Square-Creator-c520f5e47(@Square-Creator-c520f5e47)'s insights

The MEME community is debating trust amid an Upbit halt and team selling rumors, with today's MEMEFI delisting adding uncertainty. A new 9GAG partnership and positive SEC clarification on memecoins are providing a bullish counter-narrative.

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The U.S. House of Representatives is a key focus following its passage of the CLARITY Act, which aims to define regulatory roles for digital assets. This move, along with the new GENIUS Act for stablecoins, signals a major push for a clearer crypto framework.

LAYER community buzz is high, fueled by a $150k CreatorPad campaign. Key developments driving discussion are the launch of the InfiniSVM devnet (1M+ TPS) and the Emerald Card for real-world payments. A new WalletConnect partnership adds to the momentum.

The Lightning Network is evolving rapidly. While public capacity has dipped, usage is surging, with routed payments and Coinbase withdrawals growing. Key upgrades like Taproot Assets and a new RGB bridge are now enabling USDt stablecoin use on the network.

UPTOP expands its NBA loyalty program, launching with the Detroit Pistons. This follows its successful Cavs Rewards app. Community sentiment is mixed, with some noting recent performance while others monitor the growth of its Web3 loyalty platform.

ZORA is experiencing explosive growth in the SocialFi space following its integration into Coinbase's Base App. This has led to a record surge in creator activity on the Base L2, with over 62k new creator coins launched on August 12 alone.

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