NFTs
Scams
UK judge rules to extradite Christopher Hamilton to US for trial on OneCoin scam
Two Britons Hamiton and McDonalds had filed to avoid extradition the US. A UK Judge, however, ruled that Hamilton will proceed for trials in the US, while McDonald will remain in the UK.
Crypto
CryptoSlate Wrapped Daily: Tether fights back against insolvency claims, EU struggles to curb inflation
FBI's warning against DeFi protocols, LUNA Classics price action, EU struggles to curb inflation and much more in this edition of CryptoSlate Wrapped Daily.
Exchanges
Crypto Lender Nexo allocates $50M to buyback its native token
Nexo has committed additional $50 million towards its long-standing buyback initiative.
Stablecoins
Tether responds to WSJ’s insolvency claim, says its US Treasury assets are safe
Tether responded to a WSJ article claiming that a 0.3% in the price of assets held in Tether's reserve could lead to insolvency.
Crypto
CryptoSlate Wrapped Daily: BTC short liquidations reach $9M, Ava Labs CEO deems CryptoLeaks’ allegations ‘conspiracy theory’
Liquidation of $9 million in Bitcoin shorts, limits on Singapore retail investors, Chainplay's GameFi report and much more in this edition of CryptoSlate Wrapped Daily.
Exchanges
Virtuzone, Binance enter partnership to foster UAE crypto adoption
Binance and Virtuezone's partnership will help reduce payment barriers startups face when working to set up their businesses in the UAE.
Exchanges
Compound v3 “Comet” launched with support for single borrowing model
Compound users can only borrow USDC stablecoin by depositing approved collaterals into the v3 pool. Collateral deposits will not earn interest but can borrow more with less risk and lower gas fee.
NFTs
X2Y2 implements flexible royalty option for buyers
Buyers on X2Y2 now have the option to choose an amount they would like to contribute to an NFT project.
Legal
Report: Arrested Tornado Cash Developer allegedly historic links to Russian intelligence agency FSB
Alexey Pertsev previously worked as a developer for Digital Security OOO, which was sanctioned by the U.S. Treasury in 2018 for aiding Russia's offensive cyber capabilities.
Merge
Binance will refund users affected by potential Ethereum fork after the Merge
Binance will suspend ETH and ERC-20 deposits and withdrawals prior merge. It will refund users' an equal amount of ETH affected by the merge.
Adoption
Crypto ATM operator Bitcoin Depot, marketplace WonderFi seek to go public on Nasdaq
Crypto ATM operator Bitcoin Depot and WonderFI exchange have filed applications to start trading on Nasdaq in the U.S. and Canada respectively.
Bankruptcy
Voyager Digital gets approval to pay $1.6M bonus to 38 employees
The Bankruptcy court has approved $1.6 million as employee bonuses. Creditors committee will work with Voyager to cut cost by $46 million.