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OG Army Presale Launch: A Revolutionary Blend of Crypto, Gaming, and Conservation
In an innovative leap forward for the crypto world, OG Army proudly announces the launch of its groundbreaking cryptocurrency token, $OGARMY, today. This revolutionary project is not just another addition to the blockchain; it's a movement merging the realms of... -
Terraform Labs Ex-Developer Concedes Terra for Payments Project’s Impossibility and Deceptive Advertisement
An ex-Terraform Labs developer testified that the company’s executives knew Terra's algorithmic stablecoin limits but concealed them from investors. Payment Structure was “Impossible” On February 5, South Korea’s 14th Criminal Division of the Seoul Southern District Court Held the first... -
Russia Tests Digital Ruble: 30 Banks, 600 Individuals, and 30 Companies Join Pilot Program
Russia is currently in the testing phase of its digital currency, the digital ruble, with 30 banks actively participating in the pilot program. Recently, 17 of these banks formalized their involvement by officially signing up with the Bank of Russia.... -
Paul Tudor Jones and Jerome Powell Raise Alarm Over Rising US Debt
The US debt pile has soared since the onset of the COVID-19 pandemic as the federal government opened its coffers to support the economy. US national debt surpassed $34 trillion at the end of 2023 while the debt-to-GDP ratio stood... -
Genesis Petitions Court for Authorization to Divest $1.59B Worth of Assets
Defunct crypto lender Genesis is seeking court approval to liquidate its Grayscale trust asset (GBTC) and other shares worth $1.59 billion. This move comes at a crucial time, coinciding with Bitcoin ETFs' remarkable popularity surge. Genesis GBTC Selloff Will Benefit... -
Floki’s Response to SFC Concerns – Regulatory Compliance and APY Explanations
Floki, the folks behind a dog-themed coin, replied to worries from Hong Kong's Securities and Futures Commission about their staking programs. They explained the high Annual Percentage Yield (APY) and assured everyone about following rules in different places. The article... -
Attackers Charged in Connection to $400M FTX Hack Involving SIM Swap Scam
The U.S. federal prosecutors have charged three individuals for orchestrating a SIM-swapping scam on the FTX exchange in November 2022. This move resulted in over $400M theft from the platform just hours after it filed for bankruptcy. Deep Dive into... -
Binance Faces Lawsuit from Hamas Victims Over Alleged Terrorist Attack
Three families of the Hamas terrorist group's October 7 attack on Israel have filed litigation against Binance and its former CEO. The families also sued the governments of Syria and Iran, accusing them of financing the Palestine-based group. Binance Involved... -
SEC Seeks to Dismiss DEBT Box Case Amid ‘Materially False’ Statement Claims
The U.S. Securities and Exchange Commission (SEC) has decided to drop charges against DEBT Box, aka Digital Licensing Inc., due to potential sanctions for presenting misleading evidence in restraining the crypto firm. SEC Argues Court Sanctions In a January 30... -
SEC’s Crypto Crackdown: 46 Actions Mark 50% Surge in 2023
In 2023, the U.S. Securities and Exchange Commission (SEC) increased actions against crypto-related activities by over 50% from the previous year. They focused on enforcing rules in the cryptocurrency market and took 46 actions against various participants. This demonstrates a...
