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SharpLink Gaming has conducted a targeted issuance of $200 million for funding, which will be used to increase its ETH holdings.

3 hours ago

On August 7th, according to official information, SharpLink Gaming declared that it had raised $200 million through a private placement. The issuance price was $19.50 per share, and it was led by four global institutional investors. This round of fundraising will be utilized to expand the company's Ethereum (ETH) reserves. It is anticipated that after full implementation, the Ethereum asset size of SharpLink Gaming will exceed $2 billion.
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Animoca Brands partners with ProvLabs to create cross-chain insurance vault marketplace NUVA

On August 7th, as per official information, Animoca Brands and Provenance Blockchain Labs (ProvLabs) have announced a strategic partnership today. The two parties are set to jointly develop NUVA, which is a marketplace that connects Real-World Asset (RWA) issuers with investors. NUVA will transform into a unified and cross-chain-compatible marketplace. Each marketplace within it will possess a distinct yield strategy and risk profile. Investors, encompassing retail investors, institutions, Web3 foundations, and treasuries, will be able to gain access to a wide range of investment products through NUVA in a permissionless manner.

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Binance will launch YALA and CARV USDT-Margined Perpetual Contracts

On August 7th, as per an official announcement, Binance is going to list YALA and CARV perpetual contracts.

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Federal Reserve Bank of Boston: I Still Believe There Will Be One Rate Cut This Year

On August 7th, the President of the Boston Fed stated that he still believed there would be one rate cut this year. (Xinhua Finance)

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「Insider Trader」 @qwatio Lost Entire $29 Million Profit Plus Principal in Just Six Months

On August 7th, according to Ember Monitor, "@qwatio, the 'Insider Trader'," spent 475,000 USDC today to establish a short position on GMX. This short position was just liquidated. It lasted for six months, with an initial principal of $3 million and a final profit of $29 million. However, in the end, the entire amount was lost.

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Binance: EU Users Can Use Mastercard for Cryptocurrency Withdrawals

On August 7th, Binance officials declared that European users are able to convert their cryptocurrencies into fiat currency and directly deposit/withdraw funds to/from eligible Mastercards.

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Market News: Warle Emerges as a Top Contender for Fed Chair in Trump Administration

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