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Bitget announces further $100M fund for ecosystem development

The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia.

Crypto companies form Texas blockchain group to advocate for clear regulations

a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations.

How Web3 improves data storage: GhostDrive joins Cointelegraph Accelerator

FileCoin-based data storage app GhostDrive focuses on user experience and encryption features.

Aave v3 fork debuts noncustodial liquidity markets on Base

Seamless Protocol, a fork of Aave v3 deployed on Base, enables smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain.

6 Questions for Kei Oda: From Goldman Sachs to cryptocurrency

Kei Oda spent 16 years trading bonds for Goldman Sachs — a life that eventually bored him. That was when he turned to cryptocurrency.

Sam Bankman-Fried's lawyers request pre-trial release citing poor internet connection

Former FTX CEO Sam Bankman-Fried's bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility.

Solana falls 6% amid fears of FTX dump — but there's a catch

The price of Solana has plunged as the market fears a large FTX sell-off, however, it seems unlikely that the now-defunct exchange will dump all of its holdings at once.

Avalanche's HyperSDK blockchain upgrade hits 143K TPS on testnet

Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines.

Is 2023 the year genuine cross-chain interoperability takes off?

Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives.

AI token trading volume stagnant despite Worldcoin buzz – Kaiko data

The examination revealed a moderate increase in the trading volume of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July.

Terra Luna Classic contemplates deposit hike to curb spam proposals

This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community.

Binance’s exec exodus, Nasdaq to trade AI orders and SBF loses bail appeal: Hodler’s Digest, Sept. 3-9

Binance executives depart, Nasdaq will trade AI-based orders and a bail appeal is denied for Sam Bankman-Fried.

G20 moves forward with international crypto framework

The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis.

Ripple's CLO calls SEC's latest filing "Hypocritical Pivot"

He pointed out that Gensler had requested an urgent appeal while simultaneously asserting that crypto regulations and rules were clear and must be adhered to by the industry.

Congressman Tom Emmer seeks amendment to limit SEC's crypto oversight

Emmer intends to introduce an appropriations amendment that will limit the SEC's utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place.

BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical.

Ripple acquires Fortress Trust, expands license portfolio in the US

Fortress holds a Nevada Trust license for asset custody. Ripple holds more than 30 licenses across the United States.

Big Questions: What’s with all the crypto deaths? 

Stuffed down toilets, dismembered in suitcases — crypto has been the common denominator for several gruesome murders and mysterious deaths this year.

Saudi Arabia looks to blockchain gaming and Web3 to diversify economy

The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3.

Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report

The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023.

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