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Ripple Asks Judge to Deny SEC’s New Discovery Requests Concerning XRP


Ripple Labs has opposed the requests by the U.S. Securities and Exchange Commission (SEC) for post-compliant discovery concerning XRP. Ripple argued that the regulator’s requests are “untimely” and “the SEC has failed to justify each of its requests on...

Japanese Crypto Advocate Wins Parliament Seat


A leading Japanese crypto advocate has won a seat in the House of Councilors, the nation’s lower parliamentary house. Per CoinPost, Takeshi Fujimaki, a former lawmaker who lost his seat in the 2019 election, has been restored to the house under proportional representation rules. Fujimaki,...

Trezor Issues Security Alert Following Phishing Attack and Data Breach


In a recent security alert, Trezor announced a breach in its support ticketing system, potentially exposing the personal contact information of over 66,000 customers and raising the alarm for possible phishing attacks. Trezor Alerts Users to Phishing Risk After Security Breach Satoshilabs,...

Alameda Research Drops Lawsuit Against Grayscale Amid GBTC Outflows


Alameda Research Ltd., the hedge fund associated with the bankrupt cryptocurrency exchange FTX, has voluntarily dropped its lawsuit against Grayscale Investments amid GBTC outflows. According to court filings from January 22, Alameda opted out of suing Grayscale, its CEO Michael Sonnenshein,...

Concentric Confirms $1.6M Private Key Breach on Arbitrum Protocol


The liquidity manager app Concentric has fallen victim to private key exploitation on the Arbitrum network. According to the post on their official X account, the protocol confirmed the incident, revealing that the security breach resulted from a targeted social engineering attack on one of...

US Treasury Announces New Sanctions Against Hamas-linked Crypto Companies


The United States Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on facilitators and networks involved in crypto transactions linked to the Palestinian militant group Hamas. In an announcement posted on January 22, the Office of Foreign Assets Control...

Pandoshi (PAMBO) Stage 3 Sold Out, Total Raised Over $2 Million


Pandoshi (PAMBO), a rapidly ascending star in the cryptocurrency sky, has achieved a remarkable milestone: the complete sell-out of its Stage 3 presale, raising over $2 million. This significant achievement underscores the increasing investor confidence in Pandoshi, as enthusiasts and crypto...

CEO of Crypto Ponzi Scheme IcomTech Handed Five-Year Sentence


The CEO of a large-scale crypto Ponzi scheme known as IcomTech has been sentenced to five years in prison and ordered to forfeit $914,000 in criminal proceeds. On January 19th, the U.S. Attorney’s Office, Southern District of New York, issued a press release stating that Marco Ruiz Ochoa...

Crypto Mining Investor B.Riley Facing SEC Probe


B.Riley, an investment firm that has backed numerous Bitcoin mining projects, is allegedly involved in a probe brought forth by the United States Securities and Exchange Commission (SEC), according to a new report from Bloomberg. B.Riley’s deals in question following business with alleged...

Terraform Labs Files for Bankruptcy in US Amid SEC Lawsuit


Terraform Labs has filed for Chapter 11 bankruptcy in the U.S. amid ongoing litigation with the U.S. Securities and Exchange Commission (SEC). The company stated in its bankruptcy filing that “funds will be available for distribution to unsecured creditors.” Meanwhile, Terraform Labs...

Tokenization is a “New Financial World” – Is Larry Fink Right?


The much-anticipated Bitcoin ETF approval on January 11 has set the crypto media alight. Still, despite some early signals of bullish action, the markets didn’t respond with quite the same enthusiasm, with BTC trading down 8% in the days immediately following the news. However, short-term movements...

Bitcoin ETFs Rapidly Accumulate 95,000 BTC, Nearing $4 Billion AUM


In just six days of trading, the recently approved spot Bitcoin exchange-traded funds (ETFs) have collectively accumulated an impressive 95,000 BTC, with total assets under management (AUM) inching close to the $4 billion mark. According to Eric Balchunas, a senior ETF analyst at Bloomberg...

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