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MoonPay launches trading platform, Nexpace announces buyback program, RugPot introduces on-chain entertainment, and other Web3 news

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  • Syndicate Labs is winding down operations after five years due to a contraction in the blockchain rollup market, which has shifted towards custom chains, leading to a significant decline in the demand for their infrastructure. (📰BitKE)
  • Nexpace has announced a $10 million buyback program for its $NXPC token to enhance its long-term stability, alongside burning 8.32 million tokens to reduce circulating supply. (📰Cryptonews.net)
  • MoonPay has launched MoonPay Trade, a platform for institutional users that provides access to over 200 blockchain networks and integrates tokenized asset trading and DeFi protocols. (📰Intellectia AI)
  • RugPot, a Solana-based Web3 gaming platform, has launched an on-chain entertainment structure focused on transparency and verifiability, designed for experienced crypto users. (📰Chiang Rai Times)
  • Moomoo has expanded its cryptocurrency trading services in Texas, introducing a direct crypto deposit and withdrawal feature for U.S. users, allowing trading of 52 cryptocurrencies with $0 commission. (📰TradingView)
  • Kyiv will host the Incrypted Conference 2026, expected to attract over 3,000 attendees and featuring OKX as a VIP partner, highlighting the growing interest in Ukraine’s Web3 community. (📰incrypted)
  • OG Esports has signed a partnership with Dexsport, a crypto and Web3 betting platform, making it the headline sponsor of its Counter-Strike 2 team, which will compete under the name OG.Dexsport. (📰The Esports Advocate)
  • Bitfire reported a HK$245 million loss for the first half of 2026, attributed to a decline in crypto asset values and rising expenses, while accelerating its stablecoin initiatives as a core part of Hong Kong’s Web3 ecosystem. (📰Cryptonews.net)
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