gm gm,
weâre back from our annual summer break. You know what is not taking a break this summer? web3. so much is happening, so letâs get right into it.
On Wednesday, the global community came together to celebrate *TEN YEARS* of Ethereum đĽłđ. HBD ETH! Itâs a major milestone for the blockchain that aims to be the âworld computer.â If youâre on web3 Twitter X, youâve probably seen lots of âbelieve in somETHingâ posts (ours, below đ + more at the end of this newsletter). Weâre proud to be a part of the Ethereum community and continuously inspired by the builders leveraging the power of its tech to create a more free, open, and equitable internet for everyone.
So what else has been happening? To summarize: The US passed the first ever national crypto legislation (and largely with bipartisan support!), Googleâs new partnership with Self takes ZK proof-of-humanity mainstream, Western Union is ready to become a global offramp for crypto, decentralized social media is so back (maybe?)). Big launches/partnerships/visions from Celo, Mento, PayPal, Billions, Gitcoin, and more.
Everyoneâs out here making things happen, and we love to see it đ. Read all about it right here.
WAGMI (we are going to make an impact!)
Whatâs Inside
đŁ Latest News
đ What Weâre Thinking About
đ Podcasts & Spaces
đ Opportunities & Calls to Act
đŞ Events
đĄ On Our Radar
⨠And one more thing
đŁ Latest News
Celo launches Prosperity Pass Beta following successful Alpha
PayPal says it will allow businesses to accept payments in over 100 cryptocurrencies
Google Cloud Integrates with Self to Power AI Adoption & Web3 Innovation by Human Users
Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX
Billions Becomes Sentientâs Official Identity and Reputation Partner
Roman Storm jury set to begin deliberations as money laundering trial draws to a close
JP Morgan, Coinbase to Enable 'Direct Bank-to-Wallet Connection' for Chase Customers
Global Policy, Regulation, and Adoption News
South Korea to target leveraged crypto lending services with new rules
El Salvador to help Bolivia embrace crypto to boost economic growth
Vietnam launches national blockchain platform to accelerate digital data infrastructure
China Turns to Yuan-Pegged Stablecoins to Take On Dollar after Long CBDC Struggle
US SEC rolls out âProject Cryptoâ to rewrite rules for digital assets
SEC Approves In-Kind Creation and Redemption for Bitcoin, Ether ETFs
Stablecoin News
Tetherâs focused blockchain raises $28M to power stablecoin payments
Visa expands settlement platform to Stellar, Avalanche, Add support for 3 stablecoins
Reports & Project Updates
Ethereum Localism x Regen Coordination - Gitcoin 3.0 Sensemaking Report - Gitcoin Grants
Strengthening American Leadership in Digital Financial Technology - The White House
đ What Weâre Thinking About
đŚ The U.S. passed its *first ever* national crypto law
It actually happened (BBC). On July 18, the president signed the GENIUS Act into law, the first-ever national crypto legislation (Investorsâs Business Daily). Although the law specifically focuses on stablecoins, it nonetheless remains a milestone moment for the entire crypto space, not only laying the groundwork for stablecoin regulation, but also signaling a seismic shift in how Washington views digital assets. As Project Liberty put it, âthis moment stands out not only for the scale of its impact on the crypto sector, but for what it signals more broadly: a new phase in the ongoing debate over how to regulate fast-moving digital technologies in ways that safeguard the public interest while enabling innovation.â The bill passed with rare bipartisan support, sparking what some dubbed âCrypto Weekâ on the Hill. Of course, not everyoneâs cheering. Senator Elizabeth Warrenâs STILL skeptical, and the bill glosses over major talking points like Trumpâs mysterious Bitcoin reserve and the new crypto treasury (Decrypt, Cryptoslate). But love it or hate it, this is a pivotal moment for crypto, and the ripple effects will stretch far beyond U.S. borders.
đŞ Western Union might become crypto's global on/off-ramp
Western Union is eyeing a big move: opening its global payments network (200+ countries, 380K+ retail locations) as an on/off-ramp between fiat and stablecoins (Bloomberg). That means users could convert crypto to cash or vice versa through WUâs existing rails. CEO Devin McGranahan says theyâre actively testing programs and running pilots in South America and Africa. Since Circle went public, âthe phone has been ringing,â he noted. Theyâre exploring stablecoin treasury operations and buy-sell-hold functionality in digital wallets. Full roadmap drops Nov 6.
