Coinbase’s Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day
However, nearly $166 million had already flowed to the blockchain ahead of the official launch.Source
After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey Is Bullish on Smart Tokens
The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.Source
ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki
IQ GPT will help fight misinformation in the crypto space and onboard new users.Source
SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says
The U.S. Securities and Exchange Commission (SEC) said it would file an “interlocutory appeal” of a judge’s ruling on Ripple’s programmatic sales of XRP, the regulator said in a court filing Wednesday.Source
Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry
Riot reported its second-quarter earnings after the close on Wednesday.Source
Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets
It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” if left unfixed.Source
Early Base Whales Have an Affinity for Meme Tokens, Nansen Says
The top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token.Source
Animated Series Futurama Takes Characters to ‘Doge City,’ Mocks Crypto Miners
Popular animated science fiction show Futurama gave a glimpse into what it thinks the future of crypto could look like in its latest episode called “How the West Was 101001” by mocking crypto miners.Source
Bank of England Wants Digital Pound Advisers as It Moves to CBDC Design Phase
The Bank of England has also started recruiting for its central bank digital currency engagement forum.Source
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.Source