Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
Solana Radar Hackathon (Sep 2-Oct 8, 2024) offers a $600K prize pool. Kumeka Team’s workshops start Aug 28 to boost Web3 skills. Top 15 teams get $250K pre-seed funding and join Colosseum’s accelerator program.
Sony ($SONY) launches Minato testnet for its Ethereum Layer-2 solution, Soneium, boosting stock price. The testnet, developed with Startale, enables high-volume app testing. Key partners like Astar Network and Chainlink may see positive price movements.
Celsius Network distributes $2.5B to 251,000 creditors in bankruptcy process, now holds $5M on-chain balance. 121,000 creditors with small amounts unclaimed, posing logistical challenges. Broader implications for crypto include increased scrutiny and evolving DeFi landscape.
“UAE invests $500M in AI, blockchain via Hodler Investments & Gewan Holding’s DEI fund, targeting early-stage startups in energy, AI, and decentralized infrastructure, aiming to drive innovation and digital economy growth. @HodlerInvest @GewanHolding”
$ETH co-founder Vitalik Buterin faces backlash for doubting DeFi’s role in driving crypto adoption. DeFi influencers argue it’s crucial to Ethereum’s $330B valuation. Buterin emphasizes sustainable decentralized apps and broader decentralization beyond finance.
TRON founder @justinsun pledges $1M to a DAO supporting Telegram CEO Pavel Durov, detained in France over content moderation issues. High-profile figures like @elonmusk and @VitalikButerin rally with #FreePavel, highlighting digital freedom concerns in Europe.
Buenos Aires incorporates blockchain and $ETH into high school curriculum starting August 27, 2024. The program includes a specialized Solidity course to develop Ethereum dApps, aiming to train 500 participants and 30 educators in blockchain and Web3.
Tether CEO confirms no plans for a proprietary blockchain, will rely on Ethereum and Tron. $ETH holds 57% of TVL. Tether authorized 33B USDT, earning $5.2B profit in H1. Plans $1B investment in AI, mining, and data by 2024.
SatLayer raises $8M, led by @Hack_VC and @CastleIslandVC, to enhance Bitcoin’s ($BTC) security and scalability through Bitcoin Validated Services. Investments include OKX Ventures and Franklin Templeton. Initial $4M goal saw $16M interest.
Polygon processes 579.97B gas units daily at just $65.48K, outpacing BNB Mainnet and Ethereum in cost-efficiency. As DeFi grows, Polygon’s scalable solution attracts users seeking low-cost transactions.
Kamala Harris faces backlash over support for Biden’s 44.6% capital gains tax and 25% tax on unrealized gains, with crypto leaders questioning her pro-crypto stance. Critics argue the policies harm U.S. businesses and innovation. #Economy #Crypto
Story Protocol secures $80M in Series B funding led by @a16z to revolutionize IP management with blockchain. The $140M-funded project to release a public testnet next week, featuring IP registration via NFTs, aims to protect works from unauthorized AI use.
Cardano ($ADA) plans the Chang hard fork for Aug. 27, with Sept. 3 as a backup. The upgrade, featuring PlutusV3 for enhanced security and governance, sees 80% node adoption but only 34% exchange liquidity. #Crypto #Blockchain
Coinbase lists $ACX, boosting its price by 14%. Trading begins on August 21, 2024, pending liquidity conditions. Market cap hits $59.2M, daily volumes surge 49% to $650K, signaling strong interest in Across Protocol. #CryptoNews #Coinbase
