FFATH ๐ช๏ธ Tornado Cash Full Story ๐ BlackRock โ๏ธ EU NFT Regulation
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Headlines
๐ BlackRock launches spot Bitcoin private trust after Coinbase partnership
โ๏ธ Uzbekistan blocks foreign crypto exchanges including Binance and FTX
โ๏ธ NFT will be regulated like cryptocurrencies under EUโs MiCA Law
๐บ Netflix Builds โGray Manโ metaverse experience in decentraland
๐ Lido offers Staked Ether on Loopring and other Layer 2
๐ฑ Samsung partners with Theta Labs
๐ Nvidia ups its metaverse bet with new tools for developers
๐ South Korean web 2 metaverse platform Zepeto gets a web3 makeover
๐ฎ Paris Hilton x The Sandbox
๐ Table tennis goes crypto
โฝ Real Madrid and Barcelona united to jump into crypto and metaverse
๐ Reddit is launching its community points system on chain
๐ Tiffany sells out all 250 'NFTiffs' for $12 500 000
๐ Nas Academy to launch token-gated web3 courses
Featured Story
๐ช๏ธ US Treasury Blacklists Tornado Cash - What Does This Mean For The Future
๐ As everyone already knows crime is bad. Itโs one of the jobs of governments to make sure everyone plays fair. Recently, the US Treasury blacklisted Tornado Cash, a crypto-mixing service designed to obfuscate identities and the sources of funds. According to the Treasury Department, Tornado Cash has been a critical tool used by a North Korean hacking group known by many cool names. Lazarus Group, Guardians of Peace, Whois Team, and my personal favorite; Hidden Cobra.
๐ฆ In order to disrupt their nefarious activities, the United States has done what it can to cease the tools these hackers use to transfer capital. Userโs of Tornado Cash living in the United States may now find themselves in a bit a pickle.
๐ฎ Part and parcel to this, the Fiscal Information and Investigation Service of the Netherlands arrested the 29 year-old developer of Tornado Cash who wrote code to keep usersโ identities private.
๐ฅถ Furthermore, Circle froze 75,000 USDC belonging to unsuspecting Tornado users. Following this decision several actors of the ecosystem have restricted their user interface to the addresses affected Tornado Cash ban; Infura, Alchemy, AAVE, DYDX, Balancer, Uniswap, Oasis. TornadoCash Github accounts and codebase have been entirely removed.
People can still send their tainted ETH to Maker DAO, in order to mint DAI and avoid US sanctions. So now Maker DAO is considering to shut down. The loss of an actor like Maker DAO would be terrible for the entire ecosystem. And they already know that they will have to remove USDC from their collaterals in order to remain decentralized.
๐ต๏ธ But there are legitimate reasons to keep transactions private. Vitalik Buterin said the need for privacy from Russiaโs government led him to use Tornado Cash to donate to the Ukraine.
In what seems like an act of protest, an anonymous Tornado user has been sending small amounts of Ether to the publicly known crypto addresses of Logan Paul, Randi Zuckerberg, Jimmy Fallon, Steve Aoki and others like Justin Sun who could not access AAVE anymore.
โ๏ธ This case allows us to ask ourselves the right questions about decentralization, freedom of speech and the right to privacy.
๐ฝ โThose who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.โ Benjamin Franklin
Insider News
๐ฅ The Ethereum Merge has been scheduled for TTD 58750000000000000000000 (Or Sept 15-16th)
๐ ETH forks since day 1
๐ท Snapple Created a Bodega in the Metaverse
๐ Why not use Zcash over Tornado ?
๐ Chainlink will not support forked versions of the Ethereum blockchain
๐ DAI will abandon USD peg for decentralization
๐ฅค Coca-Cola airdrop
๐ฎ The GameStop wallet is now fully integrated with Immutable X
๐ Vitalikโs idea
โ๏ธ Binance recovers $450k from Curve Finance hack
๐ฎ Animoca Brands releases the TOWER Token
๐ต This week in music NFTs
๐ StarGarden from Solana to Polygon
๐ Arbitrum Nova is now live
๐ OpenSea introduces new stolen item policy to fight NFT theft
๐ Beanstalk stablecoin relaunches
๐ Clearpool integrates with LayerZero to enable cross-chain bridging of CPOOL Tokens
๐ Aptos whitepaper
๐ Intern notes on the latest StargateFinance
๐ Aura Mainnet will be launched on October 1st, 2022
โ ๏ธ Hotbit Crypto Exchange Suspends Service
โ ๏ธ Hodlnaut has frozen withdrawals
๐ Martin Shkreli rug pulled a crypto token he launched last month.
Reads
๐ POW VS POS
๐ How Is Smart Money Playing The Bounce?
๐ Ground Up Guide: zkEVM, EVM Compatibility & Rollups
๐ Unlocking NFT Liquidity
๐ Sui : A boundless platform to build rich and dynamic on-chain assets
Data
๐ July report in GameFi
๐ Polkadot ecosystem weekly digest
๐ July NFT data
Builder and tools
๐ ๏ธ Developing solana programs in python
๐ ๏ธ Sui Aptos and Starkware
๐ ๏ธ Register to The Ultimate Guide to Building Fullstack Dapps
๐ ๏ธ Modular Fellows by Celestia, apply here
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