In July, the market cap of decentralised stablecoins rose 0.43% to $7.52bn. This small rise is the first increase in the end-of-month market cap since February — link
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Solana-based NFT marketplace Exchange.art to expand into Ethereum — link
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Delabs Games raises $4.7 million to build on Polygon — link
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Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses — link
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🔫 Hello Kitty Gets Its Own Metaverse Experience
The launch is being celebrated with an in-person event featuring Hello Kitty-themed AR experiences. This week it was revealed that Japanese icon Hello Kitty is receiving her own virtual destination inside MetaGaia, a decentralized metaverse platform featuring artificial intelligence (AI) powered companions, augmented reality (AR) games, and digital asset purchasing. fans of the fictional pop icon can immerse themselves in a variety of activities and browse Hello Kitty-themed digital items. Hello Kitty-themed digital items. Visitors can also unlock access to exclusive areas and daily login bonuses by purchasing a “Wonder Pass” for one of the Houses of Wonder. Those who mint a set of four Wonder Passes earn the title of “Wonderlord” and the ability to build their own custom space within the world. The celebrate the launch, a live pop-up event is being hosted at Citygate Outlets in Hong Kong, China. Here fans can interact with Hello Kitty-themed AR experiences powered by MetaGaia, browse Hello Kitty merchandise, and participate in various mini-games. The event runs now until August 31st. Hello Kitty Seven Wonders is open now to the public via MetaGaia.
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Sam Altman’s Worldcoin launches token with more than two million sign-ups — link
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💰 Polygon Celebrates 2.0 Launch With Open Edition NFTs
The crypto space is abuzz with news of the Polygon and Suku partnership for the introduction of an exclusive Open Edition NFT in celebration of the highly anticipated Polygon 2.0 upgrade. The news has captured the attention of many users and over 20,000 Twitter users have already minted their Polygon NFT, igniting a digital frenzy. The collaboration between Polygon and Suku promises to redefine the NFT landscape, offering enthusiasts an unparalleled opportunity to become a part of this revolutionary movement. The tweet encourages followers to mint their very own Polygon Open Edition NFT with Suku. Polygon 2.0 is touted as the epitome of unlimited scalability and unified liquidity, setting the stage for a new era of digital asset ownership. For those eager to participate, the Suku Wallet serves as the gateway to minting their coveted Polygon 2.0 Open Edition NFT. The Polygon 2.0 Open Edition NFT drop holds immense significance as it is minted exclusively within Twitter. This move not only showcases the platform’s power but also serves as a heartfelt tribute to the unwavering support of the Polygon community. The market is experiencing renewed craze with the introduction of these dynamic NFTs.
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DeFi project Parrot puts fate of over $70M treasury, PRT token, to vote — link
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While Blur still commands a higher trading volume in US dollar terms than OpenSea Pro, OpenSea Pro has consistently exceeded Blur in terms of the number of transactions on the platform. Additionally, there are also a greater number of active wallets on OpenSea Pro — link
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Side Protocol raises $1.5 million in pre-seed funding to grow cross-blockchain liquidity network — link
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In Q2, Venus experienced its fourth consecutive quarter of interest revenue growth, generating $2.3 million for the DAO and $9.2 million for depositors — link
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‘Smart wallet’ provider Argent launches NFT marketplace Unframed on Starknet — link
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Wormhole launches new bridge connecting to any Cosmos appchain — link
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Since the “Shapella” upgrade in April 2023, which allowed staked ETH to be withdrawn, the amount of ETH staked has increased by 26.37% and the number of validators has increased by 26.63% — link
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Era Lend, zkSync's largest lender struck by $3.4M exploit — link
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Floor App Reveals Ethereum NFT Art Drops Exclusively on iOS and Android
Floor, which lets users track their NFT holdings, is about to try something pretty novel: sell exclusive NFT artwork solely through its iOS and Android apps. On Wednesday, July 26, Floor will debut the first of 10 planned NFT drops in Icons: Series One with a new work by Vinnie Hager, an artist known for his doodle-centric art style showcased in Letters, a 2021 NFT project that has generated $10 million worth of trading to date.
Hager’s new Icons piece, titled “Ground Level Garden” will sell for $29.99 via the app using typical mobile payment methods, and it will be an open edition drop—so there’s no limit on how many can be minted during the set timeframe. After purchase, the Ethereum NFT will be airdropped to the user’s specified wallet, so buyers won’t need to pay for network gas fees.
