Joint Operation Busts $16M Big Crypto Fraud, Kraken Pro and Kraken NFT Go Live, OpenSea Blocks 30 Cuban Creators

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The European Union Agency for Criminal Justice Cooperation (Eurojust) has announced that with its support, Italian and Albanian authorities have busted an online investment fraud involving crypto. According to the press release, 3 million euros ($3.2 million) in assets were seized in the operation. The total damage caused is estimated at 15 million euros ($15.9 million). Exchange newsKraken has announced the public launch of Kraken Pro, featuring 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 it comes bundled with the Kraken Pro app, the press release said. non-fungible tokens (NFTs), the press release states. At launch, Kraken NFT will feature over 110 of the largest NFT collections, they added. The market includes zero fees, creator income, rarity rankings, and over 200 funding options. OKX released its second Proof of Reserves (PoR), indicating that it would release PoRs monthly around the 22nd day of each month. According to the press release, users can now view and check the results of two PoRs themselves on the website using open source tools. New features also allow users to view OKX reserve ratios for new and historical data and to download files containing this data. Crypto exchange Special Purpose Bullish Acquisition Company (SPAC) Far Peak Acquisition Corporation has agreed to cancel their planned merger. According to a statement, the companies would not be able to meet U.S. Securities and Exchange Commission (SEC) requirements for listing by the end of this year. NFT newsThe accounts of more than 30 Cuban creators have reportedly been removed from the OpenSea marketplace. “We comply with US sanctions law,” Artnet News reported, quoting an OpenSea spokesperson who added, “Our Terms of Service explicitly prohibit Sanctioned Persons, Persons in Sanctioned Jurisdictions, or services to use OpenSea”. Chief accountant Paul Munter has warned investors to take adults with reserve evidence with a grain of salt. “We caution investors to be wary of some of the claims made by crypto companies,” Munter told the Wall Street Journal, adding, “Investors should not place too much faith in the mere fact that a company says it has a proof of reservations from an auditing firm.The SEC has warned investors and auditing firms that if it discovers inconvenient “patterns of fact” it will consider a referral to the Enforcement Division, saying that ‘it has overtaken Ethereum (ETH) in the number of unique addresses. According to a press release, BNB Chain currently has 232 million unique addresses.DeFi newsRobodex, a company working to improve the fundamentals of Automated Market Makers (AMM ), has joined the Chainlink BUILD program, where he will receive benefits including access to and integration with Automation Nodes through Chainlink Automation, on-chain data security through Chainlink Data Feeds, and acces es to new alpha and beta versions of the Chainlink product, the announcement said. In exchange for these services, Robodex will make 3% of its total token supply at launch available to Chainlink service providers, including stakers, over a period of time.

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