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  • PayPal’s new stablecoin $PYUSD has the ability to pause transfers, freeze addresses, and burn tokens in frozen addresses.

  • Valkyrie amends its Bitcoin Futures ETF to include Ethereum futures, potentially becoming the first to launch such an ETF.

  • Institutional investors have ceased betting against Bitcoin, as indicated by CoinShares’ latest fund data.

  • Brazil introduces a new digital currency called DREX.

  • Brazil’s President reaffirms the call for de-dollarization and discusses BRICS expansion.

  • Steadefi experiences an exploit, leading to a warning that all funds are at risk.

  • Circle’s CEO notes that 70% of USDC adoption comes from outside the US.

  • Many early blockchain games are criticized as “cash grabs” by Twitch streamer Alliestrasza.

  • Solana Dex Cypher Protocol falls victim to an exploit.

  • Ripple becomes a member of a trade organization that hosts companies like BlackRock.

  • Bitstamp crypto exchange aims to raise funds for global expansion with the guidance of Galaxy Digital.

  • According to a new IRS ruling, staking rewards are taxed when you gain control over a token.

  • Ripple Labs’ Chief Legal Officer raises concerns about potential conflicts of interest involving former SEC official Bill Hinman, citing comments from ex-SEC official John Reed Stark.

  • Stablecoin deposits surge on Maker as DAI interest rates reach 8%.

  • Hong Kong’s crypto license comes with a hefty $20 million price tag, welcoming all applicants.

  • Telegram crypto bots gain momentum, with daily trade volumes hitting a record high of $10 million in July, according to a report by Binance Research.

  • Singapore’s central bank commits $112 million to drive fintech innovation.

  • Hong Kong regulator warns of criminal offenses by unlicensed crypto exchanges engaged in improper practices.

  • Blockchain.com obtains a payment license from Singapore’s central bank.

  • The UAE signs a deal to develop a carbon credit system on the Venom Foundation blockchain, aiming to reduce carbon emissions by 40% by 2030.

  • Payments firm FOMO acquires tokenized securities firms CapBridge and 1exchange, which were backed by SGX.

  • The FBI warns of crypto scammers posing as NFT developers.

  • Dogecoin enters pop culture with an appearance on Futurama.

  • Terra’s Do Kwon sells more Bitcoin to secure funding for lawyers.

  • Huobi insolvency rumors are denied as USDT reserves decline on all exchanges except Binance.

  • Sino Global files a $67 million claim against FTX-Alameda.

  • DeFi total losses exceed $77 billion, with July recording the largest loss of 2023 at $389 million.


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1 Like

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Thanks for the info! Very helpful :+1:


Nice news :+1: