Crypto Calendar: Must-Attend Crypto Events August 2024
The crypto calendar for August 2024 is full of big events and cryptocurrency news. Blockchain updates are changing the crypto world, so staying informed is important.
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Exciting Crypto Calendar for This Week: 19-25th August
I. Monday, August 19: Network Changes and Token Releases
1. Pocket Network starts GANDALF Phase 1 to cut costs for node runners
— POKT Network (@POKTnetwork) August 5, 2024
GANDALF is coming August 19th!
The @POKTdao approved the GANDALF proposal earlier this summer, which will dramatically reduce infrastructure costs for many node runners.
Phase 1 is kicking off on August 19th. Details can be found here: https://t.co/CvPRJebWTh pic.twitter.com/NM1ibX6aBa
2. Bitgert teams up with Conftapp for better tools
We are excited to announce our partnership with the Web3 Utility Hub @conftapp offering advanced analytics, launchpad, name service and more!
— Bitgert – $BRISE (@bitgertbrise) July 19, 2024https://t.co/egqkigwzvG
3. Axie Infinity adds new Avatar Mode quests
New Avatar Mode Premier Bounty Board Quests Are Coming!
— Axie Infinity (@AxieInfinity) August 16, 2024
Starting next week, we’re bringing new Homeland Avatar Mode quests to the Premier Bounty Board!Earn points for the Premier Bounty Board with Avatar Mode.
5 new Avatar Mode quests will be added to the Quest Pool—3… pic.twitter.com/AJ1h49Nf1H
4. Pixels releases 7.05% of its tokens, worth $7.27 million
II. Tuesday, August 20: New AI Tech and Token Changes
1. Ultra shows off Project Citadel with partners
Every once in a while, there’s an event that smacks you in the head and makes you say, "wow… this is it!"
— Ultra (@ultra_io) August 8, 2024
That event is here! Project Citadel Exclusive Preview. Welcome @CARV_official, @NyanHeroes, @GAM3Sgg_, & @KGeN_IO20 Aug – 16:00 UTC
Don't miss out!https://t.co/zOFNddSCTI
2. Avalanche releases 2.41% of its tokens
3. Flux launches FluxAI Beta on its network
4. Metis votes on using METIS with Aave
The proposal for @aave to integrate METIS as collateral is finally here
— Metis
Enabling collateralized METIS on DeFi's most battle-tested platform will broaden the utility of METIS and unlock new asset strategies in our ecosystemVoting runs Aug 17-20
: https://t.co/P7Si5al3jF pic.twitter.com/Jul6g2nzay
(@MetisL2) August 16, 2024
III. Wednesday, August 21st: New Tools and Community Talks
1. Alephium adds Oracles to its network
— Alephium (@alephium) August 16, 2024
Oracles are now available on mainnet!
Yesterday we talked about WHAT they are…
Next week we'll talk about WHY it's a game changer!
With @DIAdata_org @wachmc @MaudBannwart @linx_labs @alephiumbank.
Join us!21st of August – 4PM UTC
https://t.co/AdaHGisrAb https://t.co/zcfL57Ol0x
2. Opulous starts OVAULT V2 with new staking options
— Opulous (@opulousapp) August 9, 2024
OVAULT V2 Launch Date
Mark your calendars for August 21st!
Get ready for:Unlimited USDC Staking
Who's excited for OVAULT V2? pic.twitter.com/XXrrZs7Nh7
3. OmniFlix Network talks about earning crypto in FlixTalk #133
Fam, FlixTalk #133 ft. @dropdotmoney is coming!
— OmniFlix NetworkExplore how Drop grows your crypto earnings through liquid staking and auto-compounded rewards
Plus, catch exclusive updates from creators launching new NFTs & content on #OmniFlix
Aug 21st, 2pm UTC
Link to spacepic.twitter.com/l0FhHrtKCH
(@OmniFlixNetwork) August 18, 2024
4. Creditcoin takes a snapshot of its new chain
— Creditcoin
Network Snapshot Incoming!
As a reminder, the previous Substrate-only version of the Creditcoin network (2.0+ and earlier) is now called ‘Creditcoin Classic’. The EVM-compatible version of Creditcoin will simply be called ‘Creditcoin’
With this upgrade, a snapshot will be…(@Creditcoin) August 14, 2024
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IV. Thursday, August 22nd: Farming and More Token Releases
1. Ocean Protocol begins Data Farming Round 103 with AI predictions
Ocean's Data Farming Round 103 (DF 103) begins today thru Aug 22!
— Ocean Protocol (@oceanprotocol) August 15, 2024
Earn rewards by using AI & Predictoor DF to predict crypto prices!
Read on: https://t.co/3jDtWKAjXu
2. SPACE ID releases 4.29% of its tokens
3. Oasis hosts a live talk on Binance with CryptoFi
#BinanceAMA! @OasisProtocol x @CryptoFi_global
— CryptoFi (@CryptoFi_global) August 13, 20242 PM UTC
Reward: $200 USD
Have questions? Get them ready!
𝗠𝘂𝘀𝘁 𝗝𝗼𝗶𝗻 𝗮𝗻𝗱 𝗙𝗼𝗹𝗹𝗼𝘄
Follow on Twitter: @OasisProtocol pic.twitter.com/byXWJ1rIAc
4. Oraichain meets fans in NYC to celebrate its growth fund
Will you be in NYC next week?
— Oraichain (@oraichain) August 16, 2024
Join us on 8/22 for our first IRL community meetup, celebrating the launch of Oraichain’s $3M Ecosystem Growth Fund
If you are an #AI x #Web3 developer based in New York, we want to see you therehttps://t.co/2VOqEk76Be
V. Friday, August 23rd: More Crypto Events
1. MOBOX starts Stage 4 of its yield program
The new round of Liquidity Yield is here!
— MOBOX (@MOBOX_Official) July 23, 2024Duration: 1 Month
Rules: Remain the same as Stage 3
Details: https://t.co/7SsN28tOwN
Step-by-Step GuideGet BTC on Merlin:… pic.twitter.com/LDQIhirbVr
2. 1inch Network and Galxe release tokens
3. Acala Token releases 0.46% of its tokens
VI. Weekend, August 25th: Some More Token Unlocks and New Releases
1. GuildFi sets a 12 PM UTC deadline for swapping GF tokens to ZENT.
ICYMI. You have 15 days to migrate your $GF to $ZENT!
— GuildFi ( Now @zentry ) (@GuildFiGlobal) August 9, 2024https://t.co/sQ25IYNhe7 https://t.co/G83TBiaZcz
2. Stella opens $ARB reward claims from 2 PM onwards
Epoch reward claimable date: August 25th (3 days after the epoch ends), 2PM onwards.
— Stella
With that, rush to Stella now to collect those $ARB before it runs out
Full details: https://t.co/TTJhTNwPxQ| 0% Cost Leveraged Strategies Protocol (@stellaxyz_) August 8, 2024
3. Nakamoto Games launches RoadRush, a new racing game in their Play2Earn lineup.
— Nakamoto.Games (@NakamotoGames) August 17, 2024
We’re thrilled to announce that #RoadRush is launching at the end of next week!
Another exhilarating racing game is joining our #Play2Earn lineup, and we’re ready to welcome thousands of new racing fans to the thrill.
Get ready to race, earn,… pic.twitter.com/467lAS93Km
Also Read: Ethereum and Solana: Thomas Kralow’s 2024 Investment Picks
This crypto calendar shows how busy August 2024 is for crypto. From new tech to community events, a lot is happening. Knowing about these crypto events in August 2024 helps you better understand the changing world of digital money.
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Tether eyes Aptos integration in move to grow USDT’s role in DeFi
Tether disclosed that its dollar-pegged USDT stablecoin will soon be available on the layer-1 blockchain Aptos Network. In the stablecoin issuer’s press release, it noted that it is part of its strategy to make USDT more accessible to crypto users.
The company did not specify when USDT will become available on the Aptos network. Aptos launched in 2022 and has recently enjoyed renewed interest from the crypto community for reasons such as its speed and cheap features.
Tether cites Aptos blockchain infrastructure as key to integration
According to Tether, the decision to expand its USDT stablecoin offering to Aptos is based on the blockchain’s infrastructure, which is “designed for unparalleled speed and scalability.”
The blockchain network developed by former Facebook engineers has experienced significant growth in recent months. The average daily user count increased from 96,000 in January to 170,000 by the end of July. It has also doubled its total value locked this year.
Additionally, Aptos has seen notable growth in transaction volumes, with a daily transaction hitting a record high of 157 million on May 25, 2024. Tether cites these capabilities as crucial advantages for the network that make it suitable for USDT integration.
While speaking about the proposed USDT launch on Aptos, Tether’s CEO, Paolo Ardoino, described Aptos as a solid platform that will make digital currencies more accessible.
He said:
“Aptos’ innovative technology offers a solid platform for facilitating faster and more cost-effective transactions with USDT. This collaboration underscores our ongoing efforts to lead with innovation and support our users with stable, reliable financial tools.”
Tether also noted that Aptos has a strong developer community and low gas fees, making it attractive for USDT and viable for all use cases. Several decentralized applications (dApps) have been deployed on the network in the past few months.
Market observers believe the stablecoin issuer’s decision to enter the Aptos ecosystem is to grow its hold on decentralized finance transactions. Despite being the largest stablecoin, USDT sees limited use in the DeFi space compared to its closest competition, Circle’s USDC.
Aptos insiders expect Tether’s USDT to bring more activity to the network
The integration of USDT could also be a significant selling point for the upstart layer-1 network in its bid to compete with more established blockchain networks. USDT is the largest stablecoin with a market cap of over $116 billion.
Aptos insiders think integrating the most used stablecoin into the network could have a massive impact on its growth. They believe the integration will attract more builders to Aptos and allow for new use cases on the network, particularly in attracting institutional DeFi protocols.
Aptos Foundation Head of Grants and Ecosystem, Bashar Lazaar, shares this sentiment. He said, “The launch of USDt on Aptos accelerates the availability and utility of real-world value for institutions, Web3 builders, and regular people worldwide.”
Meanwhile, the integration with Aptos also appears to be an endorsement of the network by the stablecoin issuer. Tether announced in June that it would stop minting USDT on EOS and Algorand networks due to factors related to usage, maintainability, and community interest.
APT has risen by 3.6% against Bitcoin since the announcement.
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