Web 3 World

#pol #matic 🇪🇸 Spanish telecommunications giant Telefónica has integrated Privado ID (formerly Polygon ID) into its services – Original. Privado ID specializes in identity verification while preserving user privacy. Telefónica's market capitalization = $26,300,000,000+ Web 3 World

In 2024, the U.S. Securities and Exchange Commission (SEC) imposed enforcement actions against cryptocurrency companies and their executives totaling around $4.7 billion, marking a 3000% increase compared to 2023. This record figure was largely driven by a $4.47 billion settlement with Terraform Labs' Do Kwon. In total, there were 11 enforcement actions. Web 3 World

📱 The Apple presentation took place, and CoinGecko showcased how the price of iPhones in Bitcoin has changed with each new device release. Web 3 World

#records 🩸 The Bitcoin ETF has recorded the longest daily outflow of funds since its launch – a loss of $1,200,000,000 over the past 6 days! (Bloomberg) Altcoin Market Watch

🗞 Key cybersecurity news of the week: ✔️ The FBI warned crypto companies about an increased threat from North Korean hackers. ✔️ Android users were targeted by malware that extracts seed phrases from images. ✔️ Rutube confirmed a major DDoS attack on its service. ✔️ A fake OnlyFans hacker tool was discovered with embedded cryptocurrency-stealing software. Crypto News by GeorgeG

💰 The most important venture investment events of recent weeks — report: ✔️ Payment firm Bridge raised $58 million ✔️ E-PAL raised $30 million for the gaming platform Balance ✔️ Blockchain startup Space and Time raised $20 million ✔️ Edge Matrix Chain raised $20 million ✔️ Startup Hypernative raised $16 million ✔️ Restaking protocol Solayer raised $12 million at an $80 million valuation Web 3 World

❗️🇷🇺 Chainalysis: Russia is developing a "crypto infrastructure" to evade sanctions. ▫️The Central Bank of Russia is integrating crypto assets into the financial system for use in cross-border payments. ▫️Vladimir Putin decided to "seize the moment," emphasizing the growing role of digital assets in global payments and the potential to reduce dependence on the U.S. dollar. ▫️The new infrastructure will allow Russian companies to use digital assets for international trade, circumventing sanctions. ▫️Crypto exchanges in Moscow City (Tetchange, 100btc, Bitzlato, Suex, and Garantex) are processing millions of dollars in transactions despite sanctions. ▫️Russia plans to become a global leader in mining. ▫️BRICS countries are developing various blockchain initiatives. Web 3 World

💳 Mercuryo Launches Virtual Crypto Card 'Spend' in Partnership with Mastercard Web3 payments company Mercuryo has launched its virtual crypto card, 'Spend,' in collaboration with Mastercard. The card is designed for European customers and allows seamless conversion of 40 cryptocurrencies into euros. Users can easily integrate the card with Apple Pay or Google Pay for convenient transactions across supported platforms. This move aims to bridge the gap between traditional finance and crypto, offering more accessibility to everyday crypto users. With increasing adoption of digital assets in daily life, the card positions Mercuryo as a key player in the evolving Web3 payments space. Web 3 World

🎉 #POLS Polkastarter V4 has officially launched – Blog Featuring an improved interface, a new missions feature, badges, and more. Web 3 World

🇮🇩 #USDT Tether is organizing a roadshow across ten cities in Indonesia – blog A partnership agreement has been signed with Reku. Goal: expansion in the region, as Indonesia ranks among the top 7 countries in cryptocurrency adoption. Web 3 World

#opinion #xrp 💧Ripple's CEO predicts SEC Chair's resignation – decrypt "Gary Gensler will be asked to step down regardless of the presidential election outcome." ++ Ripple also announced the launch of the stablecoin #RLUSD in the coming weeks. Web 3 World

#OnChain 💸 16,500 BTC ($1 billion) were withdrawn from crypto exchanges in the last week - IntoTheBlock. Web 3 World

