TLDR Index
Daily Editions
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  1. Page 1: Today’s IndexTLDR, TLDR AI, TLDR Web Dev, TLDR Crypto · 9 stories
  2. Page 2: TLDRTLDR · 5 stories
  3. Page 3: TLDR AITLDR AI · 7 stories
  4. Page 4: TLDR Web DevTLDR Web Dev · 11 stories
  5. Page 5: TLDR CryptoTLDR Crypto · 10 stories
  6. Page 6: Resources & ToolsTLDR, TLDR AI, TLDR Web Dev, TLDR Crypto · 9 stories
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Daily Edition · Page 5

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

TLDR Crypto

NFT PRICES SLUMP AS POPULAR COLLECTION TUMBLES FOLLOWING DEBUT

The NFT market has seen a precipitous drop in the past couple weeks, with prominent collections' prices declining by over 30%. Notably, Azuki’s floor price fell by over 60%. The decrease followed the controversial launch of a new Azuki collection, Azuki Elementals, which seemed like a repeat of a previous collection. The launch caused an uproar in the Azuki community, leading to widespread selling. In addition to drastic floor price declines, the resultant fallout has also prompted a wave of defaulted loans in the NFT lending industry.

archive.ph · 2 min

TLDR Crypto

SEGA DIVING INTO WEB3

SEGA, the famed Japanese gaming company, is taking a leap into web3 gaming. It plans to roll out 12 non-mobile games this year. The company's first web3 game is a remake of the successful Web2 IP, Sangokushi Taisen. Developed by double jump Tokyo, the game, targeted for a late 2023 release, will initially be available in English and Japanese on PCs, with more languages planned for 2024. SEGA has earlier shown its interests in blockchain technology by launching its first NFTs called Virtua Fighter.

threadreaderapp.com · 4 min

TLDR Crypto

TON BLOCKCHAIN LAUNCHES ON-CHAIN ENCRYPTED MESSAGING FEATURE

The TON Foundation has unveiled an on-chain encrypted messaging feature for the TON network. Forked from Telegram's abandoned project, TON now enables private communication between users through encrypted messages, enhancing the personalization of transactions. Interestingly, the feature could also be a reliable communication method should traditional servers fail. Currently supported on several retail wallet apps, the facility is set to be included in the mobile wallet Tonkeeper in future updates.

cointelegraph.com · 2 min

TLDR Crypto

OPTIMISM, APTOS, AND APECOIN SET FOR LARGEST TOKEN UNLOCKS IN JULY

Optimism, Aptos, and ApeCoin are preparing for substantial token unlocks this July, releasing over $100 million worth of this crypto into circulation. ApeCoin's unlock is the largest, releasing 15.6 million APE tokens on July 17, a 4.23% increase in circulating supply. Aptos’ token release will cause a token supply increase of 2.17%, while Optimism’s token circulating supply will rise by 3.75%. This could potentially affect the prices of these tokens, so it might be helpful to keep the timing of these releases in mind.

theblock.co · 2 min

TLDR Crypto

STABLECOIN SETTLEMENTS

This article from Coinbase explains how the company is aiming to modernize the financial system by developing crypto-based alternatives to the ACH direct deposit method. Coinbase says that the current ACH system, established in the 1970s, is slow and lacks standardization, resulting in inefficiencies. By swapping ACH for blockchain-based stablecoin settlement, Coinbase asserts that transaction confirmation times could be dramatically reduced, saving costs and minimizing price volatility. It would also eliminate intermediaries, streamline transactions, and promote transparency.

coinbase.com · 6 min

TLDR Crypto

SINGAPORE WANTS CRYPTO FIRMS TO KEEP CLIENT FUNDS IN A TRUST

Singapore's Monetary Authority has introduced a new mandate for crypto firms to separately store their customers' digital assets in a trust by year-end, enhancing protection against potential insolvency and misuse. Measures include daily reconciliation, maintenance of proper records, custody services operation, and clear risk disclosures to customers. Crypto platforms will additionally be restricted from facilitating lending and staking services to retail customers, save for self-staking. These developing regulations aim to protect consumers from the volatility of crypto trading while urging increased vigilance in dealing with unregulated entities. The proposed regulations are open for public response until August 3.

theblock.co · 2 min

TLDR IndexPage 5