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
Crypto exchange HashKey bags licence update to serve retail users
https://www.reuters.com/technology/crypto-exchange-hashkey-bags-licence-update-serve-retail-users-2023-08-03/
Worldcoin says will allow companies, governments to use its ID system
https://www.reuters.com/technology/worldcoin-says-will-allow-companies-governments-use-its-id-system-2023-08-02/
German data watchdog probing Worldcoin crypto project, official says
https://www.reuters.com/technology/german-data-watchdog-probing-worldcoin-crypto-project-official-says-2023-07-31/
MetaMask Enables Staking Feature In Portfolio App
https://finance.yahoo.com/news/metamask-enables-staking-feature-portfolio-033653070.html
Elon Musk: ‘We Never Will’ Launch a Twitter or X Crypto Token
https://finance.yahoo.com/news/elon-musk-never-launch-twitter-002216390.html
Animoca, GameSwift and TOWER Debut a Battle Game Trifecta
https://nftplazas.com/animoca-gameswift-tower/
Animoca Brands’ nWay Cooks up a Storm with the Incoming Wreck League
https://nftplazas.com/animoca-brands-nway-cooks-up-a-storm-with-the-incoming-wreck-league/
Oasys Hatches Blockchain Gaming Pets with Bandai Namco
https://nftplazas.com/oasys-blockchain-gaming/
Starbucks Pays Tribute to a Coffee Icon in the Green Apron Collection
https://nftplazas.com/starbucks-green-apron-collection/
Crypto
Coinbase ask US federal judge to toss SEC’s lawsuit
https://www.reuters.com/legal/coinbase-asks-us-federal-judge-dismiss-secs-lawsuit-2023-08-04/
Coinbase revenue beat estimates, executives expect to win battle with SEC
https://www.reuters.com/technology/crypto-exchange-coinbases-revenue-falls-trading-volumes-remain-muted-2023-08-03/
Kenya suspends Worldcoin’s crypto project over safety concerns
https://www.reuters.com/world/africa/kenyan-government-suspends-activities-worldcoin-country-2023-08-02/
Nomura’s crypto arm wins Dubai licence
https://www.reuters.com/technology/nomuras-crypto-arm-wins-dubai-licence-2023-08-01/
Crypto stocks dip after bitcoin slumps to six-week low
https://www.reuters.com/technology/crypto-stocks-dip-after-bitcoin-slumps-six-week-low-2023-08-01/
U.S. Could Lose Out on Billions in Tax Revenue With Crypto Rules Delay
https://www.wsj.com/articles/crypto-rules-delay-puts-billions-in-tax-revenue-at-risk-4bb9d7b5
Crypto Is Illegal in China. Binance Does $90 Billion of Business There Anyway.
https://www.wsj.com/articles/crypto-is-illegal-in-china-binance-does-90-billion-of-business-there-anyway-2a0af975
Trader Joe Debuts on Ethereum; JOE Jumps 3%
https://finance.yahoo.com/news/trader-joe-debuts-ethereum-joe-112106344.html
‘Rich Dad Poor Dad’ author Robert Kiyosaki warns of a market ‘crash landing’ after US credit rating gets slashed
https://finance.yahoo.com/news/rich-dad-poor-dad-author-182011454.html
NFT
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
https://finance.yahoo.com/news/nft-trading-ice-cold-developers-160500948.html
NFT Rout Crushes $1.5 Billion Windfall for Artists as Markets Slash Royalties
https://finance.yahoo.com/news/nft-rout-crushes-1-5-140000049.html
More Money For Creators: NFT Minting Platform Zora Initiates New Revenue Split
https://finance.yahoo.com/news/more-money-creators-nft-minting-160000829.html
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
https://finance.yahoo.com/news/ordinals-team-creating-non-profit-190124466.html
Mojo Melee Offers Free NFTs in Superb Amazon Prime Partnership
https://nftplazas.com/mojo-melee-amazon-prime/
Beeple Summons the Clown with Audacious CryptoPunk NFT Purchase
https://nftplazas.com/beeple-cryptopunk-nft/
The NFT World Cup Shines a Light on the WAX Blockchain
https://nftplazas.com/nft-world-cup/
Etihad Airways’ Loyalty Program and NFTs Prepare for Lift-Off
https://nftplazas.com/etihad-airways-loyalty-program/
FILT3R Takes the Bored Apes on an NFT Joyride Through AR
https://nftplazas.com/filt3r-bored-ape-ar/
Metaverse
Metaverse Project Futureverse’s Co-Founders Start $50M Venture Fund
https://finance.yahoo.com/news/metaverse-project-futureverses-co-founders-142759750.html
Yuga Labs Onboards Roar Studios to Refine the Otherside
https://nftplazas.com/yuga-labs-roar-studios/
Number of Metaverse users to surpass 600 million by 2026 due to generative AI: report
https://economictimes.indiatimes.com/tech/technology/number-of-metaverse-users-to-surpass-600-million-by-2026-due-to-generative-ai-report/articleshow/102279170.cms
Cyber Crimes
Tech Entrepreneur Admits to Being Hacker in $4.5 Billion Bitcoin Heist
https://www.wsj.com/articles/tech-entrepreneur-admits-to-being-hacker-in-4-5-billion-bitcoin-heist-bb2e054f
Looter Behind $61M Curve Hack Starts Returning Assets, Raising Hope for Recovery
https://finance.yahoo.com/news/looter-behind-61m-curve-hack-143128260.html
Curve Offers Hackers 10% Bounty in Exchange for Return of Crypto
https://finance.yahoo.com/news/curve-offers-hackers-10-bounty-194553809.html
‘Crypto couple’ husband confesses to being the original Bitfinex hacker during plea hearing
https://finance.yahoo.com/news/crypto-couple-husband-confesses-being-174150960.html
Microsoft Teams Targeted in Midnight Blizzard Phishing Attacks
https://www.infosecurity-magazine.com/news/microsoft-teams-midnight-blizzard/
Web3 News
Headlines of the Week:
- Revolut to stop crypto services for U.S. customers (Reuters)
- Stablecoin Tether’s reserves hit record $86.5 billion in second quarter
(Reuters) - Bitcoin is finally trading like ‘digital gold’ – but only because nobody cares
about crypto anymore (YahooFinance) - Avalanche Blockchain Usage Grew in Second Quarter: Nansen
(YahooFinance) - Japan’s blockchain group lobbies for tax change (YahooFinance)
- How AI, Web3 and Humans Can Work Together to Solve Complex, Global
Problems (YahooFinance) - Web3 Hits Fever Pitch as NFTxLV Returns to Las Vegas (NFTPlazas)
This Week in the Market: (CoinMarketcap)
- The global crypto market cap is $1.16T, a 0.24% Increase over the last Day
- Bitcoin is at $29,043.45 and is Down 0.93% over the last 7 days
- Ethereum is at $1,830.17 and is Down 2.41% over the last 7 days
- BNB is at $244.23 and is Up 0.78% over the last 7 days
- XRP is at $0.6324 and is Down 12.14% 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 @nic__carter , Nic is a reliable source in a sea of misinformation. He’s able to pick apart common misconceptions and explain why Bitcoin remains a force to be reckoned with. Nic excels in his rebuttals on why Bitcoin’s energy use is in fact a feature and not a flaw.