🤝 HashKey and Kaia partner to boost Web3 adoption in Asia ▪️Partnership: HashKey Group is teaming up with Kaia (formerly Klaytn) to boost Web3 adoption in Asia and globally. ▪️Merger: This partnership aligns with the Kaia-Finschia merger, aiming to create Asia's largest Web3 governance platform. ▪️Focus: The collaboration will address digital finance, content creation, and security, working with partners like Kakao and LINE. ▪️Objective: To build a strong mainnet ecosystem by merging Klaytn and Finschia's strengths. ▪️Statement: Ben El-Baz of HashKey Global sees this as a step toward advancing digital assets, especially with growing Asian tech investments in Web3. ▪️Mainnet Launch: Kaia launched its mainnet on August 29, offering applications similar to Telegram on the LINE platform. ▪️Kaia Wave: This program, introduced with the mainnet, supports mini-decentralized apps on LINE. ▪️Catizen Partnership: On August 19, HashKey Group also partnered with Catizen, a Telegram Mini App. Web 3 World

▫️Vitalik Buterin stated that he hasn't sold #ETH for personal gain since 2018. All funds have been used for the development of the Ethereum ecosystem or for charity. ▫️Coindesk: Next week, Russia will begin testing cryptocurrency cross-border payments. ▫️Microsoft: North Korean hackers stole cryptocurrency by exploiting a vulnerability in Google Chrome. The issue was fixed on August 21st, so updating your browser is necessary. ▫️SoSoValue: Weekly outflow from spot Bitcoin ETFs reached $277,130,000 ▫️Cardano: Tomorrow, the Cardano Chang (#ADA) hard fork, the biggest update in two years, will be released. ▫️Coinbase: Coinbase completed its first cryptocurrency transaction fully managed by an AI bot. ▫️DWF Labs Founder: “September is coming, buckle up” (a weak month). ▫️CertiK: In August, hackers stole over $300,000,000 in cryptocurrency. ▫️Associated Press: Twitter (X) has been banned in Brazil. Web 3 World

🤙 Captains Bay × AMA Session 🖼 The pirate team announced the start of today's AMA session, where the entire team will be present and answers to your questions. ⏲ If you are a true pirate and you are going to conquer the expanses of the Caribbean Sea, then the team is waiting for you on 08/31/2024 at 20:00 (GMT +3), that is, today. 👥 The High Command will tell you about the next NFT sale and how to earn more gold in the mini app. ❗️ We set the alarm clocks, get ready and meet at the appointed time at the appointed place.

📈 #USDC The largest Korean crypto exchange, Upbit, will be listing trading pairs for USDC/KRW, USDC/BTC, and USDC/USDT – Announcement. Web 3 World

🔼 The market capitalization of #DOGS has already surpassed $800,000,000. The token is now ranked 75th on CoinMarketCap. 〽️ For comparison: the market cap of #NOT is $920,000,000. Web 3 World

🇺🇸 The SEC is planning to sue OpenSea! – original The SEC has issued a Wells Notice to the marketplace – NFTs are considered "securities." ❗️OpenSea CEO:

We are shocked by the SEC's radical actions against creators and artists. But we are ready to fight.

“NFTs are artworks, collectibles, video games, domain names, event tickets, and much more.” “We should not regulate digital art the same way as securities.” ⛔️ A Wells Notice is an official notification from the SEC informing the recipient that the agency intends to take enforcement action against them (bring charges). Web 3 World

SATS shares have significantly increased due to a turnaround in profit. See the details here: growbeansprout.link/sats-1q25-earnings-aug-2024 Please discuss this in @BeansproutSG. Stay updated with the latest insights by following @BeansproutAnnouncement.

Daily Sprout 🌱 (21 Aug) After eight consecutive sessions of gains, the S&P 500 slipped due to expectations of interest rate cuts in September. STI ⬆️ 0.44% HSI ⬇️ 0.33% NKY ⬆️ 1.80% S&P500 ⬇️ 0.20% Nasdaq ⬇️ 0.33% DJIA ⬇️ 0.15% What's Sprouting? 🌱 SATS reported a net profit of S$65m for the first quarter of FY25, reversing from a loss of S$30m in the same period last year and improving from a profit of S$33m in Q4 FY24. The key drivers were increased demand for inflight meals and higher air cargo volume. 🌱 Sembcorp Industries signed Heads of Terms with Nippon Yusen Kabushiki Kaisha to transport green ammonia supply from its proposed project in India to Japan. 🌱 Keppel, ADB and Enterprise Singapore signed a Memorandum of Understanding to jointly explore opportunities in energy transition, environmental sustainability, and blended finance worth US$800m in Asia and the Pacific region. 💬 Discuss this @BeansproutSG 🔈 Join @BeansproutAnnouncement for latest insights!