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Get your daily, bite-sized look at cryptoasset and blockchain-related news – and examine the stories flying under the radar of today’s crypto news.
- The crypto exchange Binance has announced that it has tightened customer verification requirements on its platforms as they expand their response to tightened regulatory scrutiny in recent months. Effective immediately, new customers will be required to provide government-issued ID and pass facial verification in order to meet “interim verification” for access to services such as crypto deposits, trading and withdrawals, while the account permissions of existing users who have not yet completed interim verification are temporarily changed are limited to “Payout Only” with the services limited to Payout, Order Cancellation, Position Closing and Redemption until the required documents are provided.
- The OKEx crypto exchange has launched a 10 million. In addition, they are holding a hackathon on August 26th with the topic “BUIDL IN METAFORCE”, in which the winning team will receive 1 million.
- Social media and marketing company Brave Bison has announced a partnership with non-fungible token (NFT) platform Power Up NFTs to facilitate the sale of the viral The Screaming Sheep video as an NFT. Brave Bison added that it has represented The Screaming Sheep video for a number of years and has worked with the video owner to license the content to brands and organizations. It argued that the video is now considered to be one of the most famous viral content the internet has to offer.
- Retail bank Lloyds Banking Group has posted a Senior Manager in Digital Currency and Innovation to explore investment opportunities. According to the booking, the manager will develop payment use cases and initiate transactions or investments related to digital currencies.
- Crypto-custodian Anchorage has announced that it will offer voting services for blockchain governance, starting with the Decentralized Finance Project (DeFi) (AAVE). Institutions and token holders can use Anchorage’s governance portal to participate in chain governance decisions that are critical to the Aave credit protocol as the system uses a separate voting key so that digital assets can be securely stored.
- The cross-blockchain decentralized storage and computer network Aleph.im has announced the publication of decentralized indexing for the blockchain Solana (SOL). They stated that Solana-based applications previously relied on their own centralized indexing solutions that required high physical hardware costs, impossibly fast internet connections, and computing power, while Aleph.im offers a decentralized alternative.
- The crypto mining company Argo Blockchain has filed for approval from the U.S. Securities and Exchange Commission (SEC) to sell American Depositary Shares (ADS). If approved, it would be their secondary Nasdaq listing and would trade under the ticker “ARBK”.
- The decentralized, automated market maker-based protocol Chainflip raised USD 6 million in a financing round led by the venture capital firm Framework Ventures. Funds will be used for talent acquisition, Chainflip’s marketing campaigns, and ensuring the product has undergone solid audits and reviews before it goes to market.