The Block
Telegram-based game Hamster Kombat announced its token airdrop will occur next month on Sept. 26. The game’s team recently said in a whitepaper that 60% of its token airdrop will be dedicated to players.
Quick Take OpenSea CEO Devin Finzer said the NFT marketplace has received a Wells Notice from the SEC.
Quick Take WazirX has filed an application with the High Court of Singapore for a moratorium under section 64 of the Insolvency, Restructuring and Dissolution Act. If approved, the moratorium will provide “breathing space” for the crypto exchange’s holding company to restructure its liabilities in the latest step following a $230 million exploit.
Quick Take Lemniscap has raised $70 million for a new fund anchored by Accolade Partners. This is Lemniscap’s third and largest fund to date, founder and managing partner Roderik van der Graaf told The Block.
Quick Take BNB Chain has launched the BNB Chain Bridge in collaboration with Celer, deBridge and Stargate. The bridge aims to boost cross-chain interoperability, liquidity and user experience on BNB Chain.
Around two or three months before the last three U.S. presidential elections, bitcoin’s price has posted a significant drop.However, historical patterns also show that the digital asset consistently rallied in the months after the elections.
Quick Take Crypto airdrops have often handed out huge sums of money to past users but they have been criticized over various weaknesses. Ethereum co-founder Vitalik Buterin reckons crypto identity solutions could help fix these issues.
Quick Take Starknet introduced parallel execution in its version 0.13.2 upgrade. This feature allows multiple transactions to be processed simultaneously on the Layer 2 chain.
AI-related crypto tokens are down ahead of Nvidia’s earnings call today, which is expected after markets close in New York on Wednesday.Nvidia’s second-quarter results today will give Wall Street insight into the artificial intelligence sector’s performance.
Quick Take The CEO of South Korean crypto custody firm Haru Invest was stabbed during a trial in a Seoul court. He is reportedly in a ‘critical condition’ after being taken to the emergency room. Haru Invest executives allegedly defrauded tens of thousands of investors in South Korea.