Crypto News
Genesis Agrees to $21 Million SEC Settlement in Bankruptcy Resolution Effort
Genesis Global settles with the SEC for $21 million over unregistered securities sales allegations, aiming to mitigate legal challenges and focus on repaying customers amid bankruptcy proceedings. The agreement, pending a February 14 hearing, marks a significant step towards resolving the company's financial and legal hurdles. (Read More)Source link
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.Source link
Three Arrows’ OPNX Announces Shutdown
OPNX, a cryptocurrency exchange and bankruptcy claims platform, will cease operations by February 14, 2024, due to regulatory challenges and financial penalties. (Read More)Source link
Grand Jury Indicts Hackers Linked to $400 Million Stolen from FTX
Three Americans have been charged with orchestrating the massive attack on the failed cryptocurrency exchange.Source link
From NFT Punchline to $8 Million Raise, ‘Pixelmon’ Preps for MON Token Launch
Kevin lives! Under new ownership and with fresh funding, Pixelmon is ready to roll out games and debut its MON-powered IP protocol.Source link