Wormhole hacker buys Lido’s stETH on heavy margin
Stolen assets from the Wormhole hack are looping DAI and ETH to acquire a leveraged-long position on LidoDAO’s liquid staking token, stETH.
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The Weekend Shift: Crypto, Exploits, AI
The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.
Genesis creditors are starting to bail on bankrupt lender
Prior to the bankruptcy, many Genesis creditors said they still believed they'd be able to get all or most of what they had deposited back.
Tim Draper asks Sri Lanka if it has ‘the guts’ to adopt bitcoin
Venture capitalist Tim Draper went to Sri Lanka to point out that its reputation is one of corruption... but bitcoin will fix it!
Anarchist coders say new DarkFi project will be better than Bitcoin
DarkFi says its project will let users write zero-knowledge smart contracts that unlock an unexplored design space of anonymous applications.
Ripple says SEC lawsuit could end in weeks — don’t hold your breath
More than two years in, the SEC v. Ripple suit about an alleged unregistered securities offering could reach summary judgment soon.
Kraken shutters Abu Dhabi office a year after gaining license
The move to close its Abu Dhabi office is likely part of Kraken's wider cost-cutting measures that have seen it lay off most of its MENA team.
Bitfinex and unknown sources deposit $13M in Alameda Research crypto wallet
Alameda Research received $6M in USDC and $2.5M in ether from Bitfinex overnight, along with $4.5M from an unknown source.
NFT wash trade accounts for 6.5% of daily sales volume on OpenSea
Wash trading has been common in the NFT market with some reports alleging that, at the peak of the NFT bull market, it made up 80% of sales.
Can Solana stay afloat without SBF and FTX?
SBF was a champion of Solana before he was criminally indicted. Now, Solana wants to move on – and keep its blockchain online.