DAO governance is still a pain and two recent projects have struggled with “raiders” overtaking their organizations. Source link
Telegram and Helika Gaming unveil $50M gaming accelerator with Notcoin
The accelerator program aims to foster innovation among game developers, leveraging the Ton blockchain to enhance Telegram’s gaming ecosystem. Source link
Nigerian SEC mandates local offices for crypto firms
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring. Source link
Bitcoin will crash to $50K, 10x Research warns
According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows. Source link
Vitalik Buterin opts for faster Ethereum, EIP-7732 gives hope
EIP-7732 aims to make things easier for Ethereum validators by splitting their tasks and creating a committee to check if transactions are revealed on time. Source link
Nigeria plans nationwide AI and blockchain research centers
The research centers count as another step toward taking a leadership position in artificial intelligence (AI) development in Africa. Source link
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities. Source link
DWF Labs launches $20M fund for Web3 projects in China
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions. Source link
Coinbase cites Binance BNB token precedent in SEC petition
“Rulemaking is required here because the SEC has adopted a novel and sweeping, yet still indeterminate, view of the securities laws,” attorneys wrote. Source link
Authy 2FA app leaked phone numbers that may be used for text phishing
Twilio, the developer of the Authy authenticator app, said user phone numbers were leaked to attackers, but accounts themselves were not compromised. Source link