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July 30, 2024 Tóth Balázs
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One Trading: The New EU Crypto Broker

Netherlands-based One Trading has received its trading license from the Dutch Financial Markets Authority (AFM), enabling the platform to introduce several new products in Europe, including crypto futures trading. One Trading will be the first regulated European derivatives crypto broker open to retail clients.

SEC Withdraws Claims on Certain Crypto Assets

The U.S. Securities and Exchange Commission (SEC) has informed Binance that it is seeking permission to amend its complaint to remove references to SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities. This step aims to avoid a court decision on the sufficiency of the claims regarding these tokens, indicating that they are not considered securities.

StarkNet's Leading Protocol Shuts Down

The Ethereum layer-2 StarkNet derivative protocol, ZKX, has announced its shutdown due to low user engagement and insufficient revenue to cover operating costs. Additionally, flawed tokenomics resulted in a continuous decline in token value. ZKX, once the leading project on StarkNet, had received investments from over a dozen venture capitalists, including Huobi Ventures, Crypto.com, and Hashkey.

New Otherside Game Filled with Bugs

The latest game from Yuga Labs-supported NFT gaming company, Otherside, launched last weekend but received mixed reviews. Project Dragon, a shooter game developed by a team backed with $450 million, faced numerous bugs, including aiming lag and general gameplay issues. Many players reported that the game was not enjoyable, leading to widespread disappointment.
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