On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.Source
Shifke fills the gap left when Michael Kraines stepped down as CFO in April.Source
Digital Currency Group comments on the restructuring in an investor letter.Source
In theory, this could boost the price of DYDX, based on the basics of supply and demand.Source
Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.Source
Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts of the Curve system. Several stablecoin pools on the platform — used for pricing and liquidity on a number of different DeFi services — have been drained by hackers so far.Source
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.Source
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.Source
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.Source
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.Source