NFTs
Legal
Bitboy drops lawsuit, requests Atozy to remove defamatory video
Bitboy said all he wanted was for the defamatory video to be taken off, and never intended to make it a public case.
Adoption
Over 60% of US parents want schools to teach about cryptocurrency
As crypto adoption continues to rise among young adults in the US, over 60% of parents said they want schools to teach their children about crypto.
Legal
Cobie donates $100K to aid content creator’s legal defense in defamation lawsuit filed by BitBoy
The content creator — Atozy — is being sued for defamation by BitBoy over calling the latter a scammer in a Youtube video.
Politics
Ukraine seizes $19,500 from crypto wallet dedicated to supporting Russian forces
The Security Service of Ukraine said it has arrested an individual who was raising funds via crypto to support Russian forces.
Regulation
US Congressman urges Treasury to provide further clarity related to Tornado Cash sanctions
In a letter sent to the Treasury on August 23, Congressman Tom Emmer said that sanctions have traditionally only applied to individuals or entities, not open-source software like Tornado Cash.
Scams
SudoRare developers reap $815,000 from rug pulling project
Six-day old SudoRare protocol has cost investors $815,000 after developers shut down the project.
Legal
Former OpenSea exec claims insider trading laws cannot apply to NFTs
Nate Chastain is under trial for exploiting OpenSea's NFT data for his personal trades and has requested the court to dismiss his case on a technicality based on Carpenter wire fraud theory.
Hacks
Ronin bridge Hackers used ChipMixer to launder over $73M of stolen funds
Ronin bridge hackers, the Lazarus Group found a new home in ChipMixer after using the protocol to launder 3,460 BTC stolen from the Ronin bridge
Regulation
Australia plans to implement token mapping amid intensified efforts to regulate crypto industry
Token mapping will be used by the Australian government to regulate cryptocurrencies according to their asset class.
Privacy
FTX users complain about fund freezes after interacting with privacy protocol Aztec Network
Privacy protocols might be under increased scrutiny, as some users have reported that FTX allegedly froze funds of those who interacted with the Aztec Network.
CBDCs
Nigeria’s CBDC eNaira records $10M in transaction since October
Over 270,000 users actively used the Nigeria's eNaira CBDC since its launch and have completed transactions worth $10 million.
Stablecoins
Tether to issue monthly attestation reports with new accounting firm BDO Italia
USDT issuer Tether is working with BDO Italia to increase its transparency by publishing monthly attestation reports.
