Biweekly Crypto Roundup: Major Developments, Legal Battles, and Market Trends
By: Isha Das
- The Sandbox Raises $20 Million At $1 Billion Valuation: The Sandbox secures $20 million funding to expand its creator economy in the open metaverse.
- UwU Lend Suffers $19.5 Million Exploit Due To Price Oracle Manipulation: DeFi platform UwU Lend lost $19.5 million from a security breach involving price oracle manipulation.
- US Court Issues Final Judgment Against Terraform Labs, Imposes $4.5 Billion in Fines: Terraform Labs and Do Kwon fined $4.5 billion for multiple securities law violations.
- Monochrome to Launch Australia’s First Spot Bitcoin ETF: Monochrome Bitcoin ETF to begin trading in Australia next year.
- Notcoin (NOT) Hits $1.81 Billion Market Cap After 238% Weekly Gain: Notcoin token surges with an impressive 238% weekly gain.
- GameStop Surges as Keith Gill Returns to Reddit: GameStop shares spike after Keith Gill's return to Reddit platform.
- Microstrategy and Michael Saylor Settle DC Tax Lawsuit for $40 Million: MicroStrategy and its co-founder resolve tax lawsuit with a $40 million settlement.
