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🌟 USDC Stablecoin Overtakes USDT in Transaction Volume, Signaling Market Shift 📈 Circle's USDC stablecoin has made waves in the crypto world, surpassing Tether's USDT in transaction volume. Visa's data, in collaboration with Allium Labs, reveals that USDC recorded an impressive $456 billion in transactions last week, while USDT trailed behind at $89 billion. 📊 This surge in USDC's popularity is further highlighted by its 50% share of total transactions since January. While Tether still reigns supreme with a market cap exceeding $100 billion and a 68% market share, the rise of USDC is impossible to ignore. 🚀 Noelle Acheson, a crypto analyst, suggests that the key to USDC's success lies in its domestic appeal. Unlike USDT, which serves as a global store of value, USDC is primarily used within the United States for everyday transactions. 💪 The growth of USDC is not an isolated event but part of a broader trend. Major players like Stripe and PayPal are embracing stablecoins, with Stripe even planning to launch its own integration for USDC payments later this year. 💼 Binance's recent move to convert its SAFU fund into USDC further solidifies the stablecoin's reliability amidst market volatility. And as the regulatory landscape takes shape with discussions around stablecoin legislation in Congress, the stage is set for continued adoption and growth.

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🚨 FBI Warns: Unregistered Crypto Transmitters Risky! 💻 The FBI has sounded the alarm, cautioning Americans about unregistered crypto money transmitters. These services must be registered as Money Services Businesses (MSBs) to comply with federal law. ⚠️ Stay Safe: The FBI's Internet Crime Complaint Center (IC3) urges you to be wary of non-compliant crypto services. Don't fall for those that skip anti-money laundering checks or don't collect your KYC info. 🔍 Before diving in, do your due diligence! Verify a service's MSB registration on FinCEN's website. Big names like Coinbase and Kraken have passed the test, but others may not. 💰 Beware the consequences: Using unlicensed crypto services can lead to financial woes if law enforcement swoops in. Your funds could be caught up in legal tangles and become inaccessible. 🔒 The crackdown continues: The US government is intensifying its efforts against crypto mixers, targeting platforms linked to illicit activities. Blenderio faced sanctions, while Tornado Cash's co-founders were arrested.

😎A good investor knows how to find projects even before the listing stage and assess it. I found #BBT and I think this is a chance to be one of the first to get acquainted with the new trend at crypto 🤰BabyBoomToken (#BBT) - redefining parenthood with blockchain rewards! 🐣 It's not just a token - it's a movement, a community and a beacon of support for parents around the world ‘Sex coin’ ($BBT) as called in the community is distributed between users who engage in pregnancy and childhood activities. Why BabyBoomToken: ✔️Upcoming CEX listings that the team is talking about in the open ✔️ Successful audit by CertiK - a guarantee of reliability and seriousness ✔️#BBT tokens are not useless trash like meme tokens, because it can be exchanged for KFC and Grab vouchers ✔️The project is the first in its field, so it will attract maximum investors and capital ✔️Since there are no pre-sales tokens in circulation, the value of the token is preserved, ensuring stability and potential for growth 🤝Now is a great time to explore #BBT further, as well as subscribe to social media and be ready to buy once listed: 📱Read Twitter | 💻 Join Telegram

⚡️ PORTAL seems to be cooking up some new things with their new launchpad The debut token on the Portal Launchpad is $SOMO (https://twitter.com/playsomo) and those who stake $PORTAL will be able to receive a guaranteed allocation for the $SOMO sale which is happening on Thursday, 25th April at 11 am EST and I’m expecting this to skyrocket 🤑 Within the niche of Web3 gaming, we’ve seen many successful launches recently such as My Pet Hooligan’s $KARAT – $SOMO could be next. SOMO will quite literally be the Pokemon Go of Web3 and is also a playable 3D game $SOMO seems to be the next big cook following after $PORTAL’s success, hitting a 3bn FDV and it was the biggest Binance Launchpool launch in history. I would really recommend picking up some $PORTAL and staking via their launchpad for the $SOMO sale➡️ https://launchpad.portalgaming.com ⏺Wallets will be able to purchase up to 1 ETH of $SOMO and to balance the demand against the available allocation – there will be a weighted raffle to give everyone a fair chance. Your chances in the raffle are dictated by your ticket size and how early within the 24 hours you purchase. The earlier you purchase and the bigger your ticket, the more $SOMO you’re likely to receive. The current presale price terms seem very fair considering other rounds available like Pixelmon’s $MON and Revolving Games’ $RCADE. ✖️ Portal Twitter: https://twitter.com/Portalcoin ✖️ SOMO Twitter: https://twitter.com/playsomo

🚨 ZachXBT Unveils: $26.7M Losses in 12 Abandoned Solana Meme Coin Projects 📉 Presales Gone Wrong: Declines & No Tokens In a shocking revelation, crypto sleuth ZachXBT has blown the lid off Solana's meme coin underbelly. A staggering 180,650 SOL (approx. $26.7M) was raised by these 12 abandoned projects, but their fortunes took a nosedive post-launch. 📉 From Hype to Hypothermia: Value Meltdown March 19 saw the first warning signs as ZachXBT analyzed 27 presales, tallying a whopping 655,000 SOL ($122.5M). Fast forward to April 21, and the verdict is in: controversial presales led to a meme massacre, with some projects failing to even release a token. 💸 LIKE It or Not: The Costliest Collapse "I like this coin" seemed promising, with pokeee.eth gathering 52,220 SOL ($7.7M) and an initial market cap of $577M on March 17. But the LIKE button turned red as its value plummeted by over 90% within hours. Today, it's down a staggering 99.2%, with silence from pokeee.eth since March 31. 🌙 MOONKE Wanes, FROG Leaps Away, JARED_eth Stumbles The MOONKE project by RockyXBT raised 37,470 SOL and soared close to $500M before crashing hard. Meanwhile, X user Pepecasso1's FROG hopped off after securing 29,761 SOL. And poor Jared_eth couldn't even get his token off the ground despite raising 4,567 SOL. The Solana meme coin scene is a treacherous swamp, and investors must tread carefully to avoid being left high and dry. ZachXBT's exposé serves as a stark reminder that not all that glitters in the crypto world is SOLid gold.

