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NFT & DEFI
Here’s what happened in crypto today
Here’s what happened in crypto today. South Korea passes crypto bill to tackle unfair tradingThe South Korean government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem by passing a new…
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Coinbase layer-2 network Base closes in on mainnet launch
Base, a new layer 2 application-focused protocol by Coinbase, has just one criterion left to fulfill before being ready for mainnet launch.On June 29, the team said the Optimism-powered, Ethereum-secured network has been subject to six…
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Germany launches dog-themed NFTs to fetch cyber talent: Nifty Newsletter, June 21–28
In this week’s newsletter, read about the German foreign intelligence agency issuing a dog-themed nonfungible token (NFT) treasure hunt and check out the new NFT stamp collection from the autonomous territory of the Faroe Islands. Find…
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Yield Protocol declares full recovery from Euler hack, awaits user token exchange
Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy tokens, the protocol said on Twitter. That was the last step to protocol restoration…
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Yes, the Secret Service has an NFT collection, and no, it’s not for sale
The United States Secret Service has finally shed more light on its bizarre nonfungible token (NFT) collection sitting on OpenSea. The NFT collection was first revealed during a Reddit AMA on May 16, where agents answered questions from…
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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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