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Hong Kong’s SFC Issues Warning on BitForex Amid Crypto Scam Allegations


On March 4, ​​Hong Kong's financial watchdog, the Securities and Futures Commission (SFC), issued a public notice about the cryptocurrency exchange BitForex over alleged fraudulent dealings. BitForex, although based in Hong Kong, does not possess the license required by the country's regulatory...

Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges


The Hong Kong Securities and Futures Commission (SFC) issued a public warning today, urging investors to be cautious of suspicious websites impersonating legitimate virtual asset trading platforms. The post Hong Kong SFC Warns of Websites Impersonating Regulated Crypto Exchanges appeared first...

EA Cancels Respawn Star Wars Shooter Amid Mass Layoff


Respawn’s unnamed Star Wars first-person shooter, first confirmed by EA in January 2022, has reportedly been canceled as the publisher pulls back on licensed games amid a large round of layoffs. Read more

Chinese Authority Warns of Fake Digital Yuan App Scam


Chinese Ministry of Industry and Information Technology cautions against counterfeit digital yuan apps as scam tactics evolve, urging the public to verify through official channels. The post Chinese Authority Warns of Fake Digital Yuan App Scam appeared first on Cryptonews

Public Input Sought by SEC on Bitwise, Grayscale Bitcoin ETF Options


The SEC has opened the floor for public comments regarding a proposed rule change that would allow the listing and trading of options for Bitcoin exchange-traded funds (ETFs). The post Public Input Sought by SEC on Bitwise, Grayscale Bitcoin ETF Options appeared first on Cryptonews

New AI Model Groq Challenges Elon Musk’s Grok and ChatGPT


Groq, the latest AI tool to make waves in the industry, has quickly gained attention after its public benchmark tests went viral on the popular social media platform X. The post New AI Model Groq Challenges Elon Musk’s Grok and ChatGPT appeared first on Cryptonews

Crypto Miner Phoenix Group Reports 50% Jump in Net Income


UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following its initial public offering (IPO) on the Abu Dhabi Stock Exchange. In an announcement, Phoenix Group said sales experienced a surge of...

Bitcoin ETFs Pose Long-Term Threat to Public Crypto Miners: Galaxy


Spot Bitcoin ETFs present long-term competition for publicly traded cryptocurrency miners, according to a Galaxy Research report published Wednesday. Galaxy analysts said that before these ETFs were approved, public mining stocks were one of the few ways investors could gain exposure to Bitcoin...

Hong Kong’s SFC Issues Warning on MEXC for Alleged Crypto Fraud


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...

Deepfakes Accelerating Crypto Scams on Twitter + More Crypto News


Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Deepfakes Accelerate Cryptocurrency Scams Bitpanda Removes All Deposit and Withdrawal Fees Public Miners Stock Up BTC Reserves __________ Deepfake...

SEC Delays Decision on Invesco and Galaxy Digital’s Spot Ether ETF


The United States Securities and Exchange Commission (SEC) has delayed its ruling on the Invesco Galaxy ether exchange-traded fund (ETF), and has now been pushed to potentially July 2024 after opening the proposal to public comments. Invesco and Galaxy Spot Ethereum ETF Decision Delayed by SEC...

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