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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

Spot Bitcoin ETFs attract nearly $1B in weekly inflows as risk sentiment improves

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Spot Bitcoin ETFs recorded nearly $1 billion in weekly inflows, their strongest performance in over three months amid improving risk sentiment.

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Coin Market

SEC charges Donald Basile in $16M crypto fraud tied to ‘insured’ token

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The SEC has sued crypto executive Donald Basile over an alleged $16 million scheme involving false claims about an “insured” Bitcoin Latinum token.

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Coin Market

Circle unveils USDC Bridge for native cross-chain stablecoin transfers

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The USDC Bridge adds to Circle’s Cross-Chain Transfer Protocol, which often sees over $500 million worth of USDC transfers each day.

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