MEV bot drained $1m after attacker manipulated bug 

A non-atomic MEV bot was reportedly drained $1 million through a bug. Further investigation shows it has been on the platform for a while and was responsible for prior bad trades. In a Twitter thread, Flashbot’s Robert Miller explained that…

Crypto.com secures MVP approval from Dubai regulators

Crypto.com has announced that it has been granted an MVP preparatory license by the Dubai Virtual Assets Regulatory Authority (VARA). The permit will lay the foundation for the exchange to extend its operations to the region.    Crypto.com, the world’s 18th-largest…

Belgium introduces new crypto ad rules

Belgium’s fiscal watchdog has updated the country’s crypto rules which mandate that crypto advertisers warn users of the risks associated with investing in crypto. The Financial Services and Market Authority (FSMA) will require notification on all primary commercial crypto campaigns…

Ron DeSantis urges for the prohibition of CBDCs

Governor of Florida, Ron DeSantis, pledges to ban the use of central bank digital currencies in Florida. Florida’s Governor, Ron DeSantis, has recently voiced his apprehension regarding the potential adverse effects of central bank digital currencies (CBDCs) on the state’s…