Crypto Weekly Roundup: BNB Chain Fork, Huobi Drama, And More

Solana-based trading and lending platform was hacked resulting in a staggering $117 million loss. 

SushiSwap’s brand new head chef, , who was supposed to provide stable leadership to the organization, has been accused of scamming multiple crypto investors. 

The Helium Foundation’s token, , will soon be removed from multiple trading pairs on the Binance crypto exchange. Helium executives have questioned this decision. 

Stellar Development Foundation has launched a to encourage developers to build on the Soroban smart contract platform. 

Cosmos developers have discovered a in the Cosmos ecosystem that could put all IBC-enabled blockchains at risk. 

Consumer and tech behemoth Samsung has introduced a for securing devices on its network. 

Police in the Indian city of Firozabad have partnered with Polygon to launch a powered by the Polygon blockchain. 

BNB Smart Chain has announced that it has executed a hard fork to issue a after a major exploit drained the platform of $100 million. 

Polygon has announced the release of its , which will enable developers to test the development of privacy-enhancing zk-rollups in their respective dApps.

The world’s largest stablecoin, Tether announced that it had slashed its $30 billion of to zero.

Justin Sun and Sam Bankman-Fried have had to in the Huobi Global Sale for the second time as new reports emerged on Wu Blockchain. 

Senators Kirsten Gilibrand and Cynthia Lummis have said that part of their signature could pass in the next six months, giving the CFTC control over digital commodities.

The Financial Stability Board (FSB) has just published that contain recommendations for frameworks to comprehensively govern crypto-assets and stablecoins.

The lower house of Kazakhstan’s parliament has passed including a legal framework for the regulation of bitcoin and cryptocurrencies

Wallet service provider has announced that it will begin to shut down accounts belonging to Russian nationals. 

1inch has announced a with NFT domain name provider and digital identity platform Unstoppable Domains to make transactions more efficient and user-friendly for 1inch wallet users. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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