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Ava Labs President on Curve Finance Exploit, Future of Asset Tokenization
Ava Labs president John Wu joins "First Mover" to discuss Avalanche Vista, a $50M initiative for purchasing tokenized assets minted on the Avalanche blockchain, along with the opportunities and challenges of asset tokenization. Plus, his reactions to the Curve Finance exploit, Ripple's partial win against the SEC and outlook for the metaverse.

Ava Labs President: Curve Finance Exploit 'Highlights the Need for Better Security Audits' in DeFi
Ava Labs president John Wu reflects on Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, becoming the latest victim of an exploit. Wu notes it's another unfortunate setback for the space and highlights the need for better security audits in the space. "Hopefully, one day, maybe even artificial intelligence can be used to more efficiently review their contracts and make it more secure," Wu added.

Worldcoin Faces Investigation in France; Grayscale Wants Equal Treatment for Spot Bitcoin ETF Filings
"CoinDesk Daily" takes a look at the top headlines in crypto today, including Worldcoin, which was co-founded by OpenAI's Sam Altman, facing new scrutiny in France. Grayscale calls for a fair process when it comes to the SEC approving spot bitcoin ETF applications. Binance files a motion to dismiss a lawsuit from the CFTC. And, an update on what FTX founder Sam Bankman-Fried's attorneys are now asking from the court.

Bored Ape Yacht Club Parent Hosts New 'Otherside' Metaverse Demo
Bored Ape Yacht Club's parent company, Yuga Labs, hosted a live in-person demo of its Otherside gamified metaverse world tailored to Bored Ape holders, soliciting live feedback from members of its original community. "The Hash" panel discusses the latest developments around the BAYC ecosystem amid crypto winter.

Safary Co-Founder on Web3 Growth Landscape
Safary Club is out with a recent report exploring the state of Web3 growth startups. The data reveals more than $600 million has been raised across 71 companies. Safary co-founder Justin Vogel discusses the key takeaways, along with his outlook on whether Web3 is getting its marketing right.

Parrot Finance Starting PRT Token Buyback Next Week
DeFi protocol Parrot Finance is moving forward with an activist investor-led plan to phase out its governance token (PRT) and will begin redemptions on Monday. Parrot’s redemption program comes two years into the project’s unremarkable run on the Solana blockchain, where it has failed to catch fire despite raising over $90 million from investors. "The Hash" panel discusses what this suggests about the fate of the Parrot protocol and the state of DeFi at large.

Rep. George Santos Reportedly Involved Crypto in Nigerian Prince-Like Scheme
George Santos, a first-term member of the House of Representatives, appears to be involved in a crypto-centric version of the classic Nigerian prince email scam geared toward a campaign donor, according to the New York Times. Santos is under indictment for thirteen felonies, including allegedly embezzling contributions from supporters. A request for comment sent to Santos' lawyer about the report was not immediately returned.

Hype Over AI-Related Tokens Appears to be Wearing Off: Kaiko
Kaiko data reveals that AI-related cryptocurrency tokens, including Fetch.ai and Singularity Net, recently saw their lowest trading volumes since January, following a buzzy launch of ChatGPT that stimulated investor interest earlier this year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CyberKongz Moves to Sky Mavis' Ronin Blockchain for Genkai Collection
Sky Mavis, the Vietnam-based firm behind breakout play-to-earn title Axie Infinity, has announced a partnership with the CyberKongz non-fungible token (NFT) project to introduce the Genkai collection to the Ronin blockchain for the first time. Forkast Lab’s NFT strategist Yehudah Petscher speaks to Kathleen Osgood from Sky Mavis and CyberKongz's Henry the Grape about this partnership.

Long-Awaited U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House
House lawmakers cleared a long-awaited stablecoin legislation for the next step in its route through Congress late Thursday night. This comes as three other key bills were advanced. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the latest developments.
