Though interest in the BeeVi project and its associated digital currency dried up, the Korean professor said he still sees it as a successful endeavor.
Brian Newar
Brian Newar has been exploring and writing about the blockchain industry since 2017. Born and raised in America, Brian is based in South Korea where he has covered the local blockchain industry, with a focus on regulations and cryptocurrency exchanges.
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Korea’s ‘poop-coin’ reached the end of its pipeline, inventor reveals - News
Robinhood lands steep 60% discount on $170M exchange acquisition: Report The U.S.-based stock and crypto trading platform has reportedly secured a 60% cut on the initial offer made to Ziglu due to poor market conditions.
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Crypto ad spending may be down, but awareness remains critical: Experts Though crypto television ad spending is down, crypto firms continue to see ad spending as important to keep their brands relevant during a down market.
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Korean police seize crypto for unpaid traffic fines in trial Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations.
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Tornado Cash ban could spell disaster for other privacy protocols — Manta co-founder The ban of Tornado Cash in the U.S. could have ripple effects across Web3 protocols, particularly ones that offer privacy on the blockchain.
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Former Goldman Sachs banker explains why Wall Street gets Bitcoin wrong According to John Haar, who used to count himself within the ranks of the traditional finance field, a fundamental understanding of “sound money” is preventing Wall Street from embracing Bitcoin.
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Expansion of short-term BTC holders suggests ‘final flush’ of sellers Short-term holders expanding their BTC holdings indicates that heavy sell-offs have taken place.
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Korean regulators investigate banks over $6.5B tied to Kimchi premium South Korean financial regulators are looking into the massive amount of foreign remittances of cash that came from crypto exchanges.
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NFT games have edge over ‘money in, no money out’ games: Polygon's Urvit Goel NFT gaming business models could represent an attractive innovation for gaming publishers as they begin to make more of their titles available to play on blockchain.
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Network and token freeze after Acala exploit raises questions The Acala hack saw over 1 billion aUSD stablecoins minted from thin air, but now community members are scratching their heads wondering how a decentralized protocol would handle the clean-up.
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ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors Australia’s financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors.
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Coming sooner: ETH devs move up the date for Merge Ethereum’s transition to proof-of-stake is inching ever closer after developers agreed to a tentative date for the mainnet Merge.
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Uniswap Foundation proposal gets mixed reaction over $74M price tag The largest DEX in the world could be supported by a new $74 million foundation if a new proposal from two community members passes a vote later this month.
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Voyager to return $270M in customer funds, says it received 'better' offers than FTX The crypto lender will be allowed to return a portion of customer funds locked up at the Metropolitan Commercial Bank which have been frozen until now.
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Major hack on play-to-earn crypto games a ‘matter of time:’ Report According to a cybersecurity auditing firm, GameFi projects are putting “profits above security” and pose a great risk to the projects and their users.
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Slope wallets blamed for Solana-based wallet attack Web3 wallet provider Slope has been connected to the recent hack of Solana-based wallets.
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Contributors piling into Bitcoin, Ethereum, and Solana since 2018: Report The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July.
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College textbooks get pricier as Pearson wants NFTs to track secondary sales The academic textbook publisher hopes to capture a portion of secondary market sales of textbooks by attaching NFTs to its digital titles.
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Bitcoin network activity decline suggests longer bear market: Glassnode Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases.
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Nomad token bridge drained of $190M in funds in security exploit Hundreds of potential exploiters, and even some white hat do-gooders who intend to return funds, appear to have removed all of the bridge’s $190 million in TVL in just a matter of hours.
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Honduras attracts crypto investor tourists with Bitcoin Valley Several businesses in the tourist town of Santa Lucia are now accepting Bitcoin payments in the hopes it can spur tourism spending.
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Tether calls thesis behind USDT short-selling ‘flat out wrong’ Tether said the hedge funds that shorted its stablecoin after Terra's collapse have “a fundamental misunderstanding of both the cryptocurrency market and Tether.”
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Marriages and court cases can be held in the Metaverse Singapore’s Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient.
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Solana Spaces store to bring 100K people to Solana per month, says CEO The new shop entertained about 400 crypto-curious guests on opening day, and hopes to host even more as other stores are opened across the U.S. and the rest of the world.
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Experts yet to explain massive spike in ETH active addresses The sudden dramatic spike in active addresses on the network has left many guessing about the cause.
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Zuckerberg unfazed about $2.8B metaverse division loss in Q2 “This is obviously a very expensive undertaking over the next several years,” said Mark Zuckerberg.
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KuCoin CEO Johnny Lyu launches ‘Anti-FUD Fund’ The exchange’s Anti-FUD Fund comes shortly after KuCoin CEO Johnny Lyu’s spat with a whistleblower, who claimed the exchange was insolvent.
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IMF global outlook suggests dark clouds ahead for crypto The IMF has forecast economic growth to slow from 6.1% last year to 3.2% in 2022, which some believe will have negative consequences for crypto.
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‘Extreme demand’ for BTC at $20K creating new support levels: Glassnode The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover.
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LidoDAO says no to selling $14.5M in LDO tokens to Dragonfly Capital The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising.