Tech
The Optimism-based wallet uses account abstraction to eliminate the need for seed phrases to recover lost crypto.
Business
The U.S. Department of Justice (DOJ) said they do not intend to proceed with a campaign finance charge against the former FTX CEO.
The crypto payments firm claims that North Korean cybercrime group Lazarus was left with a “record-low reward” after hacking its platform for millions of dollars.
Regulation
The U.S. House Financial Services Committee has advanced a bill that aims to create comprehensive rules for digital assets.
The former FTX CEO reportedly made over 100 phone calls to the reporter behind the New York Times article that revealed Caroline Ellison’s private journal entries.
A U.S. District Judge has granted prosecutors additional time to make their case against former Celsius CEO Alex Mashinsky.
DeFi
DeFi protocol Yearn Finance has opened up almost all the permissioned functions on its vault as part of a challenge for users to “rug” the platform.
The attacker drained millions of dollars’ worth of crypto from the lending app using a read-only re-entrancy attack.
The allocation will support the process of creating on-chain digital representations of real world assets using Avalanche’s consensus mechanism, the Foundation said.
NFTs
Could AI be crypto’s game-changer? Placeholder’s Joel Monegro and Chris Burniske dive into the compelling case for this convergence.