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In Q2’23, Ethereum and Tron dominated featured L1s revenue, accounting for 93%. Ethereum's revenue surged 85% QoQ, fueled by meme coin trading. TRON's revenue increased steadily without significant spikes — link
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Arkham Intel Exchange goes after Do Kwon crypto wallets with first bounty — link
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OpenAI, the creators of ChatGPT, announced on Thursday a significant enhancement to its ChatGPT platform.
Users will soon be able to tailor the responses of the AI chatbot to better align with their preferences without having to repeat those needs each time.
This new feature, termed “custom instructions,” encourages users to more clearly define the parameters for ChatGPT’s replies.
The introduction of custom instructions is a stride towards a more individualized AI experience, but it does come at a cost — users will need to choose between convenience and maintaining their privacy.
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🖼 Melania Trump's Apollo 11 NFT Defies NASA Rules
It would appear that a Trump has run afoul of the federal government this week—but perhaps not the family member you’d expect. Former First Lady Melania Trump has potentially sparked conflict with NASA by apparently violating the federal agency’s policy on image usage in her latest NFT drop. The collectible, titled "Man on the Moon"—which released on Wednesday—prominently features the iconic 1969 photo of astronaut Buzz Aldrin partaking in the NASA-orchestrated Apollo 11 lunar landing. Per agency policy, however, usage of NASA images in connection with an NFT project. “NASA does not wish for its images to be used in connection with NFTs,” the organization’s Regulations on Merchandising Requests and Media Usage Guidelines explicitly read, further noting that the agency is "not approving any merchandising applications" tied to NFTs. Companies or individuals wishing to use NASA imagery, emblems, or identifiers on merchandise must have that usage approved by the agency; NASA states that “strict laws and regulations” govern this approval process. In this case, Trump and the USA Memorabilia NFT platform she used may not have filed a request with NASA, or may have had a request rejected, as NASA strictly prohibits NFT-related uses of its intellectual property.
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Melania Trump's Apollo 11 NFTs have violated NASA's guidelines. The space agency has made it clear – they do NOT condone the use of its imagery for NFT purposes.
The former first lady released the Apollo 11 NFT collection on Wednesday, just one day before the 54th anniversary of the Apollo 11 mission.
NASA’s images are usually not copyrighted and are publicly available for educational purposes. However, the line is drawn when it comes to NFTs.
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🖼 AI opens doors for NFT artist Ellie Pritts at Bitforms gallery in NYC
Artificial intelligence and analog technology collaborate across the imaginative animations of noted Los Angeles-based NFT artist Ellie Pritts. This month, Los Angeles-based nonfungible token (NFT) artist Ellie Pritts is celebrating “In the Screen I am Everything,” her first solo show in New York City — and her first time taking over pioneering net art gallery Bitforms. Eight animations from the technicolor exhibition are available to mint as NFTs on Ethereum, displayed on screens alongside a few physical prints. Pritts broke onto the NFT scene in 2021 when she tried minting a few existing video artworks — and watched them take off. Her video practice had been mostly therapeutic, but suddenly the blockchain boom made her work valuable enough to fund the acquisition of new tools, which Pritts used to make more sophisticated video artwork. She’d shot concert photography before the COVID-19 pandemic and performed as a professional cellist — until 2021 also forced her to confront medical issues she’d been avoiding, like her newfound inability to hold her bow. Pritts made a New Year’s resolution to begin painting portraits in early 2021 but couldn’t use a pencil to draw preliminary sketches.
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Liquidity network Paradigm incubates new appchain 'Paradex' on Starknet — link
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Optimism moves forward with two proposals to add zk-proofs — link
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Conic Finance drained of $3.2 million in security attack — link
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xAI Launches Revolutionary AI Solution for NFT Digital Asset Creation
xAI, a company leveraging artificial intelligence to generate unique NFT digital assets, announced today the launch of its new AI solution for creating NFTs. The company's proprietary technology uses machine learning algorithms to produce one-of-a-kind digital artworks that can be minted and sold as NFTs on the blockchain. NFTs have exploded in popularity over the past couple of years. However, the process of manually creating unique digital artworks can be arduous and time-consuming.
The tech allows collectors to customize their purchases around specific themes, aesthetics, and preferences.The launch of xAI's NFT solution is part of the company's broader vision to make AI more accessible. xAI offers a range of tools and features for users to easily integrate AI into their businesses and workflows.
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Uniswap founder Hayden Adams suffers Twitter breach — link
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