Gate has partnered with WLFI to launch the USD1 Staking Program, allowing users to earn multiple rewards through coin staking.
On August 7th, according to official channels, Gate is set to collaborate with WLFI (World Liberty Financial) to launch the USD1 Loyalty Program, thereby transforming into a crypto exchange platform that provides incentives to USD1 users. At that moment, users will be able to accumulate points by engaging in trading, holding USD1, and participating in staking, Launchpad, and other activities. Additionally, exclusive rewards for new users are awaiting their discovery.
2 minutes ago
Ethena Labs: Liquid Leverage Attracts Over $1.5 Billion in Funds Following Last Week's Launch
On August 7th, Ethena Labs made an official announcement on social media. Since its launch last week, the Liquid Leverage product has attracted more than $1.5 billion in fund inflows.
Now, Aave has increased the deposit limits for sUSD and USD in the Ethereum Money Market. The sUSD limit has been raised to about $350 million, and the USD limit has been raised to about $300 million. It is expected that the proposal for adjusting the September USD limit will be announced within the next 36 hours.
The increase in Aave's limits enables more users to utilize Liquid Leverage, a new feature introduced by Ethena. This allows users to obtain leveraged exposure to the sUSD interest rate while maintaining better overall position liquidity by holding USD (with no cooldown period restriction).
2 minutes ago
WLFI: USD1 Point Program Coming Soon
July 8th: WLFI, a cryptocurrency project with the support of the Trump family, declared that its USD1 Points Program is on the verge of commencing. The official team is currently engaged in formulating a brand-new loyalty program tailored specifically for USD1, and the initial batch will be launched in conjunction with selected partners. This program will initially be introduced in the cryptocurrency exchange arena in partnership with certain partners, and each partner platform will establish exclusive point accrual rules for eligible USD1 users.
2 minutes ago
Contract Transaction Whale AguilaTrades Reallocates 4.6M USDT to Open Long Positions for BTC and ETH
July 8th. According to on-chain analyst Ai (@ai_9684xtpa), the contract trade whale AguilaTrades deposited 4.6 million USDC as collateral to Hyperliquid 15 minutes ago and has since opened long positions for BTC and ETH. The total position is worth 98.29 million US dollars, with a realized profit of 308,000 US dollars. The specific position information is as follows:
BTC: 40x long, holding 530.7497 BTC, entry price $114,856.1
ETH: 25x long, holding 10,000 ETH, entry price $3,706
2 minutes ago
BOB announced the completion of a $9.5 million funding round, with participation from Amber Group.
July 8th. As per techinasia, BOB, a project focused on constructing a Bitcoin and Ethereum hybrid DeFi chain, declared that it has secured $21 million in funding starting from December 2023.
It is reported that BOB obtained $9.5 million in the latest fundraising round. The new investors involved are Anchorage, Amber Group, and Sats Ventures, along with the existing supporters Castle Island Ventures, Ledger, and RockawayX.
Castle Island Ventures had previously led BOB's $10 million seed round of funding.
The company recently launched its testnet and collaborated with institutions like Lombard, Amber Digital, and RockawayX to facilitate native Bitcoin DeFi transactions.
2 minutes ago
Hong Kong Listed Company DL Holdings Plans to Raise Approximately $83 Million to Expand into the Blockchain Business
On August 7th, according to The Block, the stock price of Hong Kong-listed financial services group DL Holdings fell by more than 8% on Thursday. The company announced plans to raise 653.3 million Hong Kong dollars (approximately $83.2 million) through a rights issue to finance its blockchain business development.
Based on the filings submitted to the Hong Kong Stock Exchange, DL Holdings has entered into subscription and subscription agreements. Selling shareholders will sell shares to at least six buyers at a price of 2.95 Hong Kong dollars per share through a placement agent. Subsequently, the company will immediately repurchase an equal number of new shares at the same price.
The shares to be sold in this placement account for approximately 13.58% of the company's current issued share capital. After the issuance of new shares is completed, this proportion will decrease to around 11.96%.
2 minutes ago