Planet Daily | Harris officially won the Democratic presidential nomination; BlackRock and Nasdaq submitted applications
Manşetler
Harris officially wins Democratic presidential nomination
Odayapay zekaly Planet Daily reported that US Vbuz President Kamala Harris officially won the Democratic presidential nomination, becoming the first black woman and Asian American to lead the presidential candidates of a major US political party.
The 59-year-old vice president is expected to formally accept the nomination at the Democratic National Convention in Chicago later this month. She is already the presumptive nominee; President Joe Biden endorsed her after ending his reelection campaign, and there are no other challengers on the ballot.
While the delegate vote was a formality, it brought to a close a tumultuous chapter in the 2024 presidential race and opened a new one – a showdown with Republican Donald Trump. (Sky News)
BlackRock and Nasdaq submit spot Ethereum ETF options application to SEC
Odaily Planet Daily reported that Nasdaq and BlackRock plan to list options on their spot Ethereum ETF and start trading.
BlackRock and Nasdaq ISE, LLC proposed a rule change to enable the launch of options on the iShares Ethereum Trust (ticker: ETHA), according to a filing posted on the U.S. Securities and Exchange Commission’s website on Tuesday.
“The Exchange believes that offering options on the Trust will benefit investors by providing them with a relatively low-cost investment vehicle to gain exposure to spot Ethereum and as a hedging tool to meet their investment needs related to Ethereum products and positions,” the filing reads.
Comments on the proposal will be submitted within 21 days. Bloomberg analyst James Seyffart said the SEC could make a final decision on the proposal in early April 2025. (The Block)
Endüstri Haberleri
Binance CEO: Binance recorded $1.2 billion in net capital inflow in the past 24 hours
Odaily Planet Daily News: Richard Teng, CEO of Binance, said on the X platform that according to DefiLlamas CEX transparency indicator, Binance recorded a net inflow of $1.2 billion in the past 24 hours, which shows strong investor confidence. Yesterday, Binance also witnessed the highest level of trading volume so far this year, and the market is currently witnessing a rebound in the prices of major tokens, which is confirmed by the current market trend.
BlackRock IBIT had no inflows/outflows yesterday, with a trading volume of $1.3 billion
Odaily Planet Daily reported that according to Trader T monitoring, there was no inflow/outflow of funds in BlackRock IBIT yesterday, and the trading volume reached US$1.3 billion.
According to Farside Investors data, as of press time, yesterday (August 6) the capital inflow data of the US spot Bitcoin ETF and spot Ethereum ETF are as follows:
Spot Bitcoin ETF: GBTC had a net outflow of US$32.2 million; ARKB had a net outflow of US$28.9 million; EZBC had a net outflow of US$23 million; BITB and BTC had no inflow/outflow of funds.
Spot Ethereum ETF: ETHE net outflow of US$39.7 million; EZET net inflow of US$1 million; ETH net inflow of US$4.7 million; ETHW and CETH had no inflow/outflow of funds.
Odaily Planet Daily News: OpenAI was founded in 2015 with 11 founding team members, and 8 co-founders have left the şirket so far. One of the remaining co-founders, President Greg Brockman, said he will take a long vacation on Monday. (Business Insider)
Earlier today, it was reported that Greg Brockman, president of OpenAI and one of its 11 co-founders, will extend his leave of absence. Another co-founder and key leader, John Schulman, has joined Anthropic, a competitor founded by former OpenAI researchers. Peter Deng, the product director who joined the company last year, has also left, according to a person with direct knowledge of the companys changes. He previously served as product director at Meta Platform, Uber and Airtable.
The previously unreported departures appear to be unrelated to each other, but suggest the company’s leadership has yet to stabilize after firing and rehiring CEO Sam Altman in November.
