Eddy Alexandre, the CEO of the purported crypto trading platform EminiFX is facing as much as 10 years behind bars for his part in the fraudulent enterprise. Eddy Alexandre, CEO of purported crypto trading platform EminiFX has pleaded guilty to commodities fraud in a New York district court, agreeing to pay back millions to investors...Continue Reading

The Wormhole exploiter appears to be seeking arbitrage opportunities with Ethereum-pegged assets. The ill-gotten crypto from one of the industry’s largest exploits is on the move again, with on-chain data showing another $46 million of stolen funds has just shifted from the hacker’s wallet. The Wormhole attack was the third largest crypto hack in 2022...Continue Reading

If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion. Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb....Continue Reading

Unciphered posted a video showing a “Massive critical vulnerability” in the OneKey Mini. The creators noted it’s been patched and is now working on further securing the wallet. Crypto hardware wallet provider OneKey says it has already addressed a vulnerability in its firmware that allowed one of its hardware wallets to be hacked in one...Continue Reading

The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators. Cryptocurrency lending firm Nexo Capital is set to terminate its yield-bearing Earn Interest Product for its customers in the United States roughly a month after it agreed to pay $45 million in penalties to U.S....Continue Reading

According to people familiar with the matter, the notice relates to Binance USD, which is being seen by the SEC as an unregistered security. The United States Securities and Exchange Commission (SEC) has reportedly told stablecoin issuer Paxos Trust Co. that it’s planning to sue the firm for violations of investor protection laws relating to...Continue Reading

Smaller-scale esports organizations have started using blockchain tech for distributing prize pools, but the tech is yet to be adopted by the big tournament organizers. Small esports tournament organizers have started dabbling in blockchain tech to host tournaments and distribute prize pools. However, don’t expect to see it in the big leagues just yet, says...Continue Reading

Coinbase executives claim that staking is not a security under the US Securities Act or Howey test. Crypto exchange Coinbase’s executives are standing up for its crypto staking services, claiming it cannot be classified as a security, and threatening to bring the matter to the courts in the United States. Brian Armstrong, Coinbase CEO, posted...Continue Reading

BTC price could remain range-bound in the near term, but MATIC, HBAR, LDO and BIT could continue higher. Bitcoin (BTC) price is trying to recover over the weekend but the current bounce lacks conviction. This suggests that dip buyers are nervous to load up before the release of January’s consumer price index data on Feb....Continue Reading

Over 72% of Silvergate Capital Corp stocks were shorted as of Jan. 31, shows FINRA’s latest data. Crypto bank Silvergate Capital Corp. stands in the second position as most-shorted stock in the United States, with over 72.5% of its shares shorted, according to the latest Short Interest Reporting from Feb. 9.  The Financial Industry Regulatory...Continue Reading