● Binance Labs announced an investment of $5 million to purchase CRV and support the deployment of Curve to BNB Chain

According to the Binance blog, Binance Labs has invested $5 million in Curve DAO tokens (CRV), and as part of the collaboration, Curve will explore deployment to BNB Chain.

● BNB Chain architect: opBNB is expected to improve the scalability of BNB Chain

According to Cointelegraph, BNB Chain senior solution architect Arno Bauer said in a podcast that BNB Chain is not designed to "beat Ethereum" but to provide value to a unique user group. Recently, BNB Chain launched a new Layer-2 testnet called opBNB, which is based on the Optimism OP Stack and is expected to improve the scalability of BNB Chain. As to whether this will lead to the fragmentation of the BNB Chain ecosystem, Bauer believes that users may be confused when making choices, and the best solution is for wallet providers and infrastructure builders to create seamless integration so that users do not need to care about technical details.

● opBNB testnet is expected to conduct PreContract hard fork on August 14

BNB Chain announced that the opBNB testnet will conduct a PreContract hard fork at block height 5114294, which is expected to be at 14:00 on August 14. The upgrade includes setting the name and symbol of the pre-deployed contract WBNB to Wrapped BNB. BNB Chain said that opBNB full node operators must complete the upgrade before the specified time.

● CZ: The vulnerability found by Fireblocks that affects the MPC wallet has been fixed, and user funds are safe

Binance founder and CEO Changpeng Zhao (CZ) posted on X (formerly Twitter) that "Fireblocks discovered a series of new vulnerabilities affecting MPC wallets that existed in Binance's open source TSS library, but have been fixed. No Binance user funds were affected."

● The annual rate of US core CPI in July hit a two-year low

According to Jinshi.com, the U.S. unadjusted core CPI annual rate in July was 4.7%, the lowest since October 2021, and the market expected it to be 4.8%.

● The annual rate of US unadjusted CPI in July was 3.2%, the first acceleration since June 2022.

According to Jinshi, the U.S. unadjusted CPI annual rate in July was 3.2%, the first acceleration since June 2022, higher than market expectations of 3.3% and the previous value of 3%.

● The probability of the Fed keeping interest rates unchanged in September is 90.5%

According to Jinshi, according to CME's "Federal Reserve Watch": the probability of the Federal Reserve keeping interest rates unchanged at 5.25%-5.50% in September is 90.5%, and the probability of raising interest rates by 25 basis points to the range of 5.50%-5.75% is 9.5%; the probability of keeping interest rates unchanged in November is 74.7%, the probability of a cumulative increase of 25 basis points is 23.7%, and the probability of a cumulative increase of 50 basis points is 1.7%.

● French Financial Markets Authority modifies crypto company registration requirements to comply with EU MiCA regulations

France is revising registration requirements for cryptocurrency firms to better align with the EU’s MiCA new regulations for the industry, the country’s Financial Markets Authority (AMF) announced. The “enhanced” registration requirements will come into effect on January 1, 2024 and will be mandatory for “new players” seeking to offer any regulated services, the AMF said. The changes will also allow for the implementation of a fast-track procedure to authorize companies that are already operating and approved in the country.

● Ripple: Working with Hong Kong companies and financial regulators to pilot projects such as real-world asset tokenization

According to The Crypto Basic, Ripple announced that it is working with Hong Kong businesses and financial regulators. Kirit Bhatia, head of business development at Ripple, said that Hong Kong is one of the most important and enduring financial centers in the world, and one of the cities with the largest scale of blockchain investment and developers, with a high concentration of developers and blockchain-related investments. Ripple will promote value tokenization and is currently working closely with Hong Kong financial regulators to promote pilot CBDC and real-world asset tokenization projects based on XRP Ledger.

● XRP Ledger has more than 1.2 million daily transactions since August, higher than Ethereum and Bitcoin chains

According to Cryptoglobe, BitInfoCharts data shows that since the beginning of August, XRP Ledger has more than 1.2 million daily transactions, exceeding Ethereum's daily transactions (1.09 million). Both networks have far more daily transactions than the Bitcoin chain, which has about 300,000 transactions per day. In terms of total transaction volume, Bitcoin's transaction volume in July exceeded US$8.35 billion, while Ethereum's transaction volume was US$1.8 billion and XRP's transaction volume was close to US$500 million.

● Illuminati Capital has raised $50 million and will focus on investing in blockchain startups

According to VentureBeat, Dubai crypto venture capital firm Illuminati Capital has raised $50 million to invest in early-stage blockchain startups, with investment focuses including decentralized finance (DeFi), blockchain games, artificial intelligence, NFT infrastructure and real-world assets (RWA).