🪙 Crypto News (Aug 1, 2024):

1️⃣ Avalanche: The California Department of Motor Vehicles (DMV) has migrated 42 million documents to the #Avalanche blockchain as part of its digital transformation initiative. This move is expected to reduce vehicle transfer processing time from several weeks to just a few minutes. 🚗

2️⃣ Cointelegraph: The FSRA-registered platform M2 will enable clients to trade cryptocurrencies directly from their bank accounts. 💱

3️⃣ Eduard: The trading protocol ZKX, built on StarkNet, has announced its shutdown due to financial challenges. 💔

4️⃣ Worldcoin: The digital verification service World ID is now available to residents of Austria. The #Worldcoin​ project has announced the launch of this service in one of the European countries. 🌍

5️⃣ Alex Svanevik: #Nansen CEO Alex Svanevik has launched a meme coin called IQ on the Solana-based platform MakeNowMeme. As of this writing, IQ is trading at approximately $0.0012, having surged 1350% in the past 24 hours. Its market capitalization stands at $1.19 million. 📈

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