Marathon Digital increased its holdings by 2,282 bitcoins in July
Odaily Planet Daily News Bitcoin mining company Marathon Digital Holdings continues to increase its holdings of Bitcoin as part of its full holding strategy. In July, Marathon Digital increased its holdings of 2,282 BTC, worth more than $124 million at current valuations. According to an announcement released on August 6, Marathons Bitcoin holdings reached 20,818 BTC, worth more than $1.14 billion. In addition to purchasing BTC, Marathon also increased its Bitcoin production in July to 692 BTC, a month-on-month increase of 17%. It is worth noting that Marathon did not sell any BTC in June. (Cointelegraph)
CoinShares Q2 revenue is £22.5 million, up 110% year-on-year
Odaily Planet Daily reported that CoinShares announced its Q2 2024 results, with second-quarter revenue of 22.5 million pounds, a year-on-year increase of 110% from 10.7 million pounds in the second quarter of 2023.
This follows CoinShares’ successful completion of the sale of its FTX claims on June 24, achieving a 116% net brokerage fee recovery rate, translating into a return of £28.7 million.
Odaily Planet Daily News: Former Synthetix Treasurer SynthaMan tweeted yesterday that he lost all his SNX tokens due to liquidation. SynthaMan said that he has held SNX since IC0 and has never sold one, but now he has nothing. As a father of a family of five, he admitted that he did not know how to make a living and said that he was shaking and crying because he could no longer feed his family. SynthaMan called on anyone who has job opportunities related to cybersecurity or security research to contact him, and he is willing to work hard to support his family. He also mentioned that if anyone is willing to donate or lend him money until his ILV is unlocked in September, it can be sent to the wallet address Spartan.eth. SynthaMan said he only needs to get through the next 1.5 months.
Proje Haberleri
Odaily Planet Daily News Ronin posted on the X platform that earlier today, a white hat informed Ronin of a possible vulnerability. After verifying the report, the Ronin bridge was suspended about 40 minutes after the first on-chain operation was discovered. The attacker withdrew about 4,000 ETH and 2 million USDC, worth about $12 million, which is the maximum amount of ETH and USDC that can be withdrawn from the bridge in a single transaction withdrawal. The bridge limit is an important guarantee for improving the security of large fund withdrawals and effectively prevents further damage caused by this vulnerability.
Ronin said that due to an issue introduced after the bridge upgrade was deployed through the governance process, the cross-chain bridge misunderstood the bridge operator voting threshold required to withdraw funds. Efforts are currently underway to find a solution to the root cause. The bridge update will be subject to a rigorous audit and then the bridge operator will vote on whether to deploy it. Negotiations are currently underway with these seemingly white hat hackers, who have responded in good faith. Regardless of the outcome of the negotiations, all user funds are safe, and any shortfall will be re-deposited when the bridge is opened. Post-mortem analysis results will be shared next week, which will introduce technical details and planned measures to prevent similar incidents in the future.
Odaily Planet Daily News Ronin announced on the X platform that the white hat hacker has returned about $10 million in ETH, and USDC is expected to be returned later, thanks to the white hats vigilance and integrity. The bug bounty program will reward the white hat with a bounty of $500,000. The Ronin bridge will be audited before reopening, and will provide updates as the audit progresses.
Uniswap Foundation: As of Q2, it holds $36.81 million in stablecoins and 680,000 UNI
According to official news from Odaily Planet Daily, the Uniswap Foundation released a quarterly financial summary (unaudited) ending June 30, 2024:
As of June 30, 2024, the foundation holds $36.81 million and stablecoins, as well as 680,000 UNI (calculated in UNI). Fiat (USD) cash and stablecoins will be used for grants and operational activities, and UNI will be used for employee token rewards. It is expected to support its operations until the end of 2025, and the specific uses are as follows:
Grants Commitments and Incentives: A total of $26.12 million was allocated to grants. $22.46 million was committed in 2024 and 2025 and $3.66 million was previously committed to be disbursed. The remaining $10.69 million will be used to fund operating expenses through the end of 2025.
