Crypto
Crime
Terraform Labs appoints Chris Amani as CEO to replace Do Kwon
The firm behind TerraUSD and Luna has selected Chris Amani as its next leader.
Exchanges
Do Kwon, Sam Bankman-Fried, and Elon Musk among the high-profile crypto wallet bounties on Arkham’s Intel Exchange
The three individuals account for about $8,000 of the total on-site bounties.
Regulation
Nevada court orders Prime Trust into temporary receivership
Former banking executive John Guedry has been selected to oversee the firm.
AI
Meta opens AI model up for commercial use with Llama 2
Facebook's parent company continues to pursue its own artificial intelligence development.
Regulation
Elizabeth Warren asks SEC to investigate Elon Musk’s dual roles at Twitter and Tesla
Musk and Warren are known for being pro- and anti-crypto, respectively.
Regulation
Gary Gensler ‘disappointed’ in Ripple ruling regarding retail investors
The SEC chair said the agency would review the opinion and continue working to bring non-compliant firms into compliance.
DeFi
Struct Finance gains 100% in 7-day TVL, ranks first by that measure on Avalanche
Struct has doubled its locked value in a single week shortly after its launch.
CBDCs
U.S. presidential candidate Ron DeSantis says he’ll “nix” CBDCs upon election
The Republican hopeful promised to block CBDCs on day one of his presidency.
Bankruptcy
BlockFi CEO neglected warnings about FTX prior to collapse, court docs say
CEO Zac Prince told employees to "get comfortable" with BlockFi's use of funds.
Legal
Mysterious self-proclaimed Binance stakeholder “Eeon” seeks to intervene in SEC’s suit against the exchange
An unknown party identifying itself only as "Eeon" has filed a motion to intervene in the SEC's suit against the crypto giant, asserting a claim to assets frozen on Binance.US.
DeFi
Synthetix founder launches Infinex to compete with centralized exchanges
Infinex intends to serve as a Synthetix frontend with an improved UX.
Analysis
Crypto markets are booming after historic XRP ruling; BTC and ETH both break critical barriers at 31k and 2k
The total crypto market has grown by over 6% over the past 24 hours.