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04:22

Standard & Poor's has assigned Sky Protocol a 'B-' credit rating due to its "centralization and liquidity risks."

BlockBeats News, August 8th, according to The Block, S&P Global has awarded a "B-" credit rating to USDS issuer Sky Protocol, marking the first time the rating agency has issued a credit rating for a stablecoin system. The report points out that although Sky has maintained stable profits since 2020 ...
04:22

A certain trader bought the dip of a meme coin in the past 7 days and made a profit of 138x, totaling over $176,000.

BlockBeats News, August 8th, according to on-chain analyst @ai_9684xtpa's monitoring, a trader has made a 138x return by buying the dip on meme coins in the past 7 days. The Binance futures smart money user NAMSEOKHEE currently holds 75 positions, with 44 wins and 31 losses, totaling profits exceedi...
04:22

「Quad ETH Maxi Whale」 Increases Collateral by $5.53M, Liquidation Price Raised to $4,015.86

BlockBeats News, August 8th, according to LookIntoChain monitoring, the "Four-Battle ETH 75% Win Rate Whale" sold another 1,451 ETH in the past 18 hours, exchanged for 5.53 million USDC, and then deposited these 5.53 million USDC into Hyperliquid to avoid liquidation.The new liquidation price is: $4...
04:12

Block Inc Q2 Gross Profit Reaches $2.54 Billion, Up 14% Year-over-Year

BlockBeats News, August 8th, according to The Block, Twitter co-founder Jack Dorsey's payment platform Block Inc reported that its revenue grew in the second quarter of this year, driving its stock price up 6% in after-hours trading on Thursday.According to the latest quarterly earnings report relea...
04:02

Standard Chartered Bank: Joint Venture with Ant Group, Hong Kong Telecom has officially expressed intention to apply for a Stablecoin License to the Hong Kong Monetary Authority

BlockBeats News, August 8th, Standard Chartered Bank stated that its joint venture with Anquan, and Hong Kong Telecom has formally expressed its intention to apply for a stablecoin license to the Hong Kong Monetary Authority. (Jinse)
04:02

A certain whale in the crypto community has sold 5000 ETH, equivalent to around $19.475 million.

BlockBeats News, August 8th, According to on-chain analyst Ai Auntie (@ai_9684xtpa), as ETH saw a surge, the final limit sell order of a certain whale in this price range was also executed, selling 5,000 ETH at $3,895, worth approximately $19.475 million. This marked the end of the fourth price rang...
03:52

Wang Feng: Suggests Buying ETH at This Stage, Its Value Will Surpass Tesla

BlockBeats News, August 8th, Wang Feng, the founder of BluePort Interactive, stated in a social media post that at this time last year, both Ethereum and Tesla had a market capitalization of around $500 billion. Now, Tesla has more than doubled to over $1 trillion. He mentioned that he was bullish o...
03:52

ResearchHub Foundation will be releasing the "Proposal to Automatically Burn 100% of Transaction Fees Collected by the Foundation Weekly" proposal.

BlockBeats News, August 8th, DeSci project ResearchHub Foundation tweeted that it will propose a governance proposal stating that "100% of the transaction fees collected by the Foundation will be automatically burned weekly." The full details will be announced soon on Snapshot.
03:42

Base: Introducing Creator Content Transaction Fee Splitting Mechanism in the Base app

BlockBeats News, August 8, Base tweeted that on the Base app, creators can earn income when users interact with their content. Whenever a post is bought or sold, the creator will receive a fee directly into their wallet. Starting today, Base will begin supporting creators in this new global economy ...
03:22

Solana On-Chain Meme Coin BOSS Surges Over 132% in 24 Hours, Reaching a Market Cap of $29 Million

BlockBeats News, August 8th, according to GMGN data, Solana-based Meme coin BOSS surged over 132% in the past 24 hours, with a market cap of $29 million and a 24-hour trading volume of $69 million.BlockBeats reminds users that Meme coins often lack practical use cases, experience large price fluctua...
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