August 21st · Latest Web3 News at a Glance

1️⃣Maple launched MapleKit and established a $250,000 bounty pool. Its core asset, syrupUSDC, has become one of the top three USD-yielding assets, with a significant increase in total locked value.

2️⃣Coinfest Asia 2025 took place in Bali from August 21st to 22nd, attracting thousands of attendees focused on innovation and connection. The9BIT sponsored games and a party.

3️⃣Ethereum price approached a record high, breaking through $4,800, fueled by market optimism driven by expectations of a Federal Reserve rate cut.

4️⃣The lawsuit between Ripple and the SEC has officially concluded, with the court approving the withdrawal of appeals by both parties, freeing XRP from regulatory uncertainty.

5️⃣DigiFT completed a new round of strategic funding, led by SBI Holdings, to fund the expansion of its on-chain RWA exchange. Meanwhile, Irys completed a $10 million Series A funding round to support the development of programmable data chains.

Active funding and technological breakthroughs in the Web3 space are driving the industry forward steadily.