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Crypto needs ‘enabling environment,’ Philippines central bank says

The Philippine central bank sees the potential of crypto to improve domestic and cross-border payments, but the authority is still negative to crypto as a legal tender.

Samsung Next exec argues Web3 projects must face the challenge of utility

Raymond Liao believes 2022 is a good time for product builders and investors to focus on the Web3 space.

Celestia: Launching a blockchain to be as easy as deploying a smart contract

New crypto project wants to give online communities their own sovereignty by easily deploying their own blockchain with their own rules

Velodrome recovers $350K stolen funds from team member Gabagool

While many community members came in support of the prominent coder, Gabagool owned up to the allegations made against him following Velodrome’s investigation.

BlueBenx fires employees, halts funds withdrawal citing $32M hack

BlueBenx’s lawyer, Assuramaya Kuthumi, revealed that the attack resulted in the loss of $32 million, which many investors found hard to believe.

Coinbase posts $1.1B loss, Polygon DApps rocket 400% in 2022 and Elon Musk says inflation is on the decline: Hodler’s Digest, Aug 7-13

The Merge: Top 5 misconceptions about the anticipated Ethereum upgrade

Clear the fog around the most significant upgrade in the history of Ethereum, The Merge. Here are five misconceptions that stand out among the rest.

Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022

Since July 2022, the Bitcoin ecosystem recovered across numerous determinants, including miners’ revenue in dollars, network difficulty and hash rate.

Talking with Eva Kaili, VP of the European Parliament, on MiCA regulation

The vice president of the European Parliament shares her perspective on the European Union’s Markets in Crypto-Assets legislation and how it would affect the industry.

Russia plans to roll out digital ruble across all banks in 2024

Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024.

Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode

The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token.

Dutch authorities arrest suspected Tornado Cash developer

The Dutch Fiscal Information and Investigation Service doesn't rule out multiple arrests in its ongoing criminal investigation against the crypto mixer Tornado Cash.

Three-quarters of institutions to use crypto in the three years: Ripple

Ripple's new Value Report on enterprise crypto and blockchain highlights NFT, blockchain and CBDC utility in business settings.

Binance recovers the majority of funds stolen from Curve Finance

Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds.

Web3 helps Taiwan secure information against cyberattacks

In an effort against Chinese cyberattacks, Taiwan employs Web3 technology for decentralized file sharing post-Pelosi visit.

Ethereum whale transactions peak at 2-month high amid Goerli testnet merger

ETH price reached a new 2-month high of $1,919 as institutional inflows saw seven straight weeks of inflows even when Bitcoin has seen a net outflow in the same period.

How do you pick your next NFT? Community responds

Redditors discussed various strategies on how they pick the next NFT collection they will invest in.

OpenSea introduces new stolen item policy to combat NFT theft

A Twitter user claimed that they purchased a stolen NFT and OpenSea support advised them to sell it on another marketplace.

21-year-old got ‘thought-provoking’ questions after teaching crypto to old folks

When the 21-year-old Quai Network marketing associate was asked to present a crypto class to residents of an assisted living community, he was more than happy to oblige.

MakerDAO should 'seriously consider' depegging DAI from USD: Founder

In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC.

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