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RoboFi News Review: Top Crypto News of the Week

This week’s news roundup is presented below.

Australia embarks on crypto stock-taking ahead of sector regulation

On Monday, Australia’s new center-left government sent the first signal that it intends to regulate the $1 trillion cryptocurrency industry by announcing that it would conduct a virtual stocktake of the country’s cryptocurrency assets.

Wire fraud: the most powerful law in crypto right now

The complicated question of whether digital assets should be categorized as securities, commodities, or a whole new asset class has sparked heated discussions over regulation and enforcement in the cryptocurrency market. While this is being debated, the Department of Justice (DOJ) has made it clear that it does not care how the information is classified.

Cryptoverse: A mixer with your crypto cocktail?

The DeFi utopia has been disturbed. A stirred up. As reported by data aggregator Defi Llama, the big crypto project saw a dip in 2022, with the total user cash placed in decentralized finance falling to around $61 billion from over $170 billion at the beginning of the year.

NFTs worth $100 million stolen in past year, Elliptic says

In the year up to July, thieves stole over $100 million worth of non-fungible tokens, according to blockchain research firm Elliptic. This is a new front in the ongoing hacking crisis in the cryptocurrency industry. Nonfungible Tokens (NFTs) are digital assets backed by the blockchain that can be exchanged for other NFTs or other digital files.

Thai lender SCBX scraps $500 mln acquisition of crypto exchange Bitkub

After initially agreeing to invest $500 million in cryptocurrency exchange Bitkub, Thailand’s oldest lender SCBX Pcl (SCB.BK) announced it was backing out of the agreement, citing regulatory concerns as the reason.

About RoboFi

RoboFi ( is a Defi platform that envisions a marketplace for revolutionary Dao crypto trading bots. Through its IBO (Initial Bot Offering) system, community members can maximize their earnings in an easy, simple, and secure way. We create a safe and transparent environment based on blockchain technologies that help developers bring crypto trading bot platforms to the market. In addition, individuals will have easy access to these bot applications, thereby generating more earning opportunities. RoboFi ecosystem is fueled by the VICS token.

About VICS

VICS token has a distinctive and enticing concept. VICS is the BEP-20 token, built on the Binance smart chain. It is a core utility token in the RoboFi ecosystem, the reliable crypto trading bot marketplace. One important utility is to own the governance token of DABots and participate in an IBO (Initial Bot Offering) to receive additional incentives. VICS is available on major exchanges for trading.

Official Link

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