Sony Block Solutions Labs, a year-old joint venture between Sony Group and Startale, has introduced an Ethereum Layer-2 blockchain to lure app developers across various sectors. Source link
Bitcoin avg transaction fee rises 937.7% in 24 hours
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users. Source link
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi. Source link
FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pled guilty to using the funds to fund his online gambling habit. Source link
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express Source link
Metaverse pioneer and movie VFX team unite for blockchain project
Wētā Workshop is known for its special effects work on movies like The Lord of the Rings and The Hobbit. Source link
Former TON Foundation execs establish new community initiative
The newly launched TON Society will manage events and channels for The Open Network, driving community participation and decentralized governance. Source link
Franklin Templeton expands blockchain fund to Avalanche network
Franklin Templeton has expanded its pioneering blockchain-integrated money market fund to Avalanche, broadening institutional investor access to digital finance. Source link
Nearly 80% of hacked cryptocurrencies never recover in price — Immunefi
Crypto protocols usually sustain real damage after the exploit occurs, but some tokens are more resilient. Source link
AI drone ‘hellscape’ plan for Taiwan, LLMs too dumb to destroy humanity: AI Eye
Skyfire launches crypto payments network for AI agents, Trump deepfakes ‘just memes,’ drone swarms to be unleashed on China: AI Eye. Source link