Messaging app Telegram endorsed TON network as its blockchain network of choice for Web3 infrastructure, boosting the TON token price by 7%.
Decentral Block Post
Blockchain active users can be misleading metric: Crypto data scientist
0xScope co-founder Philip Torres says it doesn’t take much effort to spin up thousands of blockchain wallet addresses and pump up user metrics.
NYU law professors argue ‘personal growth bets’ using smart contracts should be legal
The duo’s paper says self-contracts can help you quit smoking or lose weight, but incentives such as putting a bomb in your skull would surely test the limits of the law.
CoinEx exchange suspected of being hacked as $27M worth of crypto moved
A CoinEx hot wallet transferred $27.8 million of various tokens to a wallet with no previous history, leading experts to suspect a cyberattack.
MetaMask Snaps to let users interact with Solana DApps through Solflare
Solflare co-founder Filip Dragoslavic said that the integration removes the “friction” that prevented potential users from entering the Solana ecosystem.
Bitcoin ETF optimist and Worldcoin skeptic Gracy Chen: Hall of Flame
Gracy Chen is managing director of crypto exchange Bitget and judge of Web3 reality show Killer Whales.
Manta Network’s L2 hits mainnet to drive ZK-enabled DApp development
Manta Network has launched its zero-knowledge proof layer-2 scaling network, which promises lower fees and higher throughput for developers looking to deploy decentralized applications.
Former Celsius CEO Mashinsky seeks dismissal of FTC case
Former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S regulatory agencies.
Venture capital exec says ‘lack of innovation’ drives funding away from crypto
Foresight Ventures partner Tony Cheng said that most of the narratives like layer-2 solutions, zero-knowledge tech and nonfungible tokens have already "played out."
Bitget exec says KYC is useful to filter out illegitimate users
Bitget managing director Gracy Chen said that if users are not doing illegitimate activities like money laundering, they should be "pretty comfortable" with the KYC process.
CNA Insurance excludes NFTs from coverage of $20M trust policy
The insurer attached an exclusion saying that any losses, damage, claim, occurrence or lawsuit related to NFTs are not covered by the policy.
Hackers behind $41M Stake heist shifts BNB, MATIC in latest move: CertiK
A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche.
Banana Gun’s failed contract passed 2 audits, but ChatGPT found the bug in seconds
Banana Gun’s newly launched token plummeted more than 99% within three hours of its launch after a bug was discovered in the token's contract.
BIP-300 biff: Debate reignites over years-old Bitcoin Drivechain proposal
The proposal would allow other blockchains built on the Bitcoin network. In August, a core developer rewrote the proposal's code and requested it be added to Bitcoin's codebase, sparking new debate over its merits.
Bitget announces further $100M fund for ecosystem development
The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia.
Crypto companies form Texas blockchain group to advocate for clear regulations
a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations.
How Web3 improves data storage: GhostDrive joins Cointelegraph Accelerator
FileCoin-based data storage app GhostDrive focuses on user experience and encryption features.
Aave v3 fork debuts noncustodial liquidity markets on Base
Seamless Protocol, a fork of Aave v3 deployed on Base, enables smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain.
6 Questions for Kei Oda: From Goldman Sachs to cryptocurrency
Kei Oda spent 16 years trading bonds for Goldman Sachs — a life that eventually bored him. That was when he turned to cryptocurrency.
Sam Bankman-Fried's lawyers request pre-trial release citing poor internet connection
Former FTX CEO Sam Bankman-Fried's bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility.