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.
Bear Market
Crypto community wants new Do Kwon interview because it learned ‘nothing’ from first
According to the community, the interview was more of a public relations stunt and a damage control attempt.
Regulation
Federal Reserve to finalize guidelines on crypto access to master account
The Fed Reserve said it will issue new guidelines to review master account applications, which will ensure transparent and consistent decisions.
Adoption
New Brazil bill wants to tokenize mined gold on blockchain
The bill will bring more transparency to Brazil’s gold mining industry.
Privacy
Monero enhances privacy, security features with new upgrade
The Monero community has remained focused on enhancing the protocol's privacy and security features despite increased scrutiny from regulators on privacy tokens.
Stablecoins
USDT supply up almost $2B over 30 days, USDC supply falls after blocking Tornado Cash linked wallets
Coingecko data showed that USDT's supply rose by 2.6% in 30 days to $67 billion, while USDC declined 2.1% to $53 billion.
NFTs
Hacktivist group Anonymous promises to investigate BAYC
The hacktivist group said it would conduct its investigations into the allegations against BAYC to ascertain their authenticity.
Bear Market
Siacoin creator Skynet to keep operating despite announced shutdown
Siacoin creator Skynet to keep operating despite the CEO blaming the company’s failure to focus on several things at once, making it difficult to develop one solid product.
Technology
Researchers discover vulnerabilities in Bitcoin layer-2 Lightning Network
The researchers said the two attacks exploits congestion on the Bitcoin blockchain to cause damage on the Lightning Network.
Legal
Netherlands arrests suspected Tornado Cash developer
The Dutch Fiscal Information and Investigation Service revealed that it started a criminal investigation into Tornado Cash in June because it suspected that the protocol was being used for illegal activities.
DAOs
MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum
Buterin has called MakerDAO’s idea of converting its reserve into Ethereum a “risky and terrible idea.”
People
Mati Greenspan joins WUBITS as senior adviser
Greenspan would advise the web3 social platform on how it can accelerate its user adoption and emerging market trends.