WEEKLY NEWS ROUNDUP
TOP STORIES
Magic Eden Makes Creator Royalties Optional
Magic Eden, the largest marketplace for #NFTs on the #Solana blockchain, announced on Friday that it will switch to having optional creator-set royalties on NFTs sold on the platform. Read more…
Mango Exploiter Returns 67M From 114M Drained
The settlement agreement, according to Eisenberg, ensures that once the #Mango team “finishes processing,” all users of Mango “will be able to access their deposits in full with no loss of funds.” Read more…
Coinbase Threatens to Sue Crypto Traders After Pricing Glitch
On August 29, the lari, Georgia’s local currency, was priced at $290 rather than $2.90 for around six hours on Coinbase. During these hours, 1,000 Coinbase users in Georgia had exploited the event, as it can be seen as an “arbitrage opportunity”. Read more...
Kanye West Sets Sights on Parler
Parler tweeted that Kanye West, who supported the former US President Donald Trump, will acquire the platform, stating that “the acquisition ensures Parler a future role in creating an uncancelable ecosystem where all voices are welcome.” Read more…
137-Year–Old Brand Makes Bored Ape Playing Cards
Bicycle Playing Cards, established in the 1880s and now under parent company Cartamundi, announced their purchase of a Bored Ape #NFT with plans to create & sell physical playing cards based on the Ape artwork.?Read more...
Fidelity Digital Assets to Offer ETH to Institutional Investors
"Investors will be able to buy, sell and transfer ether, accessing the same operational excellence, robust security, and dedicated client service model provided for bitcoin investments today...” Read more…
South Africa Declares Crypto as a Financial Product
South Africa is ranked 30th amongst #cryptocurrency adoption, according to the Chainalysis 2022 Global Crypto Adoption Index. The nation’s crypto holders are estimated to be up to 10-13% of its population. Read more…
UK Law Commission Closes In on Crypto Regulation
The Law Commission’s initiatives couldn't have come at a better time, given that the U.K. government is committed to transforming the country into a global center for #crypto. Read more…
Check Out Some Long Reads Below
All You Need to Know About Wrapped Ethereum
With wrapping, coins from blockchains are tokenized by being “wrapped” with a blockchain’s token standards. A tokenized coin can be used on more platforms within a blockchain network. It’s time to get familiar with wrappedETH?
What is Aptos?
With the mission to create the safest and most scalable L1 blockchain on the market, Aptos Labs, is seeking to achieve the next production-ready blockchain with the potential to reshape the landscape. In this feature, we take a look at the implications of this lofty goal