British Columbia Court Backs Ban on Crypto Mining in Canadian Province
6.2.2024
Conifex, a B.C.-based cryptocurrency mining company, challenged B.C. Hydro's 18-month moratorium on mining
US Treasury Secretary Yellen Highlights Crypto Risks, Urges Legislation
6.2.2024
U.S. Treasury Secretary Janet Yellen, leading the Financial Stability Oversight Council, addressed lawmakers about the risks cryptocurrencies pose to the U.S. financial system and called for regulations. During the presentation to the House Financial Services Committee, Yellen detailed concerns...
BitMEX Co-Founder Arthur Hayes Sees Bitcoin Price Hit $1 Million on Bank Bailouts
6.2.2024
BitMEX co-founder and former CEO Arthur Hayes earlier posted on X a scenario where he sees Bitcoin price touching $1 million. Hayes tweeted that Federal Reserve Chairman Jerome Powell is saying US banks are strong to very strong, but NYCB (New York Community Bancorp) says otherwise. Who is right...
California School Officials Plead Guilty to Running Crypto Mining Scheme With School Resources
6.2.2024
A sophisticated scheme to defraud Patterson Joint Unified School District has been unveiled, with senior officials Jeffrey Menge and Eric Drabert at the helm, using the district’s resources to mine cryptocurrency illegally, as disclosed by the DOJ. School Officials Plead Guilty to Crypto Mining...
Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims
6.2.2024
A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches...
Artists Ordered to Pay $9 Million in BAYC Copyright Dispute
6.2.2024
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...
Crypto Exchange Listing and Delisting Announcements: February 6, 2024
6.2.2024
  Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Lawmaker: Lack of Russian Crypto Regulations ‘Undermines Moscow’s Anti-Sanctions Policies’
6.2.2024
A leading politician thinks insufficient Russian crypto regulation is “undermining the government’s efforts to counter” Western economic sanctions. The media outlet RBC quoted Andrei Lugovoy, the First Deputy Chairman of the State Duma’s Committee on Security and Anti-Corruption, as calling Russian...
JPMorgan Warns of Increased Risk for Crypto Market Due to Tether’s ‘Lack of Regulatory Compliance and Transparency’
6.2.2024
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers that have been more compliant with existing regulations...
Fed Chair Powell Says US Government Is on ‘Unsustainable’ Fiscal Path
6.2.2024
Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks that have to be closed or merged out of existence....
Reunit Wallet Launches Reward Program: Trade To Earn
6.2.2024
PRESS RELEASE. Reunit Wallet, an omnichain wallet built on technology developed by LayerZero & Stargate Finance, is launching a volume-based reward program. In an effort to stimulate trading activity on its integrated platform and attract new users, Reunit Wallet is implementing a reward system...
Pepe Price Prediction as PEPE Drops 14% in 7 Days – Is PEPE Coin Going to Zero?
6.2.2024
Pepe (PEPE) price predictions remain bearish with the meme coin having now dropped more than 16% in seven days. PEPE/USD was last changing hands on major centralized exchanges just under $0.0000009. The Pepe price has nearly halved since hitting fresh multi-month highs back in December near...