After the Curve Attack: What’s Next for DeFi?
The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model.
DCG Says It Sees Resolving Genesis Chapter 11 Bankruptcy Soon
Digital Currency Group comments on the restructuring in an investor letter.
Pass the Stablecoin Bill Now
The choice isn’t stablecoins vs no stablecoins. It’s between regulated products with low fees that protect consumers, and offshore assets with low transparency and no oversight, says Austin Campbell.
DYdX Proposal to Slash Token Issuance Wins Early Support
In theory, this could boost the price of DYDX, based on the basics of supply and demand.
Coinbase’s New Base Blockchain Gobbled Up $68M in Ether, and It’s Not Even Officially Live Yet
Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.
Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.
AWS-Reliant Blockchains Won’t Bring Transparency to AI
(Steve Johnson/Unsplash, modified by CoinDesk)
Sam Bankman-Fried’s Attempts to Influence Witnesses Show He Must Be Jailed Before Trial: DOJ
Sam Bankman-Fried’s repeated efforts to contact witnesses and influence their testimony shows that “no combination of conditions will reasonably assure the safety of the community,” prosecutors said in a written filing calling for his bond to be revoked.
Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
The struggling platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains “fully committed” to the metaverse and AI.
No, Sam Bankman-Fried Is Not Being Bailed Out by Democrats
Republican candidate Vivek Rameswamy is rightly furious over dropped campaign finance charges. But the charges are likely to return after a procedural adjustment – and claims of corruption do more harm than good.