In Q2 2024, the Foundation committed $3.22 million in new grants and disbursed $2.48 million in committed grants.
Diego Oliva, the first CEO of Starknet Foundation, will step down
Odaily Planet Daily News Starknet Foundation announced on the X platform that the first CEO Diego Oliva will step down. He has served as CEO of the Starknet Foundation since March 2023, responsible for building the team and organizational structure. In addition, James S will serve as Executive Director to continue to develop the Starknet ecosystem and its adoption. James S has been working at the Starknet Foundation since January 2024.
Blast Lianchuang: The second round of gold points distribution will be shared this week
Odaily Planet Daily News Blur and Blast co-founder Pacman published a post on X saying that he believes that practical actions can play a greater role than empty talk, but as an ecosystem, it is crucial for the entire community to move in the same direction. The team will make some changes to make it easier to communicate with more builders and users.
It also said that the second round of Gold Points allocation will be announced this week (normally it is shared in the first week of each month).
Mode opens Season 1 vesting airdrop for users who hold assets on Mode
Odaily Planet Daily News Modular DeFi L2 network Mode announced on X that Season 1 vested airdrop is now open for claiming. Eligible users can visit the Mode dashboard and view the claim link in the Update/Notification tab. This airdrop is for users who hold assets on Mode.
In addition, users can earn OP rewards by staking MODE tokens in the dashboard, and can also receive up to 5 times the reward bonus by using Mode in ecological applications.
Zircuit launches the first phase of the mainnet and opens Season 1 airdrops
Odaily Planet Daily News EVM compatible zkRollup network Zircuit announced the launch of the first phase of the mainnet on X, and also announced several new plans, including Season 1 airdrop claims and Gas Mining. ZRC will be in a non-transferable state.
The Zircuit Token (ZRC) distributed in Season 1 accounted for 7% of the total supply, and 262,200 addresses were eligible for airdrops. Season 2 was launched on July 7, and another 14% of ZRC will be reserved for future rewards. The total amount of ZRC is 10 billion, of which 21% is used for airdrops and community rewards.
Renzo Season 2 Airdrop Qualification Check
Odaily Planet Daily News Ethereum re-staking protocol Renzo announced on X that it has opened Season 2 airdrop qualification inquiries.
According to its Discord channel announcement, the minimum eligibility requirements for the Season 2 airdrop are as follows: Interacting with the Renzo protocol between April 26 and July 26, 2024; Eligible assets: ezETH, pzETH, or staked REZ; Minimum 2,000 ezPoints balance.
ether.fi launches Diamond event, plans to add more ETHFI rewards in Season 3
Odaily Planet Daily News: Ether.fi announced the launch of the Diamond event on X, and will add more ETHFI rewards in Season 3. In addition to distributing 25 million ETHFI to all eligible Season 3 participants, users can also get more ETHFI from the Diamond event.
1. During the event, users can get 0.1 ETHFI for every ETH staked per day;
2. The official will also match an equal amount of ETHFI to reward all existing pledgers, adding at least 1 million ETHFI;
3. Event time: July 29, 8:01-September 14;
4. The Perks Passport bonuses from Season 1 and Season 2 will be applied, and other Perks Passport bonuses will be invalid.
gm.ai Completes GM Airdrop Season 1 Snapshot, Users Can Redeem Diamonds for GM
Odaily Planet Daily News: gm.ai, the AI project launched by the founder of Whales Market, announced at around 1 a.m. today on X that it has completed the GM airdrop Season 1 snapshot. Users have 24 hours to exchange Diamonds for GM.
To ensure fairness and prevent bots, each user will reserve 20,000 Diamonds for Season 2. For example, a user holding 100,000 Diamonds can now redeem 80,000 GMs, and the remaining will be available in the next phase.
Solana on-chain mining project ORE restarts mining, with a total supply of 21 million
Odaily Planet Daily News: Solana on-chain mining project ORE announced on X that mining has been restarted, and the total supply of ORE is 21 million.
Dmail Network launches staking program, Skale Network joins and offers 500,000 SKL token rewards
Odaily Planet Daily News Dmail Network tweeted that it has launched the Staking program. The first phase of the ecological partner Skale Network has joined and provided 500,000 SKL tokens as rewards to stakers. Users who participate in staking will share these rewards and have the opportunity to receive more rewards in future Dmail airdrops and airdrops from other partners. In the future, Dmail will announce more partners to join the staking ecosystem.
Aigisos announces airdrop plan to airdrop 9% of AIG tokens to the community
Odaily Planet Daily News: Aigisos, a RollApp network based on Dymension, has announced an airdrop plan (Aigisos Genesis Rolldrop). Aigisos will airdrop 9% of AIG tokens to the community. The airdrop range is Aigisos Phoenix incentive test network users, and the second is a wider range of community users including DYM stakers, Gitcoin donors, mainstream derivatives DEX users, Earndrop contributors. Users can now check their qualifications in Aigisos Discord.
Odaily Planet Daily News CoinList published an article on X stating that due to the poor market conditions, the team of the latest token sale project Enso has decided to postpone the token sale plan. The subscriptions that have been promised will be refunded. Buyers who have completed the purchase will receive a 20% token reward when the sale is restarted in the future if the bid is higher than the final auction price.
Regulatory trends
Market News: US Vice President Harris chooses Minnesota Governor Tim Walz as running mate
Odaily Planet Daily reported that according to market news, CNN revealed that US Vice President Harris chose Minnesota Governor Tim Walz as her running mate. Sources said Harris has not yet spoken with Minnesota Governor Tim Walz. (Jinshi)
Harris running mate Tim Walz hasnt said much publicly about cryptocurrencies yet
Odaily Planet Daily News: Democratic presidential candidate Harris has chosen Minnesota Governor Tim Walz as her running mate, a move that will help Harris unite coastal progressives and Midwestern moderates to stop Trump. Tim Walz, 60, is a veteran of the U.S. Army National Guard and a former teacher who was elected governor of Minnesota in 2018. Tim Walz has long advocated for womens reproductive rights, but has also shown conservative tendencies, defending agricultural interests and supporting gun rights. His hometown has consistently supported the Democratic Party in presidential elections, but neighboring Wisconsin and Michigan are considered key to determining this years election. Tim Walz is widely regarded as good at connecting with white rural voters who have generally voted for Trump in recent years, and the Harris team hopes that Walz can attract votes that are not yet determined to re-elect Trump. Tim Walz has not talked much about cryptocurrencies publicly, but during his tenure as governor, Minnesota enacted relevant legislation to strengthen cryptocurrency regulation. (TheBlock)
Yatırım ve Finansman
Odaily Planet Daily News Web3 game studio Curio has completed a $5.7 million seed round of financing, led by Bain Capital Crypto and SevenX Ventures, with participation from OKX Ventures. As of now, its total financing amount has reached $8.7 million. Curio aims to build a composable infrastructure for on-chain games, and the new funds are intended to be used to expand its team size. (TheBlock)
Intent-driven solver platform Khalani completes $2.5 million seed round led by Ethereal Ventures
Odaily Planet Daily reported that according to official news, the intention-driven decentralized solver platform Khalani announced the completion of a $2.5 million seed round of financing on X, led by Ethereal Ventures, with participation from Nascent, Figment Capital, Arthur Hayes (through his family office Maelstrom), Jan Xie, Nick White and others.
The new funding will be used to expand the team, advance research and gelişim, and move Khalani into full production.
Odaily Planet Daily reported that Solana ecosystem RWA tokenization project Elmnts announced on X that it has completed a $2 million Pre-Seed round of financing, led by Graph Ventures, Foundation Capital and B+J Studios, with participation from Asymmetric, Anagram and Solana co-founders Raj Gokal and Anatoly Yakavenko.
Earlier news, Elmnts announced the launch of the Beta version and the launch of its first product, providing users with investment exposure to oil and gas mineral rights and royalties, and will support more commodities in the future.
RWA Project Zoth Completes $1.5M Funding, Launches $100M RWA-Backed ZTLN Token
Odaily Planet Daily reported that according to official news, the RWA project Zoth completed US$1.5 million in financing. The new funds will be used to launch the US$100 million RWA-supported Tokenized Liquid Notes (ZTLN).
This round of financing attracted well-known investors, including Taisu Ventures, G20, Fat Cat Ventures, GemHead Capital, Foundership Ventures, DCI Capital, Absolute Digital VC, Gydra Capital and AstraX Capital. Zoth also received support from Coinbase, Hedera and Ripples XRPL Foundation, in addition to funding from a number of crypto angel investors.
Earlier news said that RWA project Zoth completed US$2.5 million in financing.
Karakter*Ses
Odaily Planet Daily News BitMEX co-founder Arthur Hayes wrote on X that the financial market may face greater turbulence. The first wave of impact has passed, and now the problem of over-leveraged investors in the traditional financial field is waiting to emerge.
He expects the second wave of impact to begin soon, and hinted that if there is a rescue, the market may need to go through more adjustments before Friday. The current respite is only temporary, and market volatility will continue.
Coinbase analyst: Crypto market recovers slightly, short squeeze may occur
Odaily Planet Daily News: Coinbase researcher David Duong said that market conditions on Tuesday indicated that as buying activity on centralized exchanges increased, a short squeeze could occur, which could lead to a market rebound in the coming days. In addition, he emphasized that Genesis distributed Bitcoin and Ethereum in kind in its bankruptcy liquidation plan. The unwinding of the yen carry trade may also affect Mt. Gox creditors current decision to receive Bitcoin.
Duong believes that the recent market decline does not represent the beginning of a new long-term trend or market cycle. (TheBlock)
Matrixport: The market tends to attribute the Bitcoin crash to the unwinding of yen carry trades
Odaily Planet Daily News Matrixport released todays chart saying that the market tends to attribute the plunge in Bitcoin to the unwinding of yen carry trades. Many financial market participants who borrowed yen to invest in high-yield assets are now reversing the direction of their positions, and Bitcoin has become a victim of this process. The Bank of Japans unexpected interest rate hike, coupled with the markets expectations of a rate cut by the Federal Reserve, has increased uncertainty in the central banks policies and led to deleveraging in the financial system. According to some traders, this is the main reason for the decline in Bitcoin prices.
Odaily Planet Daily News Vitalik Yu X said in a post that Arbitrum and Optimism are still worthy of praise because they are the first full-EVM rollup to reach the first stage, and he looks forward to seeing the first ZK-EVM rollup.
Trumps second son: I really fell in love with Crypto/DeFi, and a major announcement is coming soon
Odaily Planet Daily News: Eric Trump, the second son of former US President Trump and current executive vice president of the Trump Organization, posted on X: I really fell in love with Crypto/DeFi. Please look forward to major announcements.
This article is sourced from the internet: Planet Daily | Harris officially won the Democratic presidential nomination; BlackRock and Nasdaq submitted applications for spot Ethereum ETF options (August 7)
Coinbase released its second quarter financial report today, with revenue of $1.45 billion, down 11% from the previous month and up more than 100% year-on-year, almost the same as analysts expectations of $1.37 billion. Net income was $36 million, down 97% from the previous month. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was $596 million. Coinbase has achieved positive revenue growth for four consecutive quarters. Coinbases total trading volume in the second quarter was $226 billion, down 28% from the first quarter, trading revenue was $781 million, down 27% from the previous quarter, and subscription and service revenue increased 17% to $599 million. Total operating expenses were $1.1 billion, up 26% from the previous quarter. Coinbase made good progress in revenue diversification in the second quarter, with subscription…