🔔 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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🔔 Grayscale Launches AVAX Token Trust for Avalanche Investments.

👉 Source

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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.

👉 Source

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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.

👉 Source

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🔔 El Salvador to Provide Bitcoin Certification to 80,000 Civil Servants & Launch Bitcoin Courses in Public Schools.

👉 Source

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🔔 WazirX to resume phased INR withdrawals on August 26, only 66% funds available.

➡️ WazirX announced that they can't process crypto withdrawals for users, and only 66% of INR balances can be withdrawn.

➡️ The remaining 34% of INR balances have been frozen due to 'legal investigations.'"

➡️ WazirX has outlined a phased withdrawal plan:

➡️ Aug 26 - Sept 8, 2024: Users can withdraw up to half of the available 66% INR balances.

➡️ Sept 9 - Sept 22, 2024: Users can withdraw the full 66% of their INR balances.

👉 https://wazirx.com/blog/announcement-2/

🔔 Ethereum Foundation transferred significant amounts of ETH tokens to the Kraken exchange. 

👉 Source

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The first – and only – on-chain 2FA protection in the industry.

Enabling a new security standard, one that can make any MultiversX wallet practically unbreakable.

Here’s how Guardians work & why 25% of our network daily transactions already take advantage of them 📺 👇

https://www.youtube.com/watch?v=wbUEX8IG7YQ

RT: https://x.com/MultiversX/status/1826985692632588753

🔔 Telegram Founder & CEO Pavel Durov arrested in France.

👉 Source

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🔔 Polygon has regained control of its community Discord server following a hack that allegedly cost one user about $145,000 in assets. 

➡️ The attack, seemingly from a serial hacker, comes shortly before Polygon’s planned mainnet upgrade on Sep. 4, which will transition its native token MATIC to a new token with the ticker POL. 

👉 https://www.theblock.co/amp/post/312920/polygon-restores-control-of-discord-server-following-145000-hack-as-pol-token-launch-approaches

🔔 Vitalik said that the kinds of applications that he want to see are applications that are useful in a sustainable way and don't sacrifice on the principles (permissionlessness, decentralization, etc). DEXes are great and he use them every week. Decentralized stablecoins (eg. RAI) and polymarket are great.

👉 https://x.com/VitalikButerin/status/1827583576751181961?t=AnyHoDfkbnJlmRBckEnSgg&s=19

🔔 TON: We want to assure everyone that the TON community remains strong and fully operational. As a community committed to freedom of speech and decentralization, we stand firmly by Pavel during this challenging time. Pavel has been a dedicated advocate for these values, and we believe his efforts to promote an open and decentralized internet will continue to inspire millions.

👉 https://x.com/ton_blockchain/status/1827490660858933483?t=zgb9FPavZMi1iatpZO0NYw&s=19

🔔 Coinbase CEO Brian Armstrong released an on-chain address score query website. The query results show the on-chain score, including Ethereum and Base transaction numbers, active days and other data. The platform will be upgraded to support ENS and Basenames domain names in the future.

👉 https://www.onchainscore.xyz/

🔔 Cryptocurrency exchange Gate has announced a partnership with FC Internazionale Milano, one of the most prestigious football clubs in the world and the reigning champions of Serie A. Starting from the 2024 / 25 season, Gate will become the Official Sleeve Partner for Inter.

👉 https://www.gate.io/announcements/article/38807

🔔 The US Securities and Exchange Commission has contested Hex founder Richard Heart’s attempt to dismiss its $1 billion securities fraud lawsuit, asserting its jurisdiction over the case.

👉 Source

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Building in the open is something that we try and do as much as possible at MultiversX.

It was key to establish an engineering community around the network early on, and it’s now indispensable due to the steady stream of updates.

Last week in #multiversxtech 🛠

https://x.com/AdrianDobrita/status/1827702622481949174

🔔 Telegram Releases Official Statement on Pavel Durov's Detention

➡️ Telegram issued its first statement supporting CEO Pavel Durov following his reported detention in France. Durov's status is unclear, with an official update expected on August 26.

👉
https://x.com/telegram/status/1827787345367834772

🔔 Ethereum co-founder Vitalik Buterin singles out some of the main threats in the world of technology as of today.

👉 Source

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🔔 Tron founder Justin Sun proposes a DAO to help free Telegram CEO Pavel Durov after his arrest and says he will donate $1,000,000.

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🔔 Michael Saylor recently shared a comparison on social media, showcasing how his company has performed against other major firms since August 2020.

👉 Source

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