Research
DAOs
Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe
According to a member of the Tornado Cash team, the DAO has been shut down as it "can't fight the US" and contributors are scared of being prosecuted
Censorship
DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash
Decentralization may be under attack as Aave, Uniswap, Balancer and more reportedly ban wallets which have interacted with Tornado Cash. A centralized dataset created by TRM Labs appears to be responsible for the accounts being banned.
DeFi
How to improve the user experience of DeFi to break away from the traditional banking system
Speaking to Red from Harvest, CryptoSlate's Akiba explores the UX improvements that need to be put into place to allow mass adoption of DeFi.
Research
Ethereum leads the charge against Bitcoin, rising 61% since June — Flippening price target at $3,750
Ethereum is up 61% against Bitcoin since lows of $877 in June. Could the flippening be on the cards with a $3,750 price target
IRL
The biggest UX challenges for web3 and creating an “atomic” experience with crypto wallets
Brian Norton of MEW (MyEtherWallet) speaks to CryptoSlate's Akiba about the need to improve the user experience of web3 in order to create mass adoption.
Technology
Alameda-owned RenVM confirms it’s ‘impossible to launder any assets’ through Ren Bridge, debunking claims of $540M in money laundered
Elliptic Connect, a blockchain data analytics firm, claimed that Alameda Research-owned RenVM allowed $540M to be laundered through its cross-chain bridge.
IRL
How to practice better “digital hygiene” to keep your wallet secure when interacting with web3
CryptoSlate's Akiba speaks to Lukas Schor, co-founder of Safe (formerly Gnosis Safe), at EthCC[5] about the future of web3. The interview covers digital hygiene, the web3 user experience, the road to mass adoption, the power of multi-sig wallets, pre-paid gas fees, signing messages, and more.
Hacks
Curve Finance DNS exploit resolved – how to check if it is safe to use
The front end exploit of Curve Finance has been resolved but not all DNS records have yet been propagated so caution is advised
IRL
The future of social media and protecting user data in web3 w/ Lens Protocol and the Aave companies
CryptoSlate's Akiba speaks to the Head of Growth for the Aave companies, Christina Beltramini, about the future of social media in web3, the reasons why it is needed, and how users can protect their data by migrating to web3 social.
Regulation
Coinbase CEO Brian Armstrong says ‘the more regulation there is for crypto, the better it is for Coinbase’
Coinbase CEO Brian Armstrong said on an Aug. 9 earnings call that the company is keen to see "common sense frameworks for regulation" next year within the United States.
Hacks
Curve Finance front end UI compromised following DNS hack – users advised to exercise caution
Over $500k has been stolen from Curve finance as the front end is compromised through an attack taking control of its nameserver.
Earnings
Coinbase reports $1.10B loss in Q2 as assets on exchange slump
Coinbase reported the biggest loss ever in Q2, losing more than $1B over the past 3 months. Assets held on the exchange also fell to just $96 million.
