FTX Blowup Helped Enrich the Ethereum Validators Who Run the Blockchain
They saw a surge in MEV, or profits from optimizing the order of transactions, surge amid crypto chaos early this month.
Mobile-Focused Blockchain Celo Partners with Ethereum-software Firm ConsenSys
The partnership will allow for Celo to integrate with ConsenSys’ Infura infrastructure
FTX Exploiter Converts Millions in Ether to Alameda-Linked Ren Bitcoin Tokens
In addition, the exploiter transferred thousands of ether to a brand-new wallet.
Bank of America Says Crypto Exchanges’ Proof of Reserves Have Too Many Shortcomings
The cryptocurrency industry also needs a clear delineation between trading platforms and market makers, the bank said.
Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023
USDA would be the first fully fiat-backed, regulatory-compliant stablecoin in the Cardano ecosystem, Emurgo said.
Sui Network, a New Blockchain From Ex-Meta Employees, Launches Its Testnet
The competitor to the Aptos blockchain said that developers can continue to use its devnet.
‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX
Several exchanges, including Binance, have announced plans to integrate proof of reserves in the near future.
Ethereum Software Firm ConsenSys Co-Launches Ethereum Climate Platform
The initiative aims to address Ethereum’s excess energy consumption before it went through the Merge.
FTX Exploiter Swaps Thousands of Stolen BNB Crypto Tokens Into Ether, BUSD
The attacker appears to convert their illicitly gained funds around the same time every day.
DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Osmosis
MakerDAO’s new tech, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s jam-prone base layer.
Matter Labs Nets $200M to Build zkSync Ethereum Scaling Platform
A week after zkSync V2’s “baby alpha” launch, Matter Labs said it would open-source its code and push for improved standards around rollup development.
4 Key Takeaways from the FTX Fiasco
The real reason why the FTX failure hits so hard is not because the crypto industry was duped, but because it proved that the industry was vulnerable to being duped.
FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder
Some $27 million worth of ether was converted to the DAI stablecoin, while funds on the BNB Chain were converted to ether and bridged to the Ethereum network.
Tether Blacklists Mysterious FTX Wallets as Account Drainer Liquidates MATIC, LINK, AVAX Holdings
The exchange’s public wallets hold just over $52,000, data shows.
Cosmos Blockchain Founder Kwon Says He Is Against Proposed Changes to ATOM Token
Voting on the contentious proposal, which would allow the introduction of liquid staking, ends Monday,
David Chaum Rolls Out Privacy-Protecting CBDC Technology
DeFi Exchange Platform dYdX Places Solana in ‘Close Only’ Mode
The move comes after Solana has plummeted 40% in 24-hours due to its link with the beleaguered Sam Bankman-Fried empire.
Vitalik Buterin’s New Ethereum Roadmap Takes Aim at MEV and Censorship
Amidst a number of new changes, Buterin’s new vision for Ethereum adds a section aimed at curtailing the threats of centralization.
JPMorgan: Lessons Learned From the Crypto Crash
The recent market slump highlights the risks stemming from regulatory shortcomings, the bank said.