Governance
IRL
The future of social media and protecting user data in web3 w/ Lens Protocol and the Aave companies
CryptoSlate's Akiba speaks to the Head of Growth for the Aave companies, Christina Beltramini, about the future of social media in web3, the reasons why it is needed, and how users can protect their data by migrating to web3 social.
Regulation
Coinbase CEO Brian Armstrong says ‘the more regulation there is for crypto, the better it is for Coinbase’
Coinbase CEO Brian Armstrong said on an Aug. 9 earnings call that the company is keen to see "common sense frameworks for regulation" next year within the United States.
Hacks
Curve Finance front end UI compromised following DNS hack – users advised to exercise caution
Over $500k has been stolen from Curve finance as the front end is compromised through an attack taking control of its nameserver.
Earnings
Coinbase reports $1.10B loss in Q2 as assets on exchange slump
Coinbase reported the biggest loss ever in Q2, losing more than $1B over the past 3 months. Assets held on the exchange also fell to just $96 million.
Privacy
Circle ‘blacklists’ all Tornado Cash ETH addresses effectively freezing USDC
Circle's USDC has "blacklisted" all Ethereum addresses owned by Tornado Cash listed in the US Treasury Department's sanction against the protocol.
NFTs
Vitalik proposes private NFTs using ‘stealth addresses’ to hide owner’s identity
Vitalik Buterin suggests an idea to use stealth addresses to hide the identity of NFT owners without the need for ZK-SNARKs or Merkle trees
IRL
How to analyze on-chain data with Nansen to find your own alpha for trading and investing
CryptoSlate spoke to lead analysts at crypto data platform Nansen to talk market reversal, using on-chain data, smart money analysis, NFTs, and gaming.
Culture
Anonymous may have set sights on BAYC for alleged connections to Nazi imagery
An Anonymous Facebook account has aligned itself with Ryder Ripps in his pursuit to "out" BAYC as having roots in Nazi symbology declaring "expect us" in reference to Yuga Labs.
Investments
Bitcoin Stock-to-Flow model creator PlanB promotes ‘quant investing’ via ByBit to ‘100x’ HODL strategy
PlanB, the creator of the S2F model for Bitcoin is promoting copy trading on ByBit to followers claiming 100x returns compared to HODLing
Price Watch
Ethereum breaks $1.8K first time since June crash – up 104% from local market bottom
Ethereum has rallied 104% since reaching lows of $882 in June to reach $1,800 for the first time since early June
Academia
Researchers say they discovered consensus level attack on Ethereum — miners cheating the system to earn more
At its core, the paper highlights an issue where miners can change the timestamp related to a mined block to avoid increased difficulty on the network.
Adoption
Wells Fargo: Digital assets are an “innovation on par with the internet, cars, and electricity”
Wells Fargo, a banking household name, just released a special report stating that digital assets are as innovative as the discovery of electricity.
