🔔 Trump criticized the U.S. government’s recent sale of $2 billion worth of bitcoin, arguing that the U.S. should be building its crypto assets instead.

👉 Source

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🔔 Binance has challenged a nearly $86 million tax penalty notice issued by India’s tax department DGGI for fees collected from Indian customers between July 2017 and March 2024. DGGI is an agency responsible for indirect tax evasion intelligence and is part of the Indian Ministry of Finance.

👉 https://www.coindesk.com/policy/2024/08/06/binance-has-challenged-indias-86m-tax-showcause-notice-source/

🔔 Binance Labs Incubation Program announced the second batch of projects for the seventh season, including: Aarc, a modular protocol simplifying chain abstraction for dApps; FluxLayer, Omni-Chain Intent Liquidity Layer powered by EigenLayer; TonTon Games, unlocking Telegram Gaming.

👉 https://x.com/BinanceLabs/status/1820475119959228738?t=nPgesp9qDbTIXW_AZQ-RiA&s=19

🔔 Binance Pool has officially launched the KASPA Network (KAS) mining service. Kaspa is a POW cryptocurrency that implements the GHOSTDAG protocol. Previously, Binance launched KAS futures, but did not launch KAS spot.

👉 https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-m-kas-perpetual-contract-with-up-to-50x-leverage-7cda5be3429d4e1da2ad8e23c120a7fb

🔔 Ronin Network bridge paused after $10 million exploit involving MEV bot.

👉 Source

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🔔 Ark Invest bought 93,797 Coinbase shares, worth $17.8 million, across three exchange-traded funds on Monday amid the broad market price plunge.

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🔔 Marathon Digital Holdings, a leading player in the cryptocurrency mining sector, has amplified its Bitcoin reserves by acquiring an additional 2,282 BTC, valued at over $124 million.

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🔔 Ethereum Layer-2 Starknet sees Diego Oliva step down as CEO, transitioning leadership to James Strudwick.

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🔔 Michael Saylor, co-founder of MicroStrategy, supports converting fiat to a Bitcoin reserve.

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🔔 Hut 8, a Bitcoin miner and energy infrastructure company, announced Tuesday it will bring on a new chief financial officer later this month.

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MultiversX keeps getting better. If there’s one constant in the universe, it’s this.

New features and improvements have been deployed on the public testnet, batched in the "Spica” release. These will soon be voted on in community governance.

The Spica proposal voting window will start on Thursday (14:01 UTC) and will end on the 18th of August.

Governance participation is important for decentralization. Read more about the proposal on the voting portal.

RT: https://x.com/MultiversX/status/1820878961385336975

🔔 Binance CEO Richard Teng said that DeFiLlama showed that Binance had a net inflow of $1.2 billion in the past 24 hours. This is one of the highest net inflows for Binance in 2024, indicating that investors are interested in buying at a lower cost, August 5 is also one of the highest trading volumes for Binance in 2024.

👉 https://x.com/_RichardTeng/status/1820792517069332991?t=eulB7_pqUU_H1vv8WMkJlg&s=19

🔔 Binance Labs Invests in Solayer to Boost Solana’s dApps!🌟

➡️ Binance Labs invests in Solayer to enhance Solana’s dApps security and functionality. This support will boost Solayer’s scaling efforts and performance📈

👉 https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-solayer-to-drive-the-solana-restaking-ecosystem-forward-1538252395823419824?hl=en

🔔 JUST IN: Judge Orders Ripple to Pay $125M in Penalties, Ending Four-Year Battle with SEC

➡️ Judge Torres has ordered Ripple to pay $125 million in civil penalties and cease any further violations of securities laws, concluding a nearly four-year legal battle with the SEC. The SEC had originally sought a $2 billion penalty.

👉
https://twitter.com/EleanorTerrett/status/1821276946921345341

🔔 Around $40 million exited the Grayscale Ethereum Trust, now trading as an exchange-traded fund on August 6, according to data from Farside Investors.

👉 Source

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🔔 Ripple, a global leader in blockchain solutions, has forged a new partnership with the DIFC Innovation Hub to promote the use of digital assets and blockchain technology in the UAE.

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🔔 Binance to List Toncoin (TON) with Seed Tag Applied

➡️ Binance will list Toncoin (TON) and open trading for the following pairs on August 8, 2024, at 10:00 UTC: TON/BTC, TON/USDT, TON/FDUSD, and TON/TRY. Deposits are now available, and withdrawals will start on August 9, 2024, at 10:00 UTC.

👉
https://www.binance.com/en/support/articles/abba626aa0974b828f91c166bdc12afd

Calling all EGLD stakers! A new governance proposal has been put forth for community voting.

Spica gives developers more powerful tools to push the on-chain app experience forward. The proposal for the new important network upgrade is now live for voting on the governance portal:

📪 Vote here

RT: https://x.com/MultiversX/status/1821935486706868657

🔔 Following this week's approval of a Solana ETF in Brazil, experts suggest that a U.S. counterpart is sure to come—but when, exactly, remains unclear.

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🔔 Coinbase Assets announced that it will add Zetachain (ZETACHAIN) and Across Protocol (ACX) to its listing roadmap. ZetaChain is an L1 blockchain and smart contract platform designed for interoperability. Across is an Optimistic-based cross-chain bridging protocol.

👉 https://x.com/CoinbaseAssets/status/1821660171254268064?t=vi3jKZ_OyQS4yjyxmwzYvA&s=19

🔔 Tether aims to double its workforce to 200 by mid-2025. The expansion focuses on compliance and finance departments.

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