TLDR Crypto 2022-08-18

A study by researchers at the University of Technology Sydney found that insider trading occurred on up to 25% of new crypto listings at Coinbase between September 2018 and May 2022. Over four wallets were involved with suspicious trading. The four wallets identified earned 1,003 ETH from their trades. A former Coinbase product manager and two others were charged with wire fraud and insider trading in July.

Optimism's token crashed briefly on Wednesday after false rumors of a major hack spread on Twitter. The team insists that there was no hack. They claim that the $450 million worth of tokens was sent to investor wallets. The token quickly bounced back to slightly below its pre-crash level after the team's response. Optimism will announce large planned transfers ahead of time from now on.

The EOS Network Foundation (ENF) has chosen Antelope as the underlying protocol for EOSIO-based blockchains. Antelope is an open framework blockchain that uses a Delegated Proof-of-Stake model. Members of the ENF include EOS, Telos, Wax, and UX Network. A hard fork of the EOSIO blockchain will occur on September 21.

CoCo is a community of artists, creators, collectors, and others that aim to set the standard for community-driven storytelling through NFTs. It will invest in and collect, contribute to the governance of, and assist with the creation, promotion, and recognition of CCo projects. CCo NFTs have no intellectual property rights reserved by their creators, allowing holders and the public to have the creative and commercial freedom to add new narratives and build, experiment, remix, and play with the media.

The Merge is when the existing execution layer of Ethereum joins its new Proof-of-Stake consensus layer. It will eliminate the need for energy-intensive mining and increase scalability, security, and sustainability. This article discusses the Merge, what to do to get ready for it, and misconceptions about the upgrade.

Proposer Builder Separation (PBS) is a solution to MEV issues post-Merge. With PBS, validators don't order blocks or extract MEV themselves. Instead, there will be a market where outside actors produce complete blocks. This can result in scenarios where validators could choose to not include blocks that have specific transactions. If enough validators take the path of censorship, a soft fork may occur, and then entities like Circle will have to choose which chain to support.

Former WeWork CEO Adam Neumann's new real estate venture, Flow, intends to launch a digital wallet that can store crypto and other currencies. Flow-managed apartments will not accept cryptocurrencies for rent. Plans for the wallet were confirmed by a company spokesperson after a recruiter erroneously advertised for a crypto-related role. Flow may be planning a tokenized rewards program that involves cryptocurrency.

US Federal Reserve governors discussed the financial stability of digital assets in a recent meeting of the Federal Open Market Committee (FOMC). Some FOMC members called for stronger oversight and regulation for crypto-related institutions. The meeting notes show that interest rate increases are anticipated in the coming months. The Fed plans to continue to hike interest rates until inflation lowers to 2%. Interest rates have been raised four times this year.

Genesis is suffering from major losses related to the collapse of Three Arrows Capital.

Mainstream is a modular end-to-end platform for governance participation.

Fractional, which is rebranding as Tessera, is a protocol that enables collective ownership and governance of NFTs.

This Twitter thread covers whether to hold income in ETH or stablecoins, bookkeeping basics, and basic tax information.

This guide teaches readers how to run front-end interfaces for decentralized apps locally.