EIA Refined Oil Inventory in the U.S. for the Week Ending August 8

#ETH shows strength against BTC, will it relay the up-trend?##Fluidkey Launches to Tackle the Transaction Privacy Problems on #EVM Chains

#PI# Check the wallet backend

SynFutures has launched the Perp Launchpad on the Base network, pioneering a new model for the issuance of Perptual Futures, aimed at providing liquidity and price discovery for Restaking and Meme Tokens. The platform reduces the entry barrier through low Gas fees and incentive mechanisms, attracting numerous investors, but attention must also be paid to market liquidity and price fluctuation risks. Overall, the Perp Launchpad is expected to reshape the landscape of the Perptual Futures market.

#PI# Major Favourable Information in September

Recently, an article by former Deputy Governor of the Bank of China, Wang Yongli, has attracted widespread attention in the financial sector. As a senior banker who once held a critical view of encryption currencies, Wang Yongli's perspective seems to have undergone a significant shift, which may signal certain new trends in the financial field. In a recently published article, Wang Yongli pointed out that the integration of blockchain and encryption technology is having a tremendous impact on the traditional cross-border payment clearing system. Compared to the traditional system dominated by banks and SWIFT, this emerging technology demonstrates clear advantages. He emphasized that blockchain technology has achieved global borderless coverage on a single platform, directly encoding operational rules into the system, which greatly reduces the need for intermediaries. Users can open accounts directly on a unified platform without going through clearing institutions, enabling peer-to-peer direct payments. This process is validated, stored, and recorded by distributed nodes, ensuring the transparency, traceability, and anti-counterfeiting of transactions, while significantly improving efficiency and reducing costs. Wang Yongli also pointed out that this revolutionary blockchain technology and platform not only promotes the development of native encryption assets such as Bitcoin and Ethereum, but also facilitates the rise of various tokens issued through ICOs, stablecoins (especially stablecoins pegged to fiat currencies), non-fungible tokens (NFTs), and real-world asset tokens (RWAs). Furthermore, it also paves the way for the tokenization of traditional financial products such as stocks, bonds, and money market funds. This technological advancement has made it possible for 24/7 uninterrupted trading and clearing on a global scale, accelerating the formation of a brand new, borderless 'encryption world'. Wang Yongli's shift in viewpoint may reflect the overall change in attitude of the traditional financial sector towards blockchain and encryption technology. As these technologies mature, their role in the global financial system may become increasingly important, warranting our continued attention.