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00:51

「Quad-Short ETH Whale」 with a 75% win rate narrowly avoided liquidation with a 14,000 ETH position. After adding more collateral, the liquidation price increased from $3699 to $3724.

BlockBeats News, August 7th, according to on-chain analyst Yu Jin's monitoring, less than $1 away, the "Four Battles ETH 75% Win Rate Whale" was in danger of being liquidated with a forced settlement of 14,000 ETH.At 2 o'clock in the morning, the price of ETH rose to a high of $3,698.8, while the li...
00:41

Orca Council Releases Governance Proposal to Buy Back ORCA with up to 55,000 SOL

BlockBeats News, August 7th, the Orca Council has released a governance proposal to repurchase ORCA using up to 55,000 SOL and stake it to a validator node. During a 5-day voting period followed by a 2-day cooldown period, ORCA token holders can submit veto votes. Proposal details:· Fund Size: All S...
00:31

A whale has accumulated a total of 128,204 ETH over the past 3 days, worth $4.645 billion.

BlockBeats News, August 7th, according to on-chain analyst ChainInfo, a certain whale/institution has been accumulating ETH after creating a wallet through BitGo, and has continued to receive 27,073 ETH ($97.62 million) from multiple institutional business platforms in the past 20 hours.Currently, i...
00:21

Standard Chartered: Ethereum Treasury Company Now 'Very Investible,' Superior to U.S. Spot Ethereum ETF

BlockBeats News, August 7th, according to The Block, Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, stated that Ethereum Treasury Companies are now "very worthy of investment," making them more attractive to investors compared to a U.S. spot Ethereum ETF. The N...
00:21

Parataxis Holdings to Merge with SilverBox Corp IV, Aiming to Raise $640 Million to Establish Bitcoin Treasury Company

BlockBeats News, August 7th. According to The Block, crypto investment startup Parataxis Holdings stated on Wednesday that it is merging with special purpose acquisition company SilverBox Corp IV to raise $640 million for a Bitcoin treasury company that will be listed on the New York Stock Exchange....
00:11

Federal Reserve Governor Powell: July Employment Data Cause for Concern, Significant Data Revision Possible as Economy Approaches Turning Point

BlockBeats News, August 7th, Federal Reserve Governor Powell stated that caution must be exercised when interpreting data. The July employment data was concerning, and significant data revisions may occur as the economy reaches a turning point. (Xinhua Finance)
00:11

Federal Reserve's Powell: Labor Market Slowing, Tariffs Only Have Short-Term Impact, Fed Will Soon Cut Interest Rates

BlockBeats News, August 7th. San Francisco Fed President Daly said on Wednesday that considering the slowing labor market and her assessment that tariffs pose only a short-term threat to inflation, she believes the Fed will soon need to cut interest rates. "In the absence of tariffs, inflation has b...
00:11

Trump Says He Will Nominate an Acting Fed Board Member in the Coming Days

BlockBeats News, August 7th - President Trump said that he may nominate an interim Federal Reserve Board member in the coming days to fill a vacancy, rather than taking the opportunity to advance his preferred candidate for the next Fed chair. "We may make the interim appointment first, and then we'...
18:11

Tornado Cash Case Reaches Partial Settlement: Guilty of Operating Unlicensed Money Transmitting Business

BlockBeats News, August 7th, Tornado Cash co-founder Roman Storm's trial reached a partial verdict: the charge of operating an unlicensed money transmitting business was upheld, the money laundering conspiracy charge remains undecided, and the third charge (evading sanctions) resulted in a not guilt...
18:01

Bitlight Labs is pleased to announce that the RGB mainnet is now live, allowing open testing of asset issuance.

BlockBeats News, August 7th, RGB Protocol infrastructure developer Bitlight Labs announced that the RGB mainnet is now live, supporting access to the RGB Faucet to mint test assets on RGB and explore Bitcoin's on-chain native smart contract capabilities.
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