Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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NFT news
- MEW (MyEtherWallet) has launched a mobile non-fungible token (NFT) Manager within the MEW wallet app. The solution is described as a user-friendly way to access NFTs on the go with Apple or Android mobile devices.
- The creative incubator and artist mentorship collective HIFI Labs is taking applications for the next session of its Web3 Artist Cohort Program. The program is aimed at helping emerging artists overcome obstacles such as access to money, information, and strategic counsel, an announcement from HIFI Labs said.
- An NFT collection inspired by the famous art piece Banksy Walled Off Hotel Box Set will be sold exclusively on the NFT marketplace Magic Eden in September, per an announcement.
- Crypto-focused social media app Chingari has announced the launch of Creator Cuts, a marketplace created specifically for video NFTs.
Legal news
- The crypto lender Hodlnaut, which froze withdrawals earlier this month, has denied that it is the subject of a police investigation in Singapore. The company clarified in a statement that it is involved in two separate legal proceedings in Singapore, but no police investigation.
- Hodlonaut (Magnus Granath), a popular crypto influencer and editor of bitcoin magazine Citadel21, said in a tweet that he has received BTC 52.679 and USD 30,000 in donations from 1,891 people ahead of a September 12 court appearance in Norway. The donations included a single BTC 47 (USD 1m) anonymous donation. Hodlonaut is involved in a legal battle with Australian computer scientist and Bitcoin SV (BSV) founder Craig Wright who claims to be Bitcoin (BTC) creator Satoshi Nakamoto.
- A group of claimants against the crypto lender Celsius (CEL) has joined forces to retain legal representation and form an ad hoc group in bankruptcy hearings to try to get their money back. “A F”, an active member of the group, has said that group members’ money was trapped in a “withhold account” meant for users who cannot use custody accounts for regulatory reasons, Forkast reported on Tuesday.
Security news
- Developers behind Sudorare, an NFT platform forked off of the major NFT marketplace LooksRare, have reportedly run away with more than USD 800,000 worth of user funds in the latest crypto ‘rug-pull’. The news was widely shared on Twitter, where one user called the project “an obvious rug.”
DeFi news
- The liquid Ethereum (ETH) staking protocol Swell Network launched its mainnet at 00:00 UTC on Tuesday, an announcement from the team behind the protocol said. Today’s launch marks the first phase of a four-phased launch for the project.
Blockchain news
- Blockchain infrastructure provider TheWatch announced on Tuesday that its products WatchData and WatchBlock have been updated to support Ethereum’s Merge.
Investment news
- Decentralized social media platform Quivr announced that it has raised USD 3.55m in a seed round led by Infinity Ventures Crypto, with participation from Chinese tech giant Tencent founder Jason Zeng, C2 Ventures, Sfermion, and FBG Capital. The investments will be used to prepare for a public launch of the platform, the announcement said.
- The Southeast Asia-focused Web3 media startup Avium has raised USD 2m in pre-seed funding from strategic investors, per an announcement. Among the investors in the round were Saison Capital, East Ventures, Mirana Ventures, and angel investors Ricky Ow and Hepmil Media Group.
Regulation news
- US-based crypto exchange CoinZoom announced that its Bermuda-based subsidiary CoinZoom Global, Ltd. has been granted a license under the Digital Asset Business Act (DABA) from the Bermuda Monetary Authority (BMA), allowing the exchange to serve as a trading platform for non-US customers. CoinZoom Global, Ltd. is now able to operate in Bermuda as a digital asset exchange, providing custodial wallet services and margin trading for digital assets.
