Too many blockchains and less funding for the industry? Plus, Sui’s randomness feature for gaming developers: Web3 Gamer Source link
Riot Platforms urges Bitfarms board changes ahead of crucial October meeting
Riot Platforms urges further changes to Bitfarms’ board, proposing two independent directors ahead of the Special Meeting. Source link
Justin Sun implements 100% onchain buyback for SunPump
Justin Sun’s SunPump community abandons LP token burning in favor of a more transparent, onchain buyback and burn process. Source link
New zero-KYC proposal aims to secure P2P crypto transactions
A Reddit user’s draft proposal aims to prevent MitM scams in P2P cryptocurrency markets by securing transactions without KYC. Source link
WazirX hacker moves $6M in crypto to Tornado Cash
A wallet address associated with the WazirX hacker has transferred $6.5 million worth of stolen ETH to Tornado Cash as the exchange opens up withdrawals to users ahead of time. …
Vega Protocol proposes shutting down chain and launching new token
The decentralized trading blockchain Vega Protocol says it expects its alpha mainnet chain to stop within the next three months. Source link
Why is the SEC going after digital art and monkey pictures? Law Decoded
OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world. Source link
Ethereum layer-1 network revenue collapses. What's causing it?
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