Mango Markets Considers $500K CFTC Settlement
Mango Markets looks into the possibility of offering the CFTC a $500,000 civil penalty to address the regulator’s allegations against the platform. Mango Markets, a decentralized exchange headquartered in Solana, may be required to pay an additional $500,000 in penalties to resolve allegations made by the Commodity Futures Trading Commission. Mango Markets Considers $500K CFTC […]
OpenAI X Account Hacked In Crypto Scam Attack
Sam Altman‘s OpenAI X account was hacked in a crypto scheme that promoted the fake “$OPENAI” token through a phishing website that targeted users. On Monday, an attempt was made to commit cryptocurrency fraud by compromising Sam Altman’s OpenAI X account. The hacker impersonated and sent a message promoting a new phony token named $OPENAI. […]
Binance Modifies Terra Luna Classic Token Burn Mechanism
Binance Exchange has increased LUNC burns this month to support the Terra Luna Classic community, resulting in a price rise. Binance, a cryptocurrency exchange, has implemented the LUNC fire mechanism numerous times this month, which has sparked speculation within the Terra Luna Classic community. The exchange has been the most significant contributor, burning 64.47 billion […]
Texas Court Dismisses Consensys Lawsuit Against SEC
The U.S. District Court has dismissed the Consensys lawsuit against the SEC regarding Ethereum and MetaMask on procedural grounds. The United States District Court dismissed Consensys Software Inc. ‘s lawsuit against the Securities and Exchange Commission for the Northern District of Texas. This occurred following a protracted legal dispute regarding the status of Ethereum and […]
Coinbase CLO Questions SEC Crypto Asset Security Claims
Coinbase CLO is challenging SEC’s crypto asset security term before a critical House Financial Services Committee hearing. The SEC’s terminology of “crypto asset security,” which is being used more frequently by the regulatory agency, has been challenged by Coinbase and Ripple CLO. His criticism is delivered at a time when the SEC is facing criticism […]