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💎 $AXGT Ascends to L2 - Arbitrum 💎 Harness the power of decentralized science with AxonDAO in healthcare research. Our proven track record speaks volumes [after the first 2 months]: 📈 19,000+ HOLDERS 📈 8x LIQUIDITY POOL SIZE 💸 Additional $1.4M investment in liquidity, research, and operations. AxonDAO leads the DeSci arena: 🥇 No. 1 Globally 💼 Holder amount surpasses top 3 projects combined 🏥 Active projects with healthcare partners 🤝 Growing network of influential advisors 📊 CoinMarketCap: https://coinmarketcap.com/currencies/axondao-governance-token/ 💵 MARKET CAP: $50M 💼 FDV: $320M Join us as we bridge to L2 Arbitrum on WED, 24th, at 8AM EST. Seize the opportunity to shape the future of decentralized research. Stay tuned for more bridges and upcoming CEX listings. 🌐 Website | 🕊 Twitter (X) | 📣 Announcements | ✈️ Telegram Buy now and be part of the future! 🔬💎

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‼️ China's e-CNY Research Institute Takes Off, Assembling All-Star Panel ✅ China's central bank digital currency (CBDC) is about to get a major boost with the launch of the e-CNY Research Institute. The inauguration took place at the prestigious "2024 Second e-CNY Industry Sustainable Development Seminar" in Suzhou, where industry experts gathered to celebrate this groundbreaking initiative. 🌐 Acting as a think tank for the digital yuan, the institute is all about rational pragmatism and conservative innovation. By adopting a collaborative approach, it aims to tap into market dynamics and ensure the sustainable growth of China's digital currency landscape. 🎉 The unveiling ceremony was led by none other than Mu Chu, editor-in-chief of MPayPass, and Wu Wenjun, who proudly accepted his role as Secretary-General of the e-CNY Research Institute. Together, they presented certificates to an impressive lineup of experts from banking giants like ICBC to tech titans like Tencent and Huawei. 🤝 With representatives from various sectors, including academia and media, this diverse group will focus on everything from research and project development to standard setting and talent cultivation. Their mission? To foster collaboration and drive the digital yuan's evolution. 🟢 The institute wasted no time in getting down to business. On April 19, they'll hold a kickoff meeting to chart their strategic course and lay out their methodology. By sharing success stories, recognizing excellence, evaluating projects, and hosting engaging events, they're determined to make a lasting impact on China's digital currency landscape.

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🚫 Cyprus SEC Deals Another Blow: FTX Europe's License Suspension Extended Until September 2024 🔒 FTX Europe Faces Uphill Battle Amidst Legal Woes The Cyprus Securities and Exchange Commission (CySEC) has made it clear: FTX Europe is grounded until September 2024. No investment services, no new business, no advertising, and definitely no new clients. ➡️ CySEC Directive: Fulfill Obligations First FTX Europe must now shift its focus to fulfilling existing obligations. This means tying up loose ends, finalizing transactions, and returning funds to clients as directed by CySEC. 💼 From Controversy to Courtrooms: FTX Europe's Rocky Road Ever since the acquisition by FTX Group, led by Sam Bankman-Fried, FTX Europe has been in hot water. Allegations of financial impropriety and a leadership entangled in legal battles have left the firm reeling. 🔕 Legal Battles Galore: FTX's Troublesome Bankruptcy FTX's bankruptcy proceedings have been far from smooth sailing. Accusations of misappropriation of funds and questionable business practices have added fuel to the legal fire. While billions have been recovered, liabilities still loom large. 🔄 A Rocky Journey: The Volatility of Cryptocurrency The story of FTX Europe serves as a stark reminder of the unpredictable nature of the crypto industry. From its inception to its current state, it's been a rollercoaster ride with corporate restructuring at every turn. 🌐 FTX Europe's Future Hangs in the Balance With an extended suspension and ongoing legal battles, the road ahead for FTX Europe remains uncertain. The recent settlement between FTX and its former subsidiary shows a commitment to resolution, but the challenges persist.

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🚨 UK Competition Watchdog Sounds Alarm on Big Tech’s AI Grip 🔍 The UK’s Competition and Markets Authority (CMA), led by Sarah Cardell, is raising concerns about the dominance of a few tech giants in the realm of AI Foundation Models (FMs). Cardell presented her worries during an Antitrust Law Spring Meeting in Washington. ⚠️ Exploitation Fears: Cardell, at the helm of this regulatory body, is worried that the hefty investments made by Big Tech in AI could lead to a lack of competition. 🌐 Web of Power: With Google, Apple, Microsoft, Meta, Amazon, and Nvidia (the AI chip leader) involved in an intricate network of over 90 partnerships and investments, the CMA sees a concentration of influence. 💰 Billions Poured In: Giants like Microsoft, Amazon, and Google are pouring billions into AI development, amassing talent and catering to massive user bases. But this also cements their position as industry gatekeepers. 🔎 Smaller Players Squeezed: While acknowledging the potential benefits of AI and these companies' expertise, Cardell fears that smaller players might get left behind if this trend continues. 🌍 Global Regulatory Chorus: The CMA's stance aligns with a growing sentiment among regulators in the US and Europe. Legal actions against anti-competitive practices indicate that scrutiny of these tech titans is ramping up.

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🌟 Dubai's VARA Paves the Way for Smaller Crypto Players, Acknowledges Regulatory Hurdles ✅ VARA CEO Matthew White Champions Fair Play for Small Crypto Entities In a resounding call for regulatory fairness, Matthew White, the head honcho at Dubai's Virtual Asset Regulatory Authority (VARA), is making waves in the crypto world. Speaking at the Paris Blockchain Week, he candidly acknowledged the imperfections in existing regulations and vowed to level the playing field. 💡 Innovation Meets Compliance: VARA's Bold Approach White didn't mince words when it came to the hefty price tag of compliance, especially for smaller crypto ventures. He proposed an intriguing solution: collaboration. By having larger market players shoulder some of the compliance costs, smaller entities can thrive without breaking the bank. 🤝 VARA's Open Door Policy: Inclusion is Key Dubai's crypto ecosystem is booming, with nearly 2,000 web3 and crypto companies calling it home. White stressed that VARA's goal is not to stifle this growth with heavy-handed regulation but rather to strike a delicate balance between innovation and oversight. In his own words, "It’s not an exclusive [regulation]… anybody can be part of it." 👌 Looking Ahead: VARA's Vision for Dubai's Crypto Landscape Since its inception in March 2022, VARA has been on a mission to nurture Dubai's Web3 scene. With comprehensive guidelines unveiled earlier this year and White at the helm since November, VARA is gearing up for full-scale operations. The focus? Creating a regulatory framework that fosters investment and allows businesses to flourish.

