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MMORPG went into ‘hiatus’ after crypto investors bailed, denies it misused funds

Phat Loop Studios, the company behind the "Pokemon-like" game Untamed Isles has blamed the crypto market crash as a reason its investors bailed.

'Programmable money should terrify you' — Layah Heilpern

The comments come as Layah Heilpern believes CBDCs will give rise to government enforced censorship which will prevent residents from transacting how they wish.

Fortnite developer supports Animoca subsidiary's blockchain racing game

The indie games subsidiary has just received support from Epic Games for its upcoming blockchain-powered P2E racing game Torque Drift 2.

Robinhood lands steep 60% discount on $170M exchange acquisition: Report

The US-based stock and crypto trading platform has reportedly secured a 60% cut on the initial offer made to Ziglu due to poor market conditions.

A sharp drop in TVL and DApp use preceded Avalanche’s (AVAX) 16% correction

AVAX price gave up recent gains after correcting by 16% and the network’s declining TVL and DApp use suggest that the protocol is losing ground versus its competitors.

How can DAOs involve fans in filmmaking? Expert answers

Jake Fraser believes that DAOs can let fans get involved from the scriptwriting process to the selection of actors who will play in a film.

Celer Network shuts down bridge over potential DNS hijacking

The platform asked users to revoke token approvals for smart contracts in several blockchains, including Ethereum and BSC.

Law enforcement should give up trying to access everyone's data, says legal expert

Ahmed Ghappour explained that sanctioning ideas can lead to criminalizing harmless associations with no ties to other criminal conduct.

3 cloud providers accounting for over two-thirds of Ethereum nodes: Data

The data suggests that DeFi apps running on mostly centralized cloud providers may make Ethereum vulnerable.

Solana wallet fires up the grill to burn spam NFTs out of existence

The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers.

Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months

"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond.

3 strategies investors might use to trade the upcoming Ethereum Merge

Investors have been crafting their strategies for navigating the volatility that could arise as the Ethereum Merge takes place. Here are a few to consider.

Celebrities called out for shilling NFTs: Nifty Newsletter, Aug 10–16

A Polygon executive highlighted that NFT games have an advantage over traditional "money in, no money out" gaming business models.

Economic design changes will affect ETH's value post-Merge, says ConsenSys exec

Lex Sokolin said that post-Merge, DeFi projects will have to compete with the returns offered by the core ETH protocol.

Study: Insider trading occurs in 10% to 25% of cryptocurrency listings

The study found abnormal levels of return in a sample of tokens just before their listing announcement on Coinbase.

Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees

The Merge will still reduce the network's energy consumption by an estimated 99.5%.

Pushing Bitcoin to become more scalable with zero-knowledge proofs

Cointelegraph Research explains the EC-STARKs technology and discusses what this means for the cryptocurrency market.

Web3 gives creators in emerging markets a shot, says Faro Company CEO

Mehmet Eryılmaz said that Web3 opens up opportunities for creators to properly showcase their culture through films and music.

EthereumPoW team plans to freeze selected contracts, community pushes back

The PoW hard fork of Ethereum is being propagated by a set of miners, but many experts believe that the chances of it succeeding is very less.

Another depeg — Acala trace report reveals 3B aUSD erroneously minted

As the dust settles on another decentralized finance exploit, Acala continues to trace tokens that were erroneously minted after a misconfiguration in a newly launched liquidity pool.

What is CeDeFi, and why does it matter?

CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use.

BNB Chain aims to raise 30K new Web3 developers across Latin America in 2022

BNB Chain prepares to launch a Web3 development course for Latin American students as the region continues to be a hub for adoption and crypto-related activity.

Tornado Cash ban could spell disaster for other privacy protocols — Manta co-founder

The ban of Tornado Cash in the U.S. could have ripple effects across Web3 protocols, particularly ones that offer privacy on the blockchain.

Google invested a whopping $1.5B into blockchain companies since September

Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata.

Bank of China unveils new e-CNY smart contract test program for school education

Under the pilot test, parents could enroll their children in after-school vocation programs via smart contracts.

Organizations look toward multiparty computation to advance Web3

Multiparty computation is being leveraged to ensure private key security and decentralization within Web3 platforms. But why use it?

Do Kwon breaking silence triggers responses from the community

While Tornado Cash developers are fearing for their lives, Do Kwon is "partying," according to podcaster Eric Conner.

Australian Securities Exchange takes step towards tokenized asset trading

“There's a strong value proposition here that we can essentially tokenize any asset and bridge that into the ASX ecosystem,” said Zerocap CEO Ryan McCall.

19 celebrities called out by consumer watchdog group for shilling NFTs

Consumer watchdog group Truth in Advertising says celebrities promoting non-fungible tokens (NFTs) on their social media channels is an area "rife with deception."

Only 50 or so profiles out of 7,000 Binance employees on LinkedIn are real, says CZ

LinkedIn crypto scams typically start off with unsolicited token listing offers from LinkedIn users claiming to be from reputable crypto exchanges.

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