Shibarium, a layer-2 blockchain for Shiba Inu, has exceeded 100,000 wallets on its platform, with 35,000 added within 24 hours of its relaunch on August 28th. The lead developer and co-founder of Shiba Inu, Shytoshi Kusama, confirmed the relaunch and noted that Shibarium had 65,000 wallets across 350,000 transactions.

Former Goldman Sachs executive and current CEO of Real Vision, Raoul Pal, explains his bullish stance on cryptocurrency assets.In an AMA conference on YouTube, the macro expert stated that blockchain allows users and investors the opportunity to directly own and operate a part of the network, rather than only obtaining a share of the network through purchasing stocks of related companies like other systems.

YugaLabs has caused a stir in the NFT and blockchain communities with their recent talent acquisition. Michael Ghory, the new Vice President, has an impressive resume with previous roles at Nike, Adidas, and Coach. He is a skilled brand developer with over a decade of experience in the retail industry. With his broad expertise and multifaceted knowledge, Michael's appointment as Vice President of Apparel and Lifestyle at YugaLabs promises to bring innovative merchandise, unique partnerships, and a refreshed direction for BoredApeYC.

On August 25th, Fred Thiel, CEO of Bitcoin mining company Marathon Digital, stated in an interview with Decrypt that there will be a very close integration between blockchain technology and artificial intelligence (AI). Thiel emphasized the importance of using technologies like the Bitcoin blockchain to verify the authenticity of data, as it is completely decentralized and cannot be controlled or manipulated by central authorities or governments. He further pointed out that as AI tools become increasingly capable of driving company operations, such as supply chains, production lines, manufacturing, and process control systems, it is necessary to ensure that transactions carried out by the system are properly recorded and verified.

Xiong'an New Area is piloting the use of blockchain to pay social security fees. The data generated by online payment processing by payers can be transmitted in real time between tax and medical insurance departments. After completing the payment on the tax side, the payer can immediately "apply for early access to benefits".

According to blockchain tracker Lookonchain, a trader on the decentralized exchange GMX earned over $1 million by correctly predicting Ethereum's price movements over the past few weeks. The trader shorted ETH on July 14th when it was trading near $2,000 and closed the position after the market crash last Thursday.

Aptos announced the launch of a new Aptos Digital Asset (DA) standard to address the limitations of ERC-721, SPL, TokenV1 and other standards. Aptos stated that DA focuses specifically on NFTs in the Aptos blockchain, providing flexibility and programmability using the Move object model. DA introduces enhanced features to enable seamless airdrops, token soul binding, enhanced performance, and more efficient on-chain data management.

Shytoshi Kusama, the lead developer of Shiba Inu, has announced that Shibarium is almost ready to reopen to the public after going into fail-safe mode for testing and tweaking parameters due to massive traffic on the blockchain. The Shibarium team is scaling the chain by 1500% to prevent any block production or other issues.

Blockchain game publisher Xterio announced that it will launch an NFT marketplace in the coming weeks and provide innovative coin casting, holding, and trading rewards. Earlier news stated that Binance Labs promised to invest $15 million in Xterio to develop its game development capabilities in AI and Web3.

Web3.0 industry professionals who had previously relocated to Singapore and Dubai are returning to Hong Kong. The Hong Kong government has shown support for the development of Hong Kong as a global hub for virtual assets, helping the industry to solve problems. While the Web3.0 ecosystem in Hong Kong continues to grow, the government also supports the increase in demand for blockchain-related transactions, which even drives up hotel prices.