Web 3 World

🤑 Donald Trump's cryptocurrency holdings have been revealed to be valued at over 💲1️⃣ million. Despite previously labeling digital currencies as a scam, Trump now owns between $1 million and $5 million in cryptocurrencies, according to his latest financial disclosure. 🗳 This shift in stance is notable as he campaigns with a pledge to transform the U.S. into the world's leading cryptocurrency hub.

⚽️ In the 2024/2025 season, 14 of the 20 clubs in the English Premier League will enter into partnership or sponsorship agreements with cryptocurrency companies. 🏴󠁧󠁢󠁥󠁮󠁧󠁿 The English Premier League is the most popular sports league in the world: its broadcasts reach 212 countries, with a potential TV audience of 4.7 billion.

🔖 Evening news digest of developments in the crypto world ⚡️ JPMorgan: The profitability of BTC-mining in August fell to a record low level amid a 1% increase in the network hashrate. At the same time, US exchange traded miners' share of the network's total hashrate peaked at 26%, but their total capitalisation is down 18% since the start of the month ⚡️ Payment platform Flexa introduced Flexa Components tool for accepting crypto payments at offline retailers without commissions. Customers will be able to pay for purchases from a crypto wallet via a mobile app in BTC, ETH, SOL, LTC, as well as USDC stablecoins and other assets. Earlier, USDC's head of issuance announced the imminent launch of contactless payments on the iPhone ⚡️ Singaporean miner Bitdeer, which previously received a $150 million investment from USDT issuer Tether, will raise another $150 million through a convertible bond offering maturing in 2029. The funds will be used to expand data centres and develop its own ASIC miner ⚡️ Malaysian applied research and development centre under the Ministry of Science, Technology and Innovation has started to cooperate with the Worldcoin project. In the future, Worldcoin could be integrated into the national blockchain infrastructure, and the parties could jointly produce Orb iris scanning devices. The WLD token exchange rate fell to a one-year low amid a general market decline ⚡️ In less than a week, the price of gas on the Ethereum blockchain fell to multi-year lows twice. On 10 August, the average cost of a transaction was less than 2 gwei for the first time in five years, while on 16 August it was below 1 gwei at one point. Lower fees lead to lower coin burn and higher issuance. According to CoinGecko, supply has grown by 75,301 ETH so far this year

⚡️ Most interesting by this hour 💬 The All-Russian Centre for Public Opinion Research conducted a survey on the attitude of Russians to the launch of the digital ruble in 2025. The survey showed that 59% of respondents are not interested in the use of CBDC. ❗️ The U.S. Federal Trade Commission (FTC) will fine cryptoinfluencers for gaining subscribers and fake likes. It will also ban the use of AI-based tools for social media promotion. 🇮🇷 An abnormal heat wave has been recorded in Iran, which has created an additional load on power grids. In this regard, the authorities have decided to pay $20 to each citizen who will report illegal mining. 🍏 Apple plans to add contactless payments in USDC stablecoin to the iPhone. Starting with the iOS 18.1 update, third-party developers will be able to create apps to make crypto payments.

📉 Kamala Harris is to blame for bitcoin's fall Bernstein analysts attribute the recent drop in bitcoin to Kamala Harris' growing chances of winning the upcoming U.S. presidential election. Bitcoin briefly topped $62,000 on 9 August, but quickly pulled back to $59,000. Bernstein believes that Trump's victory is a positive for the crypto market, while Harris' possible victory carries risks due to her unclear stance on the industry. 📣 Experts warn that a Harris presidency could lead to serious regulatory difficulties.

✅ MetaMask launches cryptocurrency card in EU MetaMask is launching a Mastercard crypto debit card in the EU and UK in partnership with Baanx The product will only be available to a few thousand users at first, with a full launch in December. The card will allow cryptocurrency to be spent directly from a wallet using USDC, USDT and wETH on the Linea network.

💥 The Iranian government will pay $24 each to citizens who provide information about illegal miners.

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