Lens product leader and Orb co-founder Kimmo Siren said that Farcaster should develop to a stage where it no longer relies on a single long-term manager. Kimmo Siren believes that decentralized social protocols should allow any client to directly read, write, replay, and verify the complete history without trusting a single team. With the maturity of infrastructure such as Ethereum Blobs and EIP-4844, social data can be written in bulk at low cost and re hosted by anyone, while being verified through on chain commitments. Kimmo Siren hopes to build a replicable and verifiable on chain social state, so that the social network can continue to exist even when the management team changes.

According to Golden Jubilee Data, European Central Bank Managing Director Casillas stated that if inflation fails to return to target, the ECB is prepared to raise interest rates, but it is too early to judge the outcome of the September meeting. Despite consumer price increases hovering around 3%, the market has bet that the European Central Bank will raise deposit rates by 0.25%. Cardaz said he will decide whether to push inflation back to 2% after evaluating data in September.

According to HyperliquidNews monitoring, the supply of USDC on Hyperliquid increased by $249 million and $151 million respectively, totaling an increase of $399 million. AQAv2 will be launched on August 26th, allocating 90% of Circle's total USDC revenue from Hyperliquid, of which 100% will be used for repurchasing and destroying HYPE.

According to TradingBeats monitoring, Garrett Jin's address starting with 0x92 has been holding multiple BTC orders in Hyperliquid for 3 months. The multiple order was opened on May 20th, with an average price of $761.17 million. Based on the current BTC price of $758100, an additional $300 increase in price can recoup the investment. However, the address has already paid a capital fee of $1.41 million and will need to wait for the coin price to continue to rise to fully recoup the investment.

OKX-BTC/USDT is currently trading at $76017.20, with a 5-minute increase of 0.33%. Please be aware of market fluctuations.