Paxos Reaches $48.5 Million Settlement with New York Financial Regulators

August 10th. Binance Alpha is set to launch World3 (WAI) on August 12th. Once trading commences, eligible users can access the Alpha event page to claim the airdrop by using Binance Alpha Points. Further details will be made public shortly.

On August 10th, according to HTX market data, BNB briefly fell below $800, experiencing a 24-hour decrease of 0.85%.

On August 10th, based on HTX market data, Ethereum dropped below $4200, and the 24-hour increase narrowed to 0.35%.

On August 10th, Binance Alpha launched GameBuild (GAME).

On August 10th, according to Coinglass data, in the event that Bitcoin surges above $120,000, the cumulative short liquidation intensity on mainstream CEXs will reach $1.154 billion. Conversely, if Bitcoin drops below $116,000, the cumulative long liquidation intensity on mainstream CEXs will be $950 million. BlockBeats Note: The liquidation chart does not disclose the precise number of contracts to be liquidated or the exact value of the contracts to be liquidated. The bars on the liquidation chart actually signify the relative significance of each liquidation cluster in relation to neighboring clusters, that is, the intensity. Therefore, the liquidation chart illustrates to what extent the price of the underlying asset will be impacted when it attains a certain level. A higher "liquidation bar" indicates that the price will undergo a more intense reaction due to a surge in liquidity once it reaches that level.

On August 10th, based on GMGN data, on the Solana blockchain, the AI virtual creature concept Meme token SPARK had its market capitalization briefly exceed $33 million, reaching a new all-time high. It witnessed a 95% increase in the past 24 hours and a 24-hour trading volume of $26.2 million. BlockBeats reminds users that Meme coins usually lack practical use cases and experience significant price volatility. Therefore, investment should be made with caution.