NFTs
Partnerships
Singapore’s DBS Bank enters the Metaverse with Sandbox Partnership
DBS Bank will extend its banking experience into the metaverse following its partnership with Sandbox.
People
Coinbase employee accused Cobie of spreading insider trading claim because of FTX
According to the allegation, FTX CEO Sam Bankman-Fried found evidence of insider trading at Coinbase and used Cobie's influence to spread the news.
Outage
Ethereum lead developer saved Avalanche from over $24B ecosystem crash
Péter Szilágyi on March 29, 2022, identified a bug in Avalanche's PeerList package which would have been easily exploited by a malicious actor.
Bankruptcy
Celsius borrowers oppose US Trustee’s move to appoint internal examiner
A group of borrowers have filed a motion arguing that in order to maintain transparency and unbiased assessment of Celsius' financials, a chapter 11 Trustee should be appointed.
Hacks
New Free DAO crashes 99% after $1.25M flash loan attack
The attacker was able to borrow 4481 WBNB and swapped it for NFD tokens amounting to $1.25 million. A sell-off of the tokens forced the price to crash by 99%.
Taxes
German crypto tax policy one of the best in the world – Coincub report
German residents are not required to pay capital gains tax on crypto assets held for over a year.
Regulation
US banks must maintain cautious approach to crypto, says acting OCC head
National banks and federal savings associations (FSA) intending to offer crypto must undergo stringent vetting processes.
Bankruptcy
Bankrupt crypto lender Voyager set to auction off its assets on Sept. 13
Voyager said it had received multiplied bids from over 22 parties interested in buying up its assets.
Regulation
Zipmex facing legal battle with Thailand SEC over non-compliance
Thailand's SEC has accused Zipmex and its CEO Eklarp Yimwilai of failing to submit complete information about transactions and wallets holding customers' asset prior to withdrawal freeze.
Legal
Law firms request removal of Roche Freedman in Tether case over allegations made in viral video
Roche Freedman said the allegations against Kyle Freedman are not sufficient to disqualify the entire firm.
Crypto
CryptoSlate Wrapped Daily: Bitcoin drops from key levels with whales on the move; Ethereum continues to gain ground with Bellatrix fork
Liquidations cross $100 million within 4 hours as BTC declines below $19k, Ethereum expects Paris upgrade as Bellatrix upgrade goes live and much more in this edition of CryptoSlate Wrapped Daily
Partnerships
PolygonLEAP accelerator program gives rise to 6 Web3 startups
Polygon-sponsored accelerator program has announced 6 winning projects that will share from a grand prize of $250,000.