⚡️ Ethena bought out locked seed investor tokens and agreed to eliminate future VC monthly unlock overhang, while proposing a fee switch that would direct 95% of net protocol revenue to ENA buybacks. 👀
DeFi Development Corp resumed its Solana buys, acquiring roughly 19,000 SOL at an average $98.14 to bring its treasury to about 2.33M SOL and SOL equivalents. 👀
Bill Gates: AI is moving faster than society is ready for 👀
Gates warns that millions of jobs could disappear, while AI could dramatically increase cyber, biological and even loss-of-control risks. At the same time, he believes AI could transform medicine, education and science if governments prepare early
AI could be humanity’s greatest equalizer - or its biggest disruption 🚬
First Quantum-Safe Bitcoin Transaction on Mainnet.
StarkWare researcher Avihu Levy has completed the first confirmed quantum-safe Bitcoin transaction on mainnet, without requiring a soft fork or changes to Bitcoin’s consensus rules.
THORChain launched version 3.20, adding native swaps between Monero and Zcash and assets like Bitcoin, Ethereum and stablecoins without wrapped tokens or custodial exchanges. 🔥
Bilal Bin Saqib Chairman of the Pakistan Virtual Assets Regulatory Authority 👀
• Live licensing regime • 8-year banking restriction addressed • Regulations shaped with stakeholders representing $1T+ in market cap • RWA Tokenisation Sandbox launched • <8% of our ~PKR 800M allocation utilised, with the balance returned to government
Many jurisdictions take years to move from legislation to implementation. Pakistan did it in under six months post-Virtual Assets Act.
Pakistan is showing that emerging markets do not have to spend years catching up with frontier technology.
⚡ South Korea's POSCO International completed a pilot tokenizing trade receivables on an Avalanche-based network, its second onchain trade finance test in a month after an earlier pilot on Injective. 👀
THORChain launched version 3.20, adding native swaps between Monero and Zcash and assets like Bitcoin, Ethereum and stablecoins without wrapped tokens or custodial exchanges. 🔥
Michael Saylor’s Strategy now has around $4B in unrealized profit on its Bitcoin holdings, with the figure rising by $13.6B over the past week. Meanwhile, Tom Lee’s BitMine is still nearly $5B underwater on its ETH portfolio.
🇵🇰 Pakistan's Virtual Assets Regulatory Authority has opened its crypto licensing portal, giving existing VASPs until Sept. 5 to apply for a no-objection certificate or cease operations.