Business
As Circle progresses on its path, the company is strategizing to tap into the extensive market potential that lies ahead.
NFTs
The founder of the Milady Maker NFT project disclosed that a developer had embezzled funds from the treasury and seized control of its codebase.
Lawyers for the crypto exchange said the SEC’s requests for documents and depositions are overly broad and beyond the scope of the consent order.
Regulation
FinCEN issues an alert as crypto “pig butchering” scams become increasingly sophisticated with scammers using strategies such as play-to-earn gaming to defraud victims.
Customers of Fireblocks, such as Revolut and BNY Mellon, will be able to launch non-custodial wallets that can have gated access to Web3 services.
The bill, proposed by Republican committee chairs Patrick McHenry and Glenn Thompson, aims to create a comprehensive framework for the roles of the CFTC and SEC in regulating digital assets.
Lawyers for FTX argued that a last-minute fire sale agreement arranged between Alameda Research’s Caroline Ellison and LayerZero was fraudulent and avoidable.
DeFi
Blockchain security firm SlowMist identified an operational issue in the LDO Token contract that has allegedly been exploited by malicious actors.
Crypto exchange Binance will no longer allow users to buy or list NFTs linked to the Polygon network from the end of this month.
The DOJ’s representative in FTX’s bankruptcy proceedings pushed back on the company’s strategy for selling its over $3 billion in crypto holdings.
