Business
Crypto trader DeFiSquared took aim at Worldcoin’s “predatory tokenomics” that could potentially see WLD supply inflate at 4% per day after token unlocks and emissions commence.
Ethereum
While Ethereum layer 2s are at an all-time high in terms of active addresses and transactions, the mainnet may not be doing as well.
Sonne Finance has paused all markets on Optimism after an attacker exploited a common vulnerability in forks of Compound Finance, draining an estimated $20 million from the protocol’s smart contracts.
DeFi
A pseudonymous core contributor to the Cypher Protocol that stayed on to rebuild the project after a $1 million exploit in August has admitted to stealing and gambling some of the protocol funds that were recovered.
Sun has received airdrop allocations from crypto projects such as EigenLayer and EtherFi, and is also earning points from his deposits into Swell and Puffer Finance.
Regulation
The Administration’s anti-crypto policies risk alienating voters of both parties. But the bigger, albeit also potentially misguided, picture may be about preserving America’s global economic power.
How will LayerZero manage its airdrop amid falling crypto prices, millions of users, and several stakeholders?
Coinbase assured users that funds are safe as its team investigates a system wide outage.
After disappearing from the scene in 2021, influential GameStop investor “Roaring Kitty” has resurfaced on X and posted multiple movie clips with no comment. Here’s our interpretation.
Solana
Keith Gill, a.k.a. Roaring Kitty, tweeted a meme on Sunday of a gamer becoming serious, ending a roughly three-year hiatus from the social media platform.