TokenPost reporter
Marthon Guanzon
Reporter
Stories by Marthon Guanzon
- Terraform Labs Founder Seeks Legal Protection from SEC Interrogation in the U.S
Legal representatives of Terraform Labs' Do Kwon appeal against SEC's U.S. interrogation regarding Terra's downfall.
· Regulation
- Ex-CEO of IcomTech Admits Guilt in Massive Crypto Fraud in New York Court
Marco Ruiz Ochoa admits to wire fraud tied to a crypto Ponzi scheme as other related cases unfold.
· People
- Uniswap Seeks On-Chain Approval for New $62 Million Development Fund
Uniswap Foundation seeks on-chain approval for a $62 million fund to boost development and operations, with a vote scheduled for October 4.
· Business
- Kraken Exchange Broadens Services Beyond Crypto into U.S. Stock and ETF Trading
Kraken plans to expand into U.S. stock and ETF trading by 2024, while also navigating legal challenges.
· Investing
- Bitcoin Mining Company Marathon Acknowledges Error in Recent Operational Test
Marathon Digital mines invalid Bitcoin block during an optimization test, acknowledges error, and rectifies it. Stocks see minor dip.
· Investing
- Bitcoin Trading Volume Declines Amidst Global Economic Uncertainty
Bitcoin's stable price leads to fewer trades; global economic concerns deter potential investors.
· Investing
- Mixin Network Offers $20 Million Bug Bounty Following $200 Million Hack
Mixin Network suffers a $200 million hack; offers $20 million for fund return; highlights DeFi vulnerabilities.
· Investing
- Binance Faces Euro Deposit Setback as Paysafe Ends Banking Partnership
Binance suggests European users convert euros to USDT following Paysafe ending its banking relationship with the crypto exchange.
· Investing
- U.S. Anticipates Approval of Ethereum (ETH) Futures Exchange-Traded Funds (ETFs)
The U.S. might introduce Ether futures ETFs soon, with experts predicting trading by next week.
· Business
- Ethereum's Transition Impacts Office of Foreign Assets Control Compliance
Ethereum's shift from proof-of-work to proof-of-stake affected its OFAC compliance, leading to a notable decline.
· Investing
- Argentine Oil Firm Tecpetrol Taps into Cryptocurrency Mining using Excess Gas
Tecpetrol, an Argentine oil company, is converting surplus gas to energy for cryptocurrency mining to reduce gas waste and find new revenue.
· Business
- Crypto Influencer Ben Armstrong Faces Charges After Recent Arrest in Georgia
Ben Armstrong, a crypto influencer, arrested in Georgia, faces charges and mockingly comments post-release.
· People
- Bitcoin Stays Steady as Analysts Monitor Key Price Levels for Future Movements
Bitcoin maintains above $26,000; analysts identify key price points; optimistic views for late 2023 expressed.
· Investing
- Cryptocurrency Scam Co-Founder Faces Decade-Long Sentence and Hefty Penalties
AirBit Club co-founder sentenced to 12 years for a $100 million cryptocurrency scam.
· People
- Bitcoin Ordinals Creator Suggests New Fungible Token System as Alternative to BRC-20
Bitcoin Ordinals' creator suggests an alternative token protocol, addressing BRC-20’s inefficiencies.
· Investing
- Shanghai Court Recognizes Bitcoin's Unique Value in Digital Age
Shanghai's court acknowledges Bitcoin's unique value and features, enhancing its legitimacy in China despite the country's restrictive cryptocurrency policies.
· Regulation
- Binance Collaborates with Japan's Leading Bank on Stablecoin Exploration
Binance and MUTB explore stablecoin potential in Japan, aiming for broader Web3 adoption.
· Investing
- MetaMask Rectifies Fee Overestimation Issue Tied to opBNB Network
MetaMask fixes opBNB fee estimation; users advised to double-check transaction rates.
· Business
- Taiwan's Regulatory Body Sets Ground Rules for Cryptocurrency Platforms
Taiwan's FSC releases guidelines for virtual asset providers, promoting safety and self-regulation in the crypto sector.
· Investing
- Optimism's OP Token Faces Downturn Before Release of $30 Million in Locked Assets
Optimism's OP token drops 10% ahead of a $30 million token release; potential market oversupply looms.
