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DePIN project set to power a nation’s digital infrastructure

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DePIN
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BTC price in 'crisis mode' at $123K: 5 things to know in Bitcoin this week

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Tornado Cash’s Roman Storm makes urgent plea for $500K as trial looms

Roman Storm, the co-founder of the crypto mixing service Tornado Cash, has asked for help to raise an immediate $500,000 ahead of his trial on Monday on charges of money laundering and sanctions violations.
Storm posted on X on Saturday that he faces a “critical shortfall” and needs to raise $500,0
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Jack Dorsey’s new app tracks how much grass you’re touching

Block CEO and Twitter co-founder Jack Dorsey has launched a new app that gives users a rough idea of how much exposure they’ve had to the sun
Dorsey shared the “Sun Day” app to his followers on X on Sunday, which, according to its white paper on GitHub, “calculates vitamin D synthesis from UV expo
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Controversial Bitcoin upgrade BIP-119 may be decided by end of year

Backed by prominent Bitcoin developers and firms, the long-dormant Bitcoin Improvement Proposal OP\_CHECKTEMPLATEVERIFY, known as CTV or BIP-119, is now gathering steam
If finally approved, it could boost Bitcoin’s scalability, security and usability — particularly through the introduction of
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NFT lawsuit against Dolce & Gabbana in doubt as US arm cleared

The US arm of Dolce & Gabbana has escaped a proposed class-action lawsuit over its parent company’s alleged abandonment of a non-fungible token (NFT) project.
In an order on Friday, New York federal court judge Naomi Reice Buchwald sided with Dolce & Gabbana USA Inc., dismissing the lawsuit
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xAI blames code for Grok’s anti-Semitic Hitler posts

Elon Musk’s artificial intelligence firm xAI has blamed a code update for the Grok chatbot’s “horrific behaviour” last week when it started churning out anti-Semitic responses.
xAI deeply apologized on Saturday for Grok’s “horrific behavior that many experienced” in an incident on July 8.
The firm
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Bank of England governor warns against private stablecoin issuance

Bank of England (BOE) governor Andrew Bailey recently warned against banks issuing stablecoins, saying that the Bank of England should focus on tokenizing deposits instead.
Stablecoins introduce systemic risks to banking institutions that could destabilize the entire financial system, causing
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Real-world asset tokens are the new ETFs — CoinFund president

Real-world asset (RWA) tokens can democratize access to investments previously inaccessible to retail traders, similar to how exchange-traded funds (ETFs) expanded retail access to financial instruments when they debuted in 1993, according to Christopher Perkins, president and managing partner of in
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RWAs build mirrors where they need building blocks

Opinion by: Jakob Kronbichler, co-founder and CEO of Clearpool and Ozean
Real-world assets (RWAs) onchain aren’t just a concept anymore — they’re gaining real traction
Stablecoins are proof of that. They’ve become a dominant source of onchain volume, with annual transfers surpassing Visa and
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Collapsed crypto firm Ziglu faces $2.7M deficit amid special administration

Thousands of savers face the grim prospect of losing their investments after administrators uncovered a 2 million pounds ($2.7 million) shortfall at Ziglu, a British cryptocurrency fintech that collapsed earlier this year.
The company, which suspended withdrawals in May, was placed into special adm
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Itheum’s role in addressing the data needs of the AI era

Artificial intelligence is developing at an unprecedented pace, with the global AI market projected to surpass $1.8 trillion by 2030. Advancements in machine learning, natural language processing and other AI technologies are projected to result in a compound annual growth rate of 19.1% for the
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