Crypto Victory: SEC Agrees To Drop Enforcement Case Against Coinbase – Details
In a positive development for the crypto industry, the US Securities and Exchange Commission (SEC) plans to end its 20-month-long legal battle against crypto exchange platform Coinbase and withdraw the enforcement case, a shift from the agency’s previous “regulation by enforcement” approach. SEC To Dismiss Coinbase Lawsuit On Friday,...
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SEC Drops OpenSea Investigation Easing Pressure on NFT Market
The U.S. Securities and Exchange Commission (SEC) is closing its investigation into major non-fungible token marketplace OpenSea, the platform’s founder and CEO Devin Finzer said on social media. The regulator issued a Wells notice against OpenSea in August 2024, indicating it was planning on pursuing an enforcement action against...
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Financial Damages from LIBRA Coin Fiasco Revealed in Nansen Report
On-chain analytics platform Nansen has released a report examining the aftermath of the controversial LIBRA token. Its findings indicate that 86% of traders who bought the cryptocurrency collectively lost about $251 million, while a select group of winners walked away with at least $180 million in profits. A Rapid...
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Bybit Announces Recovery Bounty Program: 10% of Stolen Funds
The cryptocurrency exchange Bybit, which just suffered a major security incident, is now launching a recovery bounty program. The team wants to give back 10% of the funds that anyone is able to recover, according to a press release shared with CryptoPotato. As reported previously, Bybit suffered a security...
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Bybit Offers $140M Bounty In Wake of $1.4B ETH Hack, Investigation Focuses On Safe
In the aftermath of a $1.4 billion Ethereum (CRYPTO: ETH) heist, cryptocurrency exchange Bybit has launched a recovery bounty program, offering a reward of up to 10% of the recovered funds to ethical cyber and network security experts who actively contribute to retrieving the stolen assets. This translates to...
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Bitcoin price steady as Nasdaq 100, S&P 500, SCHD retreats
Bitcoin price held steady above $95,550 even as popular American stock indices and exchange-traded funds dived. Bitcoin (BTC) was trading above $96,550 at last check Saturday morning, a day after U.S. equities had their worst day this year. Nasdaq 100,…...
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$5.7M Bybit Crypto Scam Lands Ex-Employee Nearly 10 Years in Prison—Details
A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 months in jail on February 20. The charges stemmed from her fraudulent activities that involved defrauding ByBit Fintech, a Seychelles-based cryptocurrency exchange, of over $5.7 million. The Charges And...
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$EURCV Launch on Stellar: Shaping Cross-Border Payments with Best Wallet Token
Societe Generale-Forge, the digital assets subsidiary of French banking giant Societe Generale, has launched a EUR-backed stablecoin ($EURCV CoinVertible) on the Stellar network. The move has the potential to reshape the landscape of stablecoins, offering enhanced compliance, cost-effectiveness, and scalability. The $EURCV stablecoin is set to serve as a...
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Crypto titans tested: BitLemons vs. Cardano vs. Polkadot
As crypto volatility rises, investors eye opportunities in Bitcoin, BitLemons, Cardano, and Polkadot. #partnercontent...
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Pepeto could be the next Shiba, with x100 potential
Shiba Inu made millionaires with a 1000x surge, but its growth potential is now limited, prompting investors to seek the next big meme coin. #partnercontent...
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