OKX Racer, the Telegram game by @okx, surpasses 4M users, driven by new tasks and Auto-driving for passive points. Verification on OKX required for Auto-driving. Earn 750 points by subscribing to OKX on X. This shows the power of gamification in crypto. #Update #Crypto
Russia considers gold-backed tokenized assets to solve cross-border payments. Testing by year-end could stabilize international transactions using central bank gold reserves. Lawmakers and @bank_of_russia explore legalizing stablecoins for global trade resilience. #Update
MARA (@MarathonDH), rebranded from Marathon Digital, invested $100M in Bitcoin, raising holdings to over 20,000 BTC. This aligns with Bitcoin’s fourth halving. Despite favorable conditions, $MARA stock fell 2% pre-market. CEO Fred Thiel urges Bitcoin adoption as a reserve asset. #Update
Thailand to roll out $14B digital currency giveaway in Q4. Adults 16+ can sign up via “Tang Rath” app from Aug 1 to Sept 15. Aims to boost economy, tackle debt. Expected participation: 50M people. #Economy #CryptoUpdate
Kraken users have transferred over 5000 BTC (~$330M) in Mt. Gox refunds to cold wallets within 24 hours, signaling a shift towards holding and enhanced security. This trend reflects confidence in Bitcoin’s future value and aligns with broader market behavior. #Update #Bitcoin
Network3 secures $5.5M in pre-seed and seed funding from investors like Borderless Capital and EV3 to expand its team and develop new mining hardware. The firm operates 240,000 nodes globally with its decentralized AI infrastructure, Edge AI. #Crypto #Update
Backed and @LiskHQ partner to boost real-world asset adoption in emerging markets. Leveraging @Backed’s RWA expertise and Lisk’s $LSK blockchain tech, the collaboration includes up to $100K grants for African entrepreneurs. #Update
Rollblock, in stage 4 of presale, is stirring excitement with its web3 GambleFi platform, surpassing $1.2M. Investors are optimistic about its potential and passive income via staking. $RBLK $SHIB $ADA #Crypto #Update
Decentralized computing is overtaking centralized providers like AWS, offering cost-efficient AI development by using global unused GPUs. This democratizes access for smaller businesses while improving data privacy through techniques like federated learning. #AI #Update
Franklin Templeton highlights Solana as a key player to propel crypto forward, hinting at a possible Solana-based ETF. Solana’s resilience and adoption are noteworthy, with its price at $177 on Binance. Community reactions to the ETF are mixed. #CryptoNews #Update
Binance Labs has invested in Pluto Studio, the developer of Telegram-based Web3 game Catizen, to boost its game engine and onboard more developers. Catizen, launched in March, has 25M players on Telegram and 1.5M on-chain gamers. #Web3
Decentralized exchanges (DEXs) are growing in popularity, but their complex user experience is a barrier to mass adoption. Simplifying DeFi tools can help both new and experienced users. Notable advancements highlight the need for better UX. #Update #Crypto $LTC
NPC Labs, founded by ex-Coinbase employees, raised $18M led by @PanteraCapital to enhance Web3 gaming on Coinbase’s Layer 2 blockchain, Base. With $21M total funding, they’ll improve B3.fun for seamless, gasless gaming. Other investors: Makers Fund, Hashed. #Update
CoinEx advances CET tokenomics with significant buybacks and burns, including the largest burn of 1.08B tokens in March 2021. As of July 18, 2024, CET’s circulating supply is 2.7B after burning $3.16M worth in Q2 2024. #CryptoNews #Update
