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As RWAs cement themselves as crypto’s second-fastest-growing sector, a who’s-who of fintech and blockchain heavyweights are launching Ascend, a hyper-selective program designed to turn startups into the standard-bearers of institutional adoption. Summary Ascend is a new elite accelerator for real-world asset (RWA) startups with live products and institutional goals.Backed by Odisea, Plume, Galaxy Ventures, and Anchorage Digital, it will admit only 6–8 teams per cohort.
OpenMind plans to create a decentralized operating system for smart machines. Summary OpenMind obtained $20M in funding, led by Pantera CapitalOther backers include Coinbase Ventures, DCG, and moreThe startup plans to create an open-source OS for robotic intelligence Crypto and robotics may soon become a powerful synergy. On Monday, August 4, Pantera Capital led a $20 million funding round in OpenMind. Other investors include Coinbase Ventures, DCG, Ribbit, Lightspee
Base has surpassed Solana in daily token launches, driven by a boom in creator coins minted from social posts on the Base app. But with most of the activity driven by short-term traders, the question now is whether this new creator economy can last. Summary Base has surpassed Solana in daily token launches, driven by creator coins minted automatically by Zora’s smart contracts whenever users post social content on the Base app (formerly Coinbase Wallet).Over 1.6M tokens
A Coinbase UK ad campaign was abruptly shut down after TV networks refused to air it, and the exchange’s CEO isn’t staying quiet. Summary Coinbase CEO Brian Armstrong criticized UK broadcasters for blocking the company’s recent crypto ad campaign.Armstrong said the decision reflects outdated perceptions of crypto in the United Kingdom.The UK’s lack of clear crypto rules has drawn criticism from experts.Some community members have condemned the tone of the Coinbase campa
The VINE coin saw a recent surge following Elon Musks prolific activities to revive old content using Grok Imagine. The token may soon join the lineup of tokens linked to Musk and generate even more. Summary Elon Musks plan to revive old social media content from VINE sparked a rally in the token.Dogecoin and Grok-related tokens also saw a surge in value following Elon Musks trending posts.The move comes on the heels of a renewed push by X to create an AI-powered super-
