Business
The former co-CEO of FTX Digital Markets is reportedly in talks with U.S. prosecutors to enter a guilty plea.
NFTs
Trent McConaghy, cofounder of Ocean Protocol, shares his vision for a decentralized data future and the intersection of AI and crypto.
Is Worldcoin’s ‘free money’ promise a step toward Universal Basic Income or a privacy time bomb?
MOON and BRICK, the native tokens for two Reddit communities, saw double digit gains immediately after they were listed on crypto exchange Kraken.
DeFi
Researchers at Kaiko said it was unclear why traders have been swapping out of USDT without a clear bearish catalyst.
The U.S. dollar-pegged stablecoin will be issued by Paxos Trust and backed by dollar deposits, short-term Treasury bills and similar assets.
The decentralized exchange has frozen its smart contract as the team works to investigate the cause of the exploit.
The proposed capital injection would fund partial creditor recoveries and leave OPNX with a 75% stake in the troubled crypto lender.
Virtual Private Network users appear to be barred from accessing the DAI lending market just as an 8% enhanced savings rate for the stablecoin took effect.
Executives from Huobi have denied reports that executives from the crypto exchange are the subject of an investigation.