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

🔔 Defunct Canadian cryptocurrency trading platform ezBtc has been found guilty of diverting $9.5 million of customer assets into gambling sites and lying to customers.

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🔔 Crypto market sentiment indicates that a Trump election win would be a more bullish outcome, Bernstein said in a report.

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🔔 Binance Labs invests in Sahara AI

➡️ Binance Labs invested in Sahara AI, a decentralized blockchain platform built for open and equitable AI.

➡️ Sahara AI is building a collaborative AI economy that prioritizes the sovereignty and provenance of AI, ensuring security, equity, and accessibility for all.

➡️ As reported by Reuters, Sahara AI raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs, and Polychain Capital.

👉 https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-sahara-ai-to-drive-open-and-equitable-ai-8046330444386409770?hl=en

🔔 Animoca is considering an IPO in Hong Kong or the Middle East in late 2025 or early 2026.

➡️ Animoca has $291 million in cash and stablecoin reserves and has invested in about 540 Web3 projects. However, its valuation has fallen from $5.9 billion in 2022 to $1.5 billion at present.

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🔔 Australia's securities regulator has sued the nation's largest exchange, ASX, for making misleading statement about its now-cancelled blockchain project.

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🔔 MetaMask launches debit card in partnership with Mastercard and Baanx

➡️ The MetaMask Card is first available in a pilot phase to a few thousand users in the EU and UK.

👉 https://x.com/MetaMask/status/1823700296281022804?t=GOWPOGYIgPh8FZsG1rxStA&s=19

🔔 Goldman Sachs has significantly bolstered its position in the cryptocurrency market, as revealed in its latest 13F filing.

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🔔 A Mt. Gox-labeled address recently moved 33,141 Bitcoin, which is roughly equivalent to $2 billion.

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🔔 Sonic (former fantom) Labs announced that Andre Cronje has officially become new chief technology officer (CTO).

➡️ Andre will continue leading the design and development of the new Sonic network, especially the new native bridge technology called “Sonic Gateway” that will move assets from other chains, such as from Ethereum to Sonic.

👉 https://blog.soniclabs.com/andre-cronje-chief-technology-officer-of-sonic-labs/

🔔 South Korea's National Pension Service (NPS) disclosed that it bought 245,000 shares of MicroStrategy in the second quarter of this year, worth about $33.75 million.

➡️ Previously, NPS bought 282,700 shares of Coinbase in the third quarter of last year. NPS manages $729.77 billion in funds and is the world's third largest pension fund.

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