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The jailed Tornado Cash developer has sparked controversy in crypto. Should open source contributors be held accountable for what others do with their creations? Source
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BNB Chain, a blockchain network created by crypto exchange Binance, and Latin America-focused education platform Platzi announced that they will be launching a Web3 development course for the region.By the end of the year, the course aims to be accessible to 30,000 students. Gwendolyn Regina, investment director at BNB Chain,
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The move is a textbook rug pull, a scam carried out by developers who launch a working decentralized finance (DeFi) application and carry out social media marketing to popularize it before issuing a token and listing it on a decentralized exchange (DEX). After investors have purchased the tokens in the
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“With Soulbound tokens, which are non-transferable, you can prevent dumping and unequal allocations, leading to better governance and fairer token distributions,” Buterin added, referring to the parts of the crypto world filled with opportunistic developers and rug pulls. Source
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Developers will also be able to partake in decentralized application (dapp) staking, a feature native to Astar. This allows users to vote on their favorite Astar dapps with its native token, ASTR, in order to earn rewards. This will encourage developers to build out apps on the protocol, said Garland. Source
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Other developers also suggested that a third-party dashboard could watch over the relays. The Flashbots team, the developers behind MEV-boost, are already working to create some kind of public monitoring system for MEV-activity. Ben Edgington, the lead product owner for Teku at ConsenSys, who is involved in the Merge development,
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The decentralized finance (DeFi) lending protocol will use Pocket’s distributed network to increase access for decentralized app (dApp) developers across 50 blockchain networks. See related article: DeFi lending platform Aave to ‘build Twitter on Ethereum’ Fast facts Pocket, which on Tuesday tweeted a Cryptox report on the partnership, offers Aave a distributed network
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Web3 gaming company UnCaged Studios has raised $24 million in a Series A equity funding round, with participation from Griffin Gaming Partners, Vgames, Maverick Ventures Israel, Drive by DraftKings and 6th Man Ventures, according to a press release Thursday. Source
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Nova is intended to be used for social applications and gaming, while the Arbitrum mainnet will continue to be available for NFT and DeFi projects. Source
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“The $GARI token was affected majorly on KuCoin,” developers said, referring to the crypto exchange. “The reason identified is the $2 million market sell order at 16:10 UTC on 4th July 2022, pushed the token price to $0.14 suddenly as the market maker didn't provide enough liquidity to handle it.” Source
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