Tech
Following the approval of an inflation reduction proposal, Cosmos Hub’s founder Jae Kwon suggests forking the network to create AtomOne, stirring discussions and expectations among ATOM stakeholders.
Business
Circle and SBI Holdings have established a banking partnership that would boost the circulation of USDC in Japan.
The crypto scam vendor Inferno Drainer plans to shut down after helping scammers drain more than $70 million worth of crypto from over 103,000 victims.
“I would be lying if I said that I didn’t consider him a friend,” Fong said, “and hopefully, people don’t get too mad at that statement, but I’m sure some people will.”
Regulation
Once a crypto magnate, Bankman-Fried now navigates the economics of prison life as he awaits sentencing, according to a Wall Street Journal report.
On-chain analysts found that Coinbase’s reserves increasing around 12,000 BTC over the same period that Binance’s reserved decreased by 5,000 BTC.
DeFi
Recently launched Ethereum Layer 2 Blast experienced massive TVL growth and could potentially overtake other projects like Base and zkSync.
Citing flight risk concerns, authorities request Changpeng Zhao to stay in the U.S. ahead of his February 2024 sentencing following a guilty plea.
KyberSwap alerted users to a “security incident” on its platform, where an estimated $48 million worth of crypto has been drained so far.
The U.S. Court of Appeals rejected Sam Bankman-Fried’s request for a release on the grounds that he attempted to tamper with witnesses leading up to his trial.
