Morning News Update #Web3

📋 #SEC challenges @Ethereum and @solana staking ETFs from REX Shares and Osprey Funds, claiming "incorrectly submitted registration statements" with misleading disclosures. REX counsel says won't launch until SEC concerns satisfied.

📉 #NFT​ market volume drops 16.76% to $105.7M despite 55% buyer increase to 699K users. #CryptoPunks dominates with #1831 selling for 150 ETH ($389K). Ethereum volume up 28% while #Bitcoin falls 27%.

🎹 Silk Road founder Ross #Ulbricht raises $1.8M auctioning prison souvenirs on Scarce City platform. Prison ID card sold for 11 $BTC (~$1.1M), with payment deadline Monday.

đŸ›Ąïž Rising crypto attacks prompt specialized insurance development. Cases include Italian tourist tortured 3 weeks in NY and French exec family kidnapping attempt. Three companies developing K&R policies for crypto investors.

💾 @arkham reports trader James #Wynn's wallet balance at just $16.28, suggesting complete liquidation. Major decline from trader who recently reported $46.5M profits on #Hyperliquid .