Nigeria's Quidax Becomes First Crypto Exchange to Receive Provisional License from Regulators
Quidax, an African crypto platform, has become the first in Nigeria to receive a provisional operating license as a digital assets exchange from national regulators. This move is seen as a significant step towards crypto acceptance from the government, which has historically been hostile towards the industry. Quidax co-founder and CEO Buchi Okoro sees the granting of the crypto exchange license as a result of years of collaborative effort that takes time to ensure compliance. Despite the license, relations between the crypto and the SEC remain tense, with the agency warning Nigerians of the risks of investing in crypto assets.
Trump to appoint Kennedy Jr. and Tulsi Gabbard as co-chairs of his transition team
According to The New York Times, reports that Trump plans to appoint Chris Christie and Rudy Giuliani as co-chairs of his transition team.
Ronin: Cross-chain bridge security audit completed, expected to reopen within 10 days
Ronin announced on social media that the cross-chain bridge, which experienced a security vulnerability incident, has undergone a comprehensive audit and is now ready to be reopened.Previously, due to critical configuration errors, the cross-chain bridge was once stolen 12 million US dollars and was suspended to prevent further fund losses. All funds have now been safely recovered, and white hat hackers have been rewarded with 500,000 US dollars.Currently, the proposal to reopen the cross-chain bridge has been submitted for operator voting, and it is expected to resume service within 10 days without further updates planned.
$26 billion in BTC and ETH outflows on CEXs so far this year
CryptoQuant data shows that CEX has experienced a large outflow of Bitcoin this year. From January 1 to August 24, 330,560 BTC (worth $20.8 billion) were withdrawn from these trading platforms. Seven months ago, CEX held a total of 3,009,239 BTC, but it has now dropped to 2,678,679 BTC. If this trend continues, the increasing scarcity of BTC could affect future market stability.
ARKB had a net outflow of $102 million yesterday.
According to Farside Investors, as of the time of publication, the data for the US spot Bitcoin ETF and spot Ethereum ETF (as of August 27) is as follows:
Hotcoin to Launch Telos (TLOS) Trading on August 28 at 23:00
According to Hotcoin's official announcement, TLOS/USDT trading will open on August 28, 2024, at 23:00 (UTC+8). TLOS deposit and withdrawal services are already available.
Telos is a third-generation blockchain platform designed for building fast, scalable, and quick-transaction decentralized applications. Since launching its mainnet in December 2018, Telos has evolved into a product that empowers the future economy and is committed to providing large-scale solutions to global challenges. Telos aims to enhance the influence and decision-making capacity of organizations through its innovative governance features, offering a more collaborative and transparent model.
Elon Musk: X platform is to support everyone to express their opinions, even those I disagree with
Elon Musk posted on X stating: "Just want to reiterate, this platform is indeed designed to support all viewpoints within the legal scope of each country, even those I strongly disagree with and personally dislike. If X is not doing this, please yell at me (preferably on the X platform)."
FTX cold wallet transfers 240,200 mSOL to Coinbase Prime, equivalent to approximately $46.3 million
According to Pai Shield monitoring, the FTX cold wallet address labeled Cold Storage #2 has transferred 240,200 mSOL (approximately $46.3 million) to Coinbase Prime.
Coinbase Developer Platform is developing a new API that will support AI agents to send USDC for free
Yuga.eth, a senior software engineer at Coinbase, said that the Coinbase developer platform is developing a new API that aims to empower AI agents with various cryptocurrency-related functions, such as supporting the introduction of US dollars onto the chain, creating MPC wallets, sending USDC for free, achieving instant settlement on Base, and interacting with smart contracts (message signing).
Data: A whale transferred 8,825 ETH to Binance in the early morning, losing $3.96 million
According to on-chain analyst Yu Jin, a whale transferred 8,825 ETH ($24 million) into Binance 8 hours ago, incurring a loss of $3.96 million (-14%).The 8,825 ETH was bought at an average price of $3,168 between 7/28-8/4 and sold at a price of $2,719, resulting in a loss of $3.96 million (-14%). The buyer purchased in increments during a dip before the market crashed on 8/5, missing out on the crash and resulting in the loss instead of profit.
Linear Finance: Planned Launch of Linear Marketplace
DeFi synthetic asset protocol Linear Finance announced on social media that it will soon launch Linear Marketplace, which includes peer-to-peer NFT trading, token sales and other functions. The specific date will be announced tomorrow.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.
PayPal’s stablecoin PYUSD market cap exceeds $1 billion
DeFillama data shows that the market value of PayPal's stablecoin PYUSD has exceeded 1 billion US dollars, currently about 1.013 billion US dollars. Among them, the proportion of PYUSD on Solana is 63.96%, and the proportion of PYUSD on Ethereum is 36.04%.