WuBlockchain Weekly:DAO legislation in Marshall Islands、SBF court appearance、OKX down and Top10 News
Top10 News 1. DAOs recognized as limited liability companies by the Marshall Islands link In a world-first, the Republic of the Marshall Islands announced that the government has passed the Decentralized Autonomous Organizations Act of 2022, which legally recognizes DAOs and enables legal entities to formally adopt DAO structures and governance tools. 2. SBF’s weekly summary a. FTX founder SBF signs extradition papers, will return to US for charges link Sam Bankman-Fried signed the papers to waive an extradition hearing from the Bahamas and will now be flown to the United States to face prosecution. Bankman-Fried was charged by the U.S. Attorney for the Southern District with eight counts including securities fraud and money laundering. b. Two executives in SBF’s crypto empire plead guilty to fraud link Caroline Ellison, the former chief executive of Alameda Research, and Gary Wang, a founder of FTX, have pleaded guilty to federal criminal fraud charges and are cooperating in the federal criminal case against Mr. Bankman-Fried. c. SBF to be released on $250 million bail, will live with his parents link FTX founder Sam Bankman-Fried was released on $250 million bond while awaiting trial for fraud and other criminal charges, a New York federal judge ruled Thursday. The bond was secured by equity in his family home, and by the signatures of his parents and two other individuals with “considerable” assets. 3. OKX briefly down due to an error of its cloud provider link Due to Alibaba Cloud HK Zone C equipment failure, OKX was down on December 18. OKX said that after about ten hours of downtime, it has recovered, mainly due to the OKX’s reliance on a single cloud service provider. It will implement multi-cloud deployment strategies. OKX Will bear the customer’s loss due to service interruption. 4. If Grayscale’s Bitcoin ETF dreams fail, firm may try a tender offer, CEO says link Grayscale may give a tender offer for up to 20% of the outstanding shares of the $10.7 billion trust, which would make a direct appeal to shareholders to sell — or tender — their shares at a specific price during a certain time. 5. Bitcoin miner Core Scientific is filing for Chapter 11 bankruptcy link Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning. 6. The “Big Four” accounting firms are “currently unwilling” to conduct a proof-of-reserves audit for a private crypto company link The “Big Four” accounting firms — known to be Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers — are “currently unwilling” to conduct a proof-of-reserves audit for a private crypto company, a Binance spokesperson told Blockworks. 7. Donald J. Trump announced the launch of his NFT on Polygon link Donald J. Trump announced the launch of the “Trump Digital Trading Card” series NFT on the Truth Social account, priced at $99, with a total of 45,000, issued on the Polygon chain, and can be purchased with credit cards or WETH. 8. Visa is exploring auto payments for self-custodial wallets link Visa said they implemented delegable accounts solution on StarkNet. With StarkNet’s account model, VISA was able to implement delegable accounts solution thus enabling auto payments for self-custodial wallets. 9. Voyager announces agreement for Binance US to acquire its assets link The Binance US bid is valued at approximately $1.022 billion and is comprised of (i) the fair market value of Voyager’s cryptocurrency portfolio at a to-be-determined date in the future, which at current market prices is estimated to be $1.002 billion, plus (ii) additional consideration equal to $20 million of incremental value. Binance US will make a $10 million good faith deposit and will reimburse Voyager for certain expenses up to a maximum of $15 million. 10. Binance will remove some trading pairs; Huobi will delist HPT, etc. link Binance will remove and cease trading on the following trading pairs at 2022–12–27 03:00 (UTC): ANC/BNB, ANC/BTC, ANC/USDT, MIR/BTC, MIR/USDT, TORN/BTC, TORN/USDT, YFII/BTC (Spot Pairs). In addition, Justin Sun’s Huobi exchange stated that it will delist BHD, CNNS, CHAT, COL, FAIR, GTC, HOT, HPT, LET, MTN, MONFTER, RIFI, TOPC, UGAS, XMX and YCC. Among them, HPT is the platform token launched by Huobi Mining Pool. Fundraising
