SOL Strategies has released its July report: Total holding of 428,000 SOL tokens

On August 10th, the DeFi protocol Stability DAO declared that around 20% to 30% of its Metavault funds were impacted by the CrediX exploit. Stability DAO is collaborating with Sonic Labs and other affected protocols. It is working on writing a detailed report to keep track of the team and the attacker, with the aim of recovering the funds. Meanwhile, the protocol is formulating a compensation and recovery plan, and it is expected to start implementation within the next two weeks. MetaVault is expected to reopen next week, and more details will be announced. It is reported that Stability DAO completed the integration with CrediX approximately a week ago, which brought additional yield opportunities to the platform.

On August 10th, according to HTX market data, PROVE briefly surged to above $1.57 this morning. It witnessed a 24-hour increase of more than 40%. Currently, it has dropped to $1.40, and its market capitalization is $279 million.

August 10. Based on the analysis of crypto analyst AI Auntie @ai_9684xtpa, the address 0xD5B...B9c0a has accumulated 2 million PROVE tokens within the past three days with an average price of 1 USD. Currently, it is showing an unrealized gain of $873,000. And it has now staked all the tokens.

On August 10th, based on the monitoring of @EmberCN, the Strobe Ventures address transferred 7 million ENA to Binance yesterday. And it withdrew 5.087 million USDC 8 hours ago. This indicates that the 7 million ENA was sold at an average price of $0.726. At the time of this writing, ENA is currently trading at $0.7474, with a 24-hour increase of 16.65%.

August 10th, Trader Eugene Ng Ah Sio took to his personal channel and said, "The so-called 'Leveraged ETH Beta' concept keeps coming up in the minds of speculators as long as the underlying asset is in a trend. At different times, the market will favor different names (assets). But all these names have the same shortcoming - their 'Beta' performance is not satisfactory." The definition of Beta indicates that as the price of the underlying asset fluctuates, the volatility of the Beta asset should be greater than that of the underlying asset (correlation > 1). For all other altcoins, this means that funds need to flow from ETH to the altcoin. In the past, when there were limited optional assets, this logic worked. But in today's market, with a large number of projects vying to become the 'preferred ETH Beta,' people easily get confused. However, there is still a relatively low-profile type of asset, which is NFTs. Their uniqueness lies in the fact that their price is denominated in ETH

On August 10, according to HTX market data, Ethereum broke through $4300 this morning. It is currently trading at $4295.30, with a 24-hour price increase of 6.88%. The market capitalization has risen to $518.705 billion.