inflow into spot Bitcoin ETFs amounted to $193 million. The total outflow from spot Ethereum ETFs was $2.8737 million.

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🪙 Tether plans to double its staff to 200 people next year to strengthen regulatory compliance.

The company uses automated tools to monitor potential illegal activities related to USDT on the secondary market.

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🔗 Developers and validators of Solana fixed a critical vulnerability before the issue was publicly disclosed.

The vulnerability was publicly disclosed after 70% of the network had implemented the patch. Then, Solana Labs published an announcement on Discord, urging all remaining operators to update their systems.

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Celsius has filed a lawsuit against Tether, alleging the unlawful appropriation of assets during bankruptcy proceedings and demanding the return of approximately $3.5 billion in BTC, compensation for damages, and legal costs.

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📊 This week, over 122,000 ETH have been withdrawn from staking — the highest amount since May.

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🔠

CLICKER GAMES IN TELEGRAM AND TON ECOSYSTEM - INAL CARDAN | РВМ PODCASTS

Subscribe, like, and share this video with friends

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Watch - https://youtu.be/r6yJcLYfnlE

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🔒

TOP-7 Token Unlocks for the Upcoming Week:

Arbitrum - $51.57M
Uniswap - $49.61M
StarkNet - $23.46M
Moca - $21.16M
Cyber - $11.28M
ApeCoin - $8.91M
Worldcoin - $8.15M

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🔺 The mining company Marathon Digital will issue convertible bonds worth $250 million. The funds raised will be used by Marathon to purchase BTC.

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The Bitcoin network's hashrate has reached a new record level. The network's hashrate is 627 EH/s, recovering after a drop of 8.5%.

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Tether CEO Paolo Ardoino spoke about the company's intentions to invest more in AI.

In selecting projects, the company will focus on decentralized projects.

The company has already acquired a controlling stake in the startup Blackrock Neurotech, which deals with neural implant technologies, and has invested in the data center operator Northern Data Group, whose infrastructure is used for training artificial intelligence models.

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🔺 El Salvador announced private investments amounting to $1.6 billion — the largest in the country's history.

Investments from Yilport Holding will go towards the construction of a new port in La Unión, where Bitcoin City is planned to be built.

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Forwarded from CryptoTech Global

➕

The betting platform Polymarket and the AI-based search engine Perplexity have entered into a partnership agreement.

✔️ The AI-powered search engine Perplexity and the betting marketplace Polymarket have signed an agreement on data exchange, under which the search results of Perplexity will provide context for Polymarket pools, and Polymarket information will be displayed in Perplexity search results.

#POLY #AI

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🔺 MetaMask has announced the pilot launch of a debit card in collaboration with Mastercard and the fintech platform Baanx. The card will allow cryptocurrency wallet users to spend cryptocurrency on everyday purchases.

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The total daily transaction volume in Ethereum L2 networks has reached a record 12.42 million. Since the beginning of 2024, the number of daily transactions in the Ethereum L2 ecosystem has increased by 140%.

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🔼 According to the SEC report for the second quarter, investment bank Morgan Stanley owned more than 5.5 million shares of iShares Bitcoin Trust (BlackRock's BTC-ETF) worth $187.79 million.

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🔺 Iran will pay $24 to anyone who reports illegal mining operations to the authorities. The country is facing a power shortage amid extreme heat.

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✔️ According to Bitwise, in the second quarter, 44% of asset managers increased their investments in U.S. spot Bitcoin ETFs, while 22% maintained their positions, which, according to Bitwise's Chief Investment Officer, was a "pretty good result."

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✔️ Circle plans to launch tap-and-go payments in the USDC stablecoin on iPhone.

Earlier, Apple announced that they would allow the use of their NFC chip for third-party app developers.

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🔺 The National Pension Service of South Korea (NPS) reported the purchase of 245,000 shares of MicroStrategy worth approximately $33.75 million in the second quarter.

Previously, NPS bought 282,700 shares of Coinbase in the third quarter of last year. NPS manages assets worth $729.77 billion and is the third-largest pension fund in the world.

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