"Relax, Slack only went down; it’s not like they got hacked.
All your private chats are 'safe' in their centralized database."
- In light of Slack's outage today, we're bringing back this gem from Muneeb earlier this year.
IN CASE YOU MISSED IT
💰 AT&T sued for $224 million Michael Terpin is accusing the company of fraud and gross negligence in connection with the theft of $23.8m worth of tokens from his personal account. In case you're interested, here's the definitive guide to keeping your assets secured.
💰 Pantera raises $71mfor its third crypto fund appropriately named Venture Fund III.
🇨🇳 VeChainThe Chinese government has spent the past few weeks trying to respond to a vaccine safety crisis which, per our July 25th issue, was made public via an Ethereum transaction. In an effort to get more transparency around vaccine production, China's government is teaming up with VeChain to find a blockchain-based solution for recording data.
💸 SFOX A crypto trading hub targeted towards institutional investors and family offices just closed a $22m Series A which included Tribe Capital, Social Capital, YC, DCG, Airbnb co-founder Natahn Blecharczyk, and a few others.
🇸🇪 Fidelity is helping US investors gain exposure to bitcoin by using an exchange-traded note that's technically listed and regulated in Sweden. Functionally, the ETN is pretty similar to an ETF.
🤝 Wyre + AirSwap in an effort to double down on driving liquidity to decentralized exchanges (and bridging the gap between crypto applications and the traditional banking world) Wyre and AirSwap have partnered up.
🚨 We're actually giving away BTC 800 dollars worth to be exact. And you only have to submit your email to be in the running.
🚀 CoinSignals Chart Viewer An app that allows you to chart anything from CoinMarketCap on TradingView. The app also integrates with CoinMarketCal events.
🔵 Coinbase Wallet Goodbye Toshi, hello Coinbase Wallet. The rebrand is part of a larger initiative to double down on digital identity which is a move into Facebook's turf (and helps explain why FB exec David Marcus had to step down from Coinbase's board).
READS OF THE DAY
📖Decentralized Funding In her latest post, Nadia Eghbal analyzes three grant programs (Zcash, Monero, and Dash) to find out where open source projects allocate their funding.
📖A wake up call for Ethereum Jonathan's set the record for two TD blog features in one week. In today's post, he recaps the meteoric rise and recent plunge of ethereum's price and emphasizes the need for projects to manage expectations for users and investors alike.
Orphaned blocks are valid blocks that aren't part of the main chain. They happen when two miners produce blocks around the same time (but only one continues the blockchain over time). Orphan blocks can also be caused by attackers trying to reverse transactions.