Market
DeFi
Curve Finance TVL falls over $1B following Vyper vulnerability exploit
Curve's CRV token became highly volatile following the attack, prompting fears of a contagion.
Regulation
SEC commissioner Hester Peirce calls watchdog’s public accounting warning into question
SEC chief accountant has warned that accounting firms risk legal liabilities with their non-audit works for crypto firms.
Legal
Alameda Research wants GBTC shareholders to join lawsuit against Grayscale
Alameda had filed a lawsuit against Grayscale in March, alleging that the firm was unjustly enriching itself at the expense of shareholders.
Trading
Crypto market maker Wintermute shifts focus to Asia amid Western regulatory turmoil, plans expansion
Wintermute is eyeing growth in other jurisdictions amid the regulatory pressure in the West.
Bankruptcy
Bankrupt crypto giants FTX and Genesis reach agreement to resolve billion-dollar claims
The two bankrupt firms note that the agreement was still subject to a court approval.
Exchanges
Binance calls for dismissal of CFTC charges citing lack of jurisdiction
Binance asserted that the CFTC lacks jurisdiction over spot trading activities even in the U.S.
Legal
EOS Network Foundation preparing to sue Block.one over unfulfilled $1B investment promise
The Foundation accused Block.one of failing to keep its promises to the network.
Exchanges
Binance’s European exodus continues as exchange withdraws critical license application in Germany
Over the past month Binance has exited markets in five European nations over its failure to secure necessary licensing.
Legal
Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case
Judge Jeyaretnam ruled that crypto is a property recognized by the common law as a thing in action.
AI
AI companies lobby for open-source support in EU’s upcoming regulations
Companies want the EU regulations to ensure the continued developments of AI in the region.
Technology
Venom blockchain hits 1M testnet wallets in two months
Venom Foundation is the first blockchain network licensed by the Abu Dhabi Global Market (ADGM).
Exchanges
KuCoin dispels layoff rumors, CEO cites ‘normal’ personnel adjustments
KuCoin CEO Johnny Lyu said the firm is focused on being "more dynamic and competitive."