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June 16, 2024
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.
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