DePIN: Reshaping the Internet and Empowering Users

Brian Trunzo, Global Head of Business Development at Polygon Labs, argues that DePINs represent an opportunity to build new useful services, while redistributing control and value to end-users.Source

Canada’s CBDC Departure Risks Web3’s Interoperable Future

A lack of interoperability poses an existential threat to central bank digital currencies, as it does to Web3 itself, says Temujin Louie, CEO of Wanchain.Source

Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs

Bitcoin is back to levels not seen in nearly two months as it pushed past the $65,000 mark during U.S. late morning hours on Thursday.Source

Inflation Should Moderate in August, Boosting the Crypto Outlook

PCE, an alternative measure of inflation, is starting to ease up, setting the stage for easier money policies from the Fed. If so, that’s good news for risk assets like bitcoin and ether, says Scott Garliss.Source

How a Harris ‘Opportunity Economy’ Will Benefit the Crypto Industry

G Clay Miller, one of the organizers of the Crypto4Harris group, outlines why he believes that a Harris Administration would be better for digital assets than a Trump presidency.Source

Crypto for Advisors: The Growth of Bitcoin as Collateral

As traditional investment products face declining yields, savvy asset managers must consider emerging opportunities within the cryptocurrency space to meet growing client demand.Source

CoinDesk 20 Performance Update: NEAR Leaps 6.3% as All Assets Rise

Uniswap joined NEAR Protocol as top performer, gaining 3.9%.Source

Avalanche Unveils $40M Grant Program Ahead of ‘Avalanche9000’ Upgrade

The program, called Retro9000, is supposed to encourage developers to build on Avalanche ahead of a much-anticipated upgrade known as Avalanche9000.Source

Crypto Hackers Nabbed $409M in Q3: Immunefi

Hackers stole $409 million worth of cryptocurrency in the third quarter, with an additional $3 million lost to fraud, according to a report by ImmuneFi.Source

Bitcoin Jumps Over $64K on China Stimulus; IBIT Options Could Provide Longer-Term Boost

Powell is expected to speak at 13:30 UTC at the US Treasury Market Conference amid mounting expectations for another U.S. interest rate cut this year.Source