The latest news about cryptocurrency as of June 13, 2023:

 

• Binance's Nigeria Unit Ordered to Halt 'Illegal' Operations by Securities Watchdog. The Nigerian Securities and Exchange Commission (SEC) has ordered Binance's Nigeria unit to halt its operations in the country, alleging that the exchange is operating without a license. Binance has denied the allegations and said it is working with the SEC to resolve the matter.
• CFTC Wins Lawsuit Against Ooki DAO. The Commodity Futures Trading Commission (CFTC) has won a lawsuit against Ooki DAO, a decentralized autonomous organization (DAO) that offered a token that could be used to trade futures contracts on the CFTC's regulated markets. The CFTC alleged that Ooki DAO violated the Commodity Exchange Act by failing to register as a futures commission merchant.
• Mt. Gox's Hackers Are 2 Russian Nationals, U.S. DOJ Alleges in Indictment. The U.S. Department of Justice (DOJ) has indicted two Russian nationals for their alleged role in the hack of Mt. Gox, a cryptocurrency exchange that was once the largest in the world. The DOJ alleges that the two men, Dmitry Vasiliev and Ilya Lichtenstein, stole over $4 billion worth of Bitcoin from Mt. Gox in 2014.
• Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms. Three DeFi-focused venture capital firms, Three Arrows Capital, Alameda Research, and Pantera Capital, have sued Curve Finance CEO Michael Egorov, alleging that he misappropriated funds from the Curve Treasury. The firms allege that Egorov used the funds to pay for personal expenses, including a yacht and a private jet.
• Atomic Wallet Hackers Move Stolen Funds via OFAC-Sanctioned Exchange Garantex: Elliptic. Hackers who stole over $100 million worth of cryptocurrency from the Atomic Wallet have moved some of the funds through the OFAC-sanctioned exchange Garantex. Elliptic, a blockchain analytics firm, tracked the hackers' movements and found that they had moved the funds through a number of different exchanges, including Binance, Huobi, and Gate.io.
• Shiba Inu Testnet Blockchain 'Puppynet' Crosses 20M Transactions. The testnet blockchain for the Shiba Inu cryptocurrency, "Puppynet," has crossed 20 million transactions. This is a significant milestone for the project, as it shows that the network is capable of handling a large volume of traffic.
• Canada's Largest University Starts XRP Validator in New Partnership With Ripple. The University of Alberta has started a XRP validator in partnership with Ripple. The university is one of the first in Canada to do so, and it is part of a larger effort by Ripple to increase adoption of XRP.
• Blockchain Staking Provider Chorus One Expands to Peer-to-Peer Network Urbit. Chorus One, a blockchain staking provider, has expanded to the peer-to-peer network Urbit. Urbit is a new network that is designed to be more secure and private than the internet. Chorus One's expansion to Urbit is a sign of the growing interest in decentralized networks.