Latest from Sam Kessler
Gitcoin’s Owocki Says Crypto Can Regenerate the World. Just Don’t Call Him Starry-Eyed
A programmer by training, Kevin Owocki's view of securities law is not based in any formal legal training but crypto optimism, evolutionary science, economics and legal theory, with a focus on the principal-agent problem.

Lido’s LDO Token Sinks 10% Following Rumors Crypto Staking Service Received SEC Notice
Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service. A spokesperson for Lido declined to comment.

Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps
Axelar describes its new VM as Kubernetes for Web3.

Crypto Wallet Firm Dfns Says ‘Magic Links’ Have Critical Vulnerability
Affected services say they were given barely any notice before Dfns published its blog post detailing the so-called zero day.

Polygon Blockchain Nodes Briefly Went Out of Sync, Affecting Explorer, Sowing Confusion
A cascade of problems on the Ethereum sidechain caused issues for PolygonScan, an application used to track transactions – causing the appearance of an outage.

War of Words Over zkEVMs Might Portend Long Struggle to Tech Maturity
As Polygon and Matter Labs race to bring their zkEVMs to market, both will need to make compromises in the name of security.

Jump Crypto Is Unnamed Firm That Made $1.28B From Do Kwon’s Doomed Terra Ecosystem: Sources
A complaint by the SEC against Do Kwon and Terraform Labs revealed an unnamed trading firm helped Kwon restore UST’s $1 peg in 2021 in exchange for discounted LUNA tokens.

Matter Labs Says zkSync 2.0 Entering New ‘Era’ With Re-Brand and Developer Rollout
Matter Labs has renamed zkSync 2.0, its zero-knowledge rollup platform, to “zkSync Era” and is making its code open-source.

Arbitrum Surges Ahead as Ethereum’s Layer 2 Landscape Takes Shape
Layer 2 rollups now see more transaction volume than Ethereum’s main network.

How the SEC Could Reshape Ethereum’s Staking Landscape for the Better
By shutting down Kraken’s staking service, the SEC could shift power over Ethereum toward solo stakers and decentralized alternatives.