Learn more, check out crypto-fundraising.info. Follow us |
Key phrases
Older messages
a16z leads $100M funding round, the Introduction of Privacy L2 Aztec Eco
Thursday, December 22, 2022
Author: @0xMavWisdom In the wake of Tornado Cash, the privacy track is in the midst of a crisis of confidence. Recently, Aztec Network, a Layer 2 scaling network using the UTXO model and proof of
HashKey Capital: What are the opportunities for WEB3? What is the difference between WEB3 and WEB2
Wednesday, December 21, 2022
Author: Aifang Lu Editor: WuBlockchain Original link: https://mp.weixin.qq.com/s/nfkZ7ErGQRrlnTB5hvYn9Q Web3 entrepreneurship is very fashionable and trendy this year. Whether in China or the United
New player Blur: another challenge to OpenSea
Tuesday, December 20, 2022
Author: @0xMavWisdom After receiving over $14 million in funding from Paradigm and other institutions, Blur, a self-described NFT trading marketplace "for professional traders", has been on a
Global Crypto Mining News (Dec 12 to Dec 18)
Monday, December 19, 2022
1. TeraWulf Inc. announced that it has successfully restructured its previously announced purchase agreement with Bitmain. The parties have agreed to cancel TeraWulf's December 2022 batch of
Asia's weekly TOP10 crypto news (Dec 12 to Dec 18)
Sunday, December 18, 2022
Author:Lily Editor:Colin Wu 1. Terra founder Do Kwon in Serbia, Korean MOJ cooperates with Serbian government in investigation link Terra founder Do Kwon is currently based in Serbia, and the South
You Might Also Like
Top 4 accounting firm turns to Ethereum for blockchain-based business contracts
Thursday, April 18, 2024
OCM is designed to facilitate the secure handling of business contracts on a public blockchain, ensuring privacy by utilizing zero-knowledge proofs to maintain contract integrity and confidentiality. ͏
CryptoQuant Research Director: Halving is imminent and Bitcoin price has room to continue to rise
Thursday, April 18, 2024
Julio Moreno, the Head of Research at CryptoQuant with over 13 years of expertise in commodity research, leads the forefront of on-chain analytics. This podcast discusses CryptoQuant's recent
Fetch.ai, SingularityNET, and Ocean Protocol’s planned $7.5 billion ASI token to launch in May
Wednesday, April 17, 2024
Artificial intelligence was one of the leading narratives in the crypto industry during the first quarter of the year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Claim $AVAX with LayerZero Quest
Wednesday, April 17, 2024
Complete two, easy onchain actions for $AVAX and build your LayerZero onchain reputation. Reputation could help you get the upcoming airdrop Flipside Crypto Hey there, Claim $AVAX when you complete
DeFi & L1L2 Weekly - 💱 Ondo Finance Successfully Tests Near-Instant Conversion Between USDC and BUIDL
Wednesday, April 17, 2024
Ondo Finance tests instant conversion between BlackRock's BUIDL and USDC. Ethereum's Pectra upgrade to introduce smart contract functionality to wallets. EigenLayer removes staking caps on LSTs
DeFi & L1L2 Weekly - 💱 Ondo Finance Successfully Tests Near-Instant Conversion Between USDC and BUIDL
Wednesday, April 17, 2024
Ondo Finance tests instant conversion between BlackRock's BUIDL and USDC. Ethereum's Pectra upgrade to introduce smart contract functionality to wallets. EigenLayer removes staking caps on LSTs
Interpreting the underlying design mechanisms and limitations of the Runes protocol
Wednesday, April 17, 2024
Author: 十四君 Source: https://mp.weixin.qq.com/s/EN8ZdiomQVUQ4WBRZ4GqKA What is Runes? In the past year, the biggest narrative in web3 has been the explosion of the inscription ecosystem, starting with
Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFs
Tuesday, April 16, 2024
Bitcoin and Ethereum ETFs in Hong Kong may struggle due to limited market and high fees - Balchunas ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s 4th Halving
Tuesday, April 16, 2024
Understanding the significance of halvings, impact on miners and bitcoin's price ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Chinese Top VC Discuss Controversial Topics: Is AI+Crypto and Bitcoin L2 Just Hype? Is Binance Too Monopolistic?
Tuesday, April 16, 2024
This episode of the podcast is organized by Wormhole & Pyth during the Hong Kong Activity Week. The host is Colin Wu, Founder of Wu Blockchain. Guests include BMAN, Co-Founder of ABCDE; Michael,