DOJ charges 5 in $ 2 Mln alleged crypto market manipulation and fraud scheme
The individuals allegedly used a trading bot to place thousands of "spoof orders" and "wash trades" to manipulate the market and gained around $2 million in profit.
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South Korean Court Rules LUNA Token Not a Security
The court stated that it is difficult to view Luna Coin as a financial investment product regulated by the Capital Markets Act.
Bank of Korea granted authority to probe crypto-related firms
BoK has been clashing with Financial Services Commission over crypto jurisdiction in the country
Crypto firms use AI to fake CEOs, alleges California regulator
DFPI claims that Maxpread Technologies allegedly used an AI-generated avatar called"Michael Vanes" to pretend to be its CEO and promote its products through YouTube advertisements.
Yuga Lab’s Bored Ape NFTs Win in Trademark Infringement Case Against Ripoff RR/BAYC Collection
The US District Court for the Northern District of California ruled that Yuga Labs owns the BAYC trademarks
EU passes final vote on crypto-centered MiCA legislation
MiCA law allows crypto exchanges and digital-wallet companies to offer regulated services across the bloc and requires stablecoin issuers to hold sufficient reserves
Maple Finance Launches U.S. Treasury Bill Pool for Cash Management
Maple claims it ensures the safety of lender funds by implementing a tri-party agreement that involves the borrower, broker, and Maple Foundation
Coinbase obtains license to operate in Bermuda, to launch offshore exchange soon
The license, a Class F License under the Digital Asset Business Act from the Bermuda Monetary Authority, will enable Coinbase to operate as a digital asset exchange and as a digital asset derivatives exchange provider.
Unidentified exploit drains $10.5 million in NFTs across 11 blockchains, reports Metamask Developer
The exploit targeted keys that were created from 2014 to 2022 and focused on those who were more "crypto native"
Crypto Derivates firm Bitget partners with CoreDAO to launch $200 Mln ecosystem fund
The fund aims to accelerate the development of DApps and protocols built on the Core layer-1 blockchain.