Fracture Labs, a blockchain-based videogame company, has announced new developments following a successful $4.3 million funding round last November that saw support from companies such as Alameda Research, Mechanism Capital, VLaunch, Spartan, Gains Associates, Interstellar Ventures, Master Ventures, Huobi Ventures, Polygon, Spark Digital Capital, Metavest Capital, Titans Ventures, Germ Capital, FA Forward Analytics, and many more. The company is focused on creating multiplayer games that are compatible with PC, console and mobile.

https://cryptodaily.co.uk/2022/08/fracture-labs-launches-dio-staking-pool

One of the quickest ways to ensure crypto's mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML tools.

https://cointelegraph.com/news/aml-and-kyc-a-catalyst-for-mainstream-crypto-adoption

Velodrome says "Gabagool," a known crypto personality and one of its former team members, was responsible for stealing $350,000 in August hack. The post Velodrome says team member stole $350,000 from the project's wallet appeared first on The Block.

https://www.theblock.co/post/163404/velodrome-says-team-member-stole-350000-from-the-projects-wallet

Uzbekistan has restricted access to several foreign crypto exchanges, including Binance and FTX. The country wants exchanges to obtain a license before operating.

https://beincrypto.com/uzbekistan-blocks-foreign-crypto-exchanges-including-binance-ftx/

Authorities in Uzbekistan are now clamping down on online crypto trading platforms that operate outside the nation and are not registered with the government. Authorities have mandated that platforms hold a license in order to provide digital currency services to users.

https://bitcoinist.com/crypto-uzbekistan-blocks-access-to-ftx-binance/

Crypto exchange giant Huobi's founder and CEO Leon Li is in talks with investors to sell his majority stake for $2 billion to $3 billion. The post Huobi founder Leon Li in talks to sell his shares for up to $3B appeared first on CryptoSlate.

https://cryptoslate.com/huobi-founder-leon-li-in-talks-to-sell-his-3b-worth-shares/

Fortress, a popular blockchain firm, has raised over $22.5 million in its latest seed funding round.

https://insidebitcoins.com/news/fortress-blockchain-raises-2-25-million-in-seed-funding

As part of its years-long push towards using blockchain to empower its communities, Reddit has partnered with crypto exchange FTX, according to an August 9 press release. The post Reddit is forging ahead with blockchain adoption push with FTX partnership appeared first on CryptoSlate.

https://cryptoslate.com/reddit-is-forging-ahead-with-blockchain-adoption-push-with-ftx-partnership/

What Ethereum's upcoming fork can teach us about governance, stablecoins, centralization bottle-necks and the ever-important U.S. dollar system.

https://bitcoinmagazine.com/business/stablecoin-monster-cbdc-red-herring

Investing legend Jim Rogers is issuing a warning to investors saying that crypto assets could one day be fully controlled by the government. In a new interview with Bloomberg Crypto, Rogers says that digital currencies will one day become “government money,” meaning that bureaucrats and politicians will dictate how they can be used.

https://dailyhodl.com/2022/08/06/legendary-investor-jim-rogers-issues-stern-warning-against-investing-in-crypto-assets-heres-why/

Changpeng Zhao, CEO of Binance came out to clear the company's stand after Enforcement Directorate raided and froze some assets of WazirX. However, he stressed that they could shut down the troubled crypto exchange.

https://coingape.com/?p=119029

Crypto exchange Coinbase shares rose after announcing that it has entered into a partnership with BlackRock, the worlds largest asset manager. Under the partnership, the American crypto trading platform will provide BlackRock institutional clients access to digital currencies.

https://tokenpost.com/Crypto-exchange-Coinbase-to-provide-access-to-digital-currencies-for-Blackrock-institutional-clients-9724

Coinspeaker Binance Partners with Mastercard to Launch Prepaid Crypto Cards in Argentina

https://www.coinspeaker.com/binance-mastercard-crypto-cards-argentina/

Miami's crypto enthusiast mayor, Francis Suarez, has announced what promises to be (or at least he hopes will be) a fairly high-profile non-fungible token (NFT) project.

https://www.pymnts.com/nfts/2022/nft-weekly-miami-and-tiffanys-push-past-digital-artwork/

A possible exploit of the Nomad cross-blockchain bridge has resulted in the outflow of millions of dollars worth of crypto. The post Nomad cross-chain crypto bridge suffers possible exploit appeared first on The Block.

https://www.theblock.co/post/160731/nomad-cross-chain-crypto-bridge-suffers-possible-exploit