2024-05-16
wild, this was for the exploit of the mev-boost relay
CoinDesk
The US DOJ indicts two brothers for allegedly stealing $25M in crypto via an exploit of the MEV-Boost software used by some Ethereum validators
The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value. — 10 Years of Decentralizing the Future
2023-11-21
somehow openai's governance is worse than the cosmos hub
Bloomberg
Ilya Sutskever and over 700 out of ~770 OpenAI staffers sign a letter saying they may quit and join Sam Altman unless the board resigns and reinstates Altman
- Majority of OpenAI employees sign letter seeking new board — Board member Ilya Sutskever is among the signatories
2023-03-09
now that fed funds rate is ~5%, ironically the best time to launch a crypto bank. 1. replace si's $10b deposits 2. pay no interest on deposits 3. highly restrict crypto loans 4. take no duration risk 5. generate $0.5B nim 6. add high fees for other stuff (ppl will pay it) https://twitter.com/...
The Block
Silvergate Capital plans to wind down operations and voluntarily liquidate Silvergate Bank, including “full repayment of all deposits”; SI drops 40%+ to ~$5
- Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate Silvergate Bank in accordance with applicable regulatory processes.
2022-12-19
looks like no plans to liquidate gbtc https://twitter.com/... https://twitter.com/...
Wall Street Journal
Investor letter: Grayscale CEO Michael Sonnenshein details options if the Grayscale Bitcoin Trust's ETF plans fail, including a tender for outstanding shares
Michael Sonnenshein attempts to assuage fears of Grayscale Bitcoin Trust investors after collapse of FTX
2022-11-17
enron walked so ftx could fly https://twitter.com/...
CoinDesk
Bankruptcy filings: FTX CEO John J. Ray III, who oversaw Enron, condemns SBF's “unprecedented” management, describing a “complete failure of corporate controls”
The former FTX CEO's unconventional style is under the spotlight as bankruptcy professionals pore over the exchange's collapse.