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1. Ethereum Foundation Announces Q2 2024 Grant Recipients link The Ethereum Foundation announced that it allocated over $8.47 million in grants during the second quarter of 2024 to support global conferences, hackathons, cryptography research, developer tool development, and other projects. The grants include support for conferences like ETH Beijing, ETH Tokyo, and ETHWarsaw, as well as research initiatives such as the Anon Aadhaar protocol. Additionally, the funding was directed towards tools like the Circom Language Server and MEDGA Solidity Debugger, and protocols including the Account Abstraction Core Team and the Ethereum Protocol Fellowship. 2. Sony Unveils Soneium Blockchain Public Testnet link Sony’s blockchain division, Sony Block Solutions Labs, announced the launch of the public testnet Minato for its Soneium blockchain, which is built on the Optimism technology stack. The company also initiated a developer incubation program. Early experimenters on this network include Circ...

MacLane Wilkison has submitted a proposal to the Threshold Network, which issues tBTC, to merge with WBTC, the ‘Wrapped Bitcoin’ product, which has attracted attention thanks to its recent partnership with BiT Global and Justin Sun.  This proposal would involve Threshold Network minting a significant new amount of its token, an amount apparently worth over $36 million (though that would be before the dilution of these new tokens).  Practically, the proposal details how Threshold would become the sole ‘merchant’ on the WBTC network, and the functions of the under-used WBTC DAO would be transferred to the Threshold Network. The management of the bitcoins that back WBTC would then be transferred to tBTC. How involved is Justin Sun with WBTC’s new custodian BiT Global? Read more: MakerDAO disables WBTC borrows after Justin Sun involvement revealed A user with the username ‘student’ highlighted that this proposal would end up transferring more...

The Shiba Inu (SHIB) market saw a slight surge of 2% over the past 24 hours. At press time, the second-largest meme coin was trading at $0.00001433. Since its August 5 low of $0.00001078, SHIB has surged by 30.54%. This way, it has recovered losses from the early August crypto crash. Also Read: AI Sets Shiba Inu (SHIB) Weekend Price (August 31st-September 1st) Shiba Inu’s Potential for Millionaire-Making Returns Source The meme coin is 83% below its all-time high of $0.00008845. SHIB reached this level back in October 2021, around three years ago. Even though its current price levels and disparity with its peak, Shiba Inu still possesses the ability to create millionaires. Also Read: Gold Prices Trade Safe Above $2,500 as US Dollar Risk Looms When Can an Investor Expect Returns on $1000 Invest in Shiba Inu? Source The Shiba Inu market has heard several stories of the average Joe turning into a millionaire or even a billionaire. The meme coin has had more downs than ups in recent years,...

Crypto.com, a leading cryptocurrency platform with a user base exceeding 100 million, has announced a new partnership with PayPal.  Thanks to the partnership, US-based users can now link their PayPal accounts to their Crypto.com wallets, making it easier to purchase cryptocurrencies directly through the platform.  US Customers: You can now use @PayPal to fund purchases of crypto in the https://t.co/vCNztATSCO App, taking us one step closer to our vision of cryptocurrency in every wallet! Supports 350+ tokens Direct and instant processing Coming soon to other regions! Simply add… pic.twitter.com/ExkWxnlERg — Crypto.com (@cryptocom) August 29, 2024 Transferring funds from PayPal to Crypto.com The integration allows fund transfers from PayPal to Crypto.com, allowing users to buy a wide range of digital assets available in the US market, with other regions set to be covered soon. ...

Japan –  [28, August] GGI (Galaxy Girl Interactive) is a group that accelerates Web3 gaming by empowering builders and delivering the best gaming content to mass users. They offer cutting-edge infrastructure/platform, top-tier investment, incubation, and publishing services powered by Yeeha! Games and MixMarvel. The team has made significant strides in expanding its brand influence across Asia by unveiling its latest gaming portfolio at WebX 2024. Overcoming Industry Challenges and Pioneering Web3 Gaming  GGI actively participated in some pivotal events, cooperating with industrial benchmark brands such as 0x Consulting Group, OKCoin, ACG World, and Gate Venture.  Web3 aims to enhance and advance Web2, not disrupt it As the representative of GGI, Yeeha! Games delivered compelling speeches at the events while sharing a brand new ecosystem and vision for themselves as well as GGI.  Sharing their vision for the future of gaming with excitement, GGI b...

