Top News

1. Cryptocurrency Exchange Platform LBank May Launch Plan for U.S. Listing

2. Coinbase CEO: Team is Full Steam Ahead on Everything Exchange Development

3. Tether Appoints Former White House Cryptocurrency Working Group Executive Director Bo Hines as Digital Asset and U.S. Strategic Advisor

4. Robinhood Launches SUI Spot Trading

5. AIP, a Non-Profit Organization Supported by Coinbase, Uniswap, and Others, Established to Educate U.S. Lawmakers on Cryptocurrency

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

[BNB]

Today's discussion about BNB mainly focused on Binance's announced Plume (PLUME) token airdrop, which has sparked widespread excitement among BNB holders. Additionally, Binance's wallet booster event launched in partnership with MitosisOrg provided a significant MITO reward for BNB deposits, further stimulating user participation. These initiatives, along with speculation on Binance's future development in the U.S. market, have collectively driven increased attention to BNB.

[ARB]

Today's discussion about ARB has been prominently featured on Twitter, with a focus on Arbitrum's announcement of the launch of its deposit feature, its role in the growth of tokenized asset trading volume, and its participation in stablecoin expansion. Furthermore, attention has been drawn to Arbitrum's collaborations with giants like Robinhood and PayPal, as well as technical advances such as Layer 3 scaling and Stylus for reducing gas costs. The community is also looking forward to upcoming airdrops and is excited about ARB's potential to drive further innovation in the DeFi ecosystem.

[PEAQ]

Today, PEAQ has attracted significant attention due to scoring a perfect 40/40 in Blockworks' Token Transparency Framework, a highly rare achievement in the industry. The project has been praised for its strong fundamentals, professional founding team, and high commitment to transparency. Additionally, PEAQ's content marketing activities and Kaito reward program have effectively increased visibility and user engagement, with the community showing great anticipation for its potential in the machine economy field.

[PIRATENATION]

Today, the main discussion about PIRATENATION stems from Proof of Play's announcement of the closure of the Pirate Nation game. The reason cited is insufficient user demand and the company's need to focus on more profitable ventures. The community has had mixed reactions to this news, with some understanding this difficult decision, while others hold hope for the future of the $PIRATE token and the Proof of Play ecosystem. The company plans to migrate the best parts of the game to Proof of Play Arcade and focus on a single-token ecosystem. The upcoming event will allow players to burn items in exchange for future rewards, and the founder's pirate NFTs will transition into community identity NFTs.

[AVAX]

Today, discussions about AVAX include Bowmore launching tokenized whiskey bottles on Avalanche, the approval of Japan's first yen stablecoin to go live on Avalanche, and the rapid growth of Silo Finance's DeFi activities on the chain. Furthermore, Avalanche's network activity has significantly increased, with daily transaction volume and active addresses seeing a substantial rise, demonstrating a strong adoption trend. These developments, coupled with strategic partnerships and ongoing innovation, have fueled Avalanche's popularity in the crypto community.

Featured Articles

1.《These 6 People Are Becoming Solana's Tom Lee》

Tom Lee has become the new bull of Ethereum, buying 1.5 million ETH in 50 days, turning Ethereum from a doomsday chariot into a "wait for him in the next decade" asset. While Solana, which last year held high the banner of "toppling Ethereum," has lost its previous sentiment and realized in the current wave of altcoins that "Solana also needs its own Tom Lee." So who is Solana's Tom Lee? The BlockBeats has showcased 6 candidates from the community, each with unique skills, with not even early SOL shiller Raoul Pal making the list. Our ultimate choice is Anthony Scaramucci. This Wall Street's staunchest Solana Maxi, holding absolute narrative power in both crypto and Wall Street, and most importantly, he has an undisguised enthusiasm for Solana.

2. "From Loss to Profit in Financial Report, RWA's First Stock Figure is About to Go Public"

On August 19, Figure Technology Solutions (FTS) — the fintech company founded by Mike Cagney, co-founder and former CEO of SoFi — has publicly filed an IPO application with the U.S. Securities and Exchange Commission (SEC), planning to trade on Nasdaq under the symbol FIGR, officially initiating the listing process. Different from the traditional financial institution's play-it-safe approach, Figure has been blockchain-native since its inception, reshaping the financial norms of home loans and crypto-backed loans with blockchain as its framework. Mike Cagney once led SoFi to a wave of success in the fintech space, and now he aims to once again disrupt the business model on which traditional banks rely, this time with blockchain. He stated, "The funding validates our vision to redefine the capital markets utilizing blockchain technology, and we are also realizing real benefits by embracing blockchain in our lending and capital markets operations."

On-chain Data

On-chain Fund Flow for the Week of August 19

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