They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others.
ArkotNews
What’s in the House Financial Services Committee’s Stablecoin Bill?
It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.
Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund
The firm started its fund as more crypto projects seek non-U.S. jurisdictions.
Avalanche’s New Subnet to Offer Blockchain Customization for Financial Institutions
The protocol said the subnet will be a suite of institutional blockchain deployments and tooling specifically designed for financial services.
Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.
Thanks Sam! How FTX Led to World’s Worst Crypto Policy
Washington’s “war on crypto†continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge.
Arbitrum-Based Camelot Crypto Exchange to Deploy V2 Upgrade Saturday
The v2 upgrade will include a new concentrated liquidity automated market maker aimed at making trading for the Camelot ecosystem more efficient.
First Mover Asia: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says
ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
Nuvei's shares fell by as much as 6% in premarket trading after Spruce Point warned of a 50% downside, but rebounded into positive territory mid-morning.