Blockchain
Crypto OTC Desks Now Hold Over $22B in Bitcoin: CryptoQuant
Miners often turn to OTC deals to sell bitcoin, CryptoQuant noted.

Protocol Village: Nym's VPN App Moves to Public Beta, GenLayer Raises $7.5M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 15-21.

Protocol Village: ARPA's Randcast Launches on Taiko, Coinbase Promotes 'cbBTC'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 8-14.

Australia's Securities Regulator Sues ASX for Misleading Statements About Blockchain Project
ASIC sued on Tuesday and has not yet determined what penalty it will be seeking, but the Australian Financial Review (AFR) reported that ASX faces a maximum penalty of more than A$500 million.

How DePIN Revolutionizes Crypto and Beyond
CoinDesk's Jennifer Sanasie breaks down the developments in DePIN and how it utilizes blockchain technology to manage physical infrastructure resources in a decentralized manner. Plus, how this technology could potentially revolutionize the monopoly of big tech and utility companies.

Crypto Project Essential Raises $11M for 'Declarative, Intent-Based' Blockchain
The investment was led by Archetype and included contributions from IOSG, Spartan, Amber Group and Big Brain Holdings

Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue
The Canto team said a fix will be deployed on Monday at 12:00 UTC.

Protocol Village: Metis Decentralized Sequencer Onboards Hashkey, EVM Explorer Blockscout Raises $3M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 1-7.

Ether Slides 20% as Trading Firm Moves $46M in ETH
A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

Bitcoin Risk-Reward Remains Compelling Even After Price Surges 100% in a Year
Long-term holders are motivated to hold at bitcoin's going market rate, implying an attractive risk-reward for existing or potential investors, according to the "reserve risk" indicator.

