The Aave DAO conducted a 3-day vote to determine whether to create the GHO stablecoin that is planned to be issued. It was announced that the nearly final vote was positive and 501,000 AAVE owners voted in the affirmative. The GHO is planned to function as an over-collateralized stablecoin similar to MakerDAO's DAI.
Ripple Sells 409 Million XRP
Ripple won its 2nd place last week. He shared his Quarterly Reports. Reports pointed out that Ripple's XRP sales increased by 50%. In Q2, when many crypto companies went bankrupt or had to deal with major problems, XRP sales increased by 50% as sales of Ripple's Discretionary Liquidity (ODL) service, an out-of-bounds payment product, increased by 800%.
Crypto Asset ETF from Schwab Asset Management
Giant financial company Schwab has released its first crypto-asset-linked ETF. On July 29, Schwab announced that the ETF would be listed on the NYSE under the name Crypto Thematic ETF (STCE). The ETF will go on sale from August 4. The ETF will not be directly dependent on crypto asset prices and will not contain crypto assets. The product will include companies that are more connected to cryptocurrency.
Sao Paulo Switches to Cryptocurrency Application
In Argentina, a club was on the agenda to sign a domestic player with a crypto asset transfer. Sao Paulo, one of the biggest football clubs in Brazil, also announced the purchase of a player with a cryptocurrency transfer. In the transfer with the help of USDC, it was announced that Argentina's Banfield team paid between $ 6-8 million in exchange for Giuliani Galoppo.
Agreement between Mercedes-Benz & Polygon
Mercedes-Benz and Polygon have reached an agreement on the development of a data sharing platform. Daimler South East Asia, a subsidiary of the Mercedes-Benz Group, announced the work of a data-sharing network to be established with blockchain technology using Polygon.
Significant Increase in Dogecoin's Network Effectiveness
According to data shared with Dogecoin, the number of addresses exchanged for the coin has increased by 256% in the last two months. Its daily average increased from 14,000 to 38,000. Dogecoin, which has not shown the same growth in terms of price and market value, has seen a 25% decrease in market value and close to 20% in price in 2 months.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, Emir Tanju and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.