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🚨 Breaking: 📊 #Bitcoin Breaks Key Support As US CPI Comes in Hot At 3.5% 🔥 👉 Read more

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🌐 HashKey Group Secures Bermuda License, Launches Global Platform 🚀 HashKey Group is taking a giant leap forward with the launch of its new global trading platform. This exciting development aims to cater to international users who have been left unserved by HashKey Hong Kong. ➡️ With the digital asset business license freshly obtained from Bermuda, the platform is all set to provide compliant trading services starting today, as confirmed by HashKey COO Livio Weng. ➡️ The goal? To reach out to a wider audience! HashKey Global offers access to over 20 cryptocurrencies, including popular stablecoins like Tether (USDT) and USD Coin (USDC). And that's not all – futures trading is on the horizon for this platform in the first quarter post-launch. ‼️ While Hong Kong's regulatory framework limits trading options, HashKey is determined to break barriers. Weng estimates that there are four times as many potential users interested in trading who currently lack access to the regional platform. 🌍 By targeting international users (excluding China Mainland, Hong Kong, and the US), HashKey aims to tap into new markets and expand its reach. This move could also help shape regulatory developments back home. 💡 The global platform serves as a sandbox for innovation, allowing HashKey to test new products and features. As Weng puts it, if these offerings prove successful on a global scale, it could prompt regulators to reconsider their stance on futures trading.

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⚡️ Stablecoin in 2024? I think it’s Dimentdollar Diment Dollar flips the script on Stablecoins by prioritizing value creation upfront. It's versatile too, suitable for daily transactions, global remittances, and as a reliable store of value. Why I'm backing Diment Dollar stablecoin: ✅ Proven pre-audit ✅ Secure pre-backing ✅ Robust security protocols ✅ Versatile utility, including staking options ✅ Supported by a top-tier service ecosystem Btw, you can win $1000 in BTC through their Gleam campaign, ending April 12th: https://gleam.io/5e6uS/diment-meme-madness

🔒 Sophisticated South Korean Crypto Voice Phishing: A New Wave of Deception? ➡️ South Korean crypto voice phishing attackers are upping their game, targeting unsuspecting victims with bogus crypto exchanges that look alarmingly authentic. 💳 Credit card users and those who've fallen prey to previous crypto scams are now in the crosshairs of these cunning criminals, who are even posing as financial regulators to gain trust. 📱 Take the case of A, a citizen in their thirties. It all started innocently with a text message from their bank about an unfamiliar payment. Concerned, A called the number provided. ☎️ Little did A know that the person on the other end was a clever imposter, claiming to be from a shopping center's customer service. They urged A to contact the esteemed Financial Supervisory Service (FSS) for assistance. 👌 Soon enough, A received a call from someone posing as an "FSS employee," advising them to install an app to track down the culprits behind this alleged credit card theft. 📲 But alas, this app turned out to be nothing more than a sneaky diversion tactic. When A dialed their local prosecution service, another fraudster answered, demanding that A buy crypto coins as "proof" of being scammed.

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Celebrate Bitcoin halving with Web3 industry leaders 🎉 And win an Apple Vision Pro! The crypto market is heating up, $BTC has reached its new all-time high… What does that mean for all of us? It’s time to make the most of the market trends and Bitcoin’s rally that still has a ways to go! 🚀 @Changelly, a global crypto exchange platform with 6 million users, and its partners invite you to the Bitcoin Halving Party on Cointelegraph! Enjoy the exclusive offers from Web3 giants and win valuable gifts: 🔸 Apple Vision Pro 🔸 50 Amazon gift cards for 50 $USDT each 🔸 50 3-month ZenGo Pro subscriptions 🔸 40 hardware wallets by Tangem More special offers: reduced fees for fiat-to-crypto swaps from Topper, promo code for Tangem wallets, free trials of ZenGo Pro Want in? Learn the details below ⬇️ 📌 Follow this link to get this party started!

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🔒 Solareum Shuts Down Amidst $500K Theft: Users' Safety at Stake 💔 In a shocking turn of events, Solareum, the popular Telegram trading bot for Solana-based tokens, has announced its closure following a massive exploit that saw 2,000 SOL tokens vanish from users' wallets. 🚫 The decision was not taken lightly. In a heartfelt message on their support channel, the Solareum team cited a combination of factors including dwindling funds, changing market dynamics, and the recent security breach as reasons for their unfortunate demise. ⚠️ With funds running dry, the platform's ability to safeguard users' assets became compromised. Efforts to secure additional funding post-exploit proved futile, leaving the team with no choice but to pull the plug. 💸 The damage caused by the breach is staggering – over $523K worth of SOL tokens were snatched away from 302 Solana enthusiasts on March 29. It's believed that a leak of private keys paved the way for this audacious heist. 🤔 Initially, suspicion fell on BONKbot, another Telegram trading bot in the Solana ecosystem. However, their security squad swiftly cleared their name, pointing fingers instead at Solareum. The motive behind this incident remains murky – was it an external attack or an internal betrayal?

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🔒 Ruling In SBF Case Is A Warning To Others, U.S. Attorney Says 💥 A Message To Future Fraudsters, U.S. Attorney Says In a resounding blow to financial fraud, FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and ordered to forfeit a staggering $11 billion. U.S. Attorney Damian Williams hails this ruling as a powerful deterrent for potential wrongdoers. 📌 Sam Bankman-Fried Apologizes With remorse in his voice, Bankman-Fried dons a beige jumpsuit and addresses the court, expressing regret for the collapse of his crypto empire. He acknowledges the disappointment felt by colleagues, family, friends, and customers alike. ‼️ SBF Motivated By Power And Influence, U.S. Attorney Says Contrary to the defense's portrayal of Bankman-Fried as a socially awkward "beautiful puzzle," Judge Kaplan dismisses this notion as misleading. The U.S. Attorney argues that the defendant's actions were driven by a hunger for power and influence, with utter disregard for the rule of law. ➡️ Swift Justice and Severe Consequences Williams emphasizes that today's sentence not only puts an end to Bankman-Fried's fraudulent activities but also serves as a stern warning to others contemplating similar financial crimes. Justice will be swift, and the consequences will be severe. 🔐 Medium-Security Time Behind Bars Bankman-Fried's new home will be a medium-security prison, starting with his current residence at the Metropolitan Detention Center in Brooklyn, NY. As he begins his sentence, the impact of his crimes on victims' lives looms large.

