Strike purchased 1800 bitcoins, with a total holding of 23200 bitcoins

According to BeInCrypto, Coinbase CEO Brian Armstrong stated that on-chain reputation will become the next-generation credit scoring system, potentially replacing the FICO score, which currently dominates 90% of top loan decisions in the United States. Armstrong pointed out that public ledgers can already record repayment history, wallet age, and counterparty behavior, and any lender can access the same on-chain records. Currently, Ethos Network is rating wallets through mutual endorsements among users, and the lending application Credifi, based on these ratings, can provide unsecured loans of up to $3,000 to wallets with scores of 1800. Since on-chain addresses are not tied to real-world identities and borrowers can create new wallets at any time, whether on-chain reputation can effectively price real risks remains to be validated by subsequent default rate data.

SKR has entered the top 5 of AiCoin's hot search list for the first time in the past 7 days, and its ranking has remained at 4 within 24 hours, indicating a significant increase in market attention. At the same time, the trading volume has increased to 28.4 times the average level of the past 7 days, and the price has risen by 223%, now reporting $0.0253. The simultaneous increase in popularity, active transactions, and strong prices indicate that market capital participation is on the rise. At the current stage, the flow of funds, transaction structure, and the movement of large amounts of funds deserve special attention. By using AiCoin PRO's "Main Large Orders" and "Main Transactions", one can further observe the buying and selling situation of large funds, the price range of transactions, and the sustainability of funds. The above content is for reference only and should not be used as any investment advice

Coinbase expands cooperation with Webull Pay, and Webull expands its encrypted trading services to the Canadian market based on Coinbase's Crypto-as-a-Service platform. According to an investigation by the Ontario Securities Commission (OSC) in Canada, the local cryptocurrency asset ownership rate has increased from 10% in 2023 to 25%. Webull Canada Crypto Limited is regulated by the Canadian Investment Regulatory Organization (CIRO) and provides encrypted trading services limited to executing orders; Coinbase Canada, Inc. is registered as a restricted trader in all provinces and territories of Canada.

[Strategy Holds BTC with Unrealized Profit of $2.542 Billion, Bitmine Holds ETH with Unrealized Loss of $5.293 Billion] On-chain analyst Yu Jin's monitoring shows that Strategy sold $600 million worth of stocks last week and purchased 4,603 BTC at an average price of $80,318. Currently, they hold 845,050 BTC with an average cost price of $75,412, resulting in an unrealized profit of $2.542 billion. Last week, Bitmine purchased 53,501 ETH at an average price of $2,464. They now hold 5,901,112 ETH with an average cost price of $3,351, leading to an unrealized loss of $5.293 billion.

According to Reuters, Steve Neamtz, CEO of Yorkville America, stated that the company is nearing completion of the acquisition of an institutional asset management company, with delivery expected in September. Yorkville will launch the MANGOS Plus Index ETF on Monday, which tracks indices of AI concept stocks including Meta, Anthropic, Nvidia, Alphabet, OpenAI, SpaceX, Micron, SanDisk, and others. Due to Anthropic and OpenAI being unlisted companies, the fund will obtain price exposure for both companies through perpetual futures contracts. Neamtz stated that this is the first release of the company's digital and encryption product segment. Currently, Yorkville has submitted over a dozen ETF issuance applications.