Business
Lawyers overseeing FTX’s bankruptcy proceedings said it would notify the U.S. Trustee on weekly increases in its planned sale of crypto.
Ethereum
On-chain sleuths estimate crypto exchange CoinEX hot wallets have been drained of $27 million worth of crypto in a suspected hack.
Bitcoin
Franklin Templeton enters the arena with BlackRock, Fidelity and others in the spot bitcoin ETF race.
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.