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EU Regulator Proposes Stricter Rules for Foreign Crypto Firms


The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator, has proposed stricter rules for crypto firms based outside the EU, limiting their ability to directly serve customers within the bloc to ensure fair competition. ESMA Proposes Stricter Rules for Non-EU...

Genesis Settles SEC Lawsuit for $21 Million Over Unregistered Securities


Facing charges from the SEC over its crypto lending practices, Genesis has agreed to a $21 million settlement. This move aims to close a chapter of legal challenges following the company’s bankruptcy filing last year amid a wider crypto market collapse. Genesis Strikes $21 Million Deal With SEC...

GameFi Star Meme Kombat Hits $8 Million Raise As ICO Heads for Sellout


Friday, February 2nd, 2024 – Meme Kombat ($MK) has raised nearly $8 million for its battling iGaming ecosystem, which will see meme characters go toe-to-toe in its battling arena. The Web3 gaming platform is a first-of-its-kind offering as far as meme battling goes. But the innovation doesn’t stop...

Thailand’s SEC Orders Zipmex to Suspend Trading and Brokerage Services


Thailand’s Securities and Exchange Commission instructed cryptocurrency exchange Zipmex to temporarily suspend its digital asset trading and brokerage services beginning February 2. In a February 1 announcement, the SEC said that Zipmex has been given a 15-day period to fix its financial position...

Binance Freezes $4.2M in XRP Linked to $112M Ripple Hack


Cryptocurrency exchange Binance has frozen $4.2 million worth of XRP in connection with the $112 million hack on Ripple co-founder Chris Larsen’s wallet on January 31. This incident is currently the most significant hack of 2024. In response to the exploit, XRP Ledger developers promptly...

End of the Line for OPNX, Built by Three Arrows Co-Founders Zhu and Davies


OPNX has declared it will cease all activities next month. This decision comes as co-founders Su Zhu and Kyle Davies grapple with legal repercussions stemming from their previous venture’s failure, Three Arrows Capital. OPNX to Shut Down Amid Three Arrows Co-Founders’ Legal Troubles...

OFAC Blocks Venezuelan Gold Business, Warns About Upcoming Oil Sanctions


The Office of Foreign Assets Control (OFAC) has revoked the license of Minerven, the Venezuela-owned gold company, for commercializing gold in international markets. The sanctions on Minerven, which were eased in October, will be applied again on February 13, with oil and gas sanctions reported...

Traders Predict This is The Best BEP-20 Token To Buy As BNB Price Recovers


As the price of Binance Coin (BNB) continues recovering from the recent low of $298, crypto traders have turned their attention to accumulating one new BEP-20 token ahead of its launch. eTuktuk, a green crypto startup building eco-friendly electric vehicle infrastructure in developing countries...

Fintech Provider Monei Kicks-Off EURM Stablecoin Pilot in Spain


Fintech firm, Monei has launched trials of the euro-backed stablecoin EURM in Spain in collaboration with major financial institutions in the country. In a recent press release, the company announced the commencement of tests under the supervision of the Bank of Spain’s Financial Sandbox. The tests...

What Influences Spot Ether ETF Approval?


After the buzz around Bitcoin spot ETFs, all eyes are on a possible Ethereum ETF. The SEC has already delayed decisions on applications from Grayscale and Blackrock. Meanwhile, Fidelity’s proposal, submitted in November, faces a crucial March deadline. But, what are the chances of these...

Doodles and G-shock Join in an NFT Collab + More Top 10 News


Over the past 24 hours, the non-fungible token (NFT) market sales volume has slightly decreased, less than 2%, to $35,310,744, with several big developments making NFT news rounds. Buyers are up 8%, sellers 3%, and transactions 9%, according to CryptoSlam. Most of the top 10 collections by sales...

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