Category: Uncategorized

Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company.

Binance Needs to Get Off Twitter

Balancer Depositors Pull Nearly 0M in Crypto After Vulnerability Warning
Ethereum-based DeFi major Balancer learned of a “critical vulnerability” that imperils a slice of the protocol’s user-deposited crypto.

BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance
BNB, formerly known as Binance Coin, dropped to as low as $204, lowest since late June 2022.

Meet Botto, the AI-Artist That Mints Its Own NFTs
Botto is part AI, part human community, part DAO, and part experiment on the way to artistic singularity. Jeff Wilser meets its creator, Mario Klingemann.

Privacy Mixer Tornado Cash Is an Entity, Judge Says

Crypto Exchange EDX Markets Taps Anchorage as Custody Provider
Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.

Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism

Starkware to Open-Source ‘Magic Wand’ of Its Zero-Knowledge Cryptography Next Week
The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.

FedNow Is a Reminder That Payments Aren’t Crypto’s Differentiator
Existing payments systems are hard to beat, but there may be niches where blockchain companies can play, says EY’s Paul Brody.