Daily Report | friend.tech's total trading volume exceeds 30,000 ETH; Grayscale's GBTC last week reached the highest negative premium rate since April 26 last year
The total market value of stablecoins has reached its lowest level since September 2021; Prins AI announces the completion of a $22 million Series A+ financing.整理：flowie，ChainCatcher
"What Important Events Happened in the Last 24 Hours"
1、 Data: friend.tech Total Transaction Volume Exceeds 30,000 ETH
Dune data shows that the total transaction volume of friend.tech exceeds 30,000 ETH, with a nearly 50% increase in 15 hours, and protocol revenue reaching 1383 ETH, a 42% increase in 15 hours. (Source link)
2、 Data: Grayscale GBTC Negative Premium Rate Reached 23.9% Last Week, Highest Since April 26 Last Year
According to Coinglass data, the current total value of Grayscale's holdings is approximately $21.669 billion, with the negative premium rate of Grayscale Bitcoin Trust (GBTC) at 25.83%; the negative premium rate for ETH Trust is 38.66%; for ETC Trust it is 54.05%; and for LTC Trust it is 28.44%. Last week on August 15, the GBTC negative premium rate was 23.9%, the highest since April 26, 2022. (Source link)
3、HashKey Will Launch Retail Virtual Asset Trading App Next Week, Limiting Virtual Asset Investment to No More Than 30% of Total Assets
HashKey will launch a trading platform application for retail investors on August 28. HashKey Group COO Weng Xiaoqi stated that retail investors can initially invest in BTC and ETH, and investments in virtual assets will be limited to no more than 30% of total assets.
Weng Xiaoqi mentioned that the retail tiering system will evaluate investors' past experiences and risk tolerance through KYC, and a questionnaire will determine their understanding of virtual assets as securities, with relatively limited investment opportunities for newcomers. The first batch of retail investors will only be able to trade Bitcoin and Ethereum, as currently 70-80% of market transactions are concentrated in these two cryptocurrencies. He noted that the Hong Kong Securities and Futures Commission has not yet approved margin and derivative trading tools, and when regulatory approval is granted in the future, related products will also be tiered to offer various products to different types of users.
ChainCatcher previously reported that on August 3, HashKey Exchange announced that it would open services to retail users in a few weeks, and would not accept account opening requests from mainland China based on local regulatory policies. (Source link)
4、Data: Current Total Market Value of Stablecoins is Approximately $123.3 Billion, Lowest Level Since September 2021
According to DefiLlama data, the current total market value of stablecoins is approximately $123.3 billion, with a 7-day decline of 0.94%, the lowest level since September 2021. Based on market capitalization, the top three stablecoins are USDT ($82.8 billion), USDC ($25.64 billion), and DAI ($3.966 billion). (Source link)
5、Folius Ventures Founder: Optimistic About BLUR Team Quality and Remaining Funds, NFTs Will Return in Different Forms
Folius Ventures founder MapleLeafCap tweeted that despite many negative news in the NFT market, he believes that the BLUR token can be bought at a low price at a certain price point, mainly based on the following reasons:
- The quality of the BLUR team is strong; 2. It has considerable remaining funds; 3. NFTs will return in different forms, supporting BLUR to the next bull market; 4. Based on the exchange's extraction ratio and valuation multiples, the current price of BLUR has support. (Source link)
6、AI-Driven Digital Human Service Provider Prins AI Announces Completion of $22 Million Series A+ Financing
AI-driven digital human service provider Prins AI announced the completion of $22 million in Series A+ financing, with new funds to be used to advance deep learning technology, expand the team, enhance product development capabilities, and optimize marketing and sales efforts.
It is reported that the platform uses blockchain technology and smart contracts to record the training and application records of AI digital humans, and employs a cryptocurrency reward mechanism to allow users to participate in AI digital human training programs. This technology has been applied in various scenarios including broadcasting media, brand marketing, e-commerce live streaming/short videos, educational entertainment, AR/VR/AI, NFTs/metaverse, and more.
Previously, the company completed $10 million in Series A financing, with investors including Base 10, Kleiner Perkins, and Paradigm. (Source link)
"What Interesting Articles Are Worth Reading in the Last 24 Hours"
1、“Temasek Web3 Fund Superscrypt: What Valuable Changes Exist in Web3 Social?”
To understand the feasibility of Web3 social, the best way is to first understand how past waves of innovation were formed and assess whether Web3 social has similar characteristics. Waves of innovation occur at the intersection of technological innovation and new consumer/business values; they change the way our world operates, and in hindsight, these impacts are often obvious. Just like in the real world, after a tsunami, there are often several giant waves following it. Silicon chips and the internet are the tsunami, while personal computing, e-commerce, digital financial services, and Web2 social platforms are the subsequent waves.
In the Web3 field, blockchain is the new tsunami, followed by waves such as decentralized finance, dapps, and NFTs. Will Web3 social platforms become the new wave? Can they provide more added value than previous revolutions? Temasek Web3 Fund Superscrypt analyzes this in the article.
Have you ever wondered how Rollup generates such astonishingly high revenue levels?
@ BuildOnBase achieved over $2 million in revenue in less than 3 weeks… Inspired by @ DavideCrapis's recent post titled "Rollup Economics 2.0," let's delve into the economic model of Rollup.
Key points of this article: 1) The "old-school" business model of Rollup; 2) How Rollup design has become more complex; 3) Interoperability; 4) The role of Layer 3.
