🔔 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.

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🔔 Grayscale Launches AVAX Token Trust for Avalanche Investments.

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Sovereign Chains Infrastructure Partners: Chain Abstraction via XION

Web3 is steadily innovating and growing. Alongside the constant expansion, there’s also a consensus feeling that we are close to reaching the maximum potential in the current state. And to overcome that, we need to eliminate as much jargon, friction points, and unfamiliar experiences as possible.

XION is building a general abstraction layer with the goal of extending its seamless UX to multiple different chains. As the number of integrated chains grows, they get closer and closer to creating an environment where blockchains are just invisible backends and not a perpetual crash course at each user step.

Through our collaboration, XION will initially focus on bringing its Chain Abstraction tools to Sovereign Chains. Teams developing their specialized blockchain solutions with our SDK will be able to leverage XION’s powerful product suite to remove any technology obstacle for regular people.

Read more: https://multiversx.com/blog/sovereign-chains-xion-chain-abstraction

RT: https://x.com/MultiversX/status/1826624459979063476

🔔 Binance goes on a hiring spree, set to employ 1,000 more for compliance roles.

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🔔 Former Binance CEO Changpeng Zhao (CZ) has been transferred from FCI Lompoc II prison to RRM Long Beach halfway house in California.

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