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🗞 CryptoNews of the Day 🗞

India Prime Minister Modi: Crypto and AI Needs Global Framework and Regulations: Indian Prime Minister Narendra Modi has called for a global framework on cryptocurrency, artificial intelligence (AI), and other emerging technologies.

👉Details: https://coinmarketcap.com/alexandria/article/india-prime-minister-modi-crypto-and-ai-needs-global-framework-and-regulations

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Grayscale Wins Lawsuit Against SEC: Bitcoin surges as court ruling paves way for ETFs.

👉Details: https://coinmarketcap.com/alexandria/article/grayscale-wins-lawsuit-against-sec

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South Korean To Implement New Reserve Requirements for Crypto Exchanges: Korea Federation of Banks implements reserve requirement for South Korean virtual asset exchanges.

👉Details: https://coinmarketcap.com/alexandria/article/south-korean-to-implement-new-reserve-requirements-for-crypto-exchanges

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OnlyFans' Parent Company Faces Ethereum Losses After Investing $19M in 2022: While 2022 proved to be a prosperous year for content creator platform OnlyFans, it wasn't necessarily the same for Ethereum, as highlighted in a recent financial statement.

👉Details: https://coinmarketcap.com/alexandria/article/onlyfans-parent-company-faces-ethereum-losses-after-investing-dollar19m-in-2022

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Hong Kong Financial Secretary Positive That Blockchain and Web3 Will Lead Next Digital Growth: Paul Chan Mo-po, the financial secretary for Hong Kong, has reiterated his unwavering support for blockchain technology.

👉Details: https://coinmarketcap.com/alexandria/article/hong-kong-financial-secretary-positive-that-blockchain-and-web3-will-lead-next-digital-growth

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#CMCLive: #Web3 Adoption in Korea & Japan 🎙️

🗓 Set a Reminder: https://coinmarketcap.com/community/post/330651641/

On August 31st (THUR), 4:00pm KST (7AM UTC)

For the first time ever, #CMCLive is being broadcast in Korean! Tune in & catch useful information on #Crypto Adoption with our special guests!
__

[LIVE/AMA] 한국/일본 Web2 기업들의 Web3 도입 현황과 미래 (쟁글 & 코인마켓캡)
https://coinmarketcap.com/community/share/post/330678829

코인마켓캡(CoinMarketCap)의 첫 한국어 라이브 세션 참여하세요! "한국/일본에서의 Web3 어돕션"을 주제로 라이브 스트리밍이 진행됩니다.

🗓 [TIME/DATE]
8월 31일 (목요일)
오후 4:00pm (KST)

🎙[SPEAKERS]
James Kim | Xangle Co-CEO & Co-Founder, CrossAngle Inc.
Dominic Jang | Oasys
Head of BD & Head of Korea, Oasys Pte. Ltd.
Woosuk Kim | Finschia Director, Finschia Foundation
Min Park Host, CMC Marketing

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🗞 CryptoNews of the Day 🗞

Last Week on Crypto Twitter: Bullish Selling?: Missed all the drama on Crypto Twitter last week? This roundup cover it all!

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-bullish-selling

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PYUSD, Backed by PayPal, Faces Adoption Struggles: The Paxos-issued stablecoin PYUSD looks to be having difficulties garnering on-chain usage, despite being backed by PayPal and set to be listed on Coinbase.

👉Details: https://coinmarketcap.com/alexandria/article/pyusd-backed-by-paypal-faces-adoption-struggles

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Coinbase’s Layer-2 Base and Optimism Collective Partner in Revenue and Governance Collaboration: Optimism Collective and Layer 2 Base have announced a strategic partnership aimed at fostering revenue sharing and governance cooperation.

👉Details: https://coinmarketcap.com/alexandria/article/coinbases-layer-2-base-and-optimism-collective-partner-in-revenue-and-governance-collaboration

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Central African Republic Considers Natural Resources Tokenization, Despite Removing Bitcoin as Legal Tender Earlier This Year: Despite the underwhelming response to its native digital currency, Sango Coin, the Central African Republic (CAR) is embarking on a new initiative to tokenize its abundant natural resources.

