DWF Labs Announces Partnership with SunPump | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Coinbase includes Polygon Ecosystem Token (POL) in its listing roadmap and adds support for POL on the Polygon and Ethereum networks.
• Gate to list Orderly Network (ORDER) on August 26, 6:00 PM (UTC+8).
• OKX to delist the DMAILUSDT, VENOMUSDT, and RENUSDT perpetual futures trading pairs on August 29, 4:00 PM (UTC+8).
• Binance to remove several spot trading pairs, including ARKM/TUSD.

2. Cryptocurrency Trends:

• According to the minutes released by the Federal Reserve, a "vast majority" of members believe a rate cut in September is possible.
• ZKsync Era, a Layer 2 scaling solution, experienced a sharp drop in revenue following an airdrop on June 24, with revenue falling to just $6800 last Sunday.
• According to preliminary estimates for the annual benchmark revision released by the U.S. Bureau of Labor Statistics, the total number of U.S. nonfarm payrolls was revised down by 818,000 in March 2024, representing a 0.5% decline.
• SunDog announces on social media that it will double the airdrop size to $2 million for TRX holders, with an expected 500,000 eligible recipients. The snapshot will be taken on August 22, 6:00 PM (UTC+8).
• BlackRock's iShares Ethereum Trust (ETHA) surpasses $1 billion in cumulative net inflow, making it the first among the 11 issuers to reach this milestone.
• DWF Labs announces a partnership with SunPump, with no further details disclosed.
• Tether announces plans to partner with Phoenix Group (PHX), an Abu Dhabi-listed cryptocurrency group, to launch a token pegged to the UAE dirham.
• Justin Sun says on social media the recent spike in network activity has caused an energy shortage. He informed the Super Representatives, who are expected to propose raising the energy limit today, significantly reducing energy costs and fees.

3. Financing Trends:

• BSX, a Base ecosystem DeFi derivatives protocol, raises $6.2 million in seed and pre-seed funding rounds. The seed round secured $4 million and was led by Blockchain Capital.
• GAMEE, a Web3 gaming platform and subsidiary of Animoca Brands, announces receiving an investment from Pantera Capital.

4. Regulatory Trends:

• The Terra project announces that a date has been set for the plan confirmation hearing regarding the Chapter 11 bankruptcy case for Terraform Labs Pte Ltd (TFL) and Terraform Labs Limited (TLL).