Uniswap Changes X Avatar to Pudgy Penguins | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Coinbase conducts its first AI-to-AI crypto transaction. Brian Armstrong explains that a large language model (LLM) uses cryptocurrencies to purchase AI tokens from another AI bot.
• WazirX plans to hold its first meeting on September 2 to discuss the restructuring and moratorium application.

2. Cryptocurrency Trends:

• According to CME FedWatch, there is a 67% probability that the Fed will cut rates by 25 basis points in September, and a 33% probability of a 50 basis point cut.
• Uniswap announces a collaboration with Pudgy Penguins during Korea Blockchain Week. The announcement was made on X, where Uniswap changed its avatar to an image of Pudgy Penguin wearing a pink unicorn hat.
• Pendle enters into a partnership with dappOS, an intent execution network. This collaboration enables users holding intent assets to earn multiple types of returns from Pendle PT, while maintaining the flexibility of using their native assets.
• Solv Protocol secures the top position in the BNB Chain TVL competition, with over 10,000 BTCB staked into SolvBTC.
• Lorenzo, a Bitcoin liquidity financial layer project, officially launches the first phase of its mainnet and expands it to the BNB Chain. This upgrade introduces BTCB staking and the new Yield Accruing Tokens (YAT) feature.
• Vitalik Buterin donates 17.73 ETH to a Gitcoin multisig address. The last similar transaction took place in August of the previous year.

3. Financing Trends:

• Legend of Arcadia, a Web3 game developer , raises $4 million in seed funding with participation from Animoca Brands and others.
• Robot Ventures raises $75 million for its early-stage crypto venture capital fund.

4. Regulatory Trends: