Busy week for Uniswap, and Platypus recovers 90% of hacked funds: Finance Redefined
Uniswap announced it would start charging a swap fee of 15% from Oct. 17, evoking mixed reactions from the crypto community. Go to Source
Cryptocurrencies
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Hong Kong securities regulator updates crypto policies, citing market developments
The notice came more than a month after more than a thousand users reported losses from the JPEX crypto exchange. Go to Source
Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam
CertiK says Standard Cross Finance hired actors to pose as executives, then dumped tokens on investors, draining $1.6 million from the project’s liquidity pool. Go to Source
Reddit mods dumped tokens hours before blockchain program termination
Analysis of token movements from Redditor moderators’ wallets suggests at least three moderators dumped thousands of dollars worth of Moon tokens just minutes before the actual announcement. Go to Source
Google Cloud teams up with MultiversX amid blockchain firm’s focus on metaverse
MultiversX announced an array of new features on its xPortal super-app with tools to build next-gen metaverse features on the same day of the Google Cloud partnership. Go to Source
European Banking Authority, ESMA issue crypto entity suitability guidelines
The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions. Go to Source
Tim Draper warns of crypto scams using his AI-synthesized voice
Advancements in AI have made it possible to create deepfake videos and voices in which scammers write the scripts to try and illegally obtain others’ crypto. Go to Source
Crypto Aid Israel raises $185K, distributes aid to 4 organizations, in 10 days
The organization is a collective of Israeli Web3 community members and international companies striving to alleviate suffering in the south of Israel. Go to Source
Binance Q3 report appraises crypto market as ‘challenging’ amid high interest rates
The world’s largest cryptocurrency exchange painted a somber picture of the market, with occasional bright spots for individual players. Go to Source
US Treasury plans to designate crypto mixers as money-laundering hubs: Report
The department previously targeted individuals connected to Tornado Cash, but its reported actions on mixers followed concerns suggesting Hamas was financed in part by crypto. Go to Source