Ukraine sells CryptoPunk NFT to aid war efforts
The Punk was estimated to be worth as much as $260,000 when it was first transferred to Ukraine’s Ethereum wallet in March before the price of ETH began to drop significantly.
Swiss luxury watchmaker TAG Heuer introduces NFT-enabled smartwatch
TAG Heuer stated that NFT artwork can be resized and placed within three available designs within the watch.
Imprisoned infamous scammer Anna Sorokin is launching an NFT collection
Russian-born Sorokin, more commonly known by her alias, Anna Delvey, rose to fame after gaining traction in the elite Manhattan social scene.
BTC Tumbles to 52-Week Low, El Salvador Minister Unperturbed
BTC fell to a low of $20,950 in the early hours of Tuesday morning but quickly recovered to trade around $22,200 levels, down around 7% in the day
Crypto lending firm Celsius pauses withdrawals, tanks 50%
In unusual movements, cryptos from the mail DeFi wallet of Celsius began moving liquidity to FTX at 18:00 ET on June 12, as WBTC was removed from Celsius’s main AAVE staking and lending platform.
Anonymous hacker served with restraining order via NFT
LCX said the funds were laundered via crypto mixer Tornado Cash but were later traced through “algorithmic forensic analysis.” The analysis also allowed the company to identify wallets associated with the hacker.
OpenSea to step up efforts in preventing scams and thefts
Earlier this month, Nathaniel Chastain, OpenSea’s former head of product was charged by the United States Department of Justice with one count of wire fraud and one count of money laundering.
Emurgo’s Cardano NFT marketplace Fibo joins ImpactNFT Alliance
Fibo is an NFT marketplace built by EMURGO that leverages Cardano’s blockchain to offer a one-stop-shop for socially conscious artists and collectors to create a positive social impact and transact Cardano NFTs.
Hong Kong’s securities watchdog warns some NFT maybe securities
SFC says assets that push the boundary between collectibles and financial assets, such as fractionalized or fungible NFTs structured as securities or collective investment schemes (CIS) in NFTs, do fall under the SFC’s mandate.
Aussies lost $81.5 million to crypto scams this year: ACCC
According to the FTC, since the start of 2021, nearly four out of every ten dollars reported lost to a fraud originating on social media was lost in crypto, far more than any other payment method.