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🚨 New Zealand Regulator Sounds Alarm on Crypto Clone: Beware of Impersonators! 🔍 The Financial Markets Authority (FMA) in New Zealand has uncovered a fake crypto exchange posing as BTCSWE, reaching out to customers with a tantalizing promise: recovering their lost funds. 📝 The FMA's warning list now includes not only BTCSWE but also Grandeur Capital Pro, a dubious trading platform that seems to have no real presence in the country. 🔒 BTCSWE, the genuine exchange, has confirmed the impersonation and labeled it part of a wider recovery scam, urging caution. 💻 The clone exchange went as far as asking victims to install remote access software called "anydesk," leading to compromised passwords and significant financial losses. ⚠️ If you've fallen for this ruse and installed anydesk, the FMA advises seeking help from an IT professional immediately. 📈 With New Zealand's crypto market expected to grow to $102.2 million by 2024, scams are on the rise, prompting increased surveillance from regulators like the Reserve Bank and FMA. 💡 Remember, the FMA has been diligent in its warnings against crypto fraudsters before, flagging Krypto Security and Bay Exchange as unregulated players in the past. 🟢 Even the central bank governor has expressed skepticism, calling digital currencies "misnomers" and "oxymorons," emphasizing concerns about stability, especially with stablecoins.

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🔍 Class Action Suit Advances Against Silvergate Bank Over FTX Fraud Allegations 💼 Silvergate's Alleged Role in FTX Fraud FTX users are taking legal action against Silvergate, accusing the bank of aiding FTX and Alameda Research in a historic fraud. 💰 Questionable Transfers and Money Laundering The lawsuit claims that FTX knowingly moved customer funds to Alameda Research, while FTX itself faces trial for fraud and money laundering. 🟢 Judge Denies Dismissal, Citing Foreseeable Harm Judge Montenegro's ruling on March 20 rejected Silvergate's attempt to dismiss the case, stating that the bank should have foreseen the potential for fraudulent activity. 💸 Silvergate's Surge in Revenue Raises Eyebrows The court order reveals a significant increase in Silvergate's income after partnering with FTX, from $7.6 million to a staggering $75.5 million, prompting further scrutiny. 🔒 Duty of Care and Withdrawal Freezes Silvergate's argument that it bears no responsibility for FTX customers' withdrawal issues is dismissed as "highly speculative" by the judge. 🌐 Crypto Winter Fallout: 3AC's Denial In the midst of the industry-wide downturn, Kyle Davies of Three Arrows Capital defends himself against criticism, claiming that company bankruptcies are commonplace. 💔 Terra's Collapse and UST's Downfall The unraveling of Terra and its stablecoin UST, tied to LUNA tokens held by 3AC, adds to the ripple effect impacting FTX during this challenging period.

🔒 Russian Crypto Mining Hotspot Cracks Down on Illegal Miners 💡 Irkutsk Takes a Stand Against Power Pilferers The Irkutsk Prosecution Service is taking legal action against a 35-year-old crypto miner for allegedly stealing electricity in Cheremkhovo. 📣 Avoiding a Power Struggle Following the closure of 17 illegal mining farms in Krasnoyarsk, Omsk, and Khakassia, Irkutsk hopes to prevent a power overload by clamping down on unauthorized miners. 🚫 No Room for Grey Areas Similar crackdowns have been witnessed in Abkhazia, as authorities aim to distinguish between legitimate and "grey" miners. ⚡️ Higher Energy Prices as a Solution? Irkutsk Oblast is banking on the Russian energy ministry's plan to increase energy costs for miners, hoping it will deter newcomers and alleviate strain on their power grids. 💥 Seizing Equipment, Seeking Justice Prosecution officials have shared images of the confiscated mining gear, with the accused facing charges of causing property damage through deception or abuse of trust. 🏗 From Land Lease to Mining Farm The miner allegedly rented land and set up shop with over 200 pieces of computer equipment, utilizing an integrated transformer substation for his operations.

🌐 China's Central Bank Unveils Digital Yuan Guide for Global Travelers ♾ China's central bank, the People's Bank of China, is making it easier for foreign visitors to experience the wonders of the country with its latest offering: a comprehensive digital yuan service guide. 📲 Titled "Explore the Splendors of China with e-CNY Service Guide for Visitors in China," this informative publication highlights how international tourists can now embrace the convenience of contactless payments using the official mobile app. 📥 To get started, all one needs to do is download the "e-CNY" app from either the App Store or Google Play. This user-friendly platform allows for hassle-free registration through authorized local banks. 🌍 Even if you don't have an account with a Chinese bank, fret not! The digital yuan wallet welcomes users from over 210 countries and regions, and you can even opt for an anonymous wallet without any need for physical visits or personal information. 💳 By simply linking your Visa or Mastercard to the wallet, you can effortlessly make deposits and enjoy a transaction cap of 2,000 yuan (~$282) per payment, with a daily limit of 5,000 yuan (~$705) for anonymous users. 💼 Need to top up your digital funds? No problem! Just use your linked account to add money to your wallet. And if you have any unused balance, it's as easy as pie to transfer it back to your original account. ✅ For those in Hong Kong SAR, there's an added bonus: the "Faster Payment System" lets you top up fee-free using local banking accounts such as HSBC and Standard Chartered Bank. 📱 When it comes to spending, the options are aplenty. Whether you prefer scanning QR codes or tapping like Apple Pay, the digital yuan wallet is your gateway to seamless transactions with online retailers and local vendors.

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🚨 US Department of Justice Strikes Back: $2.3 Million ‘Pig Butchering’ Scam Exposed! 💔 The romance turned into a nightmare for a Massachusetts resident who fell prey to a cunning "pig butchering" scam, losing over $400,000 to a crypto wallet. 🔍 The investigation uncovered a pattern of deceit, with 37 victims across the US ensnared in this web of lies. But justice is swift, as the DOJ seized crypto from two Binance accounts worth an estimated $2.3 million! ✅ These scams aren't just about broken hearts; they're about breaking the bank too. Scammers build trust online before slicing away at victims' savings, leaving behind financial and emotional wreckage. 💰 The seized cryptocurrency, including USDC, USDT, TRX, SOL, BNB, ADA, and ETH, is now on the chopping block for forfeiture. But first, third parties can stake their claim before the funds are returned to the victims. ⚠️ It's not just one bad apple; the FBI reports a whopping 53% surge in crypto-related investment losses in 2023 alone. With losses totaling $3.94 billion, it's clear that vigilance is key in this digital investment landscape.

