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Moonbirds will store NFT art ‘in chain’ — Raises $50M in Series A funding

Storing an NFT “in chain” means that the NFT can be generated completely off the underlying smart contract, without any need for an off-chain storage provider.

President of Paraguay vetoes crypto regulation law

The bill was approved by the nation's Senate in July as low-energy costs continue to boost mining activities in the country.

New free-to-own GameFi model is "high-risk" according to CZ

The blockchain gaming firm in question raised over $200 million on Monday to further its NFT operations.

Crypto.com accidentally transfered $10.5M to client instead of $100 refund

Court documents allege that the recipient used a portion of the funds to purchase a luxury mansion upon receipt.

Flare Network and Lena Instruments launch new crowdfunding mechanism

The mechanism allows investors to allocate a portion of the rewards they earned into funding startups.

‘We need to learn what regulation works and what holds us back’ — hedge fund exec

Jaime Baeza said that the fast-paced environment and regulatory uncertainty are some of the challenges institutions face in Web3.

Fireblocks launches Web3 Engine support on Solana

The blockchain unicorn created Web3 Engine as a developer tool set targeting DeFi, GameFi and NFT products and services.

Aave community proposes to temporarily suspend ETH lending before the Merge

The governance vote to approve the pause will commence on Aug. 30, 2022, and end on Sept. 2, 2022.

Frida Kahlo art finds permanent home in the metaverse

Art, artifacts and untold family stories from the world-renowned Mexican painter Frida Kahlo are being digitized and uploaded to the metaverse.

Binance Aus ramping up measures to protect vulnerable users, says CEO

The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities.

Ethereum scaling network Arbitrum set for major upgrade on Aug. 31

The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years.

'Most of crypto is still junk' and lacks use case — JPMorgan blockchain head

JPMorgan’s Umar Farooq said that use cases haven't arisen fully and regulation hasn't yet caught up.

Argentina's Mendoza province now accepting crypto for taxes and fees

The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24.

FBI issues alert over cybercriminal exploits targeting DeFi

Smart contracts governing DeFi platforms identified as a particular cause for concern for the enforcement agency.

Lawyer Roche alleges statements he made about Ava Labs are false, the result of intoxication

He claims that the recordings were a setup by a third party to discredit the lawyer and his firm, but the “whistleblowing” website is standing by its story.

Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional

The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country.

NFTs Gaming CEO apologizes for losing 12% of startup capital through crypto trading

0xfanfaron has vouched to personally compensate the firm's treasury for all trading losses.

Mt. Gox creditors dismiss rumors of massive Bitcoin dump

Mt. Gox creditor Eric Wall said that at the moment, creditors are still unable to register where the funds should be sent to.

Nifty News: Taco Bell wants you hitched in the Metaverse, Animoca Japan raises $45M and more

X2Y2 has introduced optional royalties to their platform to mixed reaction, while Yumon has launched an NFT trading card game that turns Youtubers into fantasy hero characters.

Bitcoin is ‘one of the worst cryptocurrencies' claims Cyber Capital founder

The comments come as Ethereum and Cardano are soon undergoing significant upgrades, while Bitcoin has remained largely unaltered.

18 'uncomfortable' truths about nonfungible tokens

NFT analyst OKhotshot warns there are no reliable stable investments in the NFT space and most investors will lose money investing in the market.

Ava Labs CEO denies CryptoLeaks' claims as 'conspiracy theory nonsense'

The CEO’s comments come after a CryptoLeaks blog post alleged that Ava Labs had a "secret pact" with a U.S. law firm to sue competitors in exchange for AVAX tokens and equity.

Why interoperability is the key to blockchain technology’s mass adoption

Interoperability enables blockchain networks and protocols to communicate with each other, making it easier for everyday users to engage with blockchain technology.

GameFi investors are now prioritizing fun factor over money: Survey

While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022.

Top 10 most Googled questions about cryptocurrency and its implication

The top 10 Google searches related to cryptocurrencies uncover an increase in curiosity among general investors — represented by two 'Why's, three 'What's and five 'How's.

What is a seed phrase and why is it important?

It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up.

Blockchain audits: The steps to ensure a network is secure

In order for blockchain firms to truly validate their internal security protocols, they need to be audited thoroughly. Here’s a brief rundown of how the process goes.

Pro-blockchain narratives hinder Bitcoin adoption, says StackinSat founder

Josselin Tonnellier, the founder of crypto investment banking firm StackinSat, said that while organizing an event during the bear market was difficult, seeing attendees from abroad was very rewarding.

Hetzner anti-crypto policies: A wake-up call for Ethereum’s future

The terms of services, laid down by Ethereum's second-biggest host Hetzner, prohibits customers from running nodes, mining and farming, plotting, storage of blockchain data and trading.

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