ETH’s The Merge was completed. ETH is down 13.5% since The Merge; BTC is outperforming. U.S. Aug inflation at +8.3% YoY, higher than expected.

The Merge is here, plus Starbucks NFTs and big banks in the Metaverse

Disney is exploring and developing plans for the metaverse. ConsenSys launches free NFTs to commemorate Ethereum’s Merge. Gods Unchained is teaming up with GameStop.

Coinbase proposes to move 1.6 billion USDC from MakerDAO’s DAI collateral. The last Ethereum shadow fork upgrade is deployed on the mainnet. Mysten Labs raises $300 million to accelerate Sui adoption.

BTC and ETH face macro headwinds from interest rate hikes. ETH outperforms BTC due to The Merge, driving BTC/ETH price ratio to a low. ETH perpetual futures funding rates continue to print negative.

Cardano Vasil hard fork incoming, Binance discontinues stablecoins, Renault partners with Sandbox

FIFA to launch Algorand-powered NFT platform. OpenSea to exclusively support NFTs on Ethereum’s PoS blockchain post-Merge. DappRadar data shows gaming makes up half of blockchain activity in Aug.

Bellatrix goes live on Ethereum’s Beacon Chain. MakerDAO’s co-founder Rune proposes ‘Endgame Plan’ to free-float DAI. KyberSwap suffers front-end hack and attacker moves US$265,000 worth token.