A whale spent 127 million USDC to buy 48,800 ETH in nearly 6 hours

8lends, a decentralized crowdlending platform, has announced the launch of its retrodrop campaign alongside the rollout of its deflationary native token.

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PANews reported on August 25 that according to Bloomberg, the prediction market platform Kalshi recently hired John Wang, a crypto founder turned KOL, as head of crypto business to deepen its layout in the digital asset field. Before joining Kalshi, Wang provided consulting services to crypto startups and wrote cryptocurrency and finance-related content on the social media platform X. Wang said that he dropped out of the University of Pennsylvania and founded Armor Labs, which was later acquired by another company. Wang also said: "Today, all large fintech companies regard cryptocurrency strategy as a core component of their corporate mission. As far as Kalshi's cryptocurrency plan is concerned, we have prepared a number of different initiatives. One of my main tasks in the early stage is to create more trading markets that resonate with the cryptocurrency culture and keep up with market dynamics, directly attracting Twitter users in the cryptocurrency field."