Qatar introduces regulatory framework for digital assets
The QFC’s regulators — the Qatar Financial Centre Authority (QFCA) and Qatar Financial Centre Regulatory Authority (QFCRA) — announced a framework that establishes a foundation for digital assets in the QFC.
The rules include tokenization processes and the legal recognition of property rights in tokens and underlying assets, custody arrangements, transfer and exchange. In addition, the framework has provisions for the legal recognition of smart contracts.
The QFC allows up to 100% foreign ownership and 100% repatriation of profits.
https://cointelegraph.com/news/qatar-financial-centre-digital-assets-regulation
The crypto market is growing
BTC Dominance - 55.77%
Market Cap - $2.09T
BTC - $59,135 (+2.51%)
ETH - $2,516.62 (+2.72%)
BNB - $535.2 (+3.94%)
SOL - $135.61 (+4.29%)
XRP - $0.5668 (+3.02%)
TON - $5.24 (+1.08%)
ZRO - $3.71 (-0.5%)
https://dropstab.com
Ripple is set to launch a new token standard on the XRP Ledger this month, aiming to enhance its support for real-world assets (RWAs).
“Multi-purpose tokens” (MPTs) are specifically designed for RWAs, enabling the storage of metadata directly with the asset.
https://thecryptobasic.com/2024/09/02/ripple-launching-new-token-standard-on-xrp-ledger/
Over the past year, the top 10 memecoins have dropped an average of 63.73% from their peak.
https://x.com/lookonchain/status/1830451316042444913/
The crypto market is down
BTC Dominance - 55.81%
Market Cap - $2.04T
BTC - $57,540.01 (-1.65%)
ETH - $2,443.53 (-1.69%)
BNB - $513.9 (-2.27%)
SOL - $129.78 (-3.01%)
XRP - $0.5489 (-2.13%)
TON - $5.18 (-3.82%)
ZRO - $3.73 (-6.11%)
https://dropstab.com
Sahara AI has introduced the Prometheus Program
Sahara AI is granting early access to 2,000 product testers.
https://x.com/SaharaLabsAI/status/1829551407193842045
Andrei Grachev: “September is coming, fasten your seat belts.”
https://x.com/ag_dwf/status/1829816185430401480
Spot ETF Flow on 30.08: BTC-ETF -$175.67M, ETH-ETF $0M
https://sosovalue.com/assets/etf/us-btc-spot
Robot Ventures raised $75 million for the fourth crypto fund
https://www.bloomberg.com/news/articles/2024-08-30/robot-ventures-raises-75-million-for-early-stage-crypto-venture-capital-fund
The crypto market is neutral
BTC Dominance - 55.62%
Market Cap - $2.10T
BTC - $59,323.99 (+0.65%)
ETH - $2,528.88 (+0.61%)
BNB - $540.9 (+1.81%)
SOL - $138.67 (+0.05%)
XRP - $0.5664 (+0.72%)
TON - $5.38 (-0.81%)
ZRO - $4.19 (+2.51%)
https://dropstab.com
BounceBit is launching BounceBit V2 — Bodhi in September
BounceBit V2 represents a comprehensive upgrade to both CeDeFi and BounceClub, designed to enhance your experience within the BounceBit ecosystem.
bouncebit/bouncebit-v2-bodhi-%E6%82%9F-9fa0136c1a9b" rel="nofollow">https://medium.com/@bouncebit/bouncebit-v2-bodhi-%E6%82%9F-9fa0136c1a9b
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Donald Trump announces that he will introduce a plan to turn the US into the ‘crypto capital of the planet’
He also mentioned World Liberty Financial, a DeFi project being promoted by his sons.
https://x.com/realDonaldTrump/status/1829141447087648796
Upbit announces USDC/KRW, USDC/BTC, USDC/USDT support
https://x.com/official_upbit/status/1829325772269736395
SushiSwap has introduced its next-generation memecoin launchpad Dojo.
https://x.com/SushiSwap/status/1830637072706916681
Mysten Labs, the Web3 company supporting the Sui blockchain, has launched preorders for the SuiPlay0X1 gaming handheld.
