The Rug Pull Report 2022 by Solidus Labs reports on how scammers have tricked users this year. The number of scams has increased tenfold compared to 2020.
Bloomberg journalists are actively writing materials about Tether, releasing several articles per week. Articles question the reliability of the company and fan the flames of panic after the collapse of FTX. Tether is not keeping silent, and refutes Bloomberg’s claims.
The FUD around Binance instantly affected BUSD. After withdrawing several billion dollars from the exchange and stopping the withdrawal of USDC, the exchange's own stablecoin loses market capitalization.
Yuga Labs is facing a class action lawsuit over misleading endorsements of NFTs by celebrities. The court filing stated that Yuga Labs secretly paid the celebrities to promote Bored Ape NFTs through MoonPay company.
Former US President Donald Trump’s NFT trading card collection sold out in a weekend after its release. But then metrics went down and the hype around the project began to fade.
The U.K. court has ruled that crypto podcaster Peter McCormack should pay Craig Wright, the Australian scientist who claims to be Bitcoin inventor Satoshi Nakamoto, around 900,000 British pounds (USD $1.1 million) in costs following their legal battle.
Crypto app developers can rejoice now as the new EU laws will force Apple to permit alternative app stores and apps without the need to go through its own App Store.
