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1. Tornado Cash devs Roman Storm and Roman Semenov arrested and charged with money laundering and sanctions violations
-- Allegedly facilitated over $1B in money laundering for North Korea's Lazarus Group
-- Roman Semenov has also been added to the US government's sanctions list
2. Former OpenSea Head of Product Nate Chastain sentenced to 3 months in prison for insider trading
3. Federal Reserve Board orders FTX-linked Farmington State Bank to wind down operations
-- Bank had promised to steer clear of digital asset operations but violated its promise
4. Thailand threatens Facebook ban if the platform does not curb crypto scam ads
5. Komainu wins operating license in Dubai
-- Komainu is structured as a joint venture between Nomura, Ledger, and CoinShares
6. SBF's strategy will be to blame FTX's legal counsel in his criminal trial scheduled in October
7. SEC charges Titan Global Management with securities violations
-- Allegedly provided misleading performance metrics and inadequate crypto asset custody
-- Titan agreed to a cease and desist order
1. DeFi L1 Sei Network airdrops tokens
-- Launches with a market cap of $413M
2. Coinbase releases Base Neutrality Principles, a framework to ensure decentralization and neutrality on its new blockchain
-- Commits Coinbase to (1) not control the crypto users bring to Base, (2) not give preference to the order of transactions, and (3) not use private transaction data for marketing purposes
-- Hoping to build a security council to decentralize the network
3. StarkWare and RISC Zero release open-source zk-prover technology
4. Li.Fi launches multi-message aggregator for DAO governance that can prevent cross-chain attacks
-- Aggregator requires that votes be confirmed on 2+ bridges to be valid
1. EDX Markets taps Anchorage Digital as custody provider
2. Bitstamp is shutting down its staking service in the US, citing regulatory concerns
-- The SEC has filed a lawsuit against Coinbase for offering staking services
3. Indian crypto exchange CoinDCX is cutting 12% of its staff citing bear market conditions and India's tax policies
1. Base-based Friend.tech surges in popularity
-- Allows users to buy "shares" of social media influencers
-- $8.1M in trading volume on the first day of its launch
-- Early users include NBA player Grayson Allen and FaZe Banks
-- Currently invite-only
2. Opensea continues to face backlash for making creator royalties optional
-- NFT marketplace aggregator Rarible no longer supporting OpenSea
-- OpenSea investor Mark Cuban expresses disappointment
3. Mythical Games' mobile title 'NFL Rivals' downloaded over 2M times
4. Unstoppable Domains launches decentralized messaging service called Unstoppable Messaging
-- Leverages XMTP for wallet-to-wallet messaging
1. Balancer has discovered a critical vulnerability affecting V2 pools
-- 4% of TVL remains at risk
2. Quantstamp releases new service called Economic Exploit Analysis
-- Detects common attack pathways used by exploiters (e.g. flash loan attacks)
3. Hackers have gained access to non-sensitive claimant data of FTX and BlockFi
-- Attacker might use the information to send phishing emails
4. Terra's website compromised
1. Towards a formally verified security monitor for VM-based confidential computing (source)
-- Problem: confidential compute vendors rely on 3rd party certification to assure customers that their systems meet security requirements
-- This paper proposes the use of a security monitor to eliminate the need for 3rd party certification
-- Abstracts processor-specific components and identifies a minimal set of hardware primitives required by a trusted security monitor to enforce security guarantees
2. Static application security testing of consensus-critical code in the Cosmos network (source)
-- Proposes code analysis rules that more precisely detect sources of non-determinism in Cosmos-based smart contracts
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