US SEC investigates Binance’s ICO, metaverse crypto assets up 400% YoY, and STEPN faces DDoS attacks: Hodler’s Digest, June 5-11
2022.06.11 23:41
US SEC investigates Binance’s ICO, metaverse crypto assets up 400% YoY, and STEPN faces DDoS attacks: Hodler’s Digest, June 5-11
Anonymous hacker served with restraining order via NFT
In whats perhaps an industry first, an anonymous defendant in an exchange-hacking legal case has received a temporary restraining order via NFT. The defendant is part of legal proceedings surrounding the January 2022 LCX exchange hack. Two legal firms served the service token NFT to the defendant as a restraining order, with the event touted as the first official NFT usage in the legal world.
FTX will not freeze hiring amid layoffs at other crypto firms, CEO states
As the crypto bear market presses on, some industry players have chosen to reevaluate staff numbers, but not FTX. The derivatives exchange will continue to add personnel, according to CEO Sam Bankman-Fried. In contrast, recent weeks have seen Gemini decrease its employee headcount and Coinbase (NASDAQ:COIN) curb new staff pickups. The last major crypto bear market in 2018 was worse in terms of employee cuts, however.
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