👉Details: https://coinmarketcap.com/alexandria/article/central-african-republic-considers-natural-resources-tokenization-despite-removing-bitcoin-as-legal-tender-earlier-this-year

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Singapore’s DBS Bank Launches 'DBS BetterWorld' Metaverse Experience in The Sandbox, Aims To Tackle Food Waste: The largest bank in Singapore, DBS Bank, has developed a novel metaverse experience within The Sandbox that will be made available to the general public by the end of the year.

👉Details: https://coinmarketcap.com/alexandria/article/singapores-dbs-bank-launches-dbs-betterworld-metaverse-experience-in-the-sandbox-aims-to-tackle-food-waste

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Nvidia Market Cap Surpasses Total Crypto Market After Announcing Record Profits: Nvidia, the renowned chipmaker, has achieved a remarkable feat this week as its market capitalization reached $1.18 trillion, surpassing the entire cryptocurrency market's valuation.

👉Details: https://coinmarketcap.com/alexandria/article/nvidia-market-cap-surpasses-total-crypto-market-after-announcing-record-profits

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Former New Jersey Corrections Officer Charged for Crypto Scam Targeting Police Officers and First Responders: John A. DeSalvo, a former lieutenant from the New Jersey Department of Corrections, has been accused by the U.S. Securities and Exchange Commission (SEC).

👉Details: https://coinmarketcap.com/alexandria/article/former-new-jersey-corrections-officer-charged-for-crypto-scam-targeting-police-officers-and-first-responders

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Circle’s USDC Expanding to Six New Blockchains via Noble Network: Circle Internet Financial, the sole overseer of the USDC stablecoin, is reportedly gearing up to unveil the stablecoin's integration onto six additional blockchains.

👉Details: https://coinmarketcap.com/alexandria/article/circles-usdc-expanding-to-six-new-blockchains-via-noble-network

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Bitcoin Investors Feel the Heat as Nearly 90% of Short-Term Holders Face Losses Amid Sell-off: Recent on-chain data reveals that Bitcoin (BTC) investors who seek short-term gains and are sensitive to rapid market movements are currently facing significant losses.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-investors-feel-the-heat-as-nearly-90percent-of-short-term-holders-face-losses-amid-sell-off

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Balancer Exploited For Almost $1M After Discovering Vulnerability: Decentralized exchange Balancer has suffered a hack in which it lost nearly $1m.

👉Details: https://coinmarketcap.com/alexandria/article/balancer-exploited-for-almost-dollar1m-after-discovering-vulnerability

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Blockchain Technology and Islamic Finance Converge at Istanbul Blockchain Week: The event showcased the latest developments in AI and Web3, and explored the intersection of these technologies with Islamic finance.

👉Details: https://coinmarketcap.com/alexandria/article/blockchain-technology-and-islamic-finance-converge-at-istanbul-blockchain-week

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SEC Charges LA-Based Impact Theory Over “Unregistered” NFT Offering: Los Angeles-based media and entertainment firm, Impact Theory, has been charged by the U.S. Securities and Exchange Commission (SEC) over its unregistered sale of nonfungible tokens (NFTs).

👉Details: https://coinmarketcap.com/alexandria/article/sec-charges-la-based-impact-theory-over-unregistered-nft-offering

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Oman Ramps Up Crypto Investments to Become Digital Hub in the Middle East: The Sultanate of Oman is intensifying its integration of cryptocurrencies, bolstered by a series of multi-million dollar investments this month.

👉Details: https://coinmarketcap.com/alexandria/article/oman-ramps-up-crypto-investments-to-become-digital-hub-in-the-middle-east

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Binance, TRM Labs Assists in Arrest of Key ISIS Members in Tajikistan and Turkey: Crypto exchange giant Binance's investigative team played a pivotal role in the capture of individuals associated with the Islamic State Khorasan Province (IKSP) in Tajikistan and Turkey.

