690:SIM Swaps, DAO Nightmares, and CBDC Controversies

Episode 690:
Friend.tech's $385K SIM Swap - Friend.tech users lost $385K in Ethereum due to SIM swap attacks. Crypto firm Manifold Trading warns that up to $20 million is at risk.

JPEx's DAO Nightmare - Hong Kong crypto exchange JPEx's transition to a DAO model is under scrutiny. Users claim assets were converted to illiquid tokens without consent, amid legal challenges and arrests.

Dutch Crypto Beats DNB - Dutch crypto firms Bitvavo and Coinmerce win against the Dutch Central Bank over $2.3M in AML compliance fees. A Rotterdam court rules the fees unlawful, impacting future crypto regulations.

CBDC Alert (Argentina) - Argentina's elections spotlight Central Bank Digital Currencies. Economy Minister Massa promotes a digital peso for financial stability, amid skepticism from pro-Bitcoin candidate Milei.

Ripple's Green CBDC - Ripple wins awards for sustainability and CBDC innovation. Their carbon-neutral Palau Stablecoin and involvement in CBDC pilots underscore their commitment to green fintech.

HKEX's Synapse - Hong Kong Stock Exchange launches Synapse, aimed at streamlining cross-border stock trading with mainland China. Using smart contracts, it seeks operational efficiency.

Crypto Overnighter Podcast (10/5/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

Email: nick@cryptoovernighter.com
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Twitter: https://twitter.com/CryptoCorvus1