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FTX, the prominent cryptocurrency exchange, was recently embroiled in controversy when court documents revealed a plan devised by Gabriel, the younger brother of FTX's CEO, SBF. According to the documents, Gabriel aimed to utilize FTX clients' funds to purchase the entire country of Nauru. The idea was to transform Nauru into a post-apocalyptic sanctuary, complete with a highly secretive laboratory for conducting human genetics experiments and other projects. Who needs a private island when you can have a whole sovereign nation, right? The court documents further detailed instances of transactions involving the founder's family, including those that have been previously disclosed. While the idea of buying a nation for such purposes seems like something out of a sci-fi movie, it underscores the madness that was going on inside the FTX.

WhiteBIT has just announced that they've taken a snapshot and closed Zealy quests. The launch date for the WB Network's mainnet is still under wraps, but it might be coming soon. Right now, the company is busy checking user activity leading up to the snapshot. So, let's keep our eyes peeled for the airdrop!

Private banks in South Korea, Hana Bank and Woori Bank, have taken a keen interest in tokenized deposits, commonly known as Deposit Certificates or CDs. CDs offer an alternative rooted in blockchain technology, serving as an equivalent to private stablecoins and Central Bank Digital Currencies (CBDCs). Presently, it's being viewed as a potential substitute for customary notes and deposits without disrupting the existing banking system.

Bloomberg reports that Apple is working on its own GenAI model, codenamed Ajax. The chatbot leverages Google's framework and runs on Google Cloud, with a primary focus on maintaining user privacy and confidentiality. For now, Ajax will be used for in-house purposes like creating product prototypes and analyzing data. However, it might become available to the public in the future.