Author: Cointelegraph by Ezra Reguerra
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Indian crypto users may ‘force’ policy shift amid mounting demand
Indian crypto leader Sujal Jethwani predicts government policy shifts due to rising crypto demand, despite current high taxes and restrictive regulations, as traders increasingly adopt digital assets.
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Memecoin $79B rally means capital has nowhere better to go: Exec
The memecoin market surged to $79B, sparking debate among crypto leaders. Some view it as harmful to crypto’s reputation, while others see it as a mature, attractive sector driving market positivity.
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Bhutan should embrace decentralized identity systems
Bhutan’s unique naming culture and crypto initiatives position it to benefit from blockchain-based digital identity systems, modernizing its infrastructure while preserving cultural values.
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RGB Protocol to bring tokenized assets, USDT to Bitcoin
RGB Protocol launches on Bitcoin mainnet, enabling tokenized assets like USDT and NFTs while preserving decentralization and privacy. USDT will be its first use case, offering fast, cheap transfers via Lightning Network.
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60% of PUMP presale participants sold or transferred to CEXs
60% of PUMP presale participants sold or transferred tokens to CEXs, with 37% holding and 3% increasing holdings. PUMP’s price dropped 20% from its peak but defied expectations with a strong debut.
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Memecoin market cap grows 29% in July
Memecoin market cap surged 29% in July, adding $17 billion to reach $72 billion. Top performers included FLOKI, PENGU, and BONK, with Bonk’s growth driven by LetsBonk launchpad surpassing Pump.fun in revenue.
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BNB Chain targets 5,000 DEX swaps per second in 2025
BNB Chain plans a 2025 upgrade to handle 5,000 DEX swaps per second, increasing block gas limits and introducing Rust-based clients for better performance and scalability.
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Vitalik Buterin proposes minimalism as key to layer-2 blockchain success
Vitalik Buterin advocates for minimalism in layer-2 blockchain development, emphasizing reliance on Ethereum’s strengths like security and data availability to streamline efficiency and trust.
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OpenSea CTO outlines token trading vision for moving beyond NFTs
OpenSea is expanding beyond NFTs by acquiring Rally to enhance token trading and mobile capabilities, aiming to create an all-in-one crypto app with NFTs, DeFi, and AI integrations.
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South Korean court clears Wemade ex-CEO in Wemix manipulation case
South Korean court acquits ex-Wemade CEO Jang Hyun-guk of WEMIX token manipulation charges, citing lack of intent to deceive. WEMIX token value has dropped 97% since its peak amid ongoing controversies.
