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:

• R eddio, 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.