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The SFC warned Hong Kong users on Jan. 26 and described Floki’s staking programs as “suspicious investment products.”

The Hong Kong Securities and Futures Commission last week flagged Floki's staking programs as "suspicious investment products."

Investors in the round include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io. The funds will be used in the development of Portal’s DEX and noncustodial wallet.

Altcoins' consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one analyst said.

The mBridge platform is a multinational collaborative effort using CBDCs for cross-border transactions.

The Bar Association seeks to maintain New York’s preeminence in digital asset transactions, not just paper-based financial transactions.

Bitcoin ETFs — including GBTC — may soon begin to record net inflows, data suggests, as exchanges' BTC balances revert to their downtrend.

The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November.

#cbdc #japan #china #bank of japan #cambodia

While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.

#solana #adoption #enterprise

Solana Foundation’s Sheraz Shere believes that enterprise adoption will perpetuate a cycle of growth for the blockchain industry.

The Italian data protection authority has notified OpenAI that it has found the company in breach of its data protection and privacy laws.

#news #hong kong #policy #securities and futures commission #staking #sfc #floki

Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product.

#hong kong #pyramid scheme #public listing #hyperverse #hyperfund #brenda chugna #xue lee #“bitcoin beautee #maryland #actor #hypertech #fraud scheme #the guardian

The alleged “Ponzi” scheme once hired an actor residing in Thailand to act as its CEO when it launched in 2021, according to a newly filed SEC complaint.

Decentralized finance protocols should be seen as “critical infrastructure” to United States national and economic security, according to Polygon’s legal team.

#bitcoin price #bitcoin halving #bitcoin analysis #bitcoin price prediction #btc markets #bitcoin halving price #bitcoin having bullish #bitcoin pre-halving #btc rally #bitcoin post-halving

Any retrace in the price of Bitcoin over the next two weeks could be investors’ last chance to scoop up Bitcoin at “bargain-buying" prices, says pseudonymous trader Rekt Capital.

The Foundation wants to preserve an 18-month runway through at least mid-2026.

Outflows from Grayscale’s Bitcoin fund slowed for the fifth day in a row, while Fidelity’s spot Bitcoin ETF saw one of its stronger inflow days since launch.

#coins

Elon Musk said the patient is recovering well, and that initial results are "promising."

#technology #health #elon musk #medicine

The first Neuralink product will be called “Telepathy,” according to Musk, allowing users to control digital devices using only their thoughts.

Switzerland and Germany were hit hardest during the most recent trading week but Canada has by far the largest outflows over the month, CoinShares’ data shows.

#ethereum #coins

SkyArk Chronicles just had a huge NFT mint, but Binance Labs now says the game developer misrepresented its investment.

#news #policy #regulations #ponzi scheme #criminal #securities and exchange commission #court

HyperVerse was a nearly $2 billion fraudulent crypto investment scheme with a fake CEO at its helm, the U.S. Securities and Exchange Commission (SEC) and a grand jury allege in a lawsuit and criminal indictments against two of its leaders.

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 25-31.

Bitcoin and select altcoins are showing strength at the start of the week as traders shift their focus to more than just spot BTC ETF flows.

The index provider previously had one of the highest fees of 0.39% for its bitcoin ETF.

#ethereum #gaming

The Immutable zkEVM mainnet is now live in early access, with select games set to launch in the coming months on the Ethereum scaler.

The U.S. House Financial Services Committee passed the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoins Act in July 2023.

#opinion #consensus magazine #the node #newsletters #culture #social media #su zhu #3ac

Flipping the narrative, the disgraced 3AC financier says he enjoyed life behind bars. “I had the best sleep of my life.”

MiCA passed in 2022, but aspects of it are still being worked out. Defining a financial instrument is a big outstanding question.