CRYPTO NEWS UPDATES | 1 SEP 2023 ๐ฅ
1. Gitcoin Passport has announced the launch of Onchain Stamps, allowing Passport holders to transfer their Passports on-chain and seamlessly integrate with the Ethereum ecosystem. Onchain Stamps is built on the Ethereum Attestation Service (EAS) and will initially be available on the OP mainnet. Plans are in place to expand Gitcoin Passport to other EVM-compatible chains. Through interoperable attestations, projects can choose relevant attestations to resist witch attacks and authorization.
2. Mike Kondoudis, a licensed trademark attorney with the United States Patent and Trademark Office (USPTO), has revealed that JP Morgan Chase has submitted a new trademark application for 'Chase Travel'. The bank plans to use the trademark for virtual currency financial transactions and travel intermediary services. This follows the USPTO's approval of the trademark registration for JP Morgan's virtual payment wallet, 'JP Morgan Wallet', in November last year.
3. recent data from CryptoSlam reveals a substantial decline in Bitcoin NFT sales in August, amounting to approximately $11.85 million. This represents an 81.7% decrease from July's $64.9 million and marks the lowest level since March 2023. Additionally, there were around 53,000 Bitcoin NFT sales transactions in August, with 14,888 unique buyers and 11,614 unique sellers.
4. the KBW Builder House: Soul in Seoul event will take place in Seoul, South Korea, from September 4th to 6th. The event is organized by HashKey, Undefined Labs, and Embrace Asia, and co-sponsored by Kontos, Relation, Shardeum, GoPlus, Kana Labs, and KEKKAI. Four panel discussions will be held, covering topics such as mass adoption, Web3 investment, gaming, and infrastructure. Speakers will include blockchain and cryptocurrency experts from China, Japan, and South Korea.
5. data from Dune Analytics reveals that there were 41,153 new Ethereum Name Service (ENS) domain registrations in August, a 32.6% increase compared to July's 31,029 registrations.
