Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday’s $133M Token Unlock

As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had already emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.Source

Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine

The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities.Source

Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation

The investigation began after numerous data collections in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said.Source

Coinbase Ventures’ Strategic Investment Sends Rocket Pool Token Surging

The investment branch announced today the purchase of an undisclosed amount of Rocket Pool’s native token RPL, which has jumped more than 9% in the past 24 hours.Source

CEO of World’s Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation

Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.Source

Aave Token Holders Voting on 2 Proposals Following Averted Curve Liquidation Crisis

The proposals, which aim to disable CRV borrowing and decrease Aave’s exposure to Curve’s native token on its Ethereum V2 markets, are responses to the liquidation pressure faced by Curved founder Michael Egorov.Source

Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?

The world’s largest cryptocurrency is lacking sustained momentum, the price selling off shortly after each attempted leg higher.Source

Aragon Mulled Sale of Crypto Project, Leaked Screenshot Shows

One of the biggest crypto projects building tools to support decentralized governance is trying to get out of its own governance pickle.Source

VC Firm a16z Wades Into Crypto Tech Research with ZK Projects ‘Jolt’ and ‘Lasso’

A pair of open-source projects from venture giant Andreessen Horowitz, known as a16z, aim to improve the performance of systems that use zero-knowledge technology – a cryptographic method used to scale blockchains.Source

Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims

DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss.Source