#money

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.

In his new post, SBF found inconsistencies in documents filed by the law firm Sullivan & Cromwell (S&C) to a Delaware court alleging that FTX US is insolvent. S&C somehow failed to include $428 million of assets in FTX US bank accounts in the report. As a result, SBF concluded that FTX had hundreds of millions of dollars in excess of what the exchange needed to pay its obligations to users. Just return the money, Sam!

PeckShield, a blockchain security firm, warns that zero-transfer scammers are behind two of the largest gas spenders. The scheme is as follows: 🛑 Fake addresses are created by imitating real ones. 🛑 The TransferFrom function is then used to make a zero transfer from any wallet to a smart contract. 🛑 As a result, a fake transaction history is created and shown in users' wallets and on Etherscan. The only thing left to do is wait for the transfer from the victims who did not thoroughly check the address before sending the money.

Hivemapper has finished beta testing a recorder that can be used to earn Honey tokens for contributing to the development of a decentralized global mapping. The technology is simple: 📌 You get paid for videos of routes you plot on maps. 📌Others buy these videos if they suffer from complete lack of sense of direction. 📌Founders of the project make money by selling its car recorders at the cost of an airplane wing. We once joked that people would soon start mining with kettles. And we were right, though wrong about the device. - Patrick, Move-to-Earn is off the table! - If not M2E, then what? - Drive-to-Earn.

FTX’s lawyers prepared a $445.8 million suit against Voyager Digital, for loan repayments that Alameda made shortly before Voyager went bankrupt. We have extensively covered this story of "unlove" earlier. The comedy of the situation is that bankrupt Alameda accuses bankrupt Voyager Digital of using the money of creditor's clients, i.e. Alameda. But the key point is that Alameda itself granted the loan from the FTX funds, which actually belonged to the customers of the curly-haired swindler's exchange. Like a drowning swimmer, Sam is dragging everyone down with them. Does he really believe that would help them climb up to the top?