Business
Open AI founder Sam Altman’s decentralized identity protocol Worldcoin has officially launched, along with its ERC-20 token WLD and the World ID software development kit.
DeFi
The group of activist investors behind Incubator DAO sold the ROOK tokens received during the treasury migration.
Early investors of Parrot Protocol stand to lose nearly 90% of their initial investment in the team’s $85 million Initial DEX Offering (IDO).
The crypto payment service’s hot wallet was hacked on Ethereum, Tron and Bitcoin and the stolen funds were distributed to multiple addresses.
Bitcoin
The couple are pleading guilty to laundering of bitcoins stolen in 2016 from Bitfinex. According to a source, their sentences could be reduced due to good behavior.
Regulation
Industry watchers were divided on whether the new digital asset bill provided much-needed regulatory clarity for the industry, or whether it spelled the end for DeFi.
The DeFi protocol’s community voted to decrease the debt ceiling to the beleaguered tokenized credit pool to zero.
Lawyers for the bankrupt crypto exchange alleged that Sam Bankman-Fried, Caroline Ellison, Gary Wang and Nishad Singh made over $1 billion worth of fraudulent transfers between February 2020 and November 2022.
Terraform Labs wants access to wallets used by short sellers on FTX to trade UST and LUNA to prove that a “coordinated attack” was behind the depeg of its algorithmic stablecoin.
Polygon developers called for a new governance structure, assigning specific decision-making mechanisms for protocol governance, smart contracts and the community Treasury.
