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The feds are coming for the metaverse — from Axie Infinity to Bored Apes

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NFTs in the metaverse should generally be considered securities, but developers have been slow to recognize that fact. Expect a regulatory reckoning to come swiftly for Axie Infinity, Bored Apes, and other projects that have thrown caution to the wind.

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Coin Market

Most Americans polled oppose betting on elections: Reuters

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The prediction market industry enables people to bet on US ‌elections and sporting events.

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Coin Market

Cysic crypto bridge halted after unauthorized mint of 10M CYS

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Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.

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Chinese suspect in $75M international crime network arrested in Bangkok

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Police alleged the suspect was involved in cryptocurrency and foreign-currency exchanges for criminal groups across more than 133 accounts.

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