US SEC investigates Binance’s ICO, metaverse crypto assets up 400% YoY, and STEPN faces DDoS attacks: Hodler’s Digest, June 5-11
Cointelegraph
Published Jun 11, 2022 04:30PM ET
Updated Jun 12, 2022 05:00PM ET
h4 Anonymous hacker served with restraining order via NFT/h4
/h4 h4 Lummis-Gillibrand bill establishes SEC-CFTC balance of power over crypto markets/h4 h4 /h4 h4 Metaverse tokens up 400% year on year despite altcoin bloodbath/h4 h4 /h4 h4 PayPal (NASDAQ:PYPL) enables transfer of digital currencies to external wallets/h4 h4 Bitcoin will finish 2022 ‘flat, possibly up’ says analyst as Saylor bets on $1M BTC/h4 h4 /h4 h4 Lithuania aims to tighten crypto regulation and ban anonymous accounts/h4 h4 Blockchain-based move-to-earn app STEPN under DDoS attacks after upgrade
/h4 h4 Bad day for Binance with SEC investigation and Reuters expos/h4 h3 /h3 h3 Thailand’s crypto islands: Working in paradise, Part 1/h3 h3 A life after crime: What happens to crypto seized in criminal investigations?/h3 h3 Crypto 401(k): Sound financial planning or gambling with the future?/h3
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In whats perhaps an industry first, an anonymous defendant in an exchange-hacking legal case has received a temporary restraining order via NFT. The defendant is part of legal proceedings surrounding the January 2022 LCX exchange hack. Two legal firms served the service token NFT to the defendant as a restraining order, with the event touted as the first official NFT usage in the legal world.
h4 /h4 h4 FTX will not freeze hiring amid layoffs at other crypto firms, CEO states
/h4
As the crypto bear market presses on, some industry players have chosen to reevaluate staff numbers, but not FTX. The derivatives exchange will continue to add personnel, according to CEO Sam Bankman-Fried. In contrast, recent weeks have seen Gemini decrease its employee headcount and Coinbase (NASDAQ:COIN) curb new staff pickups. The last major crypto bear market in 2018 was worse in terms of employee cuts, however.
/h4 h4 Bad day for Binance with SEC investigation and Reuters expos/h4 h3 /h3 h3 Thailand’s crypto islands: Working in paradise, Part 1/h3 h3 A life after crime: What happens to crypto seized in criminal investigations?/h3 h3 Crypto 401(k): Sound financial planning or gambling with the future?/h3
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Written By: Cointelegraph
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