Bitcoin Vietnam Court Sentences Two Men to Life for $1.5 Million Bitcoin Kidnapping May 20, 2023 GonzaloVietnam court sentences two men to life in prison and 14 others to up to 19 years for kidnapping and stealing $1.5 million worth of Bitcoin.
Altcoins Aave V2 Bug on Polygon Locks $110 Million in User Assets May 20, 2023 GonzaloAave V2 users on Polygon can’t access $110 million in assets due to a contract bug. Developers say funds are safe and a governance fix is underway.
Regulation Ripple Legal Chief Links Supreme Court Ruling to XRP Case: “Howey Test Must Evolve with Technology” May 20, 2023 GonzaloRipple CLO Stuart Alderoty says a new Supreme Court ruling supports Ripple’s argument that the Howey Test should adapt to modern crypto cases.
Regulation FTX Seeks to Recover $240 Million from Insiders Over “Wildly Inflated” Embed Acquisition May 20, 2023 GonzaloFTX is suing former executives and Embed insiders to recover $240M, alleging its overpriced acquisition was rushed and lacked proper due diligence.
NFT Sotheby’s Sells First Batch of 3AC NFTs for $2.48 Million in New York May 20, 2023 GonzaloSotheby’s sold NFTs from Three Arrows Capital’s collection for $2.48 million, including works from Fidenza, Ringers, and Cryptopunks.
Fintech Fidelity’s European Chief: “We’ll Stay in Crypto, But Won’t Tell Everyone to Buy Bitcoin” May 20, 2023 GonzaloFidelity will remain in crypto but avoid promoting Bitcoin due to volatility and regulation concerns, says Managing Director Christian Staub.
NFT Bitcoin Ordinals Minting Fees Surge 700% in One Month, Totaling $38.2 Million May 20, 2023 GonzaloBitcoin Ordinals minting fees hit $38.2 million, rising 700% in one month as text-based inscriptions dominate and BRC-20 tokens expand.
Regulation Binance’s Brazil Partner Latam Gateway Receives Central Bank License May 20, 2023 GonzaloLatam Gateway, Binance’s payment provider in Brazil, has received a Central Bank license to operate as a payment institution and e-money issuer.
Altcoins Cardano DeFi TVL Reaches All-Time High of 417 Million ADA May 20, 2023 GonzaloCardano’s DeFi TVL reached 417 million ADA, led by Minswap and Indigo, while smart contract growth and user activity hit record highs.
NFT NFTs Could End Fake Diplomas and Give Power Back to Educators May 20, 2023 GonzaloNFTs are emerging as a tool to combat fake credentials and restore value to educators by transforming how academic achievements are verified and rewarded.
