— Crypto
DebtDAO burns 18 million controversial FUD tokens
Justin Sun's crypto exchange Huobi has said it supports the unknown DebtDAO's burning of 18M FUD tokens that supposedly represent FTX debt.
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Craig Wright pursues jury trial over billions worth of bitcoin
A court of appeals judge in London has ruled that Craig Wright may proceed toward a jury trial of his claims against Bitcoin Core developers.
Huobi monetizes FTX collapse with opaque debt token
Justin Sun's Huobi has announced it will list the FTX User Debt (FUD) token issued by the DebtDAO, though details are sparse.
— Crypto, Regulation
UK watchdog warns crypto firms of tougher rules with prison penalties
The FCA has told crypto firms, influencers, and tech companies to do more to protect consumers from financial scams.
How Triad-linked gang used crypto and casinos to launder $10B
Australian Federal Police have disrupted the Xin Money Laundering Organization, responsible for moving billions in dirty money.
Devs of crypto scam Dingo pump fees to 99% via backdoor
Hidden functionality on Dingo Token's smart contract allows developers to manipulate it to add a 95% tax fee and a 4% liquidity fee.
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.
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!