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Tether Treasury Mints Additional 1 Billion USDT on Ethereum Network | Cryptocurrency Trends

Aaron, Bitget Research
2024/08/14
Tether Treasury Mints Additional 1 Billion USDT on Ethereum Network | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Binance Launchpool to launch Toncoin (TON).
  • HashKey Global to list PENDLE, ONDO, and ETHFI.
  • Bitget Wallet surpasses MetaMask in global downloads in July, with total users exceeding 30 million.

2. Cryptocurrency Trends:

  • Shobhit Maini, Citigroup's global head of digital assets, leaves to pursue new opportunities in the crypto industry.
  • CoinList launches a staking fund that supports the staking of ETH, SOL, NEAR, SUI, and MINA.
  • Marathon Digital to stamp all Bitcoin blocks it mines with the label "Made in USA."
  • Morph to integrate Henry Social's Luxe Rewards platform.
  • Owlto Finance wraps up its Owlmazing Summer airdrop promotion, with a total of 950,000 cross-chain transactions across 145,000 addresses.
  • Tether Treasury mints an additional 1 billion USDT on the Ethereum network.
  • Grayscale launches Grayscale MakerDAO Trust for MKR.

3. Financing Trends:

  • Reddio, an Ethereum Layer 2 network, completes seed round funding led by Paradigm and Arena Holdings.
  • Essential, an intent-centric blockchain infrastructure project, raises $11 million in a funding round led by Archetype.

4. Regulatory Trends:

  • The U.S. SEC charges NovaTech and its leaders with orchestrating a $650 million crypto fraud scheme.
  • The U.S. Court of Appeals revives the HEX manipulation case against Binance.US.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.