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By admin California has passed a law that blocks public officials from issuing meme coins and limits platforms offering politician-themed tokens to California residents. Governor Gavin Newsom signed Assembly Bill 2409, which prohibits “public officers” from issuing meme coins and gives prosecutors the power to pursue civil enforcement against violators. That enforcement can include disgorgement […]
By Aliyu Pokima Key highlights: KelpDAO sued LayerZero CEO Bryan Pellegrino over the $292 million rsETH exploit that drained 116,500 rsETH KelpDAO alleges LayerZero endorsed the 1-of-1 DVN configuration that allowed the attacker to forge a cross-chain message Pellegrino rejected the allegations, pledging to defend himself in court KelpDAO has taken LayerZero and its co-founder […]