Ripple invests $10M in tokenized U.S. Treasury bills on XRP Ledger with Asia’s @OpenEden. This first-of-its-kind move allows XRP holders to access short-term U.S. government debt. Users can mint TBILLs using stablecoins. #CryptoNews
Donald Trump launches Bitcoin-themed sneakers for his 2024 campaign, signaling a shift to a pro-crypto stance. Limited-edition pairs priced at $500 and $299. Trump pledges a national Bitcoin reserve. Endorsed by @elonmusk. #Update #Bitcoin
21co analyst Tom Wan predicts tokenized US treasuries will hit $3B by end of 2024. DeFi projects like @Arbitrum and @MakerDAO have invested heavily, driving growth. BlackRock’s BUIDL fund leads with nearly $500M. #Update #DeFi
Polyhedra Network’s Proof Cloud, launched at Google ZK Summit, aims to make zero-knowledge proofs accessible in web2 & web3. Supported by @googlecloud, $MATIC, Linea, & Lita, it promises to cut computational costs by up to 90%. #Update
Ethereum Foundation’s ETH selling spree: 150 ETH dump for 497,250 DAI. July 26 saw 92,500 ETH ($294.9M) moved after 6 years. Despite this, $ETH remains at $3,300, but analysts eye $3,500 for bullish trend. #Update #CryptoNews
The Web3 Foundation has granted Dot Play funding to boost Polkadot’s gaming ecosystem. Dot Play will create tools, SDKs for Unity & Unreal, and offer business support. Notable team members include Angela Dalton and Eliza Jäppinen. #Update #Polkadot
Coinfest Asia 2024 is set for Aug 22-23 in Nuanu City, Bali, featuring 17 zones for Web3 activities, 6,000+ attendees, and 150 Web3 leaders. Highlight: ETH SEA hackathon with a $50K prize pool. #Update #CoinfestAsia2024 #Web3
Aave’s V3.1 launch triggers whale activity, with $6.47M in AAVE tokens withdrawn from exchanges, driving a 7% price surge in 24 hours. Largest withdrawal: 11,185 AAVE ($1.23M) from Binance. $AAVE now at $111. #Update #DeFi
.@CoinbaseDerivs to launch margined futures for $AVAX, $LINK, $DOT, $XLM, and $SHIB on July 15, regulated by the CFTC. This milestone aims to enhance market accessibility and risk management. #CryptoNews
.@JDCom to launch JD Stablecoin, pegged 1:1 to the Hong Kong dollar. Backed by liquid assets in licensed financial institutions, this move highlights Hong Kong’s ambitions as a financial innovation hub. #Stablecoin #Finance
Hong Kong’s largest online broker, Futu Securities International, launches crypto trading for retail investors, offering incentives like Alibaba and Nvidia shares. Now trading $BTC and $ETH, this move supports Hong Kong’s crypto hub goal. #Update
The Cardano Foundation, with CCRI, releases eco-friendly metrics in line with MiCA regulations. Cardano’s energy-efficient protocol uses 704.91 MWh, with a carbon footprint of 250.73 tCO2e. Essential for green blockchain solutions. #Sustainability #Update
The Bahamas enacts the DARE Act 2024, replacing the 2020 version, enhancing investor protection and promoting responsible innovation post-FTX collapse. New rules include stricter exchange requirements and a pioneering staking framework. #CryptoRegulation
Ethereum ($ETH) is predicted to hit $4,000 by mid-August 2024, says QCP Capital. Current price: $3,320 with a 1.2% daily growth. Analysts view stabilization above $3,300 positively. Federal Reserve policies may impact future trends. #Update