Powered by Playtron’s device agnostic game operating system (OS), SuiPlay0X1 is the first handheld gaming device to integrate Sui’s native blockchain technology.
Preorders of the device are open now until all available units have been sold out. Priced at $600 (plus shipping and tax), the device can be purchased with SUI, ETH and SOL tokens. The first one thousand customers to preorder a SuiPlay device will receive a soul-bound non-fungible token (NFT), which will provide special access, rewards, and perks. Delivery of pre-order devices will begin in 2025.
https://venturebeat.com/games/mysten-labs-unveils-specs-for-suiplay0x1-web3-gaming-handheld/
💧 Top Bitcoin Ecosystem Investments of This Summer
👉 https://dropstab.com/tab/bitcoin-ecosystem-fundraise-nt6a5rytrp
Cardano network's Chang upgrade goes live
https://x.com/Cardano_CF/status/1830411972460093781
SEC warns FTX against paying creditors back in stablecoins, other crypto
https://www.theblock.co/post/314069/sec-warns-ftx-against-paying-creditors-back-in-stablecoins-other-crypto
Pump.fun surpasses $100 million in revenue as Polymarket outshines NFTs in August
https://www.theblock.co/post/314054/pump-fun-surpasses-100-million-in-revenue-as-polymarket-outshines-nfts-in-august
The crypto market correction
BTC Dominance - 55.72%
Market Cap - $2.08T
BTC - $58,569.12 (-1.23%)
ETH - $2,490.43 (-1.47%)
BNB - $526.6 (-2.44%)
SOL - $134.03 (-3.2%)
XRP - $0.5606 (-1.3%)
ZRO - $4 (-5.65%)
TON - $5.42 (+0.72%)
https://dropstab.com
This week Coinbase witnessed its first AI to AI crypto transaction
AI agents cannot get bank accounts, but they can get crypto wallets. They can now use USDC on Base to transact with humans, merchants, or other AIs.
https://x.com/brian_armstrong/status/1829623778726592804
Microsoft identified a North Korean threat actor exploiting a zero-day vulnerability in Chromium, now identified as CVE-2024-7971, to gain remote code execution (RCE).
The observed exploitation of CVE-2024-7971 can be attributed to a North Korean threat actor targeting the cryptocurrency sector for financial gain.
Google released a fix for the vulnerability on August 21, 2024, and users should ensure they are using the latest version of Chromium.
https://www.microsoft.com/en-us/security/blog/2024/08/30/north-korean-threat-actor-citrine-sleet-exploiting-chromium-zero-day/
Telegram has $400,000,000 in crypto
https://www.ft.com/content/242552a9-4280-46c0-9d61-bcf6ccd14400
💧 Top 5 Babylon Ecosystem Protocols with Point Programs
👉 https://dropstab.com/activities
Bounce Booster is live
https://booster.bounce.finance/strategy
Stake FDUSD or AUCTION to earn CeDeFi Yield & Booster Points.
Guide: https://bouncefinance.medium.com/introducing-bounce-booster-maximize-yield-minimize-effort-c6ff20434417
More details: https://x.com/bounce_finance/status/1829485523376730210
Spot ETF Flow on 29.08: BTC-ETF -$71.73M, ETH-ETF -$1.77M
https://sosovalue.com/assets/etf/us-btc-spot
Frax Finance has introduced Frax Name Service (FNS)
FNS is a fork of Ethereum Name Service (ENS) for the Frax ecosystem. It retains ENS's core features but FNS burns FXS tokens instead.
Claim your .frax username here: https://www.frax.com/fns
https://x.com/fraxfinance/status/1829183229397741945
The crypto market is neutral
BTC Dominance - 55.63%
Market Cap - $2.10T
BTC - $59,036.68 (-0.2%)
ETH - $2,517.86 (-0.26%)
BNB - $530.7 (-1.79%)
SOL - $138.88 (-3.36%)
XRP - $0.5618 (-1.6%)
TON - $5.44 (-2.58%)
ZRO - $4.13 (+6.16%)
https://dropstab.com