This week, we dive into the world of Blockchain to explore the latest trends and developments. From the newest regulations to cutting-edge projects, get ready to stay up to date.
Technology
US congressional committee advances stablecoin bill
https://www.reuters.com/technology/us-congressional-committee-fails-reachdeal-stablecoin-bill-chair-says-2023-07-27/
Limited support for central bank digital currencies in global investment industry survey
https://www.reuters.com/technology/limited-support-central-bank-digitalcurrencies-global-investment-industry-2023-07-26/
Crypto exchange Rain to target UAE asset managers after winning licence
https://www.reuters.com/technology/crypto-exchange-rain-target-uae-assetmanagers-after-winning-licence-2023-07-25/
Bitcoin vs. Ripple Labs: What’s the Difference?
https://finance.yahoo.com/m/121b3cff-474f-3ae4-8f97-6ccd5fa355dd/bitcoin-vsripple-labs-.html
Russia’s bitcoin-mining industry is booming through war and sanctions
https://finance.yahoo.com/news/russias-bitcoin-mining-industry-booming121501603.html
Bitcoin Drops. Altcoins Are Holding Up Better.
https://finance.yahoo.com/m/ce3f3fcc-c040-325d-8f8d-ec2b745b5328/bitcoindrops-altcoins-are.html
Bank of Italy Taps Polygon for Institutional DeFi Pilot
https://finance.yahoo.com/news/bank-italy-taps-polygon-institutional185031606.html
Dogecoin Registers Biggest Single-Day Gain in 4 Months, Futures Open Interest Tops $500M
https://finance.yahoo.com/news/dogecoin-registers-biggest-single-day051624430.html
Worldcoin Token Slumps Amid Crypto Community Unease
https://finance.yahoo.com/news/worldcoin-token-slumps-amid-crypto115054251.html
Crypto
Crypto bill passes congressional committee in victory for industry
https://www.reuters.com/technology/us-congressional-committee-set-weighcrypto-bills-2023-07-26/
Canada financial regulator proposes new capital guidelines for crypto assets
https://www.reuters.com/technology/canada-financial-regulator-proposes-newcapital-guidelines-crypto-assets-2023-07-26/
Binance withdraws application for crypto license in Germany
https://www.reuters.com/technology/binance-withdraws-application-cryptolicense-germany-2023-07-26/
UK data watchdog to make enquiries about Worldcoin crypto project
https://www.reuters.com/technology/uk-data-watchdog-make-enquiriesworldcoin-crypto-project-2023-07-25/
Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges
https://www.wsj.com/articles/some-binance-us-crypto-trading-was-a-mirage-thesec-alleges-55a6e321
Cryptocurrency Futures Defined and How They Work on Exchanges
https://finance.yahoo.com/m/f59e28d6-c7f7-35aa-9219-606cea27b459/cryptocurrency-futures.html
Human Rights Foundation Backs Bug Bounty With Bitcoin
https://finance.yahoo.com/news/human-rights-foundation-backs-bug225547673.html
Memecoin-Focused Crypto Casino Coco Makes a Cracking Debut, Hits $36M in Volume
https://finance.yahoo.com/news/memecoin-focused-crypto-casino-coco112327605.html
Ukraine Has Raised $225M in Crypto to Fight Russian Invasion, but Donations Have Stagnated Over the Last Year: Crystal
https://finance.yahoo.com/news/ukraine-raised-225m-crypto-fight135847899.html
Crypto Must Take Fraud Prevention Seriously: Crypto Long & Short
https://finance.yahoo.com/news/crypto-must-fraud-prevention-seriously160000693.html
NFT
Gucci Reveals Rewards for Vault Material NFT Holders
https://finance.yahoo.com/news/gucci-reveals-rewards-vault-material220041651.html
Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
