YieldNest launches new liquid restaking token
Stakers with Lido, Frax, Origin and Mantle can “restake” with the DeFi protocol.
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Bitcoin reserves and sovereign wealth funds in the US, explained
Congress is advancing crypto regulation, but confusion remains over sovereign wealth funds and Bitcoin reserves.

Bitwise to expand business with ETH staking service acquisition
Bitwise has acquired the institutional Ether staking service provider Attenstant for an undisclosed amount.

SOS Ltd to jump on Bitcoin bandwagon with $50M purchase, stock pops 40%
China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin.

Nigerian SEC to issue crypto platform licenses as market size grows: Report
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading.

Poloniex exchange suffers $100M exploit, offers 5% bounty
Over $100 million in digital assets were transferred from a wallet belonging to crypto exchange Poloniex in what security firms believe to be a massive hack. 547 Total views 2 Total shares A crypto wallet belonging to the digital asset exchange Poloniex has experienced suspicious outflows, as seen on blockchain explorer Etherscan. Blockchain security firms

Weak competition in AI race could hurt consumers: UK watchdog
The UK's Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust. 86 Total views 2 Total shares There is a “real risk” that the artificial intelligence industry could develop in a way that could end up with only a few firms dominating the market, while consumers are bombarded with

Crypto community jubilant over Grayscale decision, but uncertainty remains
The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped. 614 Total views 16 Total shares The crypto community received the decision it had been hoping for when the District of Columbia Circuit Court of Appeals ruled on…

Humans to Become Nearly Redundant in Crypto Trading
Call it counterintuitive, but blockchain could be considered less transparent now than the stock market. How so? Blockchains are apparently open, and anyone can see which token went where, after all. Well, yes and no. Blockchain is a forest, and a forest is the best place in the world to hide a leaf. We know…