✓ The Chinese government has guaranteed legal protection for NFTs, stating that NFTs have characteristics of online virtual property and their theft carries applicable criminal penalties.
✓ Singapore-based crypto lender Hodlnaut is set to be liquidated after filing a winding-up order, following significant losses due to the Terra ecosystem’s collapse and funds locked on FTX.
✓The US arm of the Industrial and Commercial Bank of China (ICBC) suffered a ransomware attack disrupting US Treasury trades, with indications pointing to the Lockbit, which is a Russian origin cybercrime gang focused on ransomware as a service.
✓Bankrupt lender Genesis is seeking court approval for a settlement with 3AC, reducing 3AC’s claim from $1bn to $33m as part of Genesis’s Chapter 11 reorganization plans.
And this are all for now, see you next time:face_with_hand_over_mouth: