Highlights of the day:

👍 New project updates:

👉 $LINK – Chainlink launches project in Hong Kong.

👉 $STX – Stacks Nakamoto update scheduled for late August.

👉 $ARB – Arbitrum’s proposal to unlock ARB staking is underway.

👉 $MKR – MakerDao plans to discontinue WBTC support due to custody changes from Bitgo.

👉 $XRP – Ripple begins testing stablecoin RLUSD on Ethereum and XRP Ledger.

👉 $CFX – Conflux partners with Web3 Toronto.

👉 $ALPACA – Alpaca Finance completes buyback and burn of 31,888 $ALPACA.

👉 $TROY – Troy launches TROY AI.

👉 $CANTO - The Canto network has been down for more than 32 hours due to a bug.

🖥 NEWS

👉 Odds of Harris winning the election on Polymarket surpass Trump (51% vs 46%).

👉 Elon Musk will have a livestream with Trump on X at 7am tomorrow, August 13.

👉 Crypto Bank Anchorage to support custody for tokens launched on the Solana Blockchain.

👉 Celsius sues Tether for $2.4 billion in damages for rushing to liquidate the bankrupt platform's collateralized BTC.

👉 Justin Sun's company becomes the new custodian of WBTC.

👉 Nigerian Bitcoin fans sue government ban, seeking to recognize Bitcoin as a commodity.

#Write2Win #MarketDownturn #binance