EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO
EOS Network Foundation’s founder said the other option is a hard fork to exclude EOS tokens held by B1.Source
First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies
The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Web3 Move-to-Earn App STEPN Integrates Apple Pay for In-Game Purchases
The blockchain game sees fiat onramps such as Apple Pay as a means onboarding the next 100 million users to Web3, STEPN chief operating officer Shiti Manghani told CoinDesk.Source
Crypto Trading Platform Hotbit Terminates CEX Operations
Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform.Source
Malaysia Says Crypto Exchange Huobi Global Isn’t Registered, Must Cease Operations
The country’s regulator told CEO Leon Li to ensure the website and mobile apps are disabled.Source
Bitcoin’s Trading Range Narrows to Tightest in Months
Tighter price ranges result from markets running into competing influences. Eventually, some narratives take the back seat, paving the way for a volatility explosion.Source
DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June
Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June.Source
Gemini Says Genesis Parent DCG Missed $630 Million Payment
Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.Source
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.Source
Sotheby’s Auctions Part of 3AC’s Rare NFT Collection, Bringing In $2.4 Million
NFTs on the auction block this round included Tyler Hobbs’ Fidenza #725, Dmitri Cherniak’s Ringers #375, Autoglyph #187 and CryptoPunk #1326.Source