How much did you miss on August 25th?
Featured news
1. Arthur Hayes: HYPE is expected to have 126x potential upside
2. The number of ETH waiting in line to join the Ethereum PoS network has risen to 404,500, while more than 840,000 ETH are waiting to be withdrawn3
. Galaxy, Jump and Multicoin seek to raise $1 billion to purchase SOL
4. The cumulative revenue of the Base on-chain sports prediction application Football.Fun exceeded $1.5 million
5. The market value of the meme coin balajis exceeded $20 million in a short period of time, with a 24-hour increase of 123% Selected
articles
1. "Solana Meme is back strongly, what is the chain speculating?" Although
the recent compliance trend of cryptocurrencies is obvious, it seems that all blockchain projects are involved in "compliance", "institutional" and "policy trends" for a while. However, the boom in on-chain Memecoin and ICM projects seems to be far from over, as if in order to seize the "last wave" of on-chain craze, various platforms have chosen to offer "killer moves" at this time. BlockBeats has compiled several of these recent high-performing targets for introduction.
2. "Foundries of the Future Trillion Stablecoins"
Bridge, a stablecoin issuance platform owned by Stripe, one of the world's largest online payment infrastructures, has launched its native stablecoin MetaMask USD (mUSD) for MetaMask, a wallet application with more than 30 million crypto users. Bridge is responsible for the full issuance process, from reserve custody and compliance audits to smart contract deployment, while MetaMask focuses on polishing the front-end product interface and user experience. This cooperation model is one of the most representative trends in the current stablecoin industry, and more and more brands are choosing to outsource the complex issuance process of stablecoins to professional "foundries", just like Apple handed over the production of iPhones to Foxconn.
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week of August 25
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