stablecoin payment infrastructure company Blindpay announced the completion of a $3.3 million seed round of financing, with participation from Y Combinator, 468 Capital, Bitso, Transpose VC, Acacia Venture Capital Partners, and YouTube co-founder Jawed Karim, among others. The new funds are intended to support the construction of a global payment infrastructure based on stablecoins, providing tools for enterprises to facilitate cross-border transfers, compliance management, and rapid opening of virtual U.S. accounts.

S&P Global has given a "B-" credit rating to USDS issuer Sky Protocol. According to Sky, this is the first time this rating agency has issued a credit rating for a stablecoin system. According to the official S&P website, a B rating means that the entity is more susceptible to adverse business, financial, and economic conditions, but currently still has the ability to fulfill financial obligations.

the XRPfi protocol Doppler Finance stated in a post that it has raised $3 million in a seed round of financing led by Reforge, with investors including Flowdesk, Auros, CRIT Ventures, HashKey Capital, Keyrock, Digital Currency Group, Tenity, GSR Ventures, G-20 Group, Maven 11, CMCC Global, Cluster Capital, and others.

David Marcus, former head of the Facebook stablecoin project, stated on X platform that Bitcoin is not only the best performing neutral asset in history, but is also becoming the settlement layer of the internet.

 according to TraderT monitoring, the net inflow of Ethereum ETF in the United States was 1.1883 billion US dollars yesterday.

 according to Trader T monitoring, the net inflow of the US spot Bitcoin ETF was $120.75 million yesterday.

WiMi Hologram, a Nasdaq-listed company, released its financial performance report, disclosing that as of August 7, the total assets held by the company including cash, cash equivalents, and short-term investments, including bitcoin-related securities derivatives, reached $455 million. Among them, the total amount of bitcoin-related securities derivatives and short-term investments is approximately $212 million. The company announced that it will increase its capital allocation to blockchain and bitcoin-related cryptocurrency applications.

SharpLink has bought another $21,959 ETH ($85.46 million) in the past 4 hours. SharpLink currently holds 543,898 ETH ($2.12 billion).

 according to on-chain analyst @ali_charts monitoring, whales bought 230 million DOGE in the past 24 hours.

 Michael Novogratz, founder of Strategy, said that the trend of companies holding cryptocurrencies on their balance sheets may have peaked. "The question now is, which existing companies will become monsters."

Pumpfun announced the establishment of the Glass Full Foundation, injecting a large amount of liquidity into the ecosystem token and accelerating the community development in the pump fun ecosystem, aiming to make the Solana ecosystem grow exponentially.

 Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, posted on social media early this morning that the foundation will donate another $500,000 for the legal defense of Tornado Cash founder Roman Storm. Wang said, "Privacy is the norm, writing code is not a crime."

according to official sources, Upbit has launched STORY (IP) spot trading, supporting KRW, BTC, USDT markets.

according to DappRadar data, the NFT trading volume in July surged by 96% to reach $530 million. However, the total number of transactions decreased by 4%, with only 5 million NFTs changing hands that month.

 Tabit Insurance, a global (re)insurance company that supports Bitcoin reserves founded by former Bittrex executives, announced today that it has joined the Texas Blockchain Council (TBC), an industry association dedicated to promoting blockchain innovation and policy development in Texas. Tabit will work with TBC to provide investors in the region with knowledge in the intersection of digital assets and insurance, as well as how BTC holders can obtain regulated income through insurance structures.

Musk: Grok 5 will be launched before the end of this year, and the effect will be very good.

according to @BTC_Archive, Trump: "For a long time, our government has been violating the fundamental principle that every Bitcoin holder should always remember: never sell your Bitcoin."

on the evening of the 7th local time, Ukrainian President Zelensky stated in a video speech that the initiative to end the Russia-Ukraine conflict is in Russia's hands. He emphasized that Russia should take the lead in ceasefire and promote peace through practical diplomatic means. Zelensky also stated that Europe's position is crucial in this process. Therefore, Ukraine has engaged in dialogue and meetings with European leaders on their positions and reached a consensus. At the same time, cooperation with other leaders is also steadily advancing, aiming to jointly uphold Europe's overall position. Currently, Ukraine is preparing to host a series of meetings in Europe and promote the peace process.

on-chain analyst Yu Jin posted on social media that the story of insider trader qwatio may have come to an end. 40 minutes ago, he also blew up his short position on ETH with the last $475,000 on GMX.

the blockchain data analysis company CryptoQuant pointed out that after Bitcoin hit a historical high of $123,000 last month, there are signs of short-term consolidation or mild downside risks.