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Trump: Interview process for the next Fed Chair has begun, with all 3 candidates from Wall Street

4 hours ago

On August 7th, Trump declared that the interview procedure for the next Federal Reserve Chair has commenced. The current list of candidates has been narrowed down to three, and it is noted that they all originate from Wall Street. (Cointelegraph)
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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).

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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.

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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

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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.

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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%.

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ALLINDOGE Launches Ultra Edition, AI Smart Assistant Enters Utility Stage

On August 7th, the AI tool platform ALLINDOGE launched its new Ultra version today. This new version is upgraded with Web3 user needs in mind. It focuses on introducing the MCP module, which supports one-line command completion for on-chain data queries, market analysis, project retrieval, document parsing, and other tasks. It has evolved from a "capable of conversation" intelligent assistant to an "able to execute" one. The main highlights of this update are as follows: · Integrated the MCP module to achieve integrated research and market analysis. · Added historical conversation records to support continuous context interaction. · Supported one-click sharing of conversation content. · Gained access to the document upload and parsing system, and the AI automatically extracts key points. · Optimized the interface for clearer and smoother operation. The ALLINDOGE team stated that the Ultra version is a turning point from "passive queries" to "active service" and will continue to i

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