Web3 & DAO News: Week 45, 2022

Ham Tem
DIA Community Hub
Published in
2 min readDec 5, 2022

Here’s the next weekly recap of significant happenings within the Web3 and DAO space all in one Twitter thread.

Subsequent threads are formatted to include the latest news, their TL;DR, and direct links for you to explore more.

Keep reading as the hub brings you up to speed with the latest Web3 happenings.

FTX Exchange Collapses — Guardian

  • The drama began with Binance CEO — CZ Binance declaring his intent to sell his FTT holdings.
  • Alameda tweets that it would buy the holding.
  • Binance reveals intent to buy FTX_Official
  • Binance walks away from proposed deal.
  • FTX assets frozen by regulator.
  • FTX files for bankruptcy protection in the U.S.
  • Hours after filing for bankruptcy, FTX_Official reports hack.

FIFA Announces Blockchain-based Games Ahead of the Qatar World Cup 2022 — Entrepreneur

  • Upland and FIFA announce partnership.
  • Football fans can now trade, collect and buy FIFA’s digital assets useful in its portfolio of Web3 games.

Justin Sun’s Tron DAO Reserve Buys $1 Billion Tether — EtherWorld News

  • Tron DAO ups its USDT reserves from $300 million to over $1.3 billion.
  • Announcement was made after $USDT was briefly depegged to about $0.97.

Bit DAO Community Targets Almeda For Allegedly Dumping BIT Tokens — Bitcoinist

There’s the recap of the latest Web3 and DAO news and their direct sources for you to DYOR.

Next week, relevant happenings within the week will be brought to your notice by the next issue of the DIA Community News Thread.

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