● BIS calls for sustainable financial solutions using blockchain, AI and IoT

According to The Block, the Bank for International Settlements has launched an initiative calling for sustainable financial solutions using blockchain, artificial intelligence and the Internet of Things. The initiative outlines three key issues it aims to address, including the application of artificial intelligence to strengthen reporting, verification and disclosure mechanisms in the financial services industry; the potential of blockchain technology in auditing and enhancing transparency, traceability and accountability in sustainable finance; and the integration of the Internet of Things and sensor technology into sustainable finance to ensure an informed assessment of impact, risk or compliance.

● PayPal launches cryptocurrency exchange service for US dollars

According to Foresight News, PayPal has launched a cryptocurrency-to-dollar exchange service. By integrating On and Off Ramps, customers can buy and sell supported cryptocurrencies in the United States, convert cryptocurrencies directly into US dollars and transfer them to PayPal balances. Customers can use US dollars for shopping or transfer money to bank cards. The service supports use on wallets, DApps, NFT markets, and MetaMask.

● Vitalik Buterin: His X (formerly Twitter) account was hacked due to a SIM card attack. Hackers took over the phone number and changed the password through social engineering

According to Foresight News, Ethereum co-founder Vitalik Buterin has confirmed that the X (formerly Twitter) account was hacked due to a SIM card attack. Someone took over his phone number through social engineering and reset the X account password.

● Richard Teng, Binance Regional Market Director: Binance is financially secure and welcomes the increasingly mature regulatory framework

According to Cointelegraph, Binance’s general head of regional markets Richard Teng said in an interview that despite recent regulatory scrutiny and regional challenges, Binance is financially safe and completely different from its bankrupt peer FTX. Richard Teng said that while Binance has faced different issues over the past few years, it has successfully addressed them on a case-by-case basis while maintaining financial strength and being able to handle customer withdrawals.​

At the same time, the increasingly mature regulatory frameworks in various jurisdictions are also welcomed by global exchanges. Richard Teng said that the EU's Crypto Asset Market (MiCA) regulation can benefit exchanges generally by establishing standardized rules for the industry. MiCA is "a step in the right direction" that provides a consistent set of standards for the 23 EU member states, which in turn may lead to a broader convergence of global regulatory guidelines for the industry.

● Binance Charity will distribute up to $3 million in BNB to users in earthquake-affected areas of Morocco

According to the Binance announcement, in response to the devastation caused by the recent earthquake in Morocco, Binance Charity will airdrop up to $3 million in BNB to Binance users living in the earthquake-affected areas. User identification will be based on a proof of address (POA) completed in the most affected Marrakech-Safi region before September 9, 2023. Users who complete a POA in the Marrakech-Safi region before this date will receive $100 in BNB directly in their Binance accounts. For any existing users who complete a POA after September 9, 2023 and before September 30, 2023, $25 in BNB will be donated directly to their Binance accounts. In addition, for active trading users across Morocco who are not in the affected areas, Binance Charity will airdrop $10 in BNB to each user, and the funds will begin to arrive in user accounts on September 12, 2023.

● CoinShares: Net outflow of digital asset investment products last week was $59.3 million

According to the CoinShares report, the total net outflow of digital asset investment products last week was $59.3 million, marking the fourth consecutive week of net outflows. Among them, Bitcoin investment products had a net outflow of $68.9 million, and investment products that shorted Bitcoin had a net inflow of $15.2 million, the largest single-week net inflow since March this year.