Wave L2 Whitepaper Released, Supports Simultaneous Launch of Multiple Interconnected Layer 2s｜Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Bittrex agrees to pay a US$24 million fine in its settlement with the SEC.
• Binance launches USDⓈ-M OXT 1X–20X perpetual futures.
• CZ: The MPC wallet vulnerability identified by Fireblocks was promptly addressed, and no user funds were affected.
• Binance announces the removal of ALGO/ BNB, TRX/BTC, and other liquidity pools from its yield farming services.
• Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)

2. Cryptocurrency Trends:

• Fed's Daly: Rate cut discussion expected next year will depend on economic and inflation trends.
• Circle reports an H1 2023 revenue of US$779 million, exceeding its revenue for all of 2022.
• The U.S. consumer price index rose 3.2% from a year ago in July, accelerating for the first time since June 2022.
• Waves founder: The release of the Waves L2 whitepaper will support the independent deployment of interconnected L2 networks.
• The opBNB testnet will undergo a PreContract hard fork on August 14.
• MakerDAO founder submits a community proposal on the "pre-mining airdrop plan and the SubDAO mining economic model."

3. Financing Trends:

• Coinbase Ventures makes a strategic investment in Rocket Pool, an Ethereum staking protocol.
• Binance Labs invests US$5 million in CRV and provides support for the deployment of Curve on BNB Chain.
• Web3 security firm Spearbit raises US$7 million in a funding round led by Framework Ventures.

4. Regulatory Trends:

• French financial regulators amend crypto firm registration requirements in line with EU MiCA regulations.