On August 15, 2024, Binance Labs announced investment in decentralized AI ecosystem MyShell. Built on Polygon, MyShell to shift to BNB Layer 2 and launch SHELL tokens.
August 14 saw U.S. Bitcoin ETFs nearing Satoshi’s holdings, Shiba Inu’s 240% trading surge, stable Cardano holders, and Animoca’s take on NFTs vs. memecoins.
Crypto startup investments rose to $2.7B in Q2 2024, despite a 12.5% drop in deals. Infrastructure projects led the way as investor sentiment improved.
August 12 news includes Kamala Harris overtakes Donald Trump in crypto betting odds, Korean CEO arrested for ETH scam, Venezuela blocks Binance, and a crypto user overpays $90k in fees.
HMRC targets cryptocurrency tax evaders with 'nudge letters,' emphasizing the UK's strict enforcement of crypto regulations and the need to report taxable income.