👉Details: https://coinmarketcap.com/alexandria/article/binance-trm-labs-assists-in-arrest-of-key-isis-members-in-tajikistan-and-turkey

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#CMC is going to Korean Blockchain Week 2023 🔥#KBW2023

We're ready to connect with the brightest minds in the industry to discuss, redefine, and celebrate the future of #Crypto! 🚀

Stop by our booth to say Hi as we continue to expand our presence around the world! 👋

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JPMorgan: “Limited Downside” For Crypto in the Short-Term: JPMorgan analysts have indicated that the recent corrective phase in the cryptocurrency markets, accompanied by liquidations, might have concluded.

👉Details: https://coinmarketcap.com/alexandria/article/jpmorgan-limited-downside-for-crypto-in-the-short-term

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dYdX Founder Antonio Juliano Advises Crypto Builders to Focus Outside US Markets: Antonio Juliano has suggested that cryptocurrency builders should shift their focus away from serving customers in the United States for the next five to ten years.

👉Details: https://coinmarketcap.com/alexandria/article/dydx-founder-antonio-juliano-advises-crypto-builders-to-focus-outside-us-markets

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PEPE Plunges as Team Wallet Initiates Multi-Million Dollar Token Transfers, Raises Concerns: Pepe (PEPE) faced a sharp downfall on Friday morning as millions of dollars' worth of the cryptocurrency were swiftly transferred from the project team's wallet to various exchanges.

👉Details: https://coinmarketcap.com/alexandria/article/pepe-plunges-as-team-wallet-initiates-multi-million-dollar-token-transfers-raises-concerns

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UK Treasury Reviewing Complete Ban on Investment Cold Call, Including Cryptocurrencies: As the UK gears up for a forthcoming ban on cold calls related to finance, the country's Treasury has released a consultation paper.

👉Details: https://coinmarketcap.com/alexandria/article/uk-treasury-reviewing-complete-ban-on-investment-cold-call-including-cryptocurrencies

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Bankrupt Crypto Exchange FTX Seeks to Protect Assets through Hedging and Staking With Galaxy Digital: FTX, the crypto exchange currently undergoing bankruptcy proceedings, is pursuing strategies to safeguard its remaining assets according to recent court filings.

👉Details: https://coinmarketcap.com/alexandria/article/bankrupt-crypto-exchange-ftx-seeks-to-protect-assets-through-hedging-and-staking-with-galaxy-digital

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Reserve Bank of Australia Explores Use Cases for CBDCs: The RBA's report on the CBDC pilot program provides valuable insights into the potential benefits and challenges of a CBDC in Australia.

👉Details: https://coinmarketcap.com/alexandria/article/reserve-bank-of-australia-explores-use-cases-for-cbdcs

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Tornado Cash Co-founders Charged with Money Laundering and Sanctions Violations: On Wednesday, two co-founders of Tornado Cash, a privacy-focused cryptocurrency mixing service, were charged with US federal money laundering and sanctions violations.

👉Details: https://coinmarketcap.com/alexandria/article/tornado-cash-co-founders-charged-with-money-laundering-and-sanctions-violations

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Binance Labs Invests in Yield Tokenization Protocol Pendle Finance: Binance Labs, the venture arm of leading cryptocurrency exchange Binance, has revealed an undisclosed investment in Pendle Finance.

👉Details: https://coinmarketcap.com/alexandria/article/binance-labs-invests-in-yield-tokenization-protocol-pendle-finance

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Will Thailand's New Prime Minister Deliver on His Crypto Airdrop Promise?: Thailand’s newly elected Prime Minister proposed a national airdrop for citizens, promising to give every citizen 10,000 Thai Baht in crypto if his party won the election.

👉Details: https://coinmarketcap.com/alexandria/article/will-thailands-new-prime-minister-deliver-on-his-crypto-airdrop-promise

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