早报 - 5月5日2023

Typical cases of application of the Civil Code in Chinese courts: There is no legal prohibition on the issuance and trading of "digital collections"

Typical cases in the application of the Civil Code in China's Shandong courts show that digital collectibles are a kind of online virtual property, and there is currently no explicit legal prohibition on the issuance and trading of digital collectibles.

Cardi B-Endorsed $WAP Token Under UAE Investigation for Market Manipulation: Is Celeb Crypto Promotion Fuelling Fraud?

The UAE Securities and Commodities Authority (SCA) is investigating $WAP, a Solana-based token endorsed by celebrities like Cardi B, amidst concerns that such endorsements could facilitate pump-and-dump schemes. Cardi B's promotion is under scrutiny due to its connections to a crypto wallet linked to previous scams.

Is El Salvador's Bitcoin Experiment Failing? Survey Reveals 92% Are Not Using BTC for Transactions Despite Government Push for Adoption

A recent survey revealed that only 7.5% of Salvadorans use Bitcoin for transactions, despite the government's efforts and investments since it became legal tender in September 2021. Most citizens prefer the government to focus on education and industrial development rather than Bitcoin, highlighting a disconnect between official policies and public priorities.

Sui Dismisses $400 Million Insider Trading Allegations Amidst SUI’s ATH and Drop, Sparking Doubts About Long-Term Viability

The Sui Foundation has denied allegations of insider token sales, which claim that insiders profited from SUI's recent surge by selling $400 million worth of tokens. These claims are putting pressure on SUI's price, prompting the community to express concerns about the project's long-term viability.

South Korea Province Seizes $890K in Crypto from Tax Evaders Targeting $136 Million by Year-End

North Gyeongsang Province seized $890,000 in crypto from residents who failed to pay taxes. The province aims to recover $136 million in unpaid taxes by the end of the year, using aggressive measures against tax evaders.

Comeback of Revamped ChatGPT MEV Bot Scam Amidst AI Hype: Can We Ever Be Safe?

Blockchain security firm SlowMist warns of rising scams using fake trading bots that falsely claim ties to OpenAI’s ChatGPT. These schemes lure users into investing, only for their funds to disappear. Exercise caution and avoid suspicious links and unverified code.

HTX Users Can Now Trade Crypto Directly on TradingView with New Integration

HTX has partnered with TradingView to allow users to trade cryptocurrencies directly within the TradingView platform, enhancing the trading experience. This integration provides users with easier access to HTX's services and resources, enabling more efficient and flexible trading strategies.

University Graduates Arrested in Hong Kong’s $46 Million Deepfake Love Scam

Hong Kong police dismantled a fraud syndicate that used deepfake technology to scam individuals out of approximately HK$360 million (around $46 million) through romance scams. A total of 27 suspects were arrested, including five believed to have ties to organised crime, highlighting the growing threat of sophisticated online scams.

中国矿池大佬“神鱼”证实12083枚以太坊被盗！价值2亿元人民币

TikTok Under UK Scrutiny for Illegal Operation as Crypto Exchange: Are More Social Media Platforms Coming Under Fire?

TikTok is under UK scrutiny for allegedly operating as an unlicensed crypto exchange, raising concerns about financial regulation. This mirrors recent actions against platforms like Telegram, sparking questions about whether more social media apps will face similar scrutiny.