Symbiosis has announced the upcoming collaboration with Telos, a blockchain platform.

https://twitter.com/symbiosis_fi/status/1559906349047332873

Node Capital and Digital Currency Group (DCG) co-led a $5 million pre-seed funding round for dWallet Labs, a blockchain security firm developing projects for the Odsy Network, a new layer 1 blockchain focused on decentralized crypto wallets with customizable access permissions.

Other participants in the funding round included Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Ventures, Lemnsicap, Heroic Ventures, Impatient Ventures, Zero Knowledge, Dispersion Capital, Token Bay Capital, Tykhe Block Ventures, Cerulean Ventures and Earl Grey Capital, among others.

https://www.coindesk.com/business/2022/08/18/digital-currency-group-leads-5m-fundraise-for-blockchain-security-firm-dwallet-labs/

Tether has partnered with BDO Italia, the Italian arm of the world's fifth largest accounting firm, to issue assurance and attestation reports of its reserves.

https://www.theblock.co/post/164272/tether-bdo-italia-partnership-usdt-reserve-attestations

CME Group plans to launch options on Ether futures on September 12, pending regulatory review.

https://www.prnewswire.com/news-releases/cme-group-to-launch-ether-options-on-september-12-301608253.html

Web3 venture studio SuperLayer has announced a new $25 million fund led by anchor investor and strategic partner Polygon.

https://www.theblock.co/post/164263/polygon-leads-investment-in-venture-studio-superlayers-25-million-fund

Binance will list Stargate (STG) in the Innovation Zone and will open trading for STG/BTC, STG/BUSD and STG/USDT trading pairs at 2022-08-19 09:00 UTC.

https://www.binance.com/en/support/announcement/04619e62e3784dc09b17fea81ad4d0fd

Here is our Crypto Daily Review.

Today's highlights:
- The market is down. Bitcoin is trading at $21,906
- Huobi exchange stablecoin HUSD has repegged to the US dollar
- NFL All Day, Dapper Labs' biggest launch since NBA Top Shot, went live
- Tether partners with BDO Italia to conduct regular attestations of its dollar reserves

Have a nice day! ☀️

The largest ETH mining pool Ethermine will not support any PoW forks that will appear after switching Ethereum to Proof-of-Stake.

https://coingape.com/largest-eth-mining-pool-will-not-support-ethereum-pow/amp/

Our weekly news digest.

Read here👇
https://telegra.ph/ICODROPS-WEEKLY-NEWS-DIGEST-08-21

Here is our Crypto Daily Review.

Today's highlights:
- The market dropped during the weekend. Bitcoin is trading at $21,358
- The world's largest ETH mining pool will not support any PoW fork post-Merge
- Ronin hackers have transferred stolen $625M to mixers on Bitcoin network (ChipMixer, Blender, etc).
- Uniswap has blacklisted 253 crypto addresses linked to hacks or sanctions

Have a nice day! ☀️

Hodlnaut reports $193 million financial shortfall.

Earlier it has laid off 80% of its staff to conserve cash.

The document shows that Hodlnaut parked some $317 million in UST, the failed stablecoin, in Anchor Protocol on Terra.

https://www.theblock.co/post/164756/hodlnaut-financial-shortfall-193-million-crypto

The South Korean Ministry of Strategy and Finance cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a gift tax under the Inheritance and Gift Tax Act.

Free virtual asset transfers would still attract a 10-50% tax under the Inheritance and Gift Tax Act.

The said tax requires the recipient of the free “gift” to file a gift tax return within three months of receiving it.

https://cointelegraph.com/news/crypto-tax-can-wait-free-coins-can-t-s-korea-mulls-gift-tax-for-airdrops

Invesco launches a metaverse fund.

https://www.investmentweek.co.uk/news/4055057/invesco-launches-metaverse-fund

Current state of the market in our weekly overview.

Data from: dropstab.com

Samsung files to launch a bitcoin and crypto exchange in South Korea in 2023.

https://twitter.com/bitcoinmagazine/status/1561698193028497408

A hacker stole crypto funds from customers making deposits at General Bytes Bitcoin ATM machines.

The hacker modified the crypto settings of two-way machines with his wallet settings and the invalid payment address setting.

https://www.theblock.co/post/164741/hacker-stole-from-clients-making-deposits-on-bitcoin-atms

Coinbase has added Aurora (AURORA) and MXC (MXC) to its roadmap.

https://twitter.com/coinbaseassets/status/1561705044151570435

OneRare has announced its strategic partnership with Axelar.

https://onerarenft.medium.com/onerare-announces-its-strategic-partnership-with-axelar-feb20d15b9f7

The auction Ton recently conducted for their domain/wallet names was successful, Telegram founder Pavel Durov said.

He also added that Telegram could soon offer a marketplace to auction addresses.

“This would create a new platform where username holders could transfer them to interested parties in protected deals – with ownership secured on the blockchain via NFT-like smart-contracts. Other elements of the Telegram ecosystem, including channels, stickers or emoji, could later also become part of this marketplace.”

https://t.me/durov/194

Here is our Crypto Daily Review.

Today's highlights:
- The market is neutral. Bitcoin is trading at $21,203
- Samsung Securities and other firms applied for the launch of a cryptocurrency exchange in South Korea in 2023
- Nike has generated a total of $185 million in revenue from NFT sales
- BendDAO founder has proposed emergency changes to the protocol to prevent liquidity crises.

Have a nice day! ☀️

Nike tops the list with a $185m revenue from NFT sales in the fashion brands.

Dolce & Gabbana (D&G), Tiffany, Gucci, and Adidas join Nike in the list of the top five.

Nike has amassed nearly $1.3b in transaction volume from secondary trading.

https://twitter.com/wublockchain/status/1561956026554802176