đ¤ Proof-of-Humanity <> Google
Zero-knowledge proofs (ZKPs) took a major step toward the mainstream. Google Cloud announced a major partnership with Self, a zk-powered identity layer, to implement proof-of-humanity infrastructure that works across both AI and Web3 tools (Self). This means users can now verify that theyâre human (and uniquely so) without revealing any personal data. Itâs not just a privacy win; itâs the beginning of a new verification stack for the internet.
The details are worth paying attention to. Google will integrate Self Protocol into its Web3 Portalâs AI search tools and use it to power a sanctions-compliant Testnet/Mainnet Faucet, thanks to Selfâs ZK-backed OFAC exclusion proof system. Yes, thatâs a mouthful, but the takeaway is clear: this isn't theoretical. ZK is being used now to solve real problemsâlike Sybil resistance, age verification, and identity assuranceâin a way that doesnât compromise user safety.
As bots, deepfakes, and synthetic media flood the web, traditional identity checks (checkboxes, photo uploads, ID scans) are failing us. As Celoâs Rene Reinsberg and Arktourosâ Jane Khodarkovsky wrote for The Hill, âPlatforms now have access to privacy-preserving tools that respect both user autonomy and legal responsibility. Thereâs no excuse not to build better.â Builders like Reka are making the tech more accessible/comprehensible than ever (Seed Club), and even Vitalik recently flagged ZKID as a foundational layer for the AI era (vitalik.eth)
This Google x Self partnership is one of the clearest signs yet that ZK is fast becoming critical infrastructure for the next version of the internet, even beyond crypto circles. Expect more big names to follow.
đ§Ź AthenaDAO is bringing web3 to the frontlines of womenâs health innovation
Big moment for DeSci: AthenaDAO was featured in USA TODAY for its work funding cutting-edge research on ovarian aging and menopause, areas historically underfunded despite massive health impact (USA Today). The article highlights how Athena-backed research is driving real innovation, including projects like LifeAhead, a longevity startup spun out of DAO-funded modeling work (@athena_DAO_). Itâs a powerful example of a DAO making mainstream waves and pushing forward public health. Blockchain-backed biotech is here, itâs working, and itâs being recognized.
đ Is this Decentralized Socialâs iPhone moment?
Coinbase is betting big on crypto as the social layer of the internet. Their new Base App, a rebrand of Coinbase Wallet, isnât just a wallet anymore; itâs a full-blown social network âeverything appâ built on open protocols like Farcaster, Zora, and XMTP. You post, people engage, and you earn. No creator fund applications, no thresholds. Itâs a deeply integrated experience where messaging, discovery, payments, and ownership all live in the same flow. Seed Club called it âthe boldest bet in crypto UX history,â and for good reason: itâs the first real shot at a portable, interoperable social layer where creators can get paid instantly just for showing up and contributing.
The ripple effect is already visible. Shortly after, Farcaster launched Collectibles, a new feature that turns posts into 1-of-1 NFTs via 24-hour auctions (@farcaster_xyz). While Base aims for frictionless earning, Farcaster is leaning into emotional value: fans bid on posts that resonate with them, like buying art. Itâs not just two apps vying for attention. Again, to quote Seed Clubâs newsletter, itâs a clash of philosophies: invisible money flows vs. intentional patronage. Either way, the creator economy is being rewritten in real time, and the tools are finally catching up to the dream. (P.S. fellow SheFi girls, we get early access to Base!)
đ Gitcoin 3.0: Ethereumâs Coordination Engine Gets an Upgrade
Gitcoin is evolving (@gitcoin). Gitcoin 3.0 transforms it from a grants platform into a network-first coordination layer for Ethereum. The goal? Help the ecosystem fund its most urgent needs through pluralistic, community-driven capital allocation.
This chapter goes beyond quadratic funding. Gitcoin 3.0 embraces new funding mechanisms, invites structured âsensemakingâ around real problems, and launches domain-based grant rounds grounded in ecosystem input.
With its restructured Grants program and a focus on legitimacy, experimentation, and scale, Gitcoin 3.0 aims to be a core pillar of Ethereumâs coordination stack. It's not just about âfunding public goods,â it's about Ethereum funding itself, on its own terms.
