⛑👀 Red Cross to unveil blockchain-based aid distribution project prototype
the block
the block
🇸🇬👀 Deputy Prime Minister of Singapore: Singapore has no plans to become the center of crypto activity businesstimes.com.sg
💰 Ngrave, Cryptocurrency Hardware Wallet Producer, Looks to Raise $15M in Series A Funding Round
👀 Former FTX CEO Brett Harrison is in talks with investors about a new crypto startup.
🤖 CryptoAttack 🇬🇧
👀 South Korean prosecutors have requested a warrant for the provisional arrest of Terra co-founder Daniel Shin and others yna.co.kr
🙋♂️ Arrest warrant for Daniel Shin was rejected by a Korean court.
coindesk.com
coindesk.com
🙋♂️ Teneo, which oversees the liquidation of 3AC, has taken control of some of its assets. The company gained control of $35.6 million and 3AC Starkware tokens, among other assets.
theblock.com
theblock.com
🏴☠️ Overnight Finance has been exploited. Someone stole 175,188 USDC from the Overnight pledge on the Avax network.
twitter.com
twitter.com
📊 While the Ren community expressed great confusion and frustration with Ren Protocol after the Alameda crash, the community submitted positive RFCs to save Ren Protocol from being infected by FTX. Current state:
- Ren Protocol only has $160,000 in treasury and won't be able to compensate the Ren Labs team after Q4. Ren Labs doesn't have enough time to find a solution.
- MakerDAO and Ren asset owners must burn and restore their native assets before the official shutdown of Ren 1.0.
- The lack of legal transparency on the part of Ren Labs regarding the intellectual property of the Ren Protocol worries the Ren community. The restructuring of the management structure of Ren DAO may lead to new legal issues.
- Ren Protocol only has $160,000 in treasury and won't be able to compensate the Ren Labs team after Q4. Ren Labs doesn't have enough time to find a solution.
- MakerDAO and Ren asset owners must burn and restore their native assets before the official shutdown of Ren 1.0.
- The lack of legal transparency on the part of Ren Labs regarding the intellectual property of the Ren Protocol worries the Ren community. The restructuring of the management structure of Ren DAO may lead to new legal issues.
🤡 The SBF claims that he "didn't know much" about Alameda's finances. Forbes reports that he sent them information about Alameda's assets as recently as August.
👀 Around $11 billion in GBTC assets under management pose a risk in a bear market, according to UBS.
theblock.com
theblock.com
👀 Current estimates show that the next bitcoin mining difficulty update will result in a 7% - 8% drop, making it the biggest difficulty drop this year. The adjustment is expected to take place in the early hours of next Tuesday.
theblock.com
theblock.com
🤔 BlockFi customers refuse to pay off their credit card debt after a bankrupt firm froze their funds.
benzinga.com
benzinga.com
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🙋♂️ The 3AC bankruptcy process is facing challenges due to the unknown whereabouts of the founders. The liquidators claim that Zhu Su and Kyle Davis are in Indonesia and the Emirates, where it is difficult to enforce foreign court orders.
cointelegraph.com
cointelegraph.com
🤖 CryptoAttack 🇬🇧
🌚 Apple has blocked the Coinbase Wallet app. Apple claims the gas fee required to send NFTs must be paid through their system so they can collect the 30%
🦊 MetaMask co-founder Dan Finlay says he's ready to stand up to Apple in solidarity with Coinbase Wallet: I'm guessing MetaMask and all other wallets will be next. I am ready to give up the Apple ecosystem. A 30% tax is an abuse of monopoly.
👀 The consulting company Teneo controlled part of the assets of Three Arrows Capital