🔔 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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🔔 A South Korean civil servant has been charged with allegedly embezzling over $400,000 from government funds and using some of it to invest in cryptocurrencies.

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🔔 Binance announces the 57th project on Binance Launchpool -Dogs (DOGS)

➡️ Binance has announced the 57th project on Binance Launchpool – Dogs (DOGS), a Ton memecoin born within Telegram community.

➡️ Users will be able to stake their BNB and FDUSD into separate pools to farm DOGS tokens over three days, with farming starting from August 23rd at 00:00 (UTC).

➡️ Listing: 26th August at 12:00 (UTC)

👉 https://www.binance.com/en/support/announcement/introducing-dogs-dogs-on-binance-launchpool-farm-dogs-by-staking-bnb-and-fdusd-fc967d5825774984829b96943a42fadf

🔔 Polygon to migrate MATIC to POL tokens on September 4

➡️ POL will replace MATIC as the native gas and staking token for the Polygon PoS network and will play a key role in the AggLayer.

➡️ MATIC holders on Ethereum, Polygon zkEVM, and CEXes may need to complete the migration to POL tokens.

👉 https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know?utm_source=twitter&utm_medium=social&utm_campaign=blog

🔔 Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group

➡️ Tether plans to seek licensing for the stablecoin under the U.A.E. central bank's Payment Token Services Regulation

👉 https://www.coindesk.com/business/2024/08/21/tether-plans-to-develop-uae-dirham-pegged-stablecoin-alongside-phoenix-group/?utm_medium=social&utm_campaign=coindesk_main&utm_source=twitter&utm_term=organic&utm_content=editorial

🔔 Tether Launches USDT Stablecoin on Aptos Blockchain

➡️ Tether is launching its USDT stablecoin on the Aptos blockchain, offering lower-cost transactions. Aptos, co-founded by former Meta engineers, aims to support scalable decentralized applications.

👉 https://tether.io/news/tether-usd%e2%82%ae-to-launch-on-aptos-blockchain/

🔔 Binance Labs invests in four projects from BNB Chain's season 7 MVB program

➡️ BNB Chain’s MVB (Most Valuable Builder) Program attracted over 700 applications this season, with less than 2% being accepted.

➡️ Aggregata: Unifies AI data, models, and computing into a seamless, one-stop platform.

➡️ Opinion Labs: Building dynamic opinion and continuous prediction markets.

➡️ Sidekick: The consolidation hub for social, games, and beyond.

➡️ Vooi: A cross-chain perp DEX aggregator supporting both EVM and non-EVM chains.

👉 https://www.bnbchain.org/en/blog/binance-labs-invests-in-four-exceptional-projects-from-bnb-chains-mvb-season-7

🔔 Justin Sun's USDD stablecoin is no longer backed by bitcoin

➡️ According to Tron DAO Reserve, approximately 12,000 BTC previously used as USDD reserves have been removed.

➡️ Currently, $744 million USDD tokens in circulation, making it the seventh-largest stablecoin and one of the top 100 cryptocurrencies by market cap.

👉 Source

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🔔 Sony Group has finally pulled back the curtain on Soneium, an Ethereum layer-2 blockchain developed in partnership with Web3 infrastructure provider Startale.

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🔔 Michael Saylor predicts Bitcoin will reach $350,000 in 2024 due to increased institutional interest and Bitcoin’s limited supply.

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🔔 Donald Trump promotes their family's crypto project, The Defiant Ones, on the Truth Social platform.

➡️ Trump positions the crypto project as a solution against "big banks" and "financial elites".

➡️ Trump's crypto endorsement sparks market enthusiasm, gaining traction from crypto enthusiasts.

👉 Source

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