Shaquille O’Neal Finally Served FTX Lawsuit: Lawyers
Legendary Basketballer Shaquille O’Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday.Source
First Mover Asia: Ether Price Hits Fresh 11-Month High
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey writes that to prevent the potentially destructive impact of AI, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, not the monopoly defaulting structure of Web2.Source
U.S. House Committee Publishes Draft Stablecoin Bill
The stablecoin is the first major piece of crypto legislation in 2023.Source
Trump Earned Up To $1M From NFT Sales: Filings
Trump’s income from NFTs comes via a licensing agreement between his company CIC Digital LLC and the collection’s creator NFT INT LLC.Source
Bitcoin Is the ‘Boring, Old Grandpa’ Right Now Compared to Ether: Dexterity Capital Manager Partner
By its nature, bitcoin is a stable thing, and because it doesn’t change, it isn’t exactly the talk of the town, Michael Safai said.Source
Bitcoin Holds Steady Near $30.5K, Ether Circles Around $2.1K
BTC and ETH have risen about 8% and 12%, respectively over the past seven days. While BTC has driven the market this year so far, the Shapella upgrade has boosted ETH trading, according to an analyst.Source
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
The rebalancing comes as ether rallies off a successful Shapella upgrade.Source
Avalanche Surges to 6-Month High in Daily Active Addresses
The spike in daily active addresses coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”Source
Crypto Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding.Source