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Polygon Labs and SK Telecom Partner To Develop Web3 Ecosystem and Incubate Promising Startups

Polygon Labs, a blockchain company, and SK Telecom, a leading Korean mobile carrier, have partnered to develop a web3 ecosystem and identify promising startups for incubation. The collaboration aims to provide web3 experiences to more consumers. The agreement was signed at SK Telecom's Seoul headquarters, and TopPort, SK Telecom's NFT marketplace, will begin supporting the Polygon blockchain.

Vice President of the Asian Society of Financial Technologists: Web3.0 Is a Natural ESG Tool

Chen Yingfeng, Vice Chairman of the Asian Financial Technology Association, stated in a Ming Pao special issue that Web3.0 is a natural tool for ESG, and the two complement each other with mutually beneficial effects.

Mastercard Is Developing a Way To Bring CBDC On-Chain

Raj Dhamodharan, Executive Vice President of MasterCard, stated in an interview with The Block that the company plans to introduce central bank digital currency (CBDC) onto the blockchain. They are developing a method to allow users to obtain CBDC, package it, bring it onto the public chain, and use it to purchase NFTs.

Blockchain Infrastructure Automation Platform Zeeve Joins Shardeum Ecosystem

Enterprise-level no-code blockchain infrastructure automation platform Zeeve has joined the Shardeum ecosystem. Shardeum is an EVM-based L1 blockchain that uses dynamic state sharding to increase TPS for each new node. The integration between Zeeve and Shardeum allows early adopters to participate in the network as validators and receive rewards on the SHM testnet.

Data: Voyager Still Has About $11.47 Million Worth of Tokens for Sale, Including VGX and BTC, etc.

On August 15th, according to blockchain data analyst Yu Jin's monitoring, Voyager has transferred more than 30 types of tokens to Coinbase since August 12th, and has paid users in US dollars for token exchanges. They have withdrawn 82.37 million USDC from Coinbase and transferred 85 million USDC to Circle to exchange for US dollars.Currently, Voyager still has tokens worth about $11.47 million waiting to be sold, including VGX and BTC tokens worth over $1 million.

Vice President of PayPal: PYUSD Is Planned To Be Adopted on CEX, and There Is No International Expansion Plan

On August 14th, Jose Fernandez da Ponte, Senior Vice President of PayPal Blockchain, Cryptocurrency, and Digital Currencies, stated that although PayPal's stablecoin PYUSD, which is currently launched on Ethereum, can only be obtained through the PayPal wallet, their goal is to make PYUSD also available on major trading platforms. PayPal believes that stablecoins are the killer application of the current blockchain, especially in remittances, B2B payments, and digital goods. PayPal's vision is to become the channel between fiat currency and Web3, enabling stablecoin payment systems to become mainstream.

Cardano Sees Increase in DApp Activity and TVL, but Decline in NFT Volume: Messari Analysis

According to Messari, a crypto analytics firm, Cardano (ADA) had mixed results in Q2 of 2023. The blockchain saw a 49% increase in daily decentralized application (DApp) transactions, with an average of 57,881 per day. Additionally, Cardano's total value locked (TVL) increased by almost 10% to $151.7 million, ranking it 21st among all chains. However, the project experienced a decline in non-fungible token (NFT) activity, with a 35.7% decrease in average daily NFT transactions and a 41.9% decrease in total NFT quarterly trading volume compared to Q1.

Shardeum: Sphinx Dapp version 1.5.4 is online

Sharduem, a Layer1 blockchain founded by WazirX co-founder and CEO Nischal Shetty, announced on social media that the Sphinx Dapp 1.5.4 version has been launched. This update includes: speculative fixes to improve the recovery rate of complex smart contract calls. You may encounter an error that causes complex transactions (such as AMM) to fail in 50% of cases due to recovery errors. The solution to this error will be given priority in the next version.

Cyberport and the Hong Kong Housing Society Reached a Cooperation To Promote the Entry of Real Estate Technology Companies Such As Blockchain

On August 12th, it was announced that Cyberport has partnered with the Hong Kong Housing Society to introduce PropTech companies specializing in blockchain, virtual reality, big data, and other real estate technologies, and operate them together.

Figures: Over $150 Million in Assets Bridged to the Base Blockchain

Data from blockchain analysis platform Dune Analytics shows that as of now, assets worth $151,965,185 have been bridged to the Base blockchain.