Regulation
Roman Storm, a Tornado Cash cofounder, was arrested, and another cofounder was sanctioned by the U.S. OFAC for alleged laundering of virtual assets for North Korea.
Bitcoin
The U.S. Federal agency urges vigilance as North Korean hackers may cash out over $40 million in bitcoin.
NFTs
Nate Chastain’s three-month prison sentence marks the first-ever conviction for digital asset insider trading.
DeFi
The DeFi protocol warned users of a critical vulnerability affecting V2 pools, urging them to withdraw funds from affected pools immediately.
Business
The crypto exchange has partnered with MoonPay to allow users to exchange dollars for USDT, which will be the new “base asset” for transactions.
The introduction of subDAOs, combined with the strategic use of AI, reflects a thoughtful and ambitious approach to overcoming the challenges of growth and collaboration within a DAO.
Ethereum
The Ethereum cofounder transferred 600 ETH to Coinbase amid a week of negative price action for the second largest cryptocurrency by market cap.
The team behind the decentralized social media platform friend.tech refuted a report that user details on its platform had been leaked to the public.
The instructions specify what jurors should keep in mind if they vote to convict the FTX founder at his criminal trial.
The FTX founder will be allowed to access one internet-enabled laptop and one WiFi device for around six and a half hours while he meets with his counsel.
