Bringing you news to keep you updated

✓ 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::face_with_hand_over_mouth::face_with_hand_over_mouth:


Thanks for the news

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FTX really is finding its way to all news headlines this week.
Kinda explains why their token has been pumping real hard.

SBF really doing the most. kek