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Worldcoin is set to begin paying its Orb Operators — those rewarded for scanning people's eyes — with its native Worldcoin (WLD) token, phasing out USD Coin (USDC) as early as next month.According to an Oct. 22 announcement, Worldcoin says Orb Operators — who are “independent ecosystem participants” tasked with scanning
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“Did you have a view that Alameda could borrow, so long as borrows weren’t in excess of assets?” Cohen asked Singh, clearly hoping for some variation of a “yes” answer. Singh, however, seemed to sense a trap. He answered obliquely: there were many “scenarios” where Singh didn’t think Alameda’s borrows
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Michael Lewis, the author of “The Big Short,” says the disgraced crypto entrepreneur was exploring the legality of such a move. Sam Bankman-Fried (aka SBF), founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, was considering paying Donald Trump $5 billion not to run for re-election. In an interview with CBS,
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Lewis, however, noted that there was no way for SBF to confirm if that number came directly from Donald Trump. Michael Lewis, who currently documents the ‘grace to grass’ story of Sam Bankman-Fried (SBF) has revealed some unpopular facts about the FTX founder. According to the acclaimed author of “The Big
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Bankman-Fried’s dad, Joe Bankman, was paid a $200,000 salary by FTX’s U.S. division, according to the filing from FTX’s bankruptcy estate, which just sued the parents. But that wasn’t enough, he said, telling an FTX executive in a Jan. 12, 2022, message that he was supposed to get $1 million
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi saw Coinbase CEO stand up for the nascent ecosystem amid growing calls for enforcement action, while Polygon CEO
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Australian crypto exchange Swyftx is launching a new “Earn and Learn” crypto education platform, aimed at rewarding its users for completing courses covering an array of crypto scams. The new educational platform will launch on Sept. 6 and comes amid heightened attention over crypto-related scams in Australia. Swyftx’s head of corporate
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A New Jersey resident, John Michael Musbach, has been sentenced to 78 months in prison following his attempt to hire a hitman via the dark web to assassinate a minor he had previously sexually exploited. The objective
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The complaint, filed Tuesday, alleges Daniel Friedberg served as a "fixer," paying "exorbitant hush money" to would-be whistleblowers who threatened to expose the exchange's alleged misappropriation of user funds. He faces 11 charges, including legal malpractice, breach of fiduciary duty, corporate waste and several counts of fraudulent transfers, according to
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A new program from the Fantom Opera network (FTM) team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pay eligible developers 15% of the total gas fees their apps generate.Gas Monetization on #Fantom is live!
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