Layer-2 monthly active users and daily transaction counts have both doubled since March 2024, according to Token Terminal. Source link
New Web3 wallet rolls out decentralized crypto inheritance
DeTrust Wallet will enable the creation of complex inheritance plans, including designated spending funds. Source link
Crypto whales like Humpy are gaming DAO votes — but there are solutions
Despite promises of decentralization, DAOs remain at the mercy of large tokenholders whose inactivity can be just as dangerous as their involvement. Source link
Qatar introduces regulatory framework for digital assets
Qatar’s central bank governor believes that the framework will bring opportunities to the country’s financial sector. Source link
Monthly NFT sales fall below $400M, marking yearly low
NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million—the lowest this year. Source link
HashKey and Kaia partner to boost Web3 adoption in Asia
HashKey Group and Kaia collaborate post-rebrand to accelerate Web3 adoption, coinciding with the Kaia-Finschia merger and new mainnet launch. Source link
Crypto liquidations may be way worse than data has let on, suggest researchers
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research. Source link
Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings. Source link
Cardano’s Chang hard fork successful as it shifts to decentralized governance
The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process. Source link
Vitalik Buterin has radical scheme for the pseudo-decentralization of entire cities
The Ethereum creator’s utopia seems a lot like a decentralized autonomous organization, but with taxes. Source link