Rhythm Evening News｜A list of important information in the crypto industry on August 13

SATS's total market value surpasses ORDI, temporarily reported at $664 million

BlockBeats news, on August 13, according to market data, SATS's total market value temporarily reported $664 million, surpassing ORDI (total market value of $656 million), ranking 99th in the cryptocurrency market value ranking.

As of the time of posting, SATS temporarily reported $0.0000003164, a 24-hour increase of 22.2%. ORDI temporarily reported $31.25, a 24-hour increase of 13.9%.

PIZZA breaks through $4, up 31.53% in 24 hours

BlockBeats news, on August 13, according to HTX market information, Inscription PIZZA broke through $4 and is now at $4.05, up 31.53% in 24 hours.

DBR futures on Whales Market are now at $0.022, down 78% in 24 hours

BlockBeats news, on August 13, according to Whales Market information, DBR futures are now at $0.022, down 78% in 24 hours.

BlockBeats previously reported that on August 12, the cross-chain interoperability protocol deBridge Foundation announced that the DBR token allocation qualification query page has been launched, with a total supply of 10 billion tokens and an initial circulation supply of 1.8 billion tokens.

Modular track tokens generally rose, SAGA rose more than 31% in 24 hours

BlockBeats news, on August 13, according to HTX market data, modular track tokens saw a general rise, including:

SAGA is currently trading at $1.676, up 31.72% in 24 hours;

DYM is currently trading at $1.521, up 18.92% in 24 hours;

TIA is currently trading at $5.933, up 9.55% in 24 hours.

The blue-chip NFT floor price rebounded slightly, and the MAYC floor price increased by 12.98% in 7 days.

BlockBeats news, on August 13, according to Blur market data, the floor prices of the blue-chip NFT series have rebounded to varying degrees, including:

BAYC floor price 9.8 ETH, 7-day increase of 9.99%;

PudgyPenguins floor price 8.69 ETH, 7-day increase of 5.85%;

Azuki floor price 3.99 ETH, 7-day increase of 2.28%;

MAYC floor price 1.62 ETH, 7-day increase of 12.98%.

BA Labs proposed WBTC-related parameter adjustment suggestions in the MakerDAO forum to reduce WBTC risks

BlockBeats news, on August 13, MakerDAO said on the social platform that BA Labs proposed a series of WBTC-related parameter adjustment suggestions in the Maker forum, aiming to reduce the risks associated with WBTC collateral in the Maker protocol core WBTC vault and SparkLend.

These adjustment suggestions are aimed at stopping new borrowing of WBTC collateral and will be voted on in the upcoming executive vote. If passed, these adjustments will not affect existing borrowing positions, either in the Maker protocol's core WBTC vault or in SparkLend; they will only prevent any further WBTC-based borrowing.

Here are the details of the proposed parameter adjustments:

Core Vault:

· WBTC-A DC-IAM line (max DC): reduced to 0.

· WBTC-B DC-IAM line (max DC): reduced to 0.

· WBTC-C DC-IAM line (max DC): reduced to 0.

SparkLend:

· Disable WBTC borrowing.

· Reduce LTV of WBTC from 74% to 0%.

For users who are already borrowing against WBTC collateral in the Maker Protocol’s core WBTC vault or SparkLend, these changes will be implemented without any impact on their existing positions or borrowing parameters.

Spot Ethereum ETF weekly fund flow achieved positive growth for the first time

BlockBeats news, on August 13, according to Arkham data, the weekly fund flow of the spot Ethereum ETF achieved positive growth for the first time, with a net inflow of 31,500 ETH last week, equivalent to US$75.07 million.

This round of fund inflows was mainly driven by BlackRock, which has purchased a total of US$168.55 million worth of ETH. It is worth noting that BlackRock's single-day on-chain inflow peaked on August 7, receiving US$108.02 million worth of ETH on that day.

Matrixport: Ethereum volatility has surpassed Bitcoin

BlockBeats news, on August 13, Matrixport released the latest view that the 30-day actual volatility difference between Ethereum and Bitcoin basically remained between 1.0 and 1.5, indicating that at the peak of volatility, Ethereum's volatility was 50% higher than Bitcoin.

Due to Ethereum's poor performance since this round of bull market, its high volatility has weakened its appeal to investors. However, as long as the volatility difference remains in this range, buying Ethereum volatility at a low level may be an attractive opportunity.

Curve: CRV inflation rate dropped to 6.35%

BlockBeats news, on August 13, Curve Finance officially announced that CRV's inflation rate has been reduced to 6.35%, or 375,000 CRV per day.

LINK, CRV, AAVE top the Smart Money 24-hour inflow list

BlockBeats news, on August 13, according to Nansen data, Smart Money 24-hour Ethereum network fund inflow tracking list is as follows:

LINK: inflow of 820,000 US dollars, current price 10.37 US dollars, 24-hour increase of 2.99%;

CRV: inflow of 800,000 US dollars, current price 0.3048 US dollars, 24-hour increase of 12.89%;

AAVE: inflow of 670,000 US dollars, current price 98.1 US dollars, 24-hour increase of 5.92%.

Pump.fun's July protocol revenue reached 28.73 million US dollars, a record high

BlockBeats news, on August 13, according to DefiLlama data, Solana meme coin platform Pump.fun's July protocol revenue reached 28.73 million US dollars, a record high.

Currently, the platform's cumulative protocol revenue has reached 89.03 million US dollars.

Quantitative trading company Jane Street may be hoarding BTC, withdrawing 911 BTC from Gemini in the past 9 hours

BlockBeats news, on August 13, according to the monitoring of on-chain data analyst @ai_9684xtpa, quantitative trading company Jane Street may be hoarding BTC, and its address has withdrawn a total of 911.19 BTC from Gemini in the past 9 hours, about 54.03 million US dollars, with an average cost of 59,296 US dollars.

Seven months ago, the company had a very similar operation, accumulating 865 and 1,147 BTC from Gemini on January 20 and February 1, respectively. At that time, the price of the currency was only $41,855, and it has now made a floating profit of $34.82 million.

Three Arrows Capital liquidators seek at least $1.3 billion in compensation from Terraform Labs

BlockBeats news, on August 13, the liquidators of the bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) are seeking at least $1.3 billion in compensation from Terraform Labs to make up for the losses suffered by the fund after the collapse of TerraUSD and Luna tokens in 2022.

The liquidators stated in court documents that before the collapse of these tokens, Terraform induced 3AC to buy Luna and TerraUSD by manipulating the market for these tokens, "artificially raising asset prices." They said that the collapse not only wiped out 3AC's investment in these tokens, but also caused significant losses in other assets.

Nikkei 225 Index Recovers Losses Since August 5th

BlockBeats reported that on August 13, the Nikkei 225 Index recovered to the level before it fell more than 12% on August 5th. As of 10 a.m. Tokyo time, the Nikkei 225 Index rose 2.7% to 35,961.95 points.

Ikuo Mitsui, fund manager at Lanze Securities, said: "The massive sell-off peaked last week, and investors' attention is turning to fundamentals such as corporate profitability." "Investors are buying stocks at low valuations."

Ryuta Otsuka, strategist at Toyo Securities, said, "Today's Japanese stock market is likely to be the first calm in a while. The stability of the yen will also help stabilize the Japanese stock market." (Jinshi)

Musk: The total number of views of the conversation with Trump and subsequent discussions on other accounts has now reached about 1 billion times

BlockBeats news, on August 13, Musk posted on social media that the total number of views of the conversation with Trump and subsequent discussions on other accounts has now reached about 1 billion times.

F2Pool co-founder Wang Chun: We have been preparing for this SpaceX mission for 2 and a half years, and this mission is the first in the history of spaceflight

BlockBeats reported that on August 13, f2pool co-founder Wang Chun posted on social media that he had been looking forward to participating in SpaceX's manned polar mission for 2 and a half years, and the proposal, planning, trajectory design and crew selection for this mission were all completed by the customer.

This trip is a space tourism mission, but it is different from any previous space tourists. In the history of spaceflight, this is the first time that private individuals can rent an entire spacecraft to plan, design and execute their own very personal missions with clear goals.

Top trader Eugene: The current market price trend is similar to that in March 2022 or August 2023

BlockBeats news, on August 13, top trader Eugene Ng Ah Sio posted on social media that the current market price trend is similar to that in March 2022 or August 2023. However, investors should choose their own optimistic direction.

BlockBeats Note: According to Bitcoin historical price data, Bitcoin rebounded to the highest point below the top in March 2022, and then started a unilateral decline in April. In August 2023, Bitcoin fell rapidly in mid-month, and then briefly consolidated and started a unilateral rise.

Market news: US SEC sent letters to venture capital funds such as a16z and USV regarding Uniswap issues

BlockBeats news, on August 12, according to market news, the U.S. Securities and Exchange Commission (SEC) sent letters to venture capital funds such as a16z and USV regarding Uniswap issues.

CryptoQuant: Bitcoin miner reserves have fallen to the lowest level since the beginning of 2021

BlockBeats news, on August 12, CryptoQuant posted on social media that "Bitcoin miner reserves have fallen to the lowest level since the beginning of 2021."

Founder of DeFiance Capital: The market share of the DeFi sector has recently dropped to a three-year low and is expected to rebound strongly in the new interest rate cycle

BlockBeats news, on August 13, Arthur Cheong, founder and CEO of DeFiance Capital, said on his social platform, "DeFi, as the sector that best meets market demand in the field of cryptocurrency, has recently reached its lowest point in three years relative to the total market value of global cryptocurrencies. I expect this to bottom out in the next few months and rebound strongly when we enter a new interest rate cycle."