DeFi
An estimated 125 MEV bots sniped 21,000 profiles from the platform over the last two weeks.
Ethereum
Coinbase’s Base and Optimism have agreed on a transaction fee split and token grants as part of their long-term collaboration.
Business
The parent company of crypto custodian Prime Trust disclosed that its prior management lost millions of dollars’ worth of customer funds and Treasury funds investing in the UST stablecoin.
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.
The DeFi protocol warned users of a critical vulnerability affecting V2 pools, urging them to withdraw funds from affected pools immediately.
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.
The Ethereum cofounder transferred 600 ETH to Coinbase amid a week of negative price action for the second largest cryptocurrency by market cap.
