The grant is part of Avalanche’s Multiverse initiative, an incentive fund that aims to push the growth of new subnets. Source: https://www.coindesk.com/business/2023/08/17/avalanche-foundation-provides-3m-in-avax-tokens-to-dexalot/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Complaints flooded X (formerly Twitter) about the scantiness of the new SEI token allocations to early adopters, as many recipients apparently moved to dump their holdings on the market. …

The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed. Source: https://www.coindesk.com/business/2023/08/17/securitize-agrees-to-buy-crypto-wealth-manager-onramp-to-expand-ria-services/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The project’s aim is to offer AI services that aid decision-making for organizations and scale up their operations. Source: https://www.coindesk.com/business/2023/08/17/blockchain-harnessing-ai-project-jada-receives-25m-in-capital-at-415m-valuation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts. Source: https://www.coindesk.com/markets/2023/08/17/crypto-long-trades-account-for-90-of-total-liquidations-as-bitcoin-ether-slump/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

An important tool for the layer 2 service went live on Wednesday to a turbulent start. Source: https://www.coindesk.com/tech/2023/08/17/shib-plunges-9-on-apparent-shibarium-bridge-issues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The much-awaited Shibarium network saw over 21 million wallets created during its testnet phase and is expected to position Shiba Inu as a serious DeFi contender. Source: https://www.coindesk.com/tech/2023/08/16/shiba-inus-ethereum-layer-2-blockchain-shibarium-goes-live-amid-push-for-defi-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The former U.S. president currently holds $2.8 million in ETH after debuting an NFT collection last year, fresh disclosures reveal. Source: https://www.coindesk.com/markets/2023/08/16/trump-owns-even-more-crypto-than-first-known-new-documents-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The fintech giant’s PYUSD stablecoin has forced a rethink among Democratic policymakers who previously resisted federal legislation, says John Rizzo. Source: https://www.coindesk.com/consensus-magazine/2023/08/16/how-paypal-upended-the-crypto-debate-in-washington-dc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The buzzy blockchain project’s SEI token saw a flurry of trading as it debuted on several crypto exchanges Wednesday, but there was much confusion over the status of a …