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🚀 Tether Expands Reach: USDT Now Available on Celo Chain 💰 Tether, the powerhouse behind the world's largest stablecoin USDT, has made a groundbreaking move by launching its stablecoin on the Celo chain. ➡️ This development is not just a feather in Tether's cap but also a significant milestone for Celo, as it gains access to the colossal USDT market. 💵 With a whopping $100 billion market cap, USDT continues to dominate the stablecoin space, assuring users that each token is backed by real-world assets like cash and treasury bills. ⚡️ The integration of USDT on Celo means faster transfers and lower transaction fees, making it an attractive option for those without traditional banking services. 📱 Designed with mobile users in mind, Celo aims to foster financial inclusion globally, especially in emerging markets where mobile phone usage is high. 🌍 The Celo ecosystem boasts an impressive network of 1,000 projects across 150 countries, with Opera MiniPay and SocialConnect gaining traction in Africa. 🤝 Tether's collaboration with Celo goes beyond offering USDT; there are discussions about using the stablecoin to pay transaction fees, potentially streamlining operations for decentralized applications. 📣 This move aligns with Tether's vision of making digital currencies more accessible and reliable. As CEO Paolo Ardoino puts it, "Together, we can make Tether more usable and accessible for millions." ➡️ Notably, Celo's recent integration with Rarible brings advanced tools to NFT developers, further enriching the blockchain ecosystem.

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🚀 Nigeria's Central Bank and Gluwa Join Forces to Empower eNaira Amid Global Regulatory Shifts 🤝 Nigeria's Central Bank has found a valuable ally in Gluwa Nigeria, a blockchain-based financial platform, as they collaborate to propel the adoption of eNaira, the country's very own central bank digital currency (CBDC). 📈 This partnership, announced on March 7th, underscores the Central Bank's unwavering dedication to tackling challenges in financial inclusion and CBDC integration. 💡 Gluwa's game plan? By integrating with eNaira, they aim to furnish unbanked individuals with credit profiles, effectively digitizing ratings and credit scores. This innovation will open doors for more Nigerians to access credit in a streamlined, CBDC-compliant manner. But that's not all – Gluwa's solution also encompasses credit management, settlement, and assessment for local fintech lenders. 🌍 Africa has long grappled with credit system roadblocks, but Gluwa is determined to change the narrative. Their blockchain-powered approach leverages tokenization and peer-to-peer transactions to bridge the data gap in traditional credit scoring. ➡️ While Nigeria embraces eNaira, its relationship with cryptocurrency remains complex. The government's initial restrictions on commercial banks engaging with the crypto sector have been lifted, but regulatory inconsistencies persist. 🔒 Recent actions by the Nigerian Communications Commission (NCC) have further muddied the waters, blocking access to select cryptocurrency platforms like Binance due to concerns over market manipulations. Nevertheless, Nigeria continues to lead in peer-to-peer crypto trades. 💪 Tae Oh, the visionary behind Gluwa and CEO of Creditcoin Network, is steadfast in his commitment to driving eNaira adoption and spearheading blockchain-driven financial innovation across Nigeria and beyond.

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🌐 UK Regulatory Framework Will Embrace Coexistence of Stablecoins and CBDCs, Aligned with EU Standards 📈 Crypto Regulation Catch-Up The United Kingdom is taking a leap forward in crypto regulation, aligning itself with the European Union. Former Bank of England official Varun Paul highlights this effort to keep pace in a report by Coin Telegraph. 💼 Regulating Stablecoins Stablecoins and CBDCs have long been a topic of debate. The UK treasury plans to regulate the crypto industry, requiring Virtual Asset Providers to obtain authorization from the FCA. Despite concerns, Paul sees this integration as beneficial for the UK's regulatory structure. 🤝 Collaboration is Key Joint regulatory frameworks that foster collaboration between the FCA, Treasury, and BoE have always been crucial for seamless financial innovation in the UK. Each body will have its own focus, with the FCA overseeing stablecoins and the BoE targeting specific operators. 📌 The Rise of Stablecoins Stablecoins like Tether and USD coin play a significant role in the crypto industry. With Tether boasting a market capitalization of over $100 billion, these digital assets are here to stay. ➡️ CBDCs: A Trustworthy Alternative Paul proposes a system where central banks issue CBDCs backed by banknotes, increasing trust in digital assets. This move allows Europe and the UK to shape their own currencies denominated in euros and sterling. 🔒 Safe Assets vs. Stablecoins Concerns over stablecoin transparency have prompted UK lawmakers to explore tokenized assets backed by central reserves instead of mirroring the US dollar. The goal? To ensure stability while embracing innovation. 🤝 Coexistence is Key In conclusion, Paul advocates for stablecoins and CBDCs to coexist harmoniously. Programmable contracts could enable central banks to issue CBDCs, facilitating e-payments and serving as blockchain utilities.

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🔥 Ordinals Trader's Costly Mistake Turns into Bitcoin Redemption 💸 In a jaw-dropping blunder, cryptocurrency trader PrincePablos, known as Prince of the Fat Fingers, accidentally splurged $10K on a Bitcoin Ordinals NFT listed at a mere fraction of the price. 🔥 PrincePablos, however, turned his misfortune into a lesson for others, urging fellow traders to double-check their digital dealings before hitting that fateful "confirm" button. 🤝 A knight in shining code appeared in the form of Dan Anderson, who claimed to be the seller and offered to right the wrong. The deal was struck, and PrincePablos saw his 0.21 BTC returned safely to his digital wallet. 🌐 This digital drama unfolded on the NFT stage of Magic Eden, where creators showcase their unique collectibles and art pieces. 🎨 What makes these Bitcoin Ordinals NFTs so special? They're not just any run-of-the-mill tokens; they're intricately etched onto satoshis, the tiniest units of Bitcoin. Each one represents a specific number in the blockchain's chronicles, like a pixelated piece of crypto history. ➡️ From commemorating the legendary Genesis Block to celebrating Bitcoin's meteoric rise, these NFTs have become hot commodities among collectors looking for a slice of blockchain heritage.

