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Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter

Flyhightechno July 31, 2024News

Two artists have taken legal action to demand clarification from the SEC over the status of NFTs. Source link

Daylight secures $9M funding for distributed energy, testnet launch

Flyhightechno July 31, 2024News

Daylight’s testnet will allow users to plug in distributed energy devices such as smart thermostats, solar inverters, batteries, electric vehicles and chargers and energy monitors. Source link

Arthur Hayes reveals philosophy behind ‘Airheads’ Ordinals collection

Flyhightechno July 31, 2024News

Users can choose to complete quest-like directives to receive Airheads or outright purchase the inscribed art through a “Whale Pass.” Source link

‘Elon Musk at Bitcoin 2024’ scam, Lazarus Group hacks, MOG phishing: Crypto-Sec

Flyhightechno July 31, 2024News

Deepfake Elon Musk Bitcoin 2024 livestream, MOG holder phished for $148K, stupid ransomware backdoor in ESXi server software. Crypto-Sec. Source link

Yield-bearing Treasury-backed stablecoin USDY launches on Aptos

Flyhightechno July 31, 2024News

Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization. Source link

India’s Web3 alliance tightens cybersecurity after Wazirx attack

Flyhightechno July 31, 2024News

The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance. Source link

BlackRock battles Bitwise as new Ethereum ETFs struggle to gain traction

Flyhightechno July 31, 2024News

While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts. Source link

How Liquid Restaking Tokens are revolutionizing DeFi

Flyhightechno July 31, 2024News

The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024. Source link

Over 70% of hacked funds are lost to CeFi entities — Cyvers

Flyhightechno July 31, 2024News

Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers. Source link

Tether dominates with $113B post-SVB collapse — IntoTheBlock

Flyhightechno July 31, 2024News

Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard. Source link

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