🚀 Macro & Regulation
• The U.S. dollar weakens while gold strengthens; Bitcoin dominance slips to ~57% as capital flows shift toward ETH and select mid-cap tokens.
• Asian markets opened softer on Monday after sharp breakouts, likely due to profit-taking and reduced positioning ahead of macro events.
🍀 Corporate Treasuries
• Oblong Inc. (NASDAQ: OBLG) discloses a $7.8M stake in TAO, marking one of the first listed companies to publicly allocate to the asset.
🔍 Projects & Protocols
• $MORPHO — Deposits surpass $10B; active loans hit a record $3.5B; TVL surges to $6.7B.
• $HUMA — 21% of circulating supply set to unlock on Aug 26.
• $OKB — OKX launches a $100M X Layer ecosystem fund to back long-term vision and high-tech teams.
• $PENGU — Pudgy Penguins CEO outlines plans to pursue IPO within two years.
• $IP — Story Foundation to initiate an $82M open-market IP buyback program.
• $PROMPT — Wayfinder Open Alpha goes live.
• BitChat — Introduces offline P2P messaging and Bitcoin transaction support.
• $WLFI — Token allocation controversy: WLFI denies Aave DAO secured 7% of supply, but Stani confirms the proposal was approved by both DAOs.
• Solana — Proposes SIMD-341 upgrade: protocol-level account compression via syscalls, reducing storage costs and enhancing scalability.
• Football.fun — Web3 football prediction game generates $440K revenue in 24h, topping Base chain revenue charts.
• Vitalik Buterin — Suggests prediction markets could help solve rate-setting issues, expanding hedging applications and driving trading volume.
