Coinbase has entered into a sponsorship deal with the NBA's Los Angeles Clippers, becoming their official partner. As part of the agreement, Coinbase branding will be prominently displayed on signage throughout the Clippers' new home court, the Intuit Dome, which debuted this year. This marks Coinbase's second major NBA partnership, as it already collaborates with the Golden State Warriors.
Naval Ravikant, a prominent Silicon Valley angel investor, pointed out that many crypto projects fail because their founding teams become wealthy too quickly, leading to challenges that can’t simply be solved by hiring.
In a recent interview in China, Vitalik mentioned that an independent L2 solution could potentially operate on Mars within the next 50 years. He emphasized that future technologies should be based on ZK proofs. To combat negative emotions, he recommended engaging in offline activities, maintaining regular exercise, eating more vegetables and fish, and minimizing sugar intake.
Bisa Bank, Bolivia's fourth-largest bank, has introduced a stablecoin service enabling users to buy, sell, and hold USDT directly through their bank accounts. Customers are required to complete a stringent identity verification process to access this service, ensuring secure and compliant transactions.
Aptos has released a special NFT to celebrate the two-year anniversary of their mainnet launch.
The mobile app of the crypto-betting platform Polymarket has surpassed The New York Times: Live News app in the rankings of free magazine and newspaper apps in the U.S.
The U.S. Financial Crimes Enforcement Agency discovered that TD Bank failed to report suspicious cryptocurrency transactions. One of its customers transferred $420 million to cryptocurrency service providers in high-risk regions like Colombia. As a result, TD Bank was fined $3 billion for violating anti-money laundering regulations. Toronto-Dominion Bank, one of the largest banks in Canada, also serves over 10 million customers in the United States.
The Hyperliquid project has announced the launch of its own token called HYPE.
The UAE is abolishing value-added tax (VAT) on cryptocurrency transfers and conversions.