Seychelles-based cryptocurrency and digital assets exchange OKX has reportedly stopped support for Tether trading pairs in the European economic area, according to images shared on the X social media platform. Source: MartyParty A message shared by X user MartyParty showed a screenshot of a customer support message that appears to confirm that USDT trading pairs are no […]
Security News
Crypto-focused lawmaker wants to lead House Financial Services Committee in 2025
Arkansas Representative French Hill, who chairs the United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, plans to take over leadership of the full committee following Patrick McHenry’s departure. According to a March 17 Punchbowl News report, Hill is one of the contenders to chair the full financial services committee starting […]
SEC hit with sanctions for its ‘gross abuse of power’ in Debt Box case
A United States district court has imposed sanctions on the Securities and Exchange Commission (SEC) for acting in “bad faith” in a lawsuit it brought against Debt Box. The SEC initially filed a motion to dismiss without prejudice but that was denied by Judge Robert J. Shelby, who slammed the regulator for intentionally lying to the court about evidence […]
Pro-XRP lawyer confident he can win Senate bid, sets $1M campaign goal
Pro-XRP lawyer John Deaton has claimed he is ready to take on cryptocurrency critic Senator Elizabeth Warren in the Massachusetts Senate race, urging his large crypto-friendly social media following to financially back his campaign. In a post on X, Deaton told his 324,100 followers that he invested $500,000 of his own money into the Senate […]
Remilia founder claims hack after Ether, NFTs transferred
Krishna Okhandiar, the founder of Remilia and Milady, who is also known as Charlotte Fang, is reportedly claiming to have been hacked following the transfer of significant amounts of Ether and nonfungible tokens (NFTs) to a wallet engaged in asset liquidation. The incident was initially highlighted by Dumpster DAO on X, who shared a screenshot […]
Reddit faces FTC probe over AI data practices ahead of IPO
Social media giant Reddit is being investigated by the United States Federal Trade Commission (FTC) over its data licensing practices for artificial intelligence (AI) training. The investigation comes amid the company’s preparation for its long-awaited initial public offering (IPO). Reddit revealed the investigation in an amended Form S-1 registration statement filed with the U.S. Securities and Exchange […]
Biden pressured to intervene in US citizens detention by Nigeria
The administration of United States President Joe Biden is under increasing pressure to promptly aid the release of Tigran Gambaryan, a Binance executive and former U.S. federal agent, and another Binance executive, Nadeem Anjarwalla, who the Nigerian government have detained without passports since Feb. 26, 2024. The U.S. Chamber of Digital Commerce made its appeal […]
Nigerian SEC seeks to raise crypto exchange registration fee
Nigeria’s Securities and Exchange Commission (SEC) has proposed an amendment to the rules guiding platforms offering crypto services, suggesting a hike in the registration fee for crypto exchanges from 30 million naira ($18,620) to 150 million naira ($93,000). In the amendment, the SEC said the proposed changes were made to provide clarity and incorporate suggestions from industry […]
Starbucks says its NFT rewards program must come to an end
Multinational coffee chain Starbucks has announced it is ending its program that lets customers earn and buy digital collectible stamps in the form of non-fungible tokens (NFTs) to make room for new initiatives. According to a recent statement, Starbucks’ “Odyssey Beta program” will conclude on March 31. The program allowed users to engage in coffee-themed games […]
Vanguard’s outgoing CEO sticks to anti-Bitcoin ETF stance, despite inquirie
Vanguard Group’s CEO, Tim Buckley, has maintained his strong opposition to Bitcoin exchange-traded funds (ETF) despite facing criticism from customers and ongoing inquiries about the firm’s plans to offer them. In a recent video published by Vanguard, Buckley cautioned against including Bitcoin ETFs in retirement investment plans, due to the asset’s volatile nature. “We don’t believe it […]