Bitmine acquires an additional 9613 ETH, worth $45 million

On August 24th, Linea's official blog announced that Status Network, which combines native ETH rewards, stablecoin rewards, and native application fee commissions, will be the first to provide LINEA token staking. Users are able to deposit LINEA and SNT tokens to obtain increased LINEA token rewards.
BlockBeats previously reported that on August 20, 2024, Status was collaborating with Linea, supported by Consensys, to launch a Layer 2 rollup solution. The two parties are jointly developing a Layer 2 network that will operate in parallel with Linea's zkEVM chain, named Status Network. Status contributors will interact with Linea's open-source code and actively participate in managing its codebase to maintain a parallel version.

On August 24th, according to official information, Gate has now initiated the pre-market trading of WLFI perpetual contracts (settled in USDT), with support for leverage ranging from 1 to 10 times.

On August 24th, Bob Bodily, the developer of the Bitcoin ecosystem trading platform Odin.fun, presented the public audit report of Odin.fun's smart contract. He declared that following the receipt of the preliminary report from an external auditor, the platform had resolved all critical, high-priority, and medium-priority issues. BlockBeats had previously reported that on August 13th, the Bitcoin ecosystem trading platform Odin.fun announced the suspension of trading to investigate recent platform withdrawal activities and would keep users updated on the investigation progress. It seemed that the Odin.fun platform had a vulnerability, with approximately 60 BTC being transferred abnormally. On April 14th, Bob Bodily, the developer of Odin.fun, cleared out all assets on the Odin platform, which were suspected to have been stolen. Trading and withdrawals were stopped on that day to assess the extent of the hack.

August 24th witnessed a disagreement between the Aave official and the WLFI team regarding "Aave will receive 7% of the WLFI total token supply," which triggered a significant price fluctuation of the AAVE token. The timeline of this event is as follows: On December 6th, 2024, the WLFI team proposed "Launching Aave V3 Instance on the Ethereum Mainnet," and it was passed on December 13th. According to the proposal, as a lending ecosystem partner of WLFI, Aave will adopt the same reserve factor mechanism in this Aave v3 instance as the main Aave instance. AaveDAO will receive 20% of the protocol fees generated by the WLFI Aave v3 instance and will receive approximately 7% of the total WLFI token supply for participating in future WLFI governance processes, liquidity mining, and driving the decentralization of the WLFI platform. Last evening at 8:30 PM, Aave founder Stani.eth responded to doubts about "Is the WLFI partnership with AAVE still valid? Are they really building on Aave? Ther

On August 24th, as monitored by Onchainlens, a whale deposited 1,400 ETH ($6.63 million) into Kraken. This led to them earning a substantial profit of $102 million on their ETH holdings. Nine years ago, this whale spent a total of $258,000 to purchase 24,959 ETH from Kraken and ShapeShift. Currently, they still hold 13,477 ETH, which is worth $64.52 million.