Business
The New York Attorney General’s office now says that DCG and its affiliate Genesis defrauded customers and institutions of more than $3 billion, up from the initial charges of $1.1 billion.
Genesis has settled a lawsuit with the New York Attorney General, structuring the settlement to pay back Gemini Earn customers and other creditors with funds that would have otherwise gone to authorities.
The Court of Appeals in Montenegro accepted an appeal from Terra founder Do Kwon’s lawyers, overturning a decision from the High Court granting his extradition to either the U.S. or South Korea.
Tech
Gameplay is over for me and 348 other contestants. But politicking will continue as the winner is chosen by those cast off. Meanwhile, I have a few reflections after more than a week of playing.
Ethereum
Dencun, which will introduce “proto-danksharding,” is the most substantial update to Ethereum since last April’s “Shapella” upgrade.
Did an insider have something to do with the $112 million hack on Ripple chairman Chris Larsen’s personal accounts? Blockchain security researchers at Hacken say its too early for conclusions, but two wallets connected with the XRP authorized wallet played a key role in the events.
The Dencun upgrade was forked on Ethereum’s Holesky testnet on Wednesday, bringing “proto-danksharding” one step closer to mainnet deployment.
Bitcoin
Chainway Labs announced the rollout of Citrea, the first zero-knowledge (ZK) rollup on Bitcoin.
The remaining 132 players will start voting tonight to eliminate more contestants from the first season of the Survivor-like crypto game.
The largest validator securing Dymension, a recently launched modular blockchain, has the name “Big Brain Staking,” and it controls 35.6 million DYM, 18.5% of the total voting power.
