TipsYour language is currently not supported and you've been automatically directed to the English article.

Babylon's Bitcoin Staking Has Reached its Maximum Staking Limit | Cryptocurrency Trends

Jarseed, Bitget Research
2024/08/23
Babylon's Bitcoin Staking Has Reached its Maximum Staking Limit | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • Binance to list POPCATUSDT and SUNUSDT perpetual futures on August 22, 2024, 9:00 PM (UTC+8) and August 22, 2024, 9:05 PM (UTC+8), respectively, with up to 75x leverage.
  • Binance to list ALPACAUSDT perpetual futures on August 22, 6:30 PM (GMT+8), with up to 75x leverage.

2. Cryptocurrency Trends:

  • Justin Sun posts on social media, "Yesterday, TRON's revenue reached an all-time high of $5.33 million, ranking first among all blockchains."
  • Babylon launches its mainnet, and its BTC staking has reached the maximum staking limit.
  • Franklin Templeton, a global asset management giant, expands its on-chain money market fund to the Avalanche network.
  • Grayscale launches Grayscale Avalanche Trust, an AVAX trust that offers accredited investors exposure to AVAX.
  • Stork Network, a Web3 oracle service provider, raises $4 million in seed round funding led by Lightspeed Faction, with participation from Lattice, CMS, and Wintermute.
  • Optimism states on social media that 50 million OP tokens have been rewarded to the creators and builders of Superchain, and adds that the Retro Funding program is just getting started.

3. Financing Trends:

  • SatLayer, a Bitcoin restaking platform, raises $8 million in pre-seed round funding co-led by Hack VC and Castle Island Ventures.
  • Arch, a crypto lending platform, raises $5 million in seed round funding co-led by Morgan Creek Digital and Castle Island Ventures.

4. Regulatory Trends:

  • The U.S. Securities and Exchange Commission (SEC) pushes back Hex founder Richard Heart's attempts to dismiss the lawsuit filed against him, stating it has the jurisdiction to proceed with the case.
  • OmegaPro co-founder Andreas Szakacs was arrested in Turkey in July for his alleged role in the company's $4 billion cryptocurrency Ponzi scheme.
  • The Seoul High Court overturns the lower court's ruling and rules in favor of the plaintiff in the appeal case regarding the cancellation of additional income tax on Bithumb Korea, the operator of the virtual asset trading platform Bithumb.
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.