Weekly Project Updates: Babylon Launches Airdrop Registration, Berachain Initiates Phase One of Governance, and MetaMask Unveils New Roadmap, etc
1. Bybit Hack Incident Sparks THORChain Money Laundering Allegations; Developer Pluto Announces Departure link In the recent theft incident of Bybit, hackers laundered money by exchanging ETH for BTC through THORChain, bringing huge trading volume and fees to THORChain. TCB said that he is one of the three validators who voted to stop the THORChain ETH trading and has been looking for ways to prevent the Bybit hackers from laundering money. Pluto, the lead developer of THORChain, announced his departure. TCB said that when the vast majority of your cash flow comes from theft in North Korea and is used in the largest money heist in human history, it becomes a national security issue and is no longer a game. 2. Vitalik Considers Migrating Ethereum to Poseidon Hash for Enhanced zk-Prover Compatibility link Ethereum co-founder Vitalik Buterin tweeted that researchers are strongly encouraged to participate in the Poseidon crypt Analysis program. He said that Ethereum is seriously consideri...