VC increases holdings in $OP and $DYDX | Crypto Daily News Summary Aug. 25

According to the well-known DeFi analyst, The DeFi Investor, some venture capital institutions, including Amber Group and CMS Holding, have started buying $OP and $DYDX.

Due to the success of Base, $OP has recently received a lot of attention. Base is built on the OP Stack based on Optimism. In the past few days, the daily transactions of Base have even exceeded Arbitrum.

Base records more transactions than Arbitrum, and the contract deployment volume is several times that of Arbitrum and Optimism

In the current cold market, Friend.tech on Base has not only attracted attention from the crypto field, but also attracted non-crypto KOLs with millions of fans from X (Twitter) and OnlyFans.

On the other hand, $DYDX plans to launch Dydx v4 in the coming months, which will adopt a revenue sharing model to enhance the utility of the $DYDX token.

The founder stated that all fees of dYdX v4 will go to validators/stakers

Today's Market

Source: TokenInsight Gainers and losers

Today's Highlights

Base and Optimism enter into revenue sharing and governance sharing agreement

Hong Kong Monetary Authority: studying the regulatory framework for digital HKD and exploring tokenization of bank deposits

Hong Kong HashKey Exchange to start serving retail clients on Monday, in talks with brokerages to connect crypto trading to brokerage platform

Other Notable Information

Coinbase adds PayPal USD ($PYUSD) to listing roadmap

Aave pauses GHO minting due to technical issue

Mastercard to terminate crypto card partnership with Binance

Ledn provides compliant path to Cayman Islands permanent residency through crypto

Side Protocol integrates with Injective to unlock mesh liquidity networks

$LDO to complete final token unlock on August 26

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