Binance CEO sues Bloomberg subsidiary alleging defamation
Changpeng Zhao has filed a lawsuit against Bloomberg Businessweek’s Hong Kong publisher, alleging defamatory and false statements.
Philippine SEC cautions the public not to invest with Binance
Binance expressed its intention to secure the virtual asset service provider and e-money issuer license in the Philippines in June.
DAOs, DEXs and whales? How Web3 organizations became the new crypto beasts
The industry works to accommodate the influx of assets from whale traders via DAOs. Now, the industry must develop DEXs to keep up the pace.
Huobi co-founder reportedly looks to sell majority stake valued at over $1B
The market downturn has also turned into an opportunity for crypto giants such as FTX which has committed $1 billion in the bailout to crypto exchanges that are struggling to remain afloat due to heavy losses and lack of capital.
Tether continues to reduce commercial paper in sharp reduction since March
Stablecoin issuer Tether has reached its target for reducing the commercial paper in its reserves, and a large part of its remaining holdings will expire at the end of the month.
CBOE’s operating expenses spiked 312% due to underperformance of acquired crypto firm
CBOE acquired ErisX on May 2 and was forced to write-off much of its value just months later.
Australian Securities Exchange takes step towards tokenized asset trading
Digital asset investment platform Zerocap has successfully used Synfini to bridge over its custody infrastructure onto the platform, paving the path for the future trading of Ethereum-based tokenized assets.
Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen
OKHotshot’s investigation revealed that the attacker hacked into the Discord account of Boris Vagner, community and social manager for Yuga Labs.
Enterprise crypto custody firm Fireblocks integrates Tokeny for token minting
Enterprise cryptocurrency custody firm Fireblocks taps Tokeny to integrate Ethereum and Polygon compatible token issuance and management.
Former product manager at OpenSea charged with insider trading
Nathanial Chastain is alleged to have purchased 45 NFTs anonymously before selling them shortly after they appeared on OpenSea's marketplace homepage.