CFTC Sees ‘Significant Risks’ From Digital Assets 

Rocket Pool Launches rETH On zkSync Era

Hello Defiers! Here’s what we’re covering today:

U.S. Doubles Down on Crypto Regulations As Industry Pushes Back

Layer 1 Blockchain Sui Raises $300M At $2B Valuation

Rated Labs Raises $2.5M To Solve Validator Reputation Dilemma

With Privacy Under Threat DeFi Community Scrambles to Rethink Frontend Design

👀 Defiant Premium Story for Paid Subscribers (📜Scroll to the end!)

Binance Enters Zero-Knowledge Race With zkBNB

The Defiant Weekly: Why Solana NFTs Are Taking Over

Listen to the exclusive interview with Stani Kulechov in this week’s podcast

Enthusiast Gaming taps Coinbase to help build its web3 game offerings : The Block

Hey #LUNAtics #Binance Notice on Tax Burn for $LUNC & $USTC on #TerraClassic Network: Cosmos

Artists Say NFT Markets Betray Web3 by Nixing Royalty Payments

Curve Releases Interface Code For Stablecoin

ETH/BTC Ratio Soars To Nine-Month High Ahead Of The Merge

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Tornado Cash Sanction Prompts User Bans and Backlash

 Crypto was supposed to be unstoppable. But when the U.S. Office of Foreign Assets Control (OFAC) 

 the privacy-preserving protocol Tornado Cash on Aug. 8, the conception of crypto as an uncensorable financial network came into doubt.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Coinbase Backs Lawsuit Seeking To Overturn Tornado Cash Sanctions

 U.S. policymakers hinted at tightening regulation of digital assets in a flurry of statements and reports Thursday morning. A 

 on crypto’s environmental impact published by the White House recommended legislative or executive action to “limit or eliminate” energy-intensive proof-of-work technology that secures Bitcoin and a handful of other cryptocurrencies.

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Retroactive Funding Will Cover Development and Audit Costs of Aave V3

 Aave, the largest DeFi lending protocol with over $6B in total value locked (TVL), has 

 to give its developers $15M in retroactive pay for their work building Aave V3, the latest iteration of the money market.

 Mysten Labs, the developer of the Sui layer-1 blockchain, has

 $300 million in a Series B funding round that values the company in excess of $2B.

Independent Ratings Will Aid Tokenholders In Delegation Decisions

, a Web3 infrastructure project, has raised $2.5 million in seed funding from 1confirmation, Semantic, Placeholder and other prominent investors.

Defiant Amplification: Zebu Live Headline Sponsor

Following the success of last year’s Web3 conference – conceived and executed by leading Web3 marketing agency

 – this year’s Zebu Live event is a showcase of the talent and innovation that is taking place in the nascent Web3 space. The Web3 conference has announced their headline sponsor for this year- Dancing Seahorse, an innovative Web3 business that aims to disrupt the music industry.

A Step-by-Step Guide to One of DeFi’s Most Important Stablecoins

USD Coin (USDC) is a stablecoin vying for market supremacy with Tether, the No. 1 such offering in terms of market capitalization.

Tl;dr: Coinbase is funding a lawsuit brought by six people challenging the U.S. Treasury Department’s sanctions of the Tornado Cash smart contracts and asking the Court to remove them from the U.S. sanctions list.

Hello Defiers! Here’s what we’re covering today:

News

U.S. Doubles Down on Crypto Regulations As Industry Pushes Back

Aave DAO Votes To Pay Developers $15M

Layer 1 Blockchain Sui Raises $300M At $2B Valuation

Rated Labs Raises $2.5M To Solve Validator...

🕵🏻‍♂️ With Privacy Under Threat DeFi Community Rethinks Frontend Design