Market
Bankruptcy
Voyager creditors rejects bonus plan for 38 employees
Voyager creditors have argued that the employees are well compensated and there is no evidence that they want to resign.
Technology
Cardano developer reveals bug in node version 1.35.2
Dean said the "rushing" of the Vasil hard fork makes him uneasy, saying the Cardano network was close to hitting a "nuclear rock."
Research
Research: Gold’s value fell amid war, record inflation and potential recession – is Bitcoin a better hedge?
In the last five years, Bitcoin's value has grown over 400% versus the value of gold, which only appreciated 35% during the same period.
People
Ripple’s community turns on Vitalik Buterin over XRP tweet
Ripple CTO David Schwartz said Bitcoin and Ethereum were securities, with other community members poking fun at ETH gas fees.
Regulation
South Korea to block 16 unregistered foreign crypto exchanges
South Korean government officials say the foreign exchanges could be used to carry out money laundering acts and their users’ data are not safe.
People
Bitcoin advocate claims Vitalik Buterin does not understand PoW
Brandon Quittem highlighted that the proof-of-stake consensus is at the risk of centralization, censorship while also arguing that PoW has a lower barrier of entry.
Layer-2
Optimism price slides 9% after $450M worth of OP tokens transferred from multisig
The crypto community has lashed out at Optimism's team for not making an announcement about the transfer beforehand.
Privacy
Coinbase will shut down staking service if regulators mandate censoring transactions
Coinbase's staking services are a high growth area and generated 8.5% of its revenue in the second quarter.
Legal
Do Kwon hires lawyer in preparation for defense in South Korea
Do Kwon recently claimed South Korean prosecutors were yet to contact him nor file any charges against him.
Merge
Ethereum Foundation addresses misconception around gas fees in new Merge update
The Ethereum Foundation wrote that the merge will not reduce Ethereum gas fees because it is a "change of consensus mechanism" and "not an expansion of network capacity."
DAOs
Aave DAO urges members to commit support for Ethereum’s PoS merge via governance proposal
Aave developers believe that no Ethereum fork running on an alternative consensus can effectively sustain a viable Aave market.
Layer-2
Crypto investments fund founder says Polygon is ‘highly insecure & centralized’
Justin Bons recommended that Polygon should become decentralized, by following its State of governance report.