Hong Kong’s SFC Issues Warning on MEXC for Alleged Crypto Fraud
9.2.2024
Hong Kong’s Securities and Futures Commission warned the public of an allegedly fraudulent crypto exchange today. In an announcement published on its website, the SFC noted that an organization operating under the name MEXC was posing as a legitimate crypto exchange. MEXC’s Crypto Fraud...
Optimism to Halt ETH Withdrawals for Testing Upgraded Incident Response System
9.2.2024
On February 15, the Optimism network will suspend ETH token withdrawals to test an updated security response system. Withdrawals will not be possible for one hour, the developers said. According to the announcement, ETH withdrawals from Optimism’s Level-2 network to the main Ethereum network...
Life changing $888k to be won with Option2Trade (O2T), Pyth Network (PYTH) investors get in on the action
9.2.2024
In a bold move that has captured the attention of the crypto world, Option2Trade (O2T) has launched an unprecedented $888k giveaway, setting the stage for what could be a life-changing event for many. As word spreads, investors from across the spectrum, including those from the Pyth Network...
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
9.2.2024
New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing
Australian Federal Court Rules Against Block Earner for Unlicensed Financial Services Conduct
9.2.2024
An Australian federal court has determined that fintech company Block Earner engaged in unlicensed financial services conduct by offering its crypto-backed Earner product. The Federal Court finds fintech company Block Earner engaged in unlicensed financial services conduct when offering...
Dymension Price Doubles After Airdrop as New Meme Coin Surges to $8.8 Million in Funding
9.2.2024
Following a successful DYM airdrop, promising IBC roll-ups project Dymension Network has seen price of native DYM token double. This article will provide an analysis of DYM’s current price trends and look to see whether a newer meme coin, Meme Kombat, represents a more promising investment...
Former British Finance Minister Denies Crypto Lobbying Allegations
9.2.2024
The UK’s former Chancellor of the Exchequer, Lord Philip Hammond, has denied allegations that he may have been illegally lobbying for crypto company Copper. Hammond currently Chairs the Switzerland-based crypto firm. He has had the appointment since January last year after first serving as...
Steven Waterhouse, CEO of Orchid Labs, on DePIN, AI, Decentralized VPNs, and Fighting for Internet Freedom | Ep. 307
9.2.2024
Cryptonews’ Matt Zahab recently sat down with Steven Waterhouse, CEO and co-founder of Orchid Labs, an open-sourced, decentralized marketplace for Internet services that aims to provide the building blocks for a better, freer Internet. In a wide-ranging, exclusive interview, the CEO discussed:...
Bitcoin ETF Reserves Rise: Over 200,000 BTC Worth $9.56 Billion Gathered Since January Debut
9.2.2024
At 10:00 a.m. EDT on Feb. 9, 2024, the nine recently launched spot bitcoin exchange-traded funds (ETFs) collectively possess 202,868.61 bitcoin, valued at $9.56 billion according to current exchange rates. New ETFs Command Over 200,000 Bitcoin In the last 28 days, spot bitcoin ETFs introduced...
Republican Senators Pen Scathing Letter to Gensler for “Unethical” Handling of DEBT Box Case
9.2.2024
A group of Republican senators criticized United States Securities and Exchange Commission (SEC) Chair Gary Gensler over the federal agency’s “unethical” handling of the DEBT Box case in a February 7 letter. Republican Senators Argue SEC’s Tactics Were “Unethical” Senators Cynthia Lummis (R-WY)...
Blockchain Industry Groups Call EIA’s Moves on Bitcoin Mining as ‘politically Motivated’
9.2.2024
Two blockchain industry groups have called the US Energy Department’s mandatory data collection from crypto mining operators as “politically motivated campaign.” Texas Blockchain Council president Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring presented an industry statement...
ETF History Made: BlackRock and Fidelity’s Bitcoin Launches Become the Talk of Wall Street
9.2.2024
Interest in market leading spot Bitcoin ETFs has exploded one month after launch, according to Bloomberg’s Senior ETF analyst Eric Balchunas. Balchunas posted a multi tweet thread on X crunching the numbers behind the newly launched Bitcoin investment products. BlackRock and Fidelity’s...