Bored Ape floor price plummets amid game launch and NFT crash
Over the weekend, floor prices for Bored and Mutant Apes crashed after Yuga Labs launched its new NFT-based game HV-MTL.
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Belarus considers P2P crypto ban after years of friendly legislation
The Ministry of Internal Affairs of Belarus posted on social media plans to introduce a P2P crypto transaction ban to combat crime.
Crypto exchange Huobi says two-year data breach wasn’t that bad
Citizen journalist Aaron Phillips warned Huobi of a major data breach that began in 2021. He only received news it had been fixed last week.
— Crypto, Regulation
Crypto firms in Singapore must hold client assets in separate trust
The Monetary Authority of Singapore (MAS) announced on Monday new rules for crypto service providers which will require them to hold customer funds in a separate trust before the end of the year, as well as restrict lending and staking of retail customers’ tokens. In a press release, MAS said that the proposed crypto rules […]
The Weekend Shift: Crypto, China, Twitter
The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.
Russia bitcoin narcotics case raises questions for money laundering laws
Converting bitcoin into fiat currency is now a possible act of money laundering as Russia's Supreme Court overturns an acquittal.
— Azuki, Chiru Labs
Azuki offers minor changes to similar NFTs after botched collection launch
Chiru Labs's newly launched Azuki Elementals collection had fans more than peeved, as some designs were identical to the original.
— FBI, Mario Nawfal
FBI and SEC likely investigating Mario Nawfal after wave of complaints
Twitter star Mario Nawfal appears to be under investigation by the FBI and SEC, based on complaints filed by former business associates.
Was FTX funded by Chinese capital flight?
Did SBF, Alameda, and FTX make its cash through the Kimchi Arbitrage? These curious ties to Chinese entities seem to suggest otherwise.
— FTX
FTX sues Daniel Friedberg on 11 counts, wants his salary and stake
FTX says its former executive Dan Friedberg fixed problems for Sam Bankman-Fried, including paying off potential whistleblowers.