https://finance.yahoo.com/news/reddit-returns-nfts-crypto-twitter-130500609.html
Collectors Snap Up Vera Molnár’s Generative NFTs
https://finance.yahoo.com/news/collectors-snap-vera-moln-r-031723870.html
Solana-Based NFT Marketplace Exchange.art to Expand Into Ethereum
https://finance.yahoo.com/news/solana-based-nft-marketplace-exchange130000029.html
Lacoste Opens the Door to an NFT-Gated Shopping Experience
https://nftplazas.com/lacoste-nft-gated-shopping/
Jungle NFT Marketplace Secures $16M for AI-Driven Deals
https://nftplazas.com/jungle-nft-marketplace/
Kartoon Studios’ Stan Lee NFTs Fly Off the Shelves
https://nftplazas.com/stan-lee-nfts/
Cool Cats Pounce into the Spotlight with Reddit Gen 4 Avatars
https://nftplazas.com/reddit-gen-4-avatars/
Snoop Dogg Whips Up Bored Ape Ice-Cream at Walmart
https://nftplazas.com/bored-ape-ice-cream/
Metaverse
Futureverse Secures $54M Funding to Mold the Metaverse
https://nftplazas.com/futureverse-54m-funding/
Upland Strikes a Major Partnership with the 0N1 Force NFT Project
https://nftplazas.com/upland-0n1-force/
Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
https://www.coindesk.com/web3/2023/07/28/meta-hopes-to-recharge-lagginghorizon-worlds-metaverse-with-new-in-house-game-studio/
Meta Remains Committed to the Metaverse Despite $13.7B Loss in 2022, Mark Zuckerberg Says
https://www.coindesk.com/markets/2023/07/27/meta-remains-committed-to-themetaverse-mark-zuckerberg-says/
Cyber Crimes
South Korea launches interagency investigation team to tackle rising crypto crimes
https://www.reuters.com/technology/south-korea-launches-interagencyinvestigation-team-tackle-rising-crypto-crimes-2023-07-26/
North Korean Hackers Bag Another $100m in Crypto Heists
https://www.infosecurity-magazine.com/news/north-korean-hackers-100m-crypto/
Microsoft Accused of Negligence in Recent Email Compromise
https://www.infosecurity-magazine.com/news/microsoft-negligence-email/
New Study Reveals Forged Certificate Attack Risks
https://www.infosecurity-magazine.com/news/study-reveals-forged-certificate/
Repeatable VEC Attacks Target Critical Infrastructure
https://www.infosecurity-magazine.com/news/repeatable-vec-attacks-critical/
Web3 News
Headlines of the Week:
- OpenAI’s Sam Altman launches Worldcoin crypto project (Reuters)
- Cryptoverse: Ripple effect as explosive XRP leads market charge (Reuters)
- The risks of banks tokenising assets on blockchain (YahooFinance)
- Pacific Island Group of Palau Starts Stablecoin Trial on XRP Ledger
(YahooFinance) - Binance Replaces Bicasso with Bixel – AI NFT Generator Upgrade
(NFTPlazas) - Sky Mavis and CyberKongz Unite to Amplify Gamified NFTs (NFTPlazas)
- Ducati Races into NFTs via the XRP Ledger Speedway (NFTPlazas)
This Week in the Market: (CoinMarketcap)
- The global crypto market cap is $1.19T, a 0.26% Increase over the last Day
- Bitcoin is at $29,337.05 and is Down 1.56% over the last 7 days
- Ethereum is at $1,879.38 and is Up 0.68% over the last 7 days
- BNB is at $242.65 and is Up 0.61% over the last 7 days
- XRP is at $0.7108 and is Down 2.12% over the last 7 days
Key Dates/Events
- 24 August – 25 August – Coinfest Asia 2023
- 07 September – 08 September – BlackSeaChain
- 11 September – 13 September – Permissionless 2023
Accounts to Follow
This week we have @VitalikButerin, From now until the end of time, no ‘Best-in-Crypto’ list will ever be complete without Vitalik Buterin. The co-founder of Ethereum (ETH) is a must-follow and is undeniably one of the smartest people in the industry.
