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01:41

The creator of Trollface has stated that they had no intention to be involved in a Solana-based meme coin using their work, and they have ruled out the possibility of taking legal action.

BlockBeats News, August 7th, according to Decrypt, Carlos Ramirez, the creator of the classic internet meme "Trollface," stated that he has "no interest" in participating in a meme coin based on his own creation and issued on the Solana blockchain because the capitalist nature of the crypto industry...
01:21

Bitwise CIO: Institutions and Governments are Exploring Incorporating Bitcoin into Reserves; Demand May See Exponential Growth in Early Stages

BlockBeats News, August 7th, according to Cointelegraph, Bitwise CIO Matt Hougan stated that institutions and governments are discussing incorporating Bitcoin into their reserves, marking the early stages of exponential demand.
01:21

Placeholder Partner: ETH/BTC Exchange Rate Uptrend Appears Unabated

BlockBeats News, August 7th, Placeholder partner Chris Burniske posted on social media, stating, "The ETH/BTC exchange rate uptrend seems to have not stopped."
01:21

Yesterday, the number of transactions on the Ethereum network reached 1.87 million, nearing an all-time high.

BlockBeats News, August 7th, according to Etherscan data, the daily transaction count on the Ethereum network yesterday rose to 1.87 million transactions, close to the all-time high of 1.96 million transactions set on January 14, 2024.Nansen's Senior Research Analyst, Jake Kenni, stated that this su...
01:01

In the past 24 hours, the entire network has seen $172 million in total liquidations, with the majority coming from the largest short positions.

BlockBeats News, August 7th, according to Coinglass data, the total liquidation in the past 24 hours was $172 million, with long liquidations totaling $71.47 million and short liquidations totaling $101 million.
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....
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