🔔 Cryptocurrency companies are flocking to Turkey, as evidenced by 47 firms applying for operating licenses under new regulations.

👉 Source

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🔔 Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023.

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🔔 Coinbase’s Chief Legal Officer, Paul Grewal, has given an account of the Freedom of Information Act (FOIA) lawsuit that is being conducted by the U.S SEC and the FDIC.

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🔔 The United States is set to revolutionize its position in the global digital market by introducing a tax-free Bitcoin Digital Economic Zone, as proposed by the USABTC policy group.

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🔔 The U.S. Securities and Exchange Commission (SEC) has addressed District Judge Analisa Torres’ ruling in the Ripple case over XRP.

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🔔 The enforcement action taken by the US Federal Reserve against the crypto-friendly Customers Bank has sparked speculation that Kamala Harris’ presidential campaign may not be genuine in its efforts to mend relations with the cryptocurrency industry.

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🔔 Celsius sues Tether, demanding $2.4 billion worth of Bitcoin.

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🔔 SEC has settled fraud charges with electric vehicle company Ideanomics over financial reporting and “misleading the public about the company’s performance.”

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🔔 On Friday, Cathie Wood's Ark Invest sold 400 units each of ARKZ and EETH on August 9, signaling a bearish stance on Ethereum.

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🔔 BitGo CEO Mike Belshe has brushed off claims that Justin Sun’s involvement in its Wrapped Bitcoin business will somehow impact its security or transparency.

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Voting is underway within the community on an improved MultiversX codebase meant to boost the extensibility of blockchain-abstracted applications.

The upgrade helps traditional businesses to move on-chain while keeping the user behavior consistent.

Weekly #multiversxtech 🛠

https://x.com/mihaiiuga3/status/1822648429140472244

🔔 BlackRock’s iShares Ethereum Trust is poised to become the first U.S. spot Ethereum ETF to reach $1 billion in net inflows, marking a significant milestone for the fund.

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🔔 Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade.

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🔔 James Utudor, a Nigerian crypto advocate, has filed a lawsuit against the government, targeting the heavy restrictions on cryptocurrencies.

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🔔 El Salvador has secured a record-breaking $1.6 billion private investment from Yilport Holding, marking the largest in the nation’s history.

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🔔 DBS, Singapore’s largest bank, has launched a Treasury Token pilot in collaboration with Ant International, the parent company of Alipay+.

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🔔 Metaplanet purchased ¥500 million in Bitcoin, totaling about 303 BTC.

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🔔 Binance users in Venezuela says they're having difficulty accessing the crypto exchange.

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🔔 Binance URL Unblocked in India

➡️ App Still unavailable on iOS & Android Stores

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🔔 Tether To Make Strategic $3 Million Investment in Kem, Paving the Way for Financial Inclusion in the Middle East

👉 https://tether.io/news/tether-to-make-strategic-3-million-investment-in-kem-paving-the-way-for-financial-inclusion-in-the-middle-east/

🔔 ZAN and Mysten Labs Partner to Advance Web3 Infrastructure Development

👉 https://decrypt.co/244391/zan-and-mysten-labs-partner-to-advance-web3-infrastructure-development?amp=1