Plus:
đ¸ A new integration between Airtm, Bridge (a Stripe company), and the Stellar blockchain is showing what the future of payroll can actually look like, and itâs not a proof of concept. Itâs already live and scaling fast. (CoinDesk)
đą A Perspective from Afghanistan: What Is Celo and Why It Matters. (Celo Forum)
đ From automation to agency: Prototype for self-owning intelligent buildings enabled by blockchain. (Automation in Construction)
đ§âđ¤âđ§ Crypto innovation is as much about people as protocols. (HackerNoon)
đ§ Full-Stack Alignment: CoâAligning AI and Institutions with Thick Models of Value. (Meaning Alignment Institute)
⨠Why We Crypto. (Bitwise)
đ Watch & Listen
Crypto Altruists AutoPGF - Episode 5 - Vechain - Turning Everyday Impact into Crypto Rewards: Inside VeBetterDAOâs X-to-Earn Web3 Revolution
Crypto Altruists Podcast - Episode 213 - CARBON Copy - The State of ReFi in 2025: Trends, Challenges, and Whatâs Next for Web3-Regenerative Finance
Greenpill - Season 9 - Episode 2 - Reimagining Journalism with Emergent Technology
Crypto Altruists Podcast - Episode 212 - Elliptic - From Myanmar to Ukraine: How Crypto Is Powering Humanitarian Relief in Conflict and Disaster Zones
Crypto Altruists Podcast - Episode 211 - Moviepass & Mogul - How Web3 and AI are Revolutionizing the Film Industry - from Decentralized Film Finance to Onchain Ownership
đ Opportunities & Calls to Act
Apply: Centre for Public Impact is hiring a Senior Programme Manager, Europe.
Apply: Center for Humane Technology (CHT) is hiring a Principal Liaison for Tristan Harris (Co-Founder of CHT)
Learn: Kernel is a peer-to-peer learning community for technologists, researchers, builders, and artists shaping the future of the web. KB11 will bring together ~50 fellows to go deep on a clear research or product focus. (We are both Kernel fellows and are happy to share our experiences, if you have any questions about applying).
Incubate: The Blockchain for Good Alliance Incubation Program supports projects leveraging blockchain technology to solve real-world problems by offering expertise, resources, branding, and market support. Autumn 2025 Cohort applications close August 15.
Funding: The Stellar Community Launch QF Round is an initiative by the Stellar Development Foundation (SDF) and Giveth to empower emerging event leaders around the world. They are looking for passionate community builders ready to host Stellar-focused educational events in new regions. This round is not only about funding; itâs a chance to be recognized as a potential chapter lead in the global Stellar Ambassador Program.
đŞ Events
đ= New to the roundup this week
Virtual
2025 Grant Summit by Metagov is happening August 20-21. đ
The Future of Digital Finance: Emerging opportunities in India, in China and on the African continent is happening September 24.
IRL
DAO Berkeley 2025 is happening August 3 in Berkeley, California.
ETHSafari 2025 is happening September 7-14 in Nairobi.
Edge City Bhutan is happening September 14-21 in Paro, Gelephu, Thimphu, and other locations in Bhutan.
Africa Money & DeFi Summit West Africa is happening September 24-25 in Accra, Ghana. đ
The Aptos Experience is happening October 15-16 in NYC.
Progress Conference 2025 is happening October 16-19 in Berkeley.
Devconnect 2025 is happening November 17-22 in Argentina.
ETHBoulder is coming in 2026⌠đ
Recurring
Monthly Earth Day is a global event that happens on the 22nd every month, not just once a year. Get involved on August 22 and đ¨ check out the movementâs brand new website đ¨.
Hosting an event that youâd like to see listed? Reply here or send us a DM.
đĄ On Our Radar
Offline Protocol is building a resilient, censorship-resistant ecosystem that empowers users to connect, communicate, and transact without relying on the internet or centralized services.
Celo Prosperity Pass Beta is a smart account wallet that brings all your Celo activity into one place to track, coordinate, and earn.
Decycle creates a closed-loop economy where stakers fund smart cans, users earn by recycling, collectors gather materials, and everyone shares in the value createdâall while making measurable environmental impact. Turn recycling into a game with real impact. Earn $TRASH tokens to build your virtual ecosystem, collect rare eco-guardians, and directly fund environmental initiatives worldwide. Every action in-game creates measurable real-world change.
$REGEN is the native cryptocurrency of Regen Ledger, a proof-of-stake blockchain purpose-built for ecological assets. It secures network data and enables on-chain governance. Itâs more than a coin: itâs the foundation for an economy where transactions are ecological actions and true wealth is built on measurable planetary repair.
Full-Stack Alignment from the Meaning Alignment Institute is a vision of a society where institutions are aligned with what truly matters to us and a collaborative research program offering concrete pathways to achieve it.
⨠And One More Thing
Some HBD Ethereum đ contributions from across the community đŤś