🔒 Seneca Hacker Returns $5.3M Amid Legal Threats, Keeps $1M Bounty 💰 $6.4M Stolen, 80% Returned In a surprising turn of events, the Seneca protocol was targeted by a hacker who managed to exploit a vulnerability. However, instead of disappearing into the digital abyss, the hacker decided to do something unexpected – they returned $5.3 million of the stolen funds on February 29. This represents a whopping 80% of the total amount taken. 🏴‍☠️ A Hacker with a Conscience But this isn't your typical cybercriminal story. The hacker, it seems, has a sense of honor or perhaps just an eye for a good deal. They agreed to keep a $1 million bounty, which amounts to roughly 20% of the loot, as recognition for their skills in identifying the vulnerability within Seneca's smart contract. 💼 Collaboration and Transparency The blockchain community is buzzing with news of this unusual collaboration between the hacker and Seneca. In total, 1,537 ETH has been returned, with the hacker transferring 300 ETH to designated crypto wallets as part of the agreed-upon reward. 🔐 A Silver Lining in Security While this incident highlights the importance of thorough security audits, it's worth noting that not all was lost. The hacker's reach was limited to users' wallets and couldn't touch the project's locked value. Thanks to diligent work by cybersecurity firm Halborn Security, only a specific segment of Seneca's code was affected.

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🔒 Hacker Strikes Again: $2.5M Shifted from Arbitrum to Ethereum ➡️ The elusive hacker, responsible for the infamous 2023 KyberSwap attack, resurfaced on February 26, making a daring move in the crypto world. 🚀 Ether Exodus: A whopping 798.8 Ether, valued at around $2.49 million, was stealthily whisked away from Arbitrum to Ethereum's blockchain, leaving experts astounded. 💰 Dai Dalliance: Not stopping there, the hacker also siphoned off a cool $826,500 worth of the stablecoin Dai, adding another twist to this digital heist. 🔍 Recalling the Raid: Cast your mind back to November 23, 2023, when KyberSwap was rocked by one of DeFi's most audacious breaches. Initially pegged at $46 million, the damage tally crept closer to $49 million. 📢 Negotiations Gone Awry: Amidst the chaos, the hacker taunted KyberSwap with an on-chain message and a tantalizing offer: a $4.6 million reward for most of the loot. But talks turned sour as demands morphed into power grabs. 🟢 A High-Stakes Standoff: The hacker's audacity grew as they demanded full control over KyberSwap and its governance mechanism. It seems negotiations won't be easy in this high-stakes game of digital cat and mouse.

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📌 The Rise of Altcoins: A Shift in the Crypto Trading Landscape? 🚀 The Altcoin Takeover: A New Era Dawns The cryptocurrency market is undergoing a seismic shift, and it's not just about Bitcoin anymore. A fascinating trend has emerged, with altcoins flexing their digital muscles and accounting for over 80% of trading activity. This isn't your typical market behavior! 💡 Bradley Park's Insight: A Reality Check? While the surge of altcoins may seem like a game-changer, we can't ignore the voice of reason. Bradley Park, an astute analyst at CryptoQuant, reminds us that amidst all this excitement, the trading habits of our friends in South Korea might not budge much. 🇰🇷 Korean Traders: Steadfast in Their Ways? Despite the crypto revolution sweeping across the globe, it seems that Korean traders are keeping their cool. The buzz surrounding altcoins might be captivating, but according to Park, it's just another day in the bustling world of Korean crypto trading. 🔍 A Closer Look: Bitcoin Volume vs. Altcoin Frenzy It's important to zoom in on the details. While altcoins are making waves, let's not forget that Bitcoin still holds its ground as the heavyweight champion. Park's observation highlights that amidst all this altcoin frenzy, Bitcoin's volume on Bithumb might be causing some noise but doesn't necessarily indicate a major shift in Korean trading patterns.

🚀 Africarare IDO Launch Announcement 🌍✨ 🗓 Launch Date & Platforms: IDO on Spores Launchpad and Kommunitas is scheduled for February 24th. 🤝 Exclusive Partnerships Highlight: MTN: Partnering with Africa's telecom giant, MTN is a testament to our reach and ambition. With millions of subscribers across the continent, MTN's involvement signifies a leap towards connecting Africa's digital and mobile landscape with the global digital economy. Nedbank: One of South Africa's premier financial institutions, Nedbank, brings its vast financial expertise and innovative banking solutions to the Africarare ecosystem. CyberKongz: A leading NFT project known for its $210 million total volume traded, CyberKongz collaboration introduces a creative and blockchain gaming dimension to Africarare. Primedia: As a leading African media group, Primedia's strategic move towards immersive digital advertising in the metaverse showcases the potential for revolutionary marketing solutions within Africarare. 💡 Opportunities in Africarare: Africa's first metaverse, Africarare, is pioneering the connection of creativity, blockchain, and community, with a robust community of over 200,000 throughout the platforms, signaling a massive interest and trust in the digital transformation of Africa. 🤖 AI in Africarare: Africarare is revolutionizing the metaverse retail experience with advanced AI technology, including AI agents acting as shop salesmen, offering personalized assistance and transforming the way users interact and shop in the virtual world. 🔗 Be Part of the Revolution: Join us on this remarkable journey to redefine Africa's place in the digital world. Register to allow list now: https://ubuntu.africarare.io/CryptoRetro

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🚀 Coinbase Rockets to New Heights with Record Transaction Revenue 💰 Coinbase, the leading cryptocurrency exchange, has just reported a staggering 64% surge in transaction revenue, raking in an impressive $529.3 million during Q4 of 2023. 📈 This meteoric rise can be attributed to the fervent excitement surrounding the long-awaited arrival of Bitcoin exchange-traded funds (ETFs), which have been eagerly anticipated by crypto enthusiasts. ✅ ETFs, often seen as a pivotal milestone in Bitcoin's journey towards mainstream acceptance, allow investors to indirectly own Bitcoin by purchasing shares in publicly traded funds managed by industry giants like BlackRock and Fidelity. ✅ Since their debut on January 11th, these ETFs have not only propelled crypto prices skyward but have also brought a renewed sense of optimism for Coinbase's future prospects. 💼 As Coinbase not only facilitates cryptocurrency trading but also offers these ETFs and acts as a trusted custodian, this new era of investment products seems poised to bring even greater prosperity to the exchange. ⚔️ Nevertheless, industry experts caution that this new wave of competition may pose challenges for Coinbase. Sandeep Rao from Leverage Shares points out that while fee waivers from rival platforms may dent Coinbase's earnings temporarily, the real threat lies in the potential loss of trading volume over the coming quarters. ➡️ Rao further emphasizes that Coinbase mustn't rest on its laurels, as other exchanges are now primed to enter the ETF arena and potentially offer similar custodial services. To maintain its position as America's premier crypto exchange, Coinbase must proactively adapt and innovate.

