Crypto

Source: Coin Tegraph A US court fined the Brazilian founders of EmpiresX over $130 million for operating a fraudulent crypto scheme that misled investors. Read Full Article

Source: Bitcoinist South Dakota Representative Logan Manhart declared on February 4 that his state may soon become the first in the nation to pass a strategic Bitcoin reserve (SBR) bill, citing South Dakota’s notably short legislative session and an imminent deadline in mid-March. “South Dakota has one of the shortest legislative sessions in the country….

Source: Coin Tegraph Institutional investors remain wary of crypto trading, according to a JPMorgan survey. Read Full Article

Source: Coin Tegraph Swedish crypto asset manager Virtune is now giving investors in Finland exposure to Avalanche and Cardano via its newly launched crypto ETP products. Read Full Article

Source: Bitcoinist After nearly three years of uncertainty, FTX, once a dominant player in the cryptocurrency exchange arena, is set to initiate the repayment process for its Bahamas-based creditors on February 18.  This long-awaited move comes in the wake of the exchange’s filing for bankruptcy in November 2022, following a severe liquidity crisis that led…

Source: Coin Tegraph In a series of hacks, decentralized exchange aggregator Jupiter and a former Malaysian prime minister had their accounts hijacked to promote sham coins. Read Full Article

Source: Bitcoinist Dogecoin has been making waves so far in this bull market. Recently, the meme coin experienced a significant price crash after recording double-digit gains and rallying to new highs earlier this year. Despite the cryptocurrency’s declining momentum, a seasoned crypto analyst has highlighted strategic entry points and potential upside targets for DOGE. The…

Source: Coin Tegraph Kraken co-founder Jesse Powell filed a housing discrimination suit, alleging a San Francisco building’s management blocked a sale due to his involvement with crypto. Read Full Article

Source: Coin Tegraph Creating a national stockpile of Bitcoin or cryptocurrency would turn any crypto held by the government into a “political weapon,” Maelstrom’s Arthur Hayes said. Read Full Article

Source: Bitcoinist Korea Financial Investment Association (Kofia) Chairman Seo Yoo-seok has called for the approval of cryptocurrency spot exchange-traded funds (ETFs) and the formal recognition of security tokens. During a recent New Year’s news conference at Kofia’s Seoul headquarters, Seo highlighted the potential growth of the virtual asset market, influenced by U.S. President Donald Trump’s…