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Tech

The Protocol: Movement Labs Develops Dev Mainnet

Also: SSV DAO Unveils “SSV 2.0”; Cardano Hard Fork

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Finance

Hut 8 Rises 12% Pre-Market Amid Social-Media Talk of Partnership With Meta

HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69.

A Hut 8 mining facility (hut8.io)

Tech

Mark Zuckerberg Could Teach DAOs Like Compound a Governance Lesson

A $24M "governance attack" led by a whale known as Humpy shows the flaws of a "one token, one vote" system, says security audit firm OpenZeppelin.

WASHINGTON, DC - JANUARY 31: Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. The committee heard testimony from the heads of the largest tech firms on the dangers of child sexual exploitation on social media. (Photo by Alex Wong/Getty Images)

Policy

Sui Launches ‘Incubator’ Hub in Dubai for ‘On the Spot’ Solution Engineering

The hub is in collaboration with Ghaf Group, a blockchain firm in the region.

Kostas Chalkias, co-Founder and chief cryptographer at Mysten Labs, at Future Blockchain Summit in Dubai. (Amitoj Singh/CoinDesk)

Finance

Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days

The Sui blockchain reached a peak of 6,000 TPS in December as it produced 13.8 million blocks in one day.

Sui blockchain TVL (DefiLlama)

Markets

AI Tokens Up After Meta Beats Analyst Expectations

Mark Zuckerberg's Meta said it was pivoting away from Metaverse to Artificial Intelligence in early 2023.

Facebook. (Alex Haney/Unsplash)

Opinion

Why Does Maxine Waters Care About Meta’s Crypto Trademarks?

The California Democrat wants to know what the Silicon Valley tech giant has planned for digital assets, raising the question whether the battered firm is taking another look at blockchain.

PARIS, FRANCE - MAY 24, 2018 : Facebook CEO Mark Zuckerberg in Press conference at VIVA Technology (Vivatech) the world's rendezvous for startup and leaders. (Shutterstock)

Policy

Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts

A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.

Rep. Maxine Waters (D-CA). (Drew Angerer/Getty Images)

Videos

Thailand Issues Warning Against Meta Over Fraudulent Crypto Ads

Thailand’s Ministry of Digital Economy and Society (DES) is warning Meta's (META) Facebook that the platform risks being expelled from the country if the site doesn't curb the number of fraudulent crypto investment scams being advertised. "The Hash" panel discusses whether Facebook should be blamed for the advertisement and the significance of preventing crypto scams.

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Videos

Thailand Warns Facebook Parent Company Meta to Curb Crypto Scams

Thailand’s Ministry of Digital Economy and Society (DES) has told Meta's (META) Facebook to curb the number of fraudulent crypto investment scams being advertised on the site. And, the Minister in charge of DES has asked a Thai court to prepare an order that would shut down Facebook by the end of the month if the platform doesn’t comply. "First Mover" hosts Jennifer Sanasie and Amitoj Singh break down the latest developments.

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