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NFT & DEFI
Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF
A renewed call from the Financial Action Task Force has asked countries to implement the “Travel Rule” to combat money laundering and terrorism financing activities enabled by cryptocurrencies.On June 23, the United Nations body — whose…
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Judge grants Hermès request to halt all ‘MetaBirkin’ NFT sales
French luxury fashion house Hermès has notched another win in its infringement case against artist Mason Rothschild after a United States judge ordered a permanent injunction on all “MetaBirkin” nonfungible token (NFT) sales. Hermès…
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Celsius creditors allege Wintermute facilitated ‘wash trading’ — Report
Creditors of bankrupt cryptocurrency lending platform Celsius Network have alleged that crypto market maker Wintermute assisted Celsius executives in manipulating the price of Celsius (CEL) through improper market trading.According to a…
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Institutional Adoption of DeFi is ‘Many Years Away,’ Says BlackRock Executive
Joseph Chalom – BlackRock’s head of strategic partnerships – thinks the current regulatory environment is not quite welcoming for leading institutional investors to participate in Decentralized Finance.
He predicted that…
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German intelligence service launches dog-themed NFTs to fetch cyber talent
Germany’s foreign intelligence agency, the Bundesnachrichtendienst (BND), has launched a dog-themed nonfungible token (NFT) collection with an on-chain treasure hunt aimed at recruiting cyber talent.Earlier in June, the Federal…
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Polygon co-founder proposes zkEVM ‘validium’ upgrade to improve security
Polygon co-founder Mihailo Bjelic has proposed upgrading the Polygon proof-of-stake (PoS) network to a “zkEVM validium” version, according to a June 20 forum post. If the upgrade is implemented, the new version will rely on…
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Dapp Industry Grew by 10% in May Despite DeFi Declines
According to DappRadar’s monthly industry report, the decentralized application industry grew by 9.97% in May. It has reached an average of 1,967,051 daily unique active wallets (dUAW), the paper added.
The research…
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Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm Mnemonic
NFT data firm Mnemonic has secured a $6 million seed extension round led by Salesforce Ventures. Other participants of the fundraiser include Polygon Ventures, Orange DAO, FIN Capital, and FJ Labs.
The latest capital…
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Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF…
Top Stories This Week
US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler
United States Representative Warren Davidson has introduced the “SEC Stabilization Act” into the House of Representatives. One of…
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On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a June 16 social media post. Jeffrey Huang, known as MachiBigBrother on Twitter, has accused ZachXBT of damaging his…
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