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SEC Chair Gensler Warns of Bitcoin's Role in Ransomware, Advocates for Centralized Money

SEC chair Gary Gensler. Source: A video screenshot, YouTube / SECUnited States Securities and Exchange Commission (SEC) Chair Gary Gensler spoke about Bitcoin, stating that it is the leading market share for ransomware attacks. Despite the agency’s approval of 11 Spot Bitcoin ETFs earlier this year, Gensler has continued to express his disapproval of the asset...

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Moonwell Launches 'USDC Anywhere' for Cross-Chain Transaction

Source: DALL·EMoonwell has launched a new feature called “USDC Anywhere,” designed to facilitate the cross-chain lending and borrowing of the USD Coin stablecoin directly across various Ethereum networks. Following the launch on Feb. 14, a Moonwell blog post revealed that USDC Anywhere untilized Circle’s Cross-Chain Transfer Protocol (CCTP) and Socket technology. The new feature was...

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SEC Obtains Investigative Subpoena Against NovaTech Crypto Investment MLM Promoters

Source: Dalle-3The United States Securities and Exchange Commission (SEC) has announced that it obtained a court order to enforce an investigative subpoena against two NovaTech crypto investment scheme promoters. In a recent press release, the financial regulator disclosed updates in its investigation against NovaTech Crypto Investment promoters. On Feb 13, the US District Court for...

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Debt Box Urges Utah Federal Judge to Reject SEC's Motion to Dismiss Enforcement Action

Source: Dalle-3Debt Box, a software firm entangled in a legal battle with the United States Securities and Exchange Commission (SEC), has launched a countermove against the regulatory body’s attempt to dismiss the case. Filed on February 14, Debt Box’s response characterized the SEC’s motion as a strategic maneuver aimed at sidestepping potential sanctions and the...

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Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval + More Crypto News

Source: Dalle-3Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news: Asia Still Attractive to Crypto Players, But US Sees Increased Interest Post-ETF Approval Tokenization is Future of Finance, Despite Slump Bitfinex Reveals the Launch of TorogozDev’s New Lightning Node...

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Telefónica Partners with Chainlink to Enhance Web3 Security Through GSMA Open Gateway

Source: Dalle-3Spanish Telco company Telefonica has announced a partnership with Chainlink to provide secure connections for web3 smart contracts. In a recent press release, the company highlighted plans focused on GSMA Open Gateway API security with blockchain technology at the forefront. According to the release, the partnership will secure the operations of telecommunications networks to...

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U.S. Treasury Backtracks on Claims of Hamas Using Crypto for Terrorism Financing

Hacker with computer and golden coins on dark background. Cybercrime concept, hacker without a face is trying to steal cryptocurrency using a computer, AI GeneratedThe US Treasury’s Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, confirmed in a testimony before the House Financial Services Committee that the media and Washington lawmakers exaggerated earlier reports of...

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