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🚀 BlackRock's IBIT Dominates Spot Bitcoin ETFs with 100K+ BTC! 🔒 $5.1B Worth of Bitcoin Locked In BlackRock's iShares Bitcoin Trust (IBIT) is making waves with a whopping 105,280.3 BTC in its portfolio, valued at over $5.4 billion. And that's not all – there's a fiat component of $80,698.75 too! 📈 Surging Ahead in the ETF Race With over 167.24 million shares locked in, BlackRock's IBIT is leading the pack. It has seen an astonishing 3,700% surge since January 11, leaving competitors in the dust. 💡 The Fee Factor One secret to IBIT's success? Its competitive fee structure. While Grayscale Bitcoin Trust (GBTC) charges 1.5%, BlackRock offers a wallet-friendly 0.25%. Investors are flocking to this cost-effective option. 🌐 Spot ETFs: The Investor's Choice Mainstream investors are turning to spot Bitcoin ETFs like never before. These funds tackle storage concerns and protect against fraud, making digital asset investment more accessible and secure.

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WorldShards, a new web3 game from developers of World of Tanks, Black Desert Online and other impressive titles, has announced its first sale in celebration of the Early Access phase, set to launch on February 26: https://worldshards.net/3SzXbGo The sale kicks off on February 15th at 8pm UTC. Players will have the opportunity to purchase Early Access Keys or Unique Founders Islands and explore the engaging mechanics and immersive sandbox of Murrlandia. Each island offers unique and beautiful designs, increased capacity for building, and slots for Artifacts necessary to craft collectible items—a crucial aspect of the web3 economy to be expanded upon in future updates later this year. Note: During Early Access, the game will be accessible only to those who own Early Access Keys or Unique Founder Collectibles. WorldShards is a partner of OpenLoot Marketplace so you can look forward to getting the gameplay and assets of highest quality. Tap this link and become an early adopter of the next big thing in web3 gaming!➡️ https://worldshards.net/3SzXbGo

Takes the Lead in Stablecoin Surge Amid Economic Turmoil 📈 🇦🇷 Argentina, known for its economic struggles and a volatile peso, has emerged as the Latin American champion of stablecoin adoption, according to Bitso's latest report. ➡️ While Bitcoin continues to capture attention globally, Argentinians are showing a clear preference for digital dollars, with stablecoins like USDT and USDC taking up a whopping 60% of crypto purchases on Bitso. 📉 In contrast, Bitcoin's share in Argentina's crypto market stands at just 13%, highlighting the unique trend in the country where citizens seek stability amidst economic uncertainty. 💪 This surge in stablecoin demand is a direct response to Argentina's ongoing inflation crisis, with an alarming annual rate of 211.4% in 2023. As the peso loses value, Argentinians turn to stablecoins as a shield against devaluation. ➡️ The report also highlights that while other Latin American countries embrace stablecoins at a lower rate, Argentina's 26% average portfolio allocation to these digital assets showcases the nation's determination to weather financial storms.

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Hong Kong's SFC Sounds Alarm on MEXC: Beware of Crypto Scammers! 🚨 🔍 Hong Kong's Securities and Futures Commission (SFC) has raised a red flag on MEXC, an alleged crypto fraud posing as a legitimate exchange. 💬 The scam starts with enticing victims through social media or chat groups, offering free investment advice. But once hooked, they are directed to MEXC's websites to purchase digital currencies. 💰 Trouble arises when it's time to withdraw funds, leaving victims stranded. The SFC has added the imposter's sites to its alert list and the police have taken action against them. 🤝 The SFC and law enforcement are teaming up to tackle this menace, urging the public to be wary of "too-good-to-be-true" schemes on social media and messaging apps.

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Spot Trading Hits $1.4 Trillion, ETF Approval Fuels Growth! ‼️ 📈 Spot trading volumes are soaring, with a 4.45% rise to $1.4 trillion in January, marking the fourth consecutive month of gains for centralized exchanges. 📊 The catalyst behind this surge? The United States SEC's green light for a Bitcoin ETF, attracting institutional investors and igniting trader interest. 📉 It's a different story for derivatives, though, as trading drops 2.79% to $3.25 trillion, hitting its lowest point since February 2023. ✔️ Binance maintains its lead with a 31.3% market share, clocking in at $437 billion in spot trading volumes. However, OKX slips to 7.81%, while Coinbase makes gains at 5.42%. 💼 As the crypto market recovers from the bearish 2022, the approval anticipation in 2023 has set spot trading on an upward trajectory.

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GoDaddy and ENS Join Forces: Web2 Meets Web3 with Free .eth Linking 🤝 🔗 Simplifying the Connection: Good news for GoDaddy users! Thanks to a groundbreaking partnership with ENS, linking your web domains to Ethereum's ENS addresses is now fee-free and hassle-free. No more technical headaches or extra charges! 🌐 Web3 Made User-Friendly: ENS's decentralized domain system has been making waves in the Web3 world, providing human-readable names for wallet addresses. And now, with GoDaddy on board, you can effortlessly connect your .eth domains to good old-fashioned URLs, waving goodbye to those pesky gas fees. 🎤 Beyonce xyz? It's Possible!: Imagine Beyonce's domain doubling as her wallet ID. That's the kind of simplicity Nick Johnson, ENS's founder, envisions. By bridging the gap between internet domains and blockchain addresses, this partnership aims to make Web3 more accessible and user-friendly. ⚡️ Revving Up Web3 Adoption: Despite the bear market slowdown, the ENS-GoDaddy collaboration is a clear signal of commitment to bringing blockchain and traditional internet infrastructure closer together. The goal? Extending this integration beyond Ethereum to other blockchain chains. 🔒 Taking Control of Your Identity: Gas fees have long been a roadblock for transitioning domain names to ENS. But fear not! New smart contracts from ENS ensure a smooth and cost-free transition, empowering users with greater control over their decentralized identities. ♾ Market Buzz: The impact of this collaboration is already being felt in the market, with ENS token prices showing a healthy 6% surge in just 24 hours. A promising sign that the Web3 ecosystem is embracing this fusion of domain names and blockchain tech.

