The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region. Source link
China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’
Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019. Source link
EigenLayer’s EigenDA touts 10x cut in data prices
The data availability protocol is also introducing a “free tier.” Source link
No mention of crypto in US Democratic Party’s 2024 platform
The 91-page party platform is expected to be passed on Aug. 19 in a vote from the Democratic National Convention. Source link
Decentralized Web3 AI firm Theoriq joins Google startup accelerator
The partnership looks to scale Theoriq’s platform for artificial intelligence agents. Source link
Hash Ribbons signal end of miner capitulation: CryptoQuant
On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing. Source link
Cryptography startup Fabric raises $33M for new data privacy chip
Blockchain Capital and 1kx co-led the Series A round that will back the development of a new computing chip focused on data privacy. Source link
Bitcoin fund inflows offset largest SOL outflows on record: CoinShares
According to CoinShares’ weekly report, year-to-date flows for all digital asset investment vehicles topped $22 billion in August. Source link
Dubai court recognizes crypto as valid salary payment: Law Decoded
Dubai’s latest ruling marks a significant shift in the legal acceptance of cryptocurrencies, aligning the UAE with global trends in digital finance. Source link
No mention of crypto in the Democratic Party’s 2024 platform
The 91-page party platform is expected to be passed on Aug. 19 in a vote from the Democratic National Convention (DNC). Source link