Lava Network: Beware of fake Vesuvius airdrop claim links, please refer to the official airdrop page
Modular blockchain infrastructure developer Lava Network stated in a post on X that the team has noticed several fake Vesuvius airdrop claim pages circulating. Please make sure to verify the official and only airdrop page claims.lavanet.xyz (verified on Discord). Airdrop claims will end with the launch of the public mainnet, so be wary of suspicious links and impersonators.
Jordan launches national blockchain technology network Modee Dlt to enhance transparency of government services
On July 20th, the Jordanian Ministry of Digital Economy and Entrepreneurship announced a partnership with local blockchain company Blockexe to launch a national blockchain technology network called Modee Dlt, aimed at enhancing trust and transparency in government services.
MarbleX and Netmarble Launch $20 Million Ecosystem Promotion Plan
Ethereum game platform Immutable has announced a partnership with the blockchain game division Marblex of South Korean gaming giant Netmarble. The collaboration will migrate Marblex's ecosystem and its multiple games from the Klaytn blockchain to the Ethereum Layer 2 network Immutable zkEVM. The games include "Ni no Kuni: Cross Worlds", "A3: Still Alive" and "Meta World: My City", and the two parties will also launch an "ecosystem promotion plan" to provide up to $20 million in support to developers to attract new games to join Marblex and Immutable. It is currently unclear whether the Immutable migration will affect Saga's plans, and the project representatives have not commented on the issue.
Pirate Nation: Season 2 BOOTY Points Now Available
On June 29th, Pirate Nation, a blockchain game, announced that Season 2 BOOTY points have been launched. The team has updated the Season 2 dashboard, including the total number of BOOTY points and some new tasks, with more tasks to be released soon.
Blockchain Association Opposes IRS Broker Rule
The Blockchain Association, a blockchain advocacy group, opposes the broker rules proposed by the US Internal Revenue Service (IRS), stating that these regulations will impose an excessive burden on investors, cryptocurrency companies, and the IRS itself. The association cited the Paperwork Reduction Act, which states that government regulatory agencies should not impose unnecessary paperwork requirements on individuals and entities in the financial system. The letter stated that if these rules are passed, it will increase 8 billion tax forms, waste 4 billion hours of processing time, and result in an annual compliance cost of 254 billion US dollars. In contrast, the IRS earlier estimated a total compliance cost of 136 million US dollars for the new regulations. In addition, the association believes that an annual compliance cost of 245 billion US dollars is unreasonable for a market that generates a maximum tax revenue shortfall of 10 billion US dollars. In 2023, the association submitted a 39-page letter detailing its comprehensive opposition to these regulations, believing that these rules are extremely difficult to comply with for decentralized financial protocols and reflect the government's misunderstanding of blockchain and cryptocurrency.
Shanghai launches the first batch of innovative blockchain application scenarios for state-owned enterprises
With data as the core element, Shanghai is accelerating the deep digital transformation of state-owned enterprises. Recently, the Shanghai State-owned Assets Supervision and Administration Commission, in conjunction with the Shanghai Municipal Bureau of Data, held a work meeting on the digital transformation of state-owned enterprises in the Shanghai State-owned Assets Supervision and Administration Commission system for 2024. At the meeting, Shanghai Data Group, in collaboration with Shanghai Stock Exchange Group, China Taiping, Shanghai Pudong Development Bank, Guotai Junan, Shanghai Construction Group, Bright Food Group, and Tunnel Group, officially launched the first batch of blockchain innovation application scenarios. (Xinhua News Agency)
Blockchain Asset Management announces launch of a dedicated blockchain fund for accredited investors
Blockchain Asset Management, a cryptocurrency fund with a scale of $100 million, announced the launch of an exclusive blockchain fund for qualified investors. The specific amount of funds raised by the fund has not been disclosed yet, but it is said to have reached "eight figures", which means it is in the tens of millions of dollars. In addition, the investment threshold for the new fund is $100,000, and all investors are required to meet the approved standards (annual income exceeding $200,000, net assets exceeding $1 million).
Shanghai Digital Exchange and CCB Shanghai Branch realize "blockchain + digital RMB" loan issuance
Shanghai Data Exchange announced an upgraded partnership with the Shanghai branch of Construction Bank to launch the "Digital Easy Loan" product, achieving the first loan issuance based on blockchain technology and digital RMB. This innovative initiative ensures the security of data transmission, querying, and control through blockchain, and successfully connects the data systems of both parties to jointly build a data ecosystem on the chain.
Gridless gets backing from Jack Dorsey's Blockchain to operate Bitcoin mines in Kenya, Malawi and Zambia
Gridless has received support from Jack Dorsey's Block to operate bitcoin mines in Kenya, Malawi, and Zambia. It is reported that the company already owns six mines, which are powered by renewable energy investment and are committed to achieving a wider mission of protecting and decentralizing the bitcoin network. Bitcoin miners are making renewable energy economically viable in Africa, benefiting power suppliers from selling previously discarded energy and sometimes reducing costs for customers.
Tyson has become the ambassador of Ready to Fight
Boxing legend Mike Tyson has become the brand ambassador for Ready to Fight, a blockchain-based social networking application. Tyson has described Ready to Fight as a boxing-centered social network that helps boxers and the boxing community meet their business needs.
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