NFTs
Legal
Coinbase facing class-action lawsuit amidst SEC investigation
Two law firms in New York have filed a lawsuit against Coinbase for allegedly misleading information about the custody of customers' assets and trading of unregistered securities.
Hacks
Nomad Bridge offers 10% bounty to recover stolen funds, whitehat hackers have returned $22M so far
Nomad announced a 10% bounty as efforts to recover $190 million lost in the bridge exploit continues. So far, whitehat hackers have returned $22 million.
Regulation
Philippines Financial Watchdog warns public against investing with Binance
The Philippines SEC has cautioned the public not to invest with Binance, stating it has no license to offer investment services in the country.
Crime
Ex-Coinbase Manager pleads not guilty to insider trading charges
Ex-Coinbase Product Manager Ishan Wahi and his brother Nikhil will have to pay $2 million for bail after they pleaded not guilty to insider trading charges.
Legal
Binance-owned WazirX under investigation in India over alleged money laundering
The India-based exchange, which operates as an independent subsidiary of Binance, allegedly violated the provisions of the Foreign Exchange Management Act, 1999.
Bear Market
South Korean VC firm Hashed lost more than $3 billion in LUNA collapse
Hashed CEO Simon Seojoon Kim confirmed to Bloomberg that the firm lost over $3 billion from investing in LUNA.
Legal
Celsius facing legal action by aggrieved custody customers over $180M deposit
Celsius is facing legal action from a group of 400 customers that owns about 4% of the total assets locked in the Celsius network — equating to $180 million.
Regulation
Singapore regulator responds to Terra collapse; plans to involve public in stablecoin regulations
Singapore's financial regulator confirmed that the impact of Terra's collapse on its economy was minimal and that it is working on stablecoin regulation that will include feedback from the public.
Partnerships
Socios.com invests $100M to accelerate Web3 innovations for FC Barcelona
Socios.com acquired a 24.5% stake in Barca Studio with a $100 million investment to drive web3 innovation for FC Barcelona.
Stablecoins
GHO Stablecoin to be launched as Aave DAO gives a 99.9% approval
Aave DAO gives development team the greenlight to launch its decentralized stablecoin GHO. Aave users will mint the stablecoin against their supplied collateral.
Regulation
US watchdogs order Voyager Digital to stop making misleading insurance claims
The U.S. FED and FDIC ordered Voyager Digital to desist from making public claims that its assets are insured by the FDIC.
Exchanges
Zipmex seeks extension for bankruptcy protection in Singapore
Zipmex exchange at the brink of a collapse turns to the Singapore High court for bankruptcy protection as it looks to raise more funds to continue operation.