· Investing
- Recent Hack Sees HTX Lose $8 Million, Binance's CEO Offers Expertise*
HTX faces an $8 million crypto hack; Binance CEO offers support to investigate and resolve the breach.
· Investing
- Hong Kong's JPEX Crypto Exchange Scandal: $178 Million in Complaints, Key Suspects at Large
The ongoing JPEX crypto scandal in Hong Kong sees major players remain at large, drawing international attention with mounting complaints.
· Business
- Tether Alters Service Terms in Singapore, Impacting Crypto Firm Cake DeFi and Raising Questions
Tether modifies service terms affecting Cake DeFi and other Singapore-based entities.
· Business
- Mixin Network Suffers $200 Million Loss in Cryptocurrency Breach; Collaborates with Experts for Recovery
Mixin Network suffered a $200 million crypto loss due to third-party database vulnerabilities, investigations are ongoing.
· Business
- Chainlink Faces Criticism and Controversy Over Multisig Wallet Changes
Chainlink addresses a change in its multisig wallet, emphasizing it's a routine update. Critics, including Chris Blec, raise concerns.
· Investing
- Lazarus Group's Cryptocurrency Holdings Plummet to $47 Million Amid Heightened Cybersecurity Concerns
North Korea's Lazarus Group holds millions in cryptocurrency, with recent data exposing their vast digital wealth.
· Investing
- Cryptocurrency Market Sees Investor Enthusiasm Wane as Outflows Continue
Cryptocurrency markets experience continued outflows, while regional sentiments reveal contrasting investment behaviors.
· Investing
- Ethereum Co-Founder Vitalik Buterin's Recent $3.9 Million Crypto Transfers Raise Questions
Vitalik Buterin's Ethereum transactions of over $3.9 million in September 2023 draw attention.
· Investing
- Law Firm Dismisses Accusations of Aiding FTX's Fraudulent Acts
Fenwick & West law firm denies assisting FTX's alleged fraud; they stress their limited advisory role amid broader legal accusations.
· Regulation
- Coinbase Gains Spain's Approval for Anti-Money Laundering Compliance
Coinbase secures Anti-Money Laundering registration from the Bank of Spain, marking its expansion in Europe amidst changing perceptions on cryptocurrency.
· Business
- Coinbase Revealed to Hold Nearly 1 Million BTC, Valued at $25 Billion, According to Arkham Analysis
Coinbase possesses nearly a million BTC, valued at $25 billion; community's reaction varies.
· Investing
- Coinbase's Layer-2 Network 'Base' Surpasses Solana in Total Value Locked (TVL) with $397.32 Million
Coinbase's Base Network's total value locked surpasses Solana since its August debut.
· Investing
- Community-Led Initiative: Terra Classic Halts USTC Minting to Restore Stable Dollar Peg
Terra Classic community votes to stop USTC minting activities to stabilize its link to the U.S. dollar.
· Business
- Bitmain Unveils Antminer S21 and S21 Hydro, Focusing on Energy Efficiency and Sustainability
Bitmain's new miners hint at a sustainable crypto-mining future emphasizing energy efficiency and renewable sources.
· Investing
- Bitcoin Displays Stability Amidst Wall Street's Financial Shifts
Wall Street observes Bitcoin's stability; seasoned holders increase as speculators decrease, hinting at market evolution.
· Investing
- Over Half of Bitcoin Energy Consumption Is Sustainable, Says Bloomberg Analyst
The expansion of Bitcoin's network isn't mirrored by a similar rise in its carbon footprint, with increasing sustainable energy usage.
· Investing
- Romanian Electronics Expert Demonstrates DIY Cryptocurrency Hardware Wallet
Florin Cocos, a Romanian engineer, successfully crafted a DIY Trezor cryptocurrency wallet using open-source blueprints, promoting open-source projects.
· Investing
- Tether Records Increase in Stablecoin Lending Despite Previous Phase-Out Plans
Tether reports a rise in stablecoin loans in 2023 despite plans to end them.
· Business
- eToro Gains Crypto Asset Service Provider Registration from Cyprus' CySEC, Paving the Way for EU Expansion
