🪙 Crypto News (Aug 2, 2024):

1️⃣ The Block: The developers of #Notcoin are launching a new clicker game on Telegram called Lost Dogs. Its internal tokens, WOOF, will be integrated with #NOT and NFTs. 🐶

2️⃣ The Block: The #Elixir team has introduced a "fully decentralized synthetic dollar" called deUSD, aiming to compete with USDe from Ethena Labs. deUSD is designed to provide liquidity for order book-based decentralized exchanges (DEXs). 💵

3️⃣ RippleX: #Ripple has announced a $10 million investment in tokenized U.S. government bonds. For this initiative, the company plans to utilize its XRP Ledger (XRPL) — a decentralized, open-source platform for the fast and cost-effective transfer of fiat currencies and digital assets. 💰

4️⃣ Bybit: The Bitcoin exchange #Bybit has announced the cessation of its operations in France. Starting from August 2 at 8:00 UTC, local users will no longer be able to open or add new positions. This decision follows the tightening of licensing requirements by the country’s regulators in preparation for the MiCA regulation taking effect at the end of the year. 🇫🇷

5️⃣ Sonic Labs: The team behind the blockchain platform for creating decentralized applications, Fantom, has rebranded and introduced the project’s new name — Sonic Labs. These changes come ahead of the developers' new product launch. 🚀

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