Regulation
Slow Ventures Raises Stakes on Crypto Governance with ‘Timber sDAO’
The first sDAO bought plain old land; the second sDAO is buying more. But this time: land with trees. Source link
Month: August 2022
Ethereum
Thai SEC Fines Bitkub Executive $235K for Insider Trading
The insider-trading case stems from an incident from last November, when the SCB acquisition plan was first announced. According to the SEC, Wajanasathian – armed with this information – bought 1.99 million Thai baht (roughly […]
Bitcoin
NFT Security Startup Tokenproof Raises $5M to Keep JPEGs Safe From Scammers
Tokenproof, a token-gating platform, is building a way for NFT holders to prove they own their Bored Apes without putting that high-value NFT at risk. That utility is growing ever more important as real-world opportunities […]
Market Analysis
Rug Pull Almost Wipes out GameFi Project; DeFi Protocol Suffers Hack
A popular play-to-earn (P2E) GameFi project has seen its value plunge by 99% following a rug pull, while another decentralized finance (DeFi) platform has lost millions of dollars in a hack. According to a tweet by PeckShield […]
Regulation
BNB Chain Introduces Liquid Staking to Provide Crypto Users Access to Additional Income Streams
Liquid staking is become more popular as Ethereum, the second-largest blockchain, proceeds toward becoming a proof-of-stake (PoS) system. Coinbase, the U.S. publicly traded crypto exchange, said last week it plans to offer its own liquid […]
Ethereum
Stablecoin Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves
Stablecoin issuer Tether has hit back at a Wall Street Journal article that claimed its balance sheet comprised of “unsafe assets.” Source link
Bitcoin
Singapore State Investor Temasek to Lead $100M Funding Round in Animoca Brands: Report
Singapore’s state investment fund Temasek, one of the world’s largest investors, is to lead a $100 million funding round into non-fungible token (NFT) and metaverse investor Animoca Brands, Bloomberg reported Monday. Source link
Market Analysis
Bone ShibaSwap (BONE) Triples in Value in 10 Days
Bone ShibaSwap (BONE) has been increasing at an accelerated rate since Aug 19. With its $2.10 high on Aug 30, it moved above a crucial Fib resistance level. BONE is the governance token of the […]
Regulation
Founder of Turkish Crypto Exchange Thodex Arrested in Albania
Faruk Fatih Özer’s exchange suddenly went offline last year, and the founder and CEO fled to Albania, leaving almost 400,000 members in the dark and without access to their funds. Users had deposited $2 billion […]
Ethereum
Ethereum Trading Volume At Its Most Sluggish, ETH Price Struggles Below $1,600
Ethereum is feeling the pressure this early, with trading volume at the receiving end and impacting the price of ETH. A major event in the crypto industry, The Merge is eagerly anticipated by many. By […]