Joint Operation Dismantles $16M Crypto Fraud, Kraken Pro & Kraken NFT Go Live, OpenSea Blocks 30 Cuban Creators

Source: AdobeStock / ChiccoDodiFC

Get your daily roundup of cryptoasset and blockchain related news by investigating the stories flying under the radar of today’s crypto news.

Crime news

  • The European Union Agency for Criminal Justice Cooperation (Eurojust) has announced that, with its support, authorities in Italy and Albania have cracked down on an online investment fraud involving cryptocurrencies. According to the press release, assets worth 3 million euros ($3.2 million) were seized during the operation. The total damage caused is estimated at 15 million euros ($15.9 million).

Exchange news

  • Kraken announced the public launch of Kraken Pro, with a full suite of trading tools and access to spot trading, margin trading, staking and portfolio management. Kraken Pro is specifically designed for advanced traders and comes with the Kraken Pro app, the press release states.
  • Kraken also announced the launch of the public beta of KrakenNFT, the marketplace created from the ground up for collectors to explore, discover and trade non-fungible tokens (NFTs), the press release said. At launch, Kraken NFT will feature over 110 of the highest trading volume NFT collections, they added. The marketplace features zero fees, creator earnings, rarity rankings, and over 200 funding options.
  • OKX extension released its second Proof of Reserves (PoR), stating that it would release monthly PoRs on approximately the 22nd day of each month. According to the press release, users can now view and independently verify the results of two PoRs on the website using open source tools. The new features also allow users to view OKX reserve reports for new and historical data and download files containing that data.
  • Cryptocurrency exchange Bullish and Special Purpose Acquisition Companies (SPACs) Far Peak Acquisition Company they agreed to cancel their planned merger. According to a statement, the companies would not be able to meet the United States Securities and Exchange Commission (SEC) requirements for listing by the end of this year.

NFT news

  • The accounts of more than 30 Cuban creators have reportedly been deleted from the list Offshore market. “We comply with U.S. sanctions law,” Artnet News reported, quoting an OpenSea spokesperson as adding, “Our terms of service explicitly prohibit sanctioned individuals, individuals in sanctioned jurisdictions, or services from using OpenSea.”

Regulatory news

  • The United States Securities and Exchange Commission‘s interim chief accountant Paul Munter warned investors to take adults with proof of stock with a grain of salt. “We caution investors to be very wary of some of the claims made by cryptocurrency companies,” Munter told the Wall Street Journal, adding, “Investors shouldn’t place too much faith in the mere fact that a company claims it has a backup test by an accounting firm.The SEC has warned investors and accounting firms that if it finds “fact models” problematic, it will consider a referral to the enforcement division.

Blockchain news

  • BNB chain announced that its decentralized applications (dapps) attracted over one million unique Web3 wallets per day in 2022, claiming to have surpassed Ethereum (ETH) in the number of unique addresses. According to a press release, BNB Chain currently has 232 million unique addresses.

DeFi news

  • Robodexa company working to improve the fundamentals of Automated Market Makers (AMM), has joined the Chain ring TO BUILD program, where he will receive benefits including access to and integration of automation nodes via Chainlink Automation, on-chain data security via Chainlink Data Feeds, and access to new alpha and beta releases of the Chainlink product, he said the announcement. In exchange for these services, Robodex will make available to Chainlink’s service providers, including stakers, 3% of its total token supply at launch.

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