Some bounties that have received a submission include identifying the addresses that exploited FTX during its collapse. Source
Arkham Intel Exchange Shows 11 Submissions Since Debut Including Finding Elon Musk’s Wallet
Day: July 21, 2023
Sam Bankman-Fried’s brother planned to buy island and prep for apocalypse: court filing
Gabriel Bankman-Fried, the brother of former FTX CEO Sam Bankman-Fried, had a plan to survive a global catastrophe using funds from the now-defunct cryptocurrency exchange. According to a July 20 filing with the United States Bankruptcy Court for the District of Delaware, Gabriel planned to purchase the island nation of Nauru in the Pacific using allegedly misappropriated funds through the FTX Foundation. Projects with the charity “that served little purpose other than to enhance the public stature of Defendants,” according to court documents, included a $300,000 book grant on “humans’…
Sam Bankman-Fried’s brother planned to buy island and prep for apocalypse: court filing
Gabriel Bankman-Fried, the brother of former FTX CEO Sam Bankman-Fried, had a plan to survive a global catastrophe using funds from the now defunct cryptocurrency exchange. According to a July 20 filing with United States Bankruptcy Court for the District of Delaware, Gabriel planned to purchase the island nation of Nauru in the Pacific using allegedly misappropriated funds through the FTX Foundation. Projects with the charity — “that served little purpose other than to enhance the public stature of Defendants,” according to court documents — included a $300,000 book grant…
DeFi Project Parrot Puts Fate of Over $70M Treasury, PRT Token, to Vote
The redemption plan appears to heavily favor employees and Parrot’s venture investors. Last November, Parrot finance unlocked all remaining team and VC tokens two years ahead of schedule. Community members claim the modified vesting schedule gives these insiders a redemption price of $0.055, 22% higher than the original, public investors. Source
Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar
The U.S. Federal Reserve denies that its new instant payments service, FedNow, is in any way tied to the digital asset space. But experts say the new system could lay the groundwork for the infrastructure needed for a potential central bank digital currency (CBDC) in the U.S. And so this week’s announcement has led to a fresh airing of warnings about potential privacy and control risks around a digital dollar. Source
XRP price searches for a fresh bullish catalyst to trigger a move above $1
XRP (XRP) price booked an incredible 100% gain on the same day as the landmark ruling in the XRP securities case, but buyers are now struggling to hold on to these gains. The price surge came after judge Analisa Torres of District Court of the Southern District of New York ordered that XRP sale to retail investors does not qualify the token as a security in the U.S. Securities and Exchange Commission’s (SEC) case against Ripple. While the trading interest in XRP is reviving, the technical and network usage data…
Americana, Backed by Reddit Co-Founder Ohanian, Launches On-Chain Service For High-End Collectibles
CryptoX – Cryptocurrency Analysis and News Portal Americana CEO Jake Frey, who previously founded a private design studio specializing in digital products and has worked with Apple, Snapchat, Shopify and Twitter, said in a press release that the platform was created to remove friction associated with buying, selling and storing high-end collectibles. Source The post Americana, Backed by Reddit Co-Founder Ohanian, Launches On-Chain Service For High-End Collectibles appeared first on CryptoX. CryptoX Portal
DeFi Lender MakerDAO’s MKR Price Soars as Token Smart Burn Engine Goes Live
MKR briefly rose above $1,200 early Friday for the first time since last August, then pared some of its gains to change hands at around $1,148. The token is up 28% over the past week, significantly outperforming the 4.6% decline of the CoinDesk Market Index, which tracks the broader crypto market’s performance. Source
McDonald’s debuts McNuggets Land in The Sandbox
McDonald’s Hong Kong has picked The Sandbox to build its first Web3 experience, the McNuggets Land, a virtual world dedicated to celebrating Chicken McNuggets’ 40th anniversary. The experience takes users to a virtual store, with a hidden factory and a tour through the history of the chicken snack, allowing gamers to play and complete quests to win rewards, such as the metaverse utility token SAND, which is used to purchase virtual goods and customize avatars on the platform. Hong Kong users can also win 365-day free Chicken McNuggets coupons for…
OpenSea’s New Deal, McNuggets Land in the Metaverse
This week, OpenSea introduced “Deals,” allowing NFT collectors to trade directly with one another and McDonald’s launched McNugget Land in The Sandbox, inviting users to interact with pixelated nuggets and play mini-games. Source