BTC, ETH and BNB Trade At A Premium On Binance.US After Court Orders Asset Freeze

Binance Outflows Slow After SEC Crackdown 

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Artists Say NFT Markets Betray Web3 by Nixing Royalty Payments

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

Ethereum Repels Rival Layer 1s as Merge Looms

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Arbitrum Transactions Quadruple After Upgrade

🎙Listen to the exclusive interview with Zcash’s Zooko in this week’s episode:

BNB Chain announces zero-knowledge proof scaling technology: The Block

Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says: CoinDesk

Hot off the press: our latest Allocation Update covering projects that received funding in Q1 and Q2!: Ethereum Foundation

Bellatrix Euphoria Short-Lived as Markets Slide

Curve Releases Interface Code For Stablecoin

A16Z’s Latest Bet on NFTs: Free Licenses for Everyone

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 is your way into OP Summer! Simple, novel, and easy-to-understand markets: UP or DOWN? IN or OUT? The choice is yours. 

X2Y2’s Move to Make Royalties Optional Triggers Outcry and Soul-searching in NFT Land

 On a hot and humid Tuesday night, collectors flocked to a sweltering art gallery in Lower Manhattan. It was their one opportunity to snag a physical copy from Justin Aversano’s “

,” a series of 364 mixed-media pieces the grieving artist created in 2014 after the death of his mother.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Ether Is Up 5% In A Week While Bitcoin Has Declined 3.5%

 Ether is up 6% in the past 24 hours as traders remain optimistic ahead of Ethereum’s transition to proof-of-stake consensus, now just a week away. Global markets rallied on Wednesday as a weaker U.S. dollar saw the Nasdaq and S&P 500 post gains of nearly 2%.

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Smart Contract Network Draws 90% of Protocol Revenue

 Ethereum remains the dominant Layer 1 smart contract network by a wide margin during the 2022 bear market, raking in 90% of L1 protocol revenue since mid-March.

A Step-by-Step Guide to the Blockchain Challenging Ethereum

 As Ethereum cultivated its ecosystem of decentralized applications (dApps) in recent years, Solana popped up on the blockchain scene and became one of its top challengers.

Binance’s Layer 1 BNB chain has announced its own zero-knowledge (ZK) proof scaling technology, which it coined zkBNB.

Michael Barr, the former Ripple Labs adviser and Michigan University law school dean who is now the U.S. Federal Reserve’s vice chairman for supervision, said crypto activities need greater regulatory oversight.

Hot off the press: our latest Allocation Update covering projects that received funding in Q1 and Q2!





In the first half of 2022 we organized an Academic Grants Round alongside our usual grants program, awarding over $17.6 million to grantees including…



— EF Ecosystem Support Program (@EF_ESP) 

For a second there, Layer 1s were pumping like it was 2021. Smart contract platforms, also known as 

, started the week with a bang as Ethereum’s ETH, Solana’s SOL, Avalanche’s AVAX and others were all up more than 3% as of midday New York time.

Curve Finance was the epicenter of the stablecoin wars in 2021. Now it’s getting ready to launch its own stablecoin even as the cryptocurrencies have come under intense scrutiny in the wake of Terra’s failure in May and a looming regulatory crackdown.

Who owns what when someone owns an NFT? It’s not always clear. When Actor Seth Green’s Bored Ape was 

, for instance, it brought plans for a show with the animated character into question.

🧑‍💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Robin Schmidt and Alp Gasimov. Podcast was led by Camila, edited by Alp.

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Surge of Activity and Addresses Bolsters L2 Blockchain

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News

Artists Say NFT Markets Betray Web3 by Nixing Royalty Payments

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

Ethereum Repels Rival Layer 1s as Merge Looms

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🖼 Artists Say NFT Markets Betray Web3 by Nixing Royalty Payments