Chainlink’s CCIP protocol and Automation now live on Gnosis
Gnosis developers can now outsource their heavy computing to the oracle network while reducing gas fees by up to 90%, spokespeople said.
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This edition of Cointelegraph’s VC roundup features Cysic, WeatherXM, GaiaNet, Switchboard, API3, and Scrypt.

Symbiotic raises $29M for staking-based universal coordination layer
Cryptocurrency staking protocol Symbiotic closed a $29 million Series A funding round led by Web3-focused investment firms, including Pantera Capital and Coinbase Ventures, to support the launch of a new economic coordination layer for blockchain security. The round included more than 100 angel investors, with participation from major industry players including Aave, Polygon and StarkWare

SEC is scaling back its crypto enforcement unit: Report
The SEC’s 50-person crypto unit is getting a shakeup with some staff reassigned to other areas, The New York Times reports.

NatWest cuts payment channels to Binance, citing regulatory uncertainty
“It’s like people can’t spend their money on what they want anymore,” one Twitter user noted regarding NatWest’s action against Binance. 781 Total views 7 Total shares NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, the bank confirmed to…

Bitcoin longs cut $106M — Are Bitfinex BTC whales turning bearish above $86K?
Despite Bitcoin (BTC) price reaching its highest level in over three weeks, traders on Bitfinex reduced their leveraged long (bullish) positions on margin contracts by more than $100 million between April 17 and April 19. This reduction has led to speculation that Bitcoin whales may be anticipating a price correction or, at the very least

CZ and Binance face new lawsuit, RFK Jr suspends campaign, and more: Hodler’s Digest Aug. 18 – 24
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‘Huge Shift’ in crypto firms’ compliance mindset, says Elliptic co-founder
The US government and global regulatory efforts had a major effect on crypto compliance over the past few years, according to Elliptic's James Smith. The crypto industry has seen a significant shift toward regulatory compliance since its early days, according to James Smith, co-founder of Elliptic, a crypto compliance firm established in 2013. “In the

Telegram trading bots are hot, but don’t trust them for custody — Security firms
There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms told Cointelegraph. 43 Total views 36 Total shares Telegram trading bots, which have been turning the messaging platform into a quasi-crypto marketplace, pose significant security risks for users and require further scrutiny, according to blockchain security firms.While…