XRP has been a hot topic lately in the crypto world. It currently trades at around $0.60. However, some enthusiasts believe it could reach $10,000 per token in the future. ‘How informed are they’, you ask? Let’s find out what this price prediction is all about. Also Read: Bitcoin to $100,000? Analysts Predict Bullish September Unlocking XRP’s Potential: Ripple, Price Predictions, and Portfolio Insights Source: Twitter Ripple’s Coin Current Standing As of August 2024, XRP trades at about $0.5966. This is well below its peak of $3.31 from January 2018. Despite this, many in the crypto community remain hopeful about the coin’s future. What XRP Holdings Could Be Worth at $10,000 If XRP hit the $10,000 mark, here’s how investments could grow: $10,000 invested now (about 16,750 XRP) could become $167.5 million $50,000 invested now (about 83,750 XRP) could turn into $837.5 million $100,000 invested now (about 167,500 XRP) could reach $1.675 billion The...

The Ripple (XRP) market has endured quite a struggle over the years following its legal battle with the Securities and Exchange Commission (SEC). The altcoin hit an all-time high of $3.84 about seven years ago 2018. Most assets have attained new highs over the past few years. Throughout the past year, XRP surged to a high of just $0.71, which is much lower than its peak. Current Market Price Also Read: Bitcoin (BTC) & Ethereum (ETH) Price Prediction For September 2024 XRP is trading at $0.5894, with a nearly 1% drop over the past 24 hours. Furthermore, according to data from Coinglass, XRP has a long-to-short ratio of 52.44%. With a higher percentage of shorts than longs, this ratio indicates a bearish outlook in the market. This means that more investors appear to anticipate a decrease in asset price. Source Also Read: Is Bitcoin Headed for a Drop? The Ripple Effect of Fed’s Moves Becoming a Millionaire with XRP How Much XRP Should You Buy to Become A Millionaire? Recent data from...

Bitcoin, the leading cryptocurrency, is growing faster than the internet. Many see it as a way to achieve financial freedom through Bitcoin investment. We all understand that the cryptocurrency world is tricky. It offers both opportunities and challenges to consider. Also Read: Toncoin: AI Sets TON Price for September 1, 2024 Unlock Financial Freedom: Master Bitcoin Investment Amid Market Volatility and Security Risks Bitcoin’s Bullish Price Trend and Adoption Bitcoin adoption is surpassing internet adoption rates. As of August 27, Bitcoin’s price hovers around $63,000, showing a bullish trend. The cryptocurrency market is being closely watched by traders and investors alike. This chart illustrates recent Bitcoin price movements. Traders are eyeing several key factors: Support is firmly established at $63,000, with resistance at $66,000 Buying dips is being considered a potentially profitable strategy A break above $66,000 could see BTC easily float to over $72,000 The Augus...

Bitcoin and Ethereum are the two leading crypto tokens, securing the hopes of millions of investors. Both BTC and ETH have documented unprecedented highs in the last bull run, which began in 2021. Since then, the token has mellowed down in terms of its price surge but has not stopped gradually climbing to new price highs. With Bitcoin hitting $65K, the cryptocurrency market eventually returns to its bullish path. Let’s see how September will fare for both tokens. Also Read: Shiba Inu: How High Can SHIB Surge in September 2024? Bitcoin and Ethereum Price Predictions Bitcoin Price Prediction for September Source: embca.com Bitcoin recently tumbled below $59K. The altcoin market sharply reacted to this change, resulting in significant outflows. Now, as the market redeems its lost valuation with Bitcoin slowly inching towards reclaiming $70K, investor sentiment is pivoting back to being bullish again. Image: CoinCodex According to CoinCodex, Bitcoin may surge to as high as $86K by Sep...

The Klaytn price has plunged 3% in the last 24 hours to trade at $0.1711 as of 6:30 a.m. EST on a 4% drop in trading volume to $18 million. Klaytn Price Faces Rejection On The Upper Trendline Of The Channel The KLAY/USD chart on the 4-hour time frame shows a generally bullish trend, with the current price at $0.1698. The price has been moving within a bullish channel, characterized by upward-sloping parallel lines, indicating a consistent pattern of higher highs and higher lows. KLAYUSD Analysis Source: Dextools.io The 50-period moving average at $0.1648 is currently providing support, with a significant moving average cross having occurred earlier, where the 50-period MA crossed above the 200-period MA, reinforcing the bullish outlook. However, if the price fails to maintain above this support, it could test the 200-period MA around $0.1407, a key level for potential reversal. The RSI is at 47.63, close to the neutral zone, implying that the market could move in either ...