Coinbase Acquires Stake in Circle: Plans to Deploy USDC on 6 New Chains | Cryptocurrency Trends

1.Mainstream Exchange Trends:

• Coinbase acquires stake in Circle — plans to deploy USDC on 6 new chains.
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)

2.Cryptocurrency Trends:

• An address associated with Vitalik Buterin repays 251,000 RAI and withdraws 1000 ETH (US$1.67 million) from Maker. The address transferred 600 ETH (around US$1 million) to Coinbase five hours ago.
• CoinGecko adds a new section for friend.tech tokens. WRAPPED FRIENDS has been launched, allowing friend.tech users to wrap their account shares into ERC-20 tokens and trade them on Uniswap.
• The friend.tech protocol generates US$1.12 million in protocol fees in the last 24 hours, more than DEX leader Uniswap and the Bitcoin network in the same period, and second only to Ether and Lido.
• Empowered Funds submits filings for three Bitcoin futures ETFs under the Ark and 21Shares brand names.
• Justin Sun redeems 206 million DAI for 235,500 wstETH collateral from Maker after the DSR was reduced from 8% to 5%.
• HashKey to launch a virtual asset platform for retail investors on August 28, limiting investments to no more than 30% of total assets.

3.Financing Trends:

• Binance Labs announces an investment in zkWASM infrastructure provider Delphinus Lab.

4.Regulatory Trends: