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Balance CEO Ric Burton says Uniswap founder Hayden Adams, who he once considered to be his closest friend, has fooled him. According to Burton, he invested a lot of effort to take Uniswap to the market. He paid for developer services, paid for Adams' rent, dipped into Balance's money to cover his expenses. Burton was sure that Hayden would include him in the Uniswap round for this help. But he never became the co-founder of Uniswap. And now, when his $25,000 would be worth $18 million, he has brought this story public. Of course, it's not about the money. It's all about justice.

Lending protocol Everlend Finance has announced that it has ceased operations. The reason is simple: a lack of liquidity. The codebase is left open-sourced by the developers so that others can continue working on the project. However, the team also maintains that Everlend is a fantastic product that will eventually be very convenient, and that Solana is the most effective network for its implementation. The app is now in withdrawal-only mode

The Dubai Virtual Assets Regulatory Authority (VARA) has changed its virtual asset circulation rules. A significant change was the prohibition on so-called privacy coins such as ZCash and Monero. Organizations operating within the local jurisdiction are also prohibited from issuing and promoting this type of cryptocurrency. Well, you can't really blame a major cryptocurrency hub like Dubai for that. They provide transparency and demand it in return.

The decentralized Damus app had hardly topped the list of the most downloaded apps when the Chinese government blocked it. The Damus app has been removed from the Chinese AppStore because it "contains content that is illegal in China.” The ban was initiated by the local Cyberspace Administration. According to the CAC, Damus provides "information services capable of social mobilization.” At least it has no attribute of denazification.