12 Jun 202312:52
Crypto Events Recap, June 10-12

Crypto Events Recap, June 10-12

Commodity Futures Trading Commission
The Commodity Futures Trading Commission won a default judgement against Ooki DAO after the group failed to respond. The first-ever case against a decentralized autonomous organization establishes that DAOs can be held legally liable for their actions.

Joined NVIDIA Inception Program. The program will help dotmoovs to evolve faster through access to cutting-edge technology and NVIDIA experts.

Announced that it's winding down its U.S. Institutional Business on June 21st.

Announced a strategic partnership with Whale World. More details to follow-up later.

Minted 1 billion USDT tokens on the Ethereum blockchain as part of its "inventory replenish."

Launched major upgrade, which introduces the concept of ‘Refining’, which simulates real-world mining scenarios.

Plans to open its first international office in the U.K. due to increasing regulatory scrutiny on cryptocurrencies in the United States.

Launched CREDI tokens bonds on ApeSwap. Users can now buy them at a 15% price discount. Over 4 million CREDI tokens are now available.

Sturdy Finance
Exploited for 442 ETH, worth almost $800,000. The attacker exploited a vulnerability that eventually manipulated a faulty price oracle.