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Blockchain Revolutionizes Healthcare Data Management: Protecting Patients and Connecting Information 📌 🔒 The healthcare industry is grappling with a surge in data breaches, with a staggering 87 million patients falling victim in the US alone in 2023 – more than double the previous year's count. This alarming trend calls for robust data protection measures. 💡 Enter blockchain, the game-changer in data management. Traditional methods have perpetuated data silos, hindering seamless information exchange. But now, innovative platforms like BurstIQ are combining blockchain with machine learning and privacy-enhanced tech to create "smart data." 🌐 Amber Hartley, Chief Strategy Officer at BurstIQ, explains that this revolutionary approach builds privacy, permissions, history, context, and trust right into the fabric of data across diverse sectors. It's a paradigm shift where security isn't confined to databases but woven into the very essence of information. 📣 In an era where healthcare organizations are increasingly aware of the importance of efficient data handling and safeguarding patient privacy, blockchain emerges as a beacon of hope – connecting the dots while fortifying digital fortresses.

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UAE Central Bank Breaks New Ground with Digital Dirham Transfer to China ✅ 🚀 The Central Bank of the United Arab Emirates (UAE) has just made history! On January 29, using the cutting-edge mBridge CBDC platform, it successfully completed its first-ever cross-border digital dirham transfer. 💰 Sheikh Mansour, Chairman of the Board, personally oversaw the 50 million digital dirham transaction – a whopping $13.6 million – sent all the way to China. This milestone couldn't have come at a better time, as it coincides with the central bank's golden jubilee. 🤝 mBridge, the driving force behind this groundbreaking feat, is more than just a platform. It's a symbol of progress and innovation, showcasing the CBUAE's unwavering commitment to financial stability, economic growth, and embracing the digital revolution in banking. ⚡️ Powered by the state-of-the-art HotStuff+ consensus mechanism, mBridge offers a seamless experience for real-time, peer-to-peer transactions. With participation from multiple commercial banks in each country involved, this single-platform infrastructure paves the way for swifter transfers of national digital currencies.

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Crypto Miners in Siberia Cause Power Outages 📣 ✅ Cold Snap Chaos: Siberia's recent cold snaps have brought more than just freezing temperatures. The region's power grid has been struggling, and crypto miners are being pointed at as the culprits. ➡️ Damage Done: Rosseti Siberia, the local power provider, reports a $675,000 loss due to increased illegal mining activities. But it's not just about the money – the surge in mining is also causing more network failures and accidents during outages. ⚠️ Shutting Down the Farms: In a bid to regain control, Rosseti Siberia has taken action, shutting down 17 illegal mining farms in the past year. These centers were operating in hotspots like Krasnoyarsk, Omsk, and Khakassia. 🔕 Siberia's Crypto Boom: With its cheap electricity and cool climate, Siberia has become a magnet for major Russian crypto mining operations. But as the industry grows, so do the challenges of keeping the lights on for everyone else. ⚠️ As Bitcoin continues to make headlines, it seems that even in the remote corners of Siberia, its impact is felt – both in terms of potential profits and unexpected power. outages.

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Crypto Lender Abra Settles Lawsuit, Will Reopen Customer Withdrawals 📣 ‼️ Crypto lender Abra has reached a tentative settlement with the Texas State Securities Board. According to a document published January 22nd, Abra has agreed to reimburse the assets invested by the state’s residents. 📣 The document highlights that Abra has begun winding down its U.S. retail operations. Clients holding balances exceeding $10 will receive notifications, allowing them seven days to withdraw their assets. Unclaimed funds will be converted to fiat currency and distributed to remaining investors in Texas. 🟠 With services such as Abra Earn and Abra Boost, the lending firm assured users of interest on their digital asset deposits. In return, the company generated profits by lending these funds. ⚠️ The offer is still featured on the Abra website, asserting that users can receive up to 10% interest compounded daily and paid out every Monday. 🟢 On June 15, 2023, the Texas State Securities Board (TSSB) issued an emergency cease and desist order, accusing Abra CEO Bill Barhydt and his company of committing securities fraud and engaging in deception regarding the sale of investment products. ➡️ The state regulator has also claimed that the firm was insolvent, or nearly insolvent, as of March 31, 2023. 🔕 At the time the TSSB initiated legal actions, the lending firm held $13.6 million in crypto assets for over 12,000 investors in the United States, according to the document. Out of this total, approximately $1.8 million belonged to around 1,600 residents of Texas.

Hong Kong Financial Services Firm Unveils Plans to Launch Region’s Premier Spot Bitcoin ETF 📌 ➡️ Hong Kong-based Venture Smart Financial Holdings Limited (VSFG) is gearing up to seek approval from the Securities and Futures Commission (SFC) for the introduction of a Bitcoin spot exchange-traded fund (ETF). 🟢 According to a Bloomberg report on January 19, VSFG disclosed its plans to launch a spot Bitcoin ETF within the first quarter of the year. The company also set an ambitious target of reaching $500M in assets under management (AUM) by the end of the year. ➡️ However, as of now, VSFG has not yet submitted an ETF application to the SFC. ♾ This latest development is in line with the joint announcement made by the SFC and Hong Kong Monetary Authority (HKMA) on December 22, 2023. In the announcement, both agencies expressed their preparedness to consider applications for virtual asset spot ETFs, acknowledging the evolving landscape of virtual assets since 2018. 📣 Hong Kong regulators initially followed a “professional-investors only” approach but have witnessed a shift in perspective on retail exposure to digital assets. 🔕 The regulatory bodies have now adopted a more flexible approach to cryptocurrency regulation, with a review of their policy regarding intermediaries engaged in virtual asset-related activities. 📣 As part of this regulatory shift, the SFC has shown openness to considering applications for the authorization of various funds, not limited to crypto futures ETFs.

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Arguments Conclude in Coinbase and SEC Case, Judge Holds on Decision ‼️ 🟥 Oral arguments kicked off in Manhattan Wednesday regarding the highly anticipated case against Coinbase brought forward by the United States Securities and Exchange Commission (SEC). ➡️ The federal agency originally filed the lawsuit against Coinbase in June 2023, alleging that the cryptocurrency exchange failed to register as a securities exchange under the logic that several of the cryptocurrencies sold on the platform were classified as such. 🔔 However, Coinbase pushed back last August by claiming that none of the tokens in question classified securities at all. 💬 “The SEC has violated due process, abused its discretion, and abandoned its own earlier interpretations of the securities laws,” Coinbase wrote in their brief. “But there is a more fundamental problem with its case—one the Chair recognized two years ago and that entitles Coinbase to judgment on the pleadings now: The subject matter falls outside the agency’s delegated authority.”

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