Cointelegraph

⁠‘We need to learn what regulation works and what holds us back’ — hedge fund exec Jaime Baeza said that the fast-paced environment and regulatory uncertainty are some of the challenges institutions face in Web3.

⁠Russian PM takes cue from Iran’s crypto payment permit for imports The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said.

⁠Organizations bring Africa, Costa Rica and Ukraine to the Metaverse to raise awareness Web3 users will soon be able to experience Africa, Costa Rica and Ukraine in the Metaverse, as organizations recreate virtual enviro…

⁠DEX accidentally hits ‘kill-switch’ on mainnet, locking 660,000 USDC inside The deployment of a program upgrade went terribly wrong as a fateful “Solana program close” command stopped OptiFi's platform indefinitely.

⁠Indonesian e-commerce giant buys local crypto exchange for $8 million By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become "a diverse money management hub."

⁠Singapore state investor leads $100M round for crypto firm Animoca: Report Both parties participated in a $200 million funding round for the Australian NFT Immutable in March 2022.

⁠Wanted Turkish crypto exchange founder detained in Albania Albanian authorities have Faruk Fatih Özer in custody, waiting for questioning and cooperation with the Turkish government.

⁠Aave community proposes to temporarily suspend ETH lending before the Merge The governance vote to approve the pause will commence on Aug. 30, 2022, and end on Sept. 2, 2022.

⁠Fireblocks launches Web3 Engine support on Solana The blockchain unicorn created Web3 Engine as a developer tool set targeting DeFi, GameFi and NFT products and services.

⁠BTC price top warnings emerge as 10K BTC leaves wallet after 9 years Coins which last moved in the "lawless era" are liquid again, and on-chain data shows such events mark macro BTC price tops.

⁠Hodlnaut now placed under creditor protection after freezing withdrawals Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions.

⁠Iranian businesses get the green light to use crypto for imports Iran's Trade ministry has approved the use of cryptocurrency payments for imports in a bid to bolster trade in the country.

⁠Bored Ape prices are down, but the NFT market is headed for new heights One study indicated the NFT market is headed for a $230 billion valuation by 2030 — an increase of more than 20 times compared to its height in 202…

⁠Frida Kahlo art finds permanent home in the metaverse Art, artifacts and untold family stories from the world-renowned Mexican painter Frida Kahlo are being digitized and uploaded to the metaverse.

⁠Binance Aus ramping up measures to protect vulnerable users, says CEO The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabil…

⁠Ethereum scaling network Arbitrum set for major upgrade on Aug. 31 The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years.

⁠'Most of crypto is still junk' and lacks use case — JPMorgan blockchain head JPMorgan’s Umar Farooq said that use cases haven't arisen fully and regulation hasn't yet caught up.

⁠Argentina's Mendoza province now accepting crypto for taxes and fees The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24.

⁠Ripple counsel: SEC's shakedowns leave consumers holding the bag The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space.

⁠FBI issues alert over cybercriminal exploits targeting DeFi Smart contracts governing DeFi platforms identified as a particular cause for concern for the enforcement agency.

⁠Lawyer Roche alleges statements he made about Ava Labs are false, the result of intoxication He claims that the recordings were a setup by a third party to discredit the lawyer and his firm, but the “whistleblowing” web…

⁠Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country.

⁠Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29 ASIC prepares to put crypto and DeFi firmly in its sights. Australia’s Northern Territory Racing Commission is preparing t…

⁠South Korean central bank eyes MiCA, says future regulations may allow ICOs again A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, stablecoins…

⁠Price analysis 8/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC Bitcoin bulls are fighting to hold the $20,000 level and several altcoins have seized upon the range-bound trading by rallying up to 10%.

⁠Meta announces Facebook and Instagram users can post NFTs from digital wallets “This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both," said…