ChainCatcher news, according to Cointelegraph, the Digital Sovereignty Alliance (DSA) was officially established today. This alliance is a non-profit organization dedicated to advancing emerging technologies, public policy, research, and education, including decentralized technologies, blockchain, cryptocurrency, Web3 innovations, and artificial intelligence.DSA Director Adrian Wall stated, "The purpose of establishing the DSA is to lead important bipartisan dialogue and advocate for policies that ensure emerging technologies benefit society as a whole. The rapid development in fields such as blockchain and artificial intelligence brings tremendous benefits to society, and therefore public policy must keep pace to address ethical and social impacts. We are committed to bringing together experts, policymakers, and the public to advocate for thoughtful, forward-looking policies."

ChainCatcher news, Bitcoin-listed mining company MARA stated that controlling key resources such as Bitcoin's block space and hash rate (the pillars of the network) could have profound implications for America's financial sovereignty and its ability to maintain global influence in the digital age. It called on the U.S. government to take decisive action to address the challenges posed by Bitcoin and seize opportunities, while implementing the following strategic measures:Create a U.S. Bitcoin Strategic Reserve. The U.S. should acquire Bitcoin as a strategic reserve asset. By holding Bitcoin, similar to the U.S. being a major holder of gold, America will ensure its transactional capability when confidence in the dollar weakens globally;Invest in domestic Bitcoin mining. The U.S. should prioritize expanding its domestic Bitcoin mining operations to increase its share of global hash power. By controlling a larger portion of global hash power, the U.S. can ensure secure access to block space and protect its economic sovereignty;Develop mining technology to promote self-sufficiency. Encourage domestic production of mining hardware (ASIC chips) to reduce reliance on foreign suppliers. This will ensure that the U.S. does not depend on critical infrastructure from hostile nations, thereby enhancing technological self-sufficiency and strengthening national security;Implement supportive policy regulations. Establish clear and comprehensive regulations to provide legal clarity for Bitcoin miners and investors. Offering incentives, such as tax breaks for incorporating renewable energy into mining operations, will further stimulate industry growth, technological advancement, and job creation;Lead global Bitcoin standards. The U.S. should take a leadership role in establishing global standards for decentralized networks. By collaborating with allies and ensuring that Bitcoin remains a neutral, open, and secure platform, the U.S. can promote stability in global financial transactions and prevent the centralization of hash power by hostile nations;Protect national security through hash power control. As competition in Bitcoin mining intensifies, controlling a significant amount of domestic hash power will protect the U.S. from foreign interference. Ensuring a strong share of global hash power can prevent hostile nations from censoring or delaying U.S. transactions, which could have serious economic repercussions.

ChainCatcher news, MetaMask developer Consensys announced the launch of the on-chain personal sovereignty proof project sovs.xyz, which supports users in proving sovereignty types such as economic, data, technology, culture, legal, political, and environmental on the Linea blockchain.

ChainCatcher news, the blockchain carbon credit platform Flowcarbon, co-founded by WeWork founder Adam Neumann, is refunding investors after its much-anticipated Goddess Nature Token (GNT) failed to launch.Some refunds have been issued in recent weeks, after investors, including the tech-focused venture capital firm Andreessen Horowitz, waited over a year without seeing the token launch.Flowcarbon informed investors that market conditions and resistance from carbon registries were the main reasons for the refunds.Flowcarbon does not appear to have publicly disclosed its refund situation; a Flowcarbon spokesperson stated, "Since last year, we have been providing refunds to retail GNT purchasers in accordance with standard and customary terms, and we continue to develop Flowcarbon into a leader in the carbon finance space."

ChainCatcher news, Polygon's growth lead Texan shared some insights on "Layer 3" on the X platform:Some have proposed using L3 to solve the crypto scalability issue, but they have many drawbacks;Aggregated L2 has all the advantages without the disadvantages, truly achieving crypto scalability;Some L3 can achieve interoperability within a single L2 ecosystem, but this will still disperse liquidity and users by establishing moats;Many L3 models that rely on L2 for settlement include fee extraction;L3 sacrifices some sovereignty, relying on governance and fee extraction imposed by L2.

ChainCatcher news, Iceland's Prime Minister Katrín Jakobsdóttir vowed to concentrate more power on domestic food production while reducing energy expenditures for data centers and Bitcoin mining.In an interview with the Financial Times, Jakobsdóttir explained that the country's mission is to achieve carbon neutrality, and renewable energy should be redistributed to power Iceland's 375,000 citizens.Jakobsdóttir explained that the use of "large amounts of energy" for Bitcoin and cryptocurrencies "is not part of this mission."

ChainCatcher news, the digital sovereignty platform Acara announced that its first round of IDO will take place on August 19 at 10 AM Beijing time, with a sales quota of 2% of its total token supply ACR.It is reported that Acara is a digital sovereignty platform that integrates social, prediction, and gaming elements. Through smart contracts and oracle technology, it allows users to make predictions on the most controversial topics in the world (such as politics, economics, current events, entertainment, and sports). Users can initiate multiple gaming projects on-chain as game publishers, publish on-chain social content, and add liquidity mining to obtain stable returns.

ChainCatcher news, RBI Deputy Governor Rabi Sankar stated at an event that stablecoins pose an existential threat to policy sovereignty and are only useful for a few countries. Sankar mentioned that considering the concerns regarding stablecoins, CBDCs are a better stable solution for every country. Sankar stated, "If large stablecoins are pegged to some other currency, there is a risk of dollarization."At the same time, he expressed concerns about the potential impact of stablecoins on India's capital regulation or monetary policy. "We must be very cautious in allowing such instruments... Based on past experiences from other countries, this is an existential threat to policy sovereignty."

ChainCatcher news, STEPN developer Find Satoshi Lab announced the launch of its NFT AIGC product GNT's V3 version. It is reported that GNT V3 can collaborate with FSL's recently launched NFT marketplace MOOAR to create AI-generated images using users' selfies as source data, which will be minted as NFTs on the Solana blockchain.FSL co-founder Yawn Rong stated, "This represents the arrival of a new era of Web3 technology, where individuality merges with blockchain technology to redefine personal expression. With GNT, we are breaking the boundaries of digital self-expression, allowing users to become creators of their unique digital works." (Source link)

ChainCatcher news, STEPN's Twitter posted a meme image with the text GNT, suspected to be issuing a new token. (source link)

ChainCatcher news, EU Commissioner Paolo Gentiloni stated that central bank digital currencies (CBDCs) may require an international transaction network to prevent state-sponsored funds from infringing on the sovereignty of other countries. Currently, the EU is considering the design of a digital euro, but issues such as how the digital euro will be used for cross-border payments need to be addressed. (CoinDesk)

ChainCatcher message, the data sovereignty synchronization application xSync developed by the Crossbell team now supports Twitter and Medium platforms, allowing users to automatically and freely sync content published on Twitter and Medium to the Crossbell blockchain. The integration of Twitter content in xSync is an upgraded version of the previously released CrossSync, adopting a brand new tweet synchronization method, providing more convenient and user-friendly tools to protect user data sovereignty. It is reported that Crossbell is a social Layer1 public chain developed by NaturalSelectionLabs, the parent company of RSS3. (source link)