GBTC's One-Day Net Outflow Reach a Record High of $642 Million | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Binance asks prime brokers to run more stringent checks to eliminate use by U.S. customers.
• OKX upgrades its Web3 Wallet's Discover section with new item tags and more.
• Bitget Wallet: Airdrops BWB points in platform coins to MetaMask, Phantom, and other wallet users.

2. Cryptocurrency Trends:

• Changpeng Zhao: Giggle Academy, a free basic education program for everyone, will be launched;
• Fidelity Applies for Additional Pledge Services in Registration Amendment Files for Spot Ether ETFs;
• NVIDIA unveils GR00T, a general-purpose multimodal foundation model for humanoids, at Nvidia GTC.
• Spot Bitcoin ETFs saw total net outflows of $154 million yesterday, with GBTC seeing a record one-day net outflow of $642 million.
• Grayscale CEO: Expects to reduce GBTC fees in the coming months.
• BNB Chain announces the snapshot for its Airdrop Alliance Program will be from August 2023 to today.
• MicroStrategy completes a $603.75 million convertible senior notes offering to purchase approximately 9245 BTC for $623 Million.
• The Arena, an Avalanche SocialFi protocol, will launch the ARENA token and start an airdrop.

3. Financing Trends:

• Juice, a Blast DeFi project, raises $7 million in a funding round with participation from Arthur Hayes and others.
• Keyring, a crypto compliance platform, raises $6 million in a funding round led by Greenfield Capital and others.
• MANTRA, a RWA tokenization project, raises $11 million in a funding round led by Shorooq Partners.
• ZKasino, a blockchain casino project, closes a Series A funding round at a $350 million valuation with participation from MEXC and others.
• GRVT, a hybrid exchange, raises $2.2 million in strategic round funding with participation from Selini Capital and others.
• Umoja, a smart money protocol, raises $4 million in seed round funding with participation from Coinbase and others.

4. Regulatory Trends:

• The U.S. Department of Justice files dozens of victim impact statements from FTX creditors.
• A Nigerian court demands that Binance provide transaction information for all Nigerian users.