Longer layout of the Web3 ecosystem: institutions joining, state-level stablecoin issuance, cross-chain trading promotion

[Coin World] The United Nations Development Programme announced that Stellar and FLock.io have joined the Sustainable Development Goals Blockchain Accelerator. The Fed's vice chair responsible for financial regulation supports Fed staff holding a small amount of Crypto Assets. The chairman of the SEC stated that only a few Crypto Tokens are securities. Wyoming has launched its first state-level stablecoin, FRNT, which is now available on seven blockchains including Solana and Arbitrum. Insider news: Musk delays the formation of a new political party, hoping to continue focusing on company operations. Tether appoints former White House Crypto Council Executive Director Bo Hines as a strategic advisor. Polkadot launches its institutional division, Polkadot Capital Group, connecting Wall Street and Web3. SkyBridge Capital plans to tokenize $300 million in assets on Avalanche. Thumzup plans to acquire Dogehash through an all-stock transaction, thereby expanding into the Dogecoin and Litecoin Mining space. A trading platform will launch Useless Coin (USELESS). The official website and social media of Puffer Finance were hacked. It is advised to temporarily stop all interactions. The Puffer domain issue has been resolved, and full services will be restored soon. A trading platform will launch AriaAI on August 21, (ARIA). A trading platform launches SUI spot trading. 280 Bitcoin domain names are up for auction, and Lloyds Bank accepts Crypto Assets payments. CyberKongz will issue a new token KONG to replace BANANA, giving 2% as an Airdrop to the Ethereum NFT community. KindlyMD acquires 5,744 Bitcoins to expand the Nakamoto Bitcoin reserves. SharpLink increased its holdings by 143,593 ETH, bringing its total holdings to 740,760 ETH. A DEX launches cross-chain swap functionality between Solana and EVM chains. VCI Global announces a $2 billion partnership to promote Crypto infrastructure and asset tokenization based on 18,000 BTC. LM Funding America raises $23 million to expand its BTC reserves, currently holding 150 BTC. BitMine and SharpLink hold ETH at a cost of $3,730 and $3,478, respectively.