Ad Former NBA player Paul Pierce agreed to pay $1.409 million to the U.S. Securities and Exchange Commission (SEC) as penalties for his undisclosed promotion of the unregistered securities token EthereumMax (EMAX), according to a Feb. 17 statement. The SEC said the NBA star received over $244,000 worth of EMAX tokens to promote the tokens…
Ad Investors withdrew around $2.3 billion worth of Binance USD (BUSD) from Binance within four days after the Securities and Exchange Commission (SEC) issued a warning to BUSD issuer Paxos. The SEC requested Paxos to stop further BUSD production on Feb. 13. At the time, Binance held a little over 14.4 billion BUSD tokens in…
Ad Glassnode data analyzed by CryptoSlate shows that Bitcoin miners are beginning to enjoy some respite in the current year after struggling in 2022. Bitcoin miner’s holdings decline 12.1% YoY As of Jan. 2022, Bitcoin miners held 36,003 BTC, with mining firms like Core Scientific, Riot, Hut8, Marathon, and Bitfarms holding over 30,000 coins. However, the…
Ad Binance CEO Changpeng “CZ” Zhao, on Feb. 17, described reports that his firm was considering delisting U.S-based crypto projects as “false.” Bloomberg reported Feb. 17 that Binance was reconsidering its relationships with its US business partners, citing a person familiar with the matter, because of the current issues with its partners in the country….
Ad Bankrupt crypto exchange FTX has warned its creditors against patronizing unauthorized debt tokens, including the Justin Sun-backed FTX User Debt Token (FUD). FUD is a debt token issued by Debt DAO with a claim of issuing FTX users’ debt as a bond token. At launch, about 20 million FUD was minted, with plans underway…
Ad A California regulator has launched a crypto scam tracker based on complaints from consumers and investors. The database, available via the Department of Financial Protection and Innovation’s website, has 36 entries since launching on Feb. 16. The department’s list includes scams involving fraudulent behaviour of all different kinds. One of the most prominent is…
Ad Filecoin (FIL) jumped 27% over the last 24 hours to $6.857 at the time of press, leading the top 100 coins by market cap. A volatile 24 hours has seen large caps experience a minor sell-off, losing momentum, following Bitcoin recording a YTD high of $25,260 around 16:00 (GMT)on Feb. 16. Nonetheless, standout performances…
Ad Lebanon, Slovenia, and the United Arab Emirates (UAE) are the top three countries that are most interested in Artificial Intelligence (AI) crypto, according to CoinGecko’s recent report. Countries with major economic problems, like Nigeria, Sri Lanka, and Pakistan, have also ranked higher in the charts — while the U.S. was placed 33rd, the CoinGecko…
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Ad Peter McCormack was frank in calling out the “Communist Bitcoiners” for their adverse reaction to Ordinals. The What Bitcoin Did Podcast host said the best thing about Ordinals is how it “p*sses off” the Bitcoin zealots. He said the fallout uncovered those who seek absolute control and hate anyone making money. “All the bitcoin…