Crypto Shake

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2024-06-26 18:51:29 Bitstamp Removes Euro Tether Due to New MiCA Regulations

Bitstamp will delist Tether's euro-pegged stablecoin, Euro Tether (EURT), by the end of June to comply with Europe's Markets in Crypto-Assets Regulation (MiCA), effective June 30. Open / Comment

2024-06-25 22:15:16 SEC Charges Meta Materials and Ex-CEOs with Fraud and Market Manipulation

The SEC has charged Meta Materials Inc. and its former CEOs, John Brda and George Palikaras, with market manipulation, raising $137.5 million by artificially inflating stock prices through a "short squeeze" scheme. Meta Materials settled with a $1 million penalty, while litigation against Brda and Palikaras continues, seeking permanent injunctions, penalties, and disgorgement. Open / Comment

2024-06-24 19:33:15 Bithumb to Launch CORE Korean Won Trading Pairs Today

Bithumb, South Korea's second-largest exchange, is launching CORE Korean won trading pairs today. Coinbase also listed CORE on June 22. Bitcoin holders can earn staking rewards by participating in Core's consensus mechanism. Open / Comment

2024-06-23 21:55:03 MakerDAO Delegate Loses $11M in Tokens to Phishing Scam

A MakerDAO governance delegate lost $11 million in Aave Ethereum (aEthMK) and Pendle USDe tokens due to a phishing scam. Scam Sniffer detected the incident on June 23, revealing the user had signed multiple phishing signatures, leading to the loss of their assets. Open / Comment

2024-06-22 20:50:54 Rapper 50 Cent Claims X Account Hacked, Resulting in $300M Rug Pull

Rapper 50 Cent's X (formerly Twitter) account and website were hacked, leading to a cryptocurrency pump-and-dump scam that defrauded victims of $300 million. Hackers promoted the token "GUNIT" using his large following to inflate its price before crashing it. Jackson confirmed the hack and denied any association with the crypto scheme. Open / Comment

2024-06-21 22:18:57 California Judge Raises Concerns Over Dismissal of SEC's Case Against Crypto Exchange Kraken

In a recent court session, Judge William H. Orrick signaled a leaning towards denying a motion to dismiss in a lawsuit involving Kraken and the SEC. The proceedings included references to the SEC's ongoing cases in the crypto space, drawing parallels to similar litigation involving Coinbase. Open / Comment

2024-06-19 22:42:55 LayerZero Launches Eligibility Checker for Upcoming Token Airdrop

LayerZero Foundation introduced an eligibility checker for its upcoming airdrop, allowing users to verify their eligibility and view their activity summaries. CEO Bryan Pellegrino announced that 1.28 million wallets are eligible. The airdrop, distributing 23.8% of its 1 billion token supply to the community and builders, begins on June 20, 2024, with 8.5% allocated on the first day. Open / Comment

2024-06-18 23:09:42 Sen. Warren Warns Powell: 'Do Your Job' and Avoid Weakening Banking Regulations

Sen. Elizabeth Warren accused Fed Chair Jerome Powell of favoring the financial industry by potentially reducing capital requirements for large banks under Basel III Endgame regulations. In a June 17 letter, Warren criticized Powell for allegedly intervening to dilute these rules after meetings with big bank CEOs. Open / Comment

2024-06-17 19:50:09 Binance to List ZKsync (ZK) Alongside ZK Token Distribution Program

Binance will list ZKsync (ZK) and open trading for ZK/BTC, ZK/USDT, ZK/FDUSD, and ZK/TRY pairs on June 17, 2024, at 08:00 UTC. Deposits are now open, and withdrawals will be available starting June 18, 2024, at 08:00 UTC. Open / Comment