#31/32: July 30-August 12

• PayPal announces its own dollar-pegged stablecoin, PYUSD, which is issued by Paxos and backed by dollars and other liquid cash equivalents.

• Maxine Waters is worried about PayPal’s stablecoin.

• Huobi will list PYUSD soon.

• Google Cloud is now running a Celo (CELO) validator.

• Aragon (ANT) launches its DAO-making tools on Coinbase’s Ethereum L2, Base.

• Trader Joe (JOE) goes live on Ethereum (ETH).

• Quant (QNT) is granted a block ordering patent.

• Stacks (STX)/Bitcoin (BTC) wallet Xverse now supports BRC-20 tokens and Ordinals stored with Ledger hardware wallets.

• Xverse secures $5 million in a funding round led by Jump Crypto.

• GameStop is ending support for its Loopring-based (LRC) crypto wallet.

• Worldcoin’s (WLD) warehouse in Nairobi was raided by police. Kenya was one of Worldcoin’s biggest markets.

• A German financial regulator is investigating Worldcoin as well.

• OpenAI files a trademark for GPT-5.

• Coinbase has apparently drastically changed its mind about crypto’s role in the future of finance — “Coinbase now claims it’s merely been selling digital Beanie Babies all along.”

• Coinbase invests an undisclosed amount of money in Rocket Pool (RPL).

• Coinbase’s Ethereum layer-2 Base network goes live.

• Uniswap (UNI) adds support for Base.

• Circle launches a new programmable web3 wallet.

• Binance (BNB) acquires licenses for Bitcoin and “digital asset services” in El Salvador.

• Binance invests $5 million in Curve DAO (CRV).

• The Bank of Russia shares its CBDC plans and logo.

• Fantom (FTM) is contemplating becoming a layer-2 optimistic Ethereum rollup.

• Frax Finance (FXS) wants to expand into real-world assets (RWAs).

• PancakeSwap (CAKE) deploys on Arbitrum (ARB).

• Aptos (APT) partners with Microsoft.

• Publicly-traded bank SoFi holds $170 million in crypto.

• WAX (WAXP) reports its second quarter of growth in average daily NFT buyers in a row. It’s now ranked 3rd in this regard among layer-1s.

• Brave (BAT) has begun using its own image and video results instead of relying on Bing.

• Bitget partners with comedian Adam Devine.

• Bitstamp delists SOL, MATIC, NEAR, AXS, CHZ, MANA, & SAND.

• Cardano’s (ADA) experienced a 49% increase in app transactions this quarter.

• The EOS (EOS) Network Foundation wants the EOS community to reject Block.one’s $22 million settlement, believing the community’s efforts are worth far more.

• Kraken lists Reddit tokens MOON and BRICK.

• Generative Tezos (XTZ) art platform Fxhash raises $5 million.

• NFT project y00ts abandons Polygon to migrate to Ethereum, after previously abandoning Solana. The project will return the $3 million that Polygon paid it for its initial move.

~Dutchee👁️