Rhythm Evening News｜A list of important information in the crypto industry on August 16

Justin Sun: All revenue earned by sunpump will be used to buy back and destroy SUN tokens

BlockBeats news, on August 16, Justin Sun posted on social media, "All 100% of the protocol revenue earned by sunpump will be used to buy back SUN tokens in a decentralized manner, and then completely destroy them, thereby returning value to the protocol."

DefiLlama founder: DEX Screener earns $150,000 to $250,000 a day by charging for adding token information

BlockBeats news, on August 16, DefiLlama founder 0xngmi posted on social media, "Just started tracking real-time on DefiLlama According to DefiLlama data, DEX Screener's revenue on each chain on August 15 was $123,410 on Solana chain, $12,430 on Ethereum mainnet, $5,620 on Polygon chain, and $1,380 on Base chain.

Data: pump.fun's cumulative revenue exceeds 96 million US dollars

BlockBeats news, on August 16, according to Dune data, Solana meme coin platform pump.fun's cumulative revenue has reached 96,950,903 US dollars.

Arthur Hayes: If the legal currency system collapses, Bitcoin will usher in a surge

BlockBeats news, on August 16, BitMEX co-founder Arthur Hayes posted on social media that if the Bank of Japan and the Federal Reserve do not allow the interest rate gap between the US dollar and the yen to narrow, the market will continue to increase leverage. If the fiat currency system collapses, or more fiat currency liquidity chases and flows into assets with limited supply, Bitcoin will skyrocket.

Harris's digital advertising spending has reached 10 times that of Trump, focusing on the propaganda offensive of technology platforms

BlockBeats reported that on August 16, according to an analysis by the Financial Times, Kamala Harris has spent 10 times as much on digital advertising as Donald Trump since becoming the Democratic presidential candidate. Since President Joe Biden withdrew from the campaign on July 21, Harris has spent $57 million on Google and Meta ads, while Trump has spent only $5.6 million. Trump, the Republican presidential candidate, is saving money while relying on traditional media to convey his message.

The Democratic presidential candidate's digital advertising offensive is part of the $139 million that the Biden-Harris campaign has spent on tech platforms since the beginning of the year, while Trump and groups supporting his campaign have spent only $22.5 million.

Orderly Network announced that ORDER tokens will be issued on August 26

BlockBeats news, on August 16, according to official news, Orderly Network announced that ORDER tokens will be issued on August 26, users can claim all airdrops on the same day, and staking activities will also start on the same day.

Well-known trader Ansem: Recent trading performance is extremely poor, and he is seriously considering quitting the circle permanently

BlockBeats news, on August 16, crypto KOL Ansem said on social media that he lost about $250,000 in the last month, which is a quarter of his assets, and is seriously considering cashing out and leaving the cryptocurrency market permanently. Ansem admitted that he had completely lost his advantage in the current market, felt lost, and had a very poor trading level recently (Trading like dog shit), and made a series of wrong decisions.

It is worth noting that this tweet is suspected to be a joke, and once it was released, it was copied and forwarded by many people.