Exploit: Platypus to return 63% of users’ lost funds
Following a $9 million hack, DeFi Protocol Platypus will refund at least 63% of user funds.
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US Authorities Alert Banks About Crypto Liquidity dangers
Federal bank regulatory bodies released a joint statement outlining the liquidity risks to banking institutions linked to specific financing sources from entities involved with crypto assets
Coinbase Introduces its Own Ethereum Layer 2 Solution
Coinbase has launched its own layer-2 network for developing decentralised applications.
CoinEx Sued In New York Over Non-Compliance
Letitia James, the attorney general of New York, filed a lawsuit against CoinEx on the grounds that it conducted business without being authorised to do so by the state.
Alleged “Ponzi Scheme” Forsage Founders indicted by US DOJ
The founders-Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov, have been accused of aggressively promoting Forsagea as a legitimate and lucrative business opportunity.
Blur announces $300M Airdrop invite frenzy for “loyal users”
Users who fully refrain from using any other NFT platforms will receive a loyalty score of 100%.
Australia-based crypto gaming firm Immutable lays off 11% of its staff
The firm is now focused on maximizing its cash reserves and putting its resources towards the most important projects.
SBF lawyers to pay for security expert to help Judge navigate encryption tech
SBF lawyers state that the defense has already begun researching and contacting possible experts
Fake ChatGPT tokens pop up as scammers leverage the new AI craze
About 170 tokens with the ChatGPT name have been released on decentralised exchanges like Uniswap and PancakeSwap
Paxos Engages In “constructive” Discussion With US SEC Over BUSD
According to reports, Paxos Trust Corporation and the Securities and Exchange Commission are having a productive dialogue.
