DePIN to be ‘crypto’s next big use case’ — MV Global
Applications range from digital storage to energy markets, the report said, while pointing to significant use cases for the technology.
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Bitcoin strategic reserve unlikely under Trump — Mike Novogratz
The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency.

Mauritius mulls wrapping metaverse into financial services
While acknowledging the need for collaboration in reshaping the financial services to accommodate metaverse, the FSC Mauritius asked seven questions to the public. The Financial Services Commission (FSC) of Mauritius started collecting feedback from industry stakeholders and the general public regarding the inclusion of metaverse within the financial services industry.The FSC Mauritius dedicated the entire

Upstart Bitcoin Cash challenger BCHN gains miner majority ahead of fork
The Bitcoin Cash community appears to be signaling support for the upcoming BCHN fork, with 82% of hash power supporting the implementation. The potential Bitcoin Cash fork in November is looking increasingly likely, with 63% of the last 1,000 BCH blocks being mined using the community’s breakaway Bitcoin Cash Node (BCHN) implementation.BCHN appears to be…

Union of European Football Associations Implements Blockchain-Based Ticketing System
The Union of European Football Associations (UEFA) has successfully deployed a new ticketing system via mobile phones based on blockchain technology, according to an August 16 press release. After the “successful implementation” of the blockchain ticketing system for 50 percent of the tickets for the 2018 UEFA Europa League final in Lyon in May, the…

Ecuadorian Shrimp Producers Join IBM’s Blockchain-Based Food Trust Ecosystem
The Ecuador-based Sustainable Shrimp Partnership (SSP) is joining IBM's Food Trust Ecosystem, using IBM’s blockchain technology to ensure the quality of SSP shrimp products, according to a press release on May 6.By joining the Food Trust Ecosystem, retailers and consumers will have access to production and development data on the SSP shrimp products. Director of…

Andreessen Horowitz Raises $515 Million for New Crypto Fund, Surpassing Initial Goal
Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund

Binance Funds Blockchain-Based Customer Relationship Management Network
Binance Labs, the blockchain incubation initiative run by Binance, has provided the blockchain-based customer relationship management (CRM) Cere Network with strategic funding, according to a press release shared with Cointelegraph on July 3.Binance Labs announced that Cere Network would be graduating from the Season II cohort of its incubation program on June 5. On July…