RWA ๐ Global & Macro: No major macro or geopolitical events reported in this hour.
๐ฆ RWA & Institutional: Dragonfly investor Omar announced his departure, signaling a notable personnel shift as the firm continues its focus on crypto and blockchain investments.
โก Crypto & Markets: Cango reported Q2 revenue of $50.8 million, reflecting its quarterly performance. Ankr’s ankrFLOW contract was exploited, prompting the Flow Foundation to commit to replenishing affected funds, underscoring persistent DeFi security challenges.
๐ก Key Takeaway: DeFi security remains a critical risk; protocol resilience and swift remediation are key to maintaining user trust.