SEC Acknowledges Bitcoin ETF Options Request, Invites Public Feedback

Categories
Bitcoin, Bitcoin Spot ETF, Bitwise, BlackRock, etf options, GBTC, Grayscale, IBIT, James Seyffart, nyse, options trading

The US Securities and Exchange Commission (SEC) has invited public comments on the potential introduction of  Bitcoin spot ETF options trading. This development has drawn much reaction from the financial market, with experts predicting that the regulatory body could grant approval as early as March.  NYSE Files For Bitwise, Grayscale’s Bitcoin Spot ETF Options In […]

FTX Exchange Saga: Law Firm Handling Bankruptcy Accused Of Complicity In Fraud

Categories
FTX, FTX bankruptcy, FTX creditors, LegderX, Ryne Miller, SC, Voyager Digital

In an interesting development, FTX creditors have launched a class action lawsuit against Sullivan and Cromwell (S&C), the law firm that is currently responsible for handling the bankruptcy proceedings of the defunct exchange. In a petition submitted on February 16 to the US District Court of the Southern District of Florida, S&C is accused of […]

Yuga Labs Acquires Moonbirds NFT In PROOF Takeover

Categories
BAYC, Moonbirds, NFT, Proof, Yuga Labs

Yuga Labs, developers of the prominent non-fungible token collection (NFT) collection Bored Ape Yacht Club (BAYC), has announced the acquisition of rival NFT company PROOF. This transaction is understood to grant Yuga Labs full ownership of all PROOF’s assets and products, including the Moonbirds NFT collection. Yuga Labs To Introduce Moonbirds In Metaverse Project Via […]

Gaming Platform PlayDapp Suffers $31 Million Hack – Details

Categories
Crypto News, Cyvers, hackers, PlayDapp, web3 security

Popular Web3 gaming platform PlayDapp has suffered a cyber attack resulting in an estimated loss of $31 million worth of assets. The attack was first detected by the security platform Cyvers Alerts before an official confirmation by PlayDapp. Since then, the gaming network has taken several measures to safeguard its users’ assets and recover the loot. […]

Hong Kong SFC Raises Alert Over MEXC Imposter – Details

Categories
Crypto Fraud, Crypto Scam, fraudulent platform, hong kong, MEXC, SFC

The Hong Kong Securities and Futures Commission (SFC) has issued an alert on a suspected fraudulent platform impersonating the presence and operations of a popular cryptocurrency exchange MEXC. This development comes from a joint operation between the Hong Kong regulator and the local police force aimed at uncovering illicit activities of virtual asset trading platforms […]

US Top Brokerage Firm Stalls On Bitcoin Spot ETF Engagement, Here’s Why

Categories
Adoption, bitcoin ETF, Bitcoin Spot ETF, BlackRock, Bloomberg, ETF, GBTC, Grayscale, IBIT, LPL

LPL Financial, the largest independent broker-dealer in the United States, is delaying its involvement in the Bitcoin spot ETF market as it awaits the result of an assessment of the novel exchange-traded products (ETPs) performance. This development was revealed by the company’s chief of wealth management solutions, Robb Pettman, in an interview published by Bloomberg […]

Thai Authorities Order Zipmex To Halt Operations – Details

Categories
Crypto regulation, Crypto Regulations, regulatory compliance, SEC, Thailand, Zipmex

The Thai Securities and Exchange Commission (SEC) has ordered Zipmex to temporarily cease its operations as a digital asset trading and brokerage platform. This directive comes as the market regulator is demanding that the embattled cryptocurrency exchange make some changes to its management structure as well as improve its financial position.  Zipmex Faces 15-Day Countdown […]

XRPLedger Records New Milestone With 5.02 Million Active Wallets – Details

Categories
active wallet, Bloomberg analysts, network growth, ripple, SEC, XRP, XRP spot ETF, XRPLedger, XRPUSD, XRPUSDT

According to blockchain analytics company Santiment, the XRP Ledger has now registered a new milestone in the number of active wallets on its network, which indicates a rise of interest in the XRP token over the last few years. XRP, which is one of the most prominent coins in the crypto space, has been a […]

Estonian Government Clears US Extradition Request Of HashFlare Bosses – Details

Categories
Bitcoin Mining, Crypto Scam, Estonia, Extradition, fraud, HashFlare, Polybius, Ponzi Scheme, US

The Government of Estonia has approved the extradition of Ivan Turogin and Sergei Potapenko,  co-founders of the defunct Bitcoin mining company HashFlare, to the United States to face charges of cryptocurrency fraud, among other criminal activities. According to a report by local media postimees, this represents the second time the government of the Northeastern European […]

Trezor Alerts 66,000 Users To Risk Of Phishing Attack

Categories
Crypto Phishing Attack, Crypto Scam, hardware wallet, Phishing scam, Security incident, TREZOR, Trezor Wallet

Prominent hardware wallet company Trezor has revealed a security breach involving unauthorized access to the platform of one of its third-party service providers. Trezor states that there was no loss of funds. However, the security incident has now exposed 66,000 of its customers to the risks of a phishing attack.  Trezor Raises Alarm Following Security Incident  […]

CFTC Files Lawsuit Against Debiex Over $2.3 Million Romance Scam

Categories
Bitcoin, CFTC, Crypto Scam, Debiex, penalty, romance scam

The US Commodity Futures Trading Commission (CFTC) is filing charges against crypto exchange Debiex over allegations of a $2.3 million romance scam. The US regulator announced this civil lawsuit on January 19 after filing for an enforcement action in the US District Court for the District of Arizona.  Debiex Alleged Romance Scam Explained According to […]

Over $4 Million Stolen From Solana Wallets In Sophisticated Phishing Attacks – Report

Categories
Crypto Scam, node drainer, phishing, rainbow drainer, scam sniffer, Scammer, solana wallet

In a recent report, blockchain security platform Scam Sniffer has revealed that there is a new wave of sophisticated phishing attacks in the Solana ecosystem. The report stated that these Solana wallet drainers have now stolen over $4 million in user assets from 4,000 victims in the last 30 days. Scam Sniffer Raises Alerts Over […]