SWFT Blockchain
SWFT Blockchain
AAVE+0.68%
SOL-1.63%
ETH+0.37%
SWFTC-0.75%
📢 Today’s Top Crypto Headlines: 📉 Macro Pressure from Fed Investor sentiment remains weak ahead of key U.S. Fed events: •Aug 20: FOMC July minutes •Aug 22: Powell’s Jackson Hole speech High-rate concerns are weighing on markets. Strategy (ex-MicroStrategy) sank -7.8%, while Galaxy, SharpLink, and BitMine saw ~-10% declines. 🏛️ Wyoming Launches Public Stablecoin Wyoming introduced the Frontier Stable Token (FRNT), the first USD-backed stablecoin by a public entity. •Backed by cash + short-term Treasuries •2% overcollateralized •Live on Ethereum, Solana & 5 more chains •Exchange & payment integrations coming soon This move cements Wyoming’s role as a crypto regulatory trailblazer. 📈 Figure Technology IPO Filing Blockchain lending platform Figure Technology (FIGR) filed for a U.S. IPO. •$191M revenue (+22% YoY) in H1 2025 •$29M net profit after prior year loss •$16B+ in home equity loans facilitated •Backed by Goldman Sachs, Jefferies & BofA Seen as a major step for tokenization adoption. ⚠️ Aave’s Growing Influence in DeFi Aave holds 50% of DeFi lending, with $36.7B TVL across 16 chains. •37% of deposits from whales ($100k+ each) •Founder-led governance remains highly centralized •Raises systemic risk concerns if large withdrawals/liquidations occur DeFi’s concentration risks are starting to mirror traditional finance. Real-time, AI-powered market insights, only with SWFTGPT! 📲 Listen now:
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