By CD Read more: CoinDesk The first sDAO bought plain old land; the second sDAO is buying more. But this time: land with trees.Publish at: August 30, 2022 at 02:20PM
Slow Ventures Raises Stakes on Crypto Governance with ‘Timber sDAO’
NFT Security Startup Tokenproof Raises $5M to Keep JPEGs Safe From Scammers
By CD Read more: CoinDesk “A lot of people talk about the utility of NFTs, but there hasn’t been the rails for the infrastructure to be able to unlock that utility in the real world,” Alfonso Olvera, CEO of Tokenproof told CoinDesk.Publish at: August 30, 2022 at 02:00PM
Thai SEC Hits Bitkub Executive With $235K Fine Over Insider Trading
By CD Read more: CoinDesk Thailand’s oldest commercial bank recently backed out of a deal to buy a majority stake in Bitkub citing unresolved regulatory issues with the country’s securities regulator.Publish at: August 30, 2022 at 01:43PM
BNB Chain Introduces Liquid Staking to Provide Crypto Users Access to Additional Income Streams
By CD Read more: CoinDesk BNB Chain, the blockchain of crypto exchange Binance, has introduced liquid staking. Liquid staking allows users to, in effect, earn a yield on their locked tokens by issuing new tokens with an equivalent value to the locked ones.Publish at: August 30, 2022 at 01:26PM
Solana-Based DeFi Protocol OptiFi Loses $661K in Programming Blunder
By CD Read more: CoinDesk OptiFi, a Solana-powered DeFi protocol that focuses on derivatives, accidentally closed its mainnet platform in a programming blunder, locking away $661,000 in USDC.Publish at: August 30, 2022 at 01:26PM
Singapore State Investor Temasek to Lead $100M Funding Round in Animoca Brands: Report
By CD Read more: CoinDesk Singapore’s state investment fund Temasek, one of the world’s largest investors, is to lead a $100 million funding round into non-fungible token (NFT) and metaverse investor Animoca Brands, Bloomberg reported Monday.Publish at: August 30, 2022 at 01:06PM
Stablecoin Tether Dismisses Wall Street Journal’s Claim of Inadequate Reserves
By CD Read more: CoinDesk Stablecoin issuer Tether has hit back at a Wall Street Journal article that claimed its balance sheet comprised of “unsafe assets.”Publish at: August 30, 2022 at 12:53PM
Ether, Bitcoin Could See Turbulence as Open Interest Leverage Ratio Soars to Record High
By CD Read more: CoinDesk “The rising ratio indicates open interest is outpacing market size and increases the risk of volatility,” one researcher said.Publish at: August 30, 2022 at 12:39PM
Founder of Turkish Crypto Exchange Thodex Arrested in Albania
By CD Read more: CoinDesk The founder disappeared in 2021, taking with him funds from 400,000 users.Publish at: August 30, 2022 at 12:15PM
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
By CD Read more: CoinDesk The Bank of Korea says domestic companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas.Publish at: August 30, 2022 at 12:10PM
