Business
Blockchain sleuths who uncovered new information on wallets connected to Terraform Labs received a $5,000 payout.
The world’s largest crypto exchange intends to ask the court to dismiss a lawsuit filed by CFTC in March.
The price of MKR appeared to drop after the deposits to the crypto exchange Coinbase, noted blockchain data firm Spot On Chain.
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.