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Sturdy Finance halts market after $800,000 exploit linked to faulty price oracle

Sturdy Finance paused its markets on June 12 following a protocol exploit – losses are estimated at around 442 ETH ($800,000) per Peckshield. In a statement, the team confirmed it was aware of the exploit, adding that no additional funds are at risk and no user actions are needed currently – with more information to […] The post Sturdy Finance halts market after $800,000 exploit linked to faulty price oracle appeared first on CryptoSlate. дальше »

2023-6-12 12:24


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Court Rules Ooki DAO Violated Federal Act And Is Fined Over $640k

Through a June 9, 2023 press release, the Director of the Commodity Futures Trading Commission (CFTC) Division of Enforcement, Ian McGinley, advised that on June 8, 2023, a U.S. District judge had entered a default judgement order in favour of the CFTC, for a civil monetary penalty of US$ 643,542 against the Ooki decentralized autonomous […] дальше »

2023-6-12 17:02


Ooki DAO to pay $643K fine after CFTC’s court victory

The Commodity Futures Trading Commission (CFTC) said June 9 that it achieved a legal victory against Ooki DAO in a precedent-setting case. Ian McGinley, the CFTC’s Division of Enforcement Director, said: “The founders created the Ooki DAO with an evasive purpose, and with the explicit goal of operating an illegal trading platform without legal accountability. дальше »

2023-6-10 02:30


Crypto.com Shuts Down US Institutional Exchange Amid Regulatory Concerns

Crypto.com, the Singapore-based exchange, has announced that it will shut down its institutional exchange service for US customers due to limited demand. The closure will take effect on June 21, 2023, and comes amid regulatory concerns in the US market, likely referencing the recent legal actions against Binance and Coinbase. Related Reading: Breaking: DOJ Takes […] дальше »

2023-6-10 22:00