Month: October 2022
BNB Smart Chain to hard-fork following $100M exploit
The upgrade is intended to fix the exploit that drained the platform of $100 million.
City of Niagara Falls orders Blockfusion facility to cease and desist crypto mining
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances.
Financial Stability Board opens proposed crypto regulatory framework for public comments
“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal.
Stellar Development Foundation launches $100M fund to support native smart contract adoption
The Soroban Adoption Fund incentivizes developers to begin building products and tools on the new smart contract platform.
TempleDAO exploit results in $2M loss
The hack was allegedly caused by “a missing onlyMigrator check.”
SEC rejects WisdomTree’s application for a spot Bitcoin ETF … again
Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation.
Metaverse platforms refute ‘misinformation’ about daily active users
User data from DappRadar consists of metaverse users who have also made an in-game purchase with the project’s native token, but the Decentraland and Sandbox […]
US Treasury’s OFAC and FinCEN announce $29M in enforcement actions again Bittrex
Bittrex agreed to pay more than $29 million in a settlement with FinCEN, but the regulator said it will credit a $24-million payment “to settle […]