Kenya National Examination Board uses Avalanche to store academic records and crack down on certificate forgery

According to CryptoSlate, Intesa Sanpaolo Bank in Italy adjusted its holdings of cryptocurrency ETFs in the second quarter, with iShares Bitcoin Trust (IBIT) common stock decreasing from 646809 to 40723 shares, IBIT call option corresponding shares decreasing from 2496500 to 18000 shares, and adding 500000 IBIT put options and increasing holdings of collateralized Ethereum ETFs.

According to CryptoSlate, Bitcoin mining company Sphere 3D has revised its on exchange stock issuance plan due to cash flow shortages and plans to sell up to $10.3 million worth of stocks. Calculated at $2.35 per share, the full issuance will add approximately 4.38 million shares, increasing the total share capital to approximately 13 million shares, with a dilution rate of approximately 50.9%. As of March 31st, Sphere 3D held cash of $3.15 million and 26.2 bitcoins, and earned $2.79 million in the first quarter through the sale of bitcoins. The audit reports of Sphere 3D and Cathedral mention ongoing operational risks, with Cathedral experiencing a net cash outflow of CAD 1.17 million in the first quarter.

According to GMGN market data, the market value of Robinhood Chain Meme coin CASHCAT has exceeded 75 million US dollars, with a 24-hour increase of over 71% and a 24-hour trading volume of 17.6 million US dollars.

According to CryptoSlate, the migration of institutional clients from Coinbase International Exchange to Deribit is scheduled for September 9th. At that time, accounts, balances, and positions will be transferred, and unexecuted orders will be cancelled. Positions will be rebuilt in Deribit after settlement at market prices. Customers who are unwilling to migrate must close their positions and accounts before August 28th, otherwise it will be considered as acceptance of the migration. On the day of migration, there is an expected 30 minute downtime, and positions will be settled at the marked price and rebuilt in Deribit through matching migration trades. The existing API key cannot be used in Deribit, and the customer needs to update the endpoint and credentials. Historical data can be saved in the old API for about 12 months but will not be migrated to Deribit.

Binance founder Zhao Changpeng responded to Willy Woo's data by stating that from a statistical perspective, cryptocurrency stored on exchanges is more secure than self custodial wallets. According to Willy Woo data, self managed wallets have lost approximately 1.57 million BTC, while exchanges have lost approximately 1.51 million BTC. Zhao Changpeng pointed out that data from exchange hacking attacks is easy to collect, data lost through self custody is difficult to count, and exchange data is affected by closed platforms. Exchanges such as Binance will provide full compensation for platform hacking attacks. Zhao Changpeng emphasized that different methods have different risk characteristics and are suitable for different groups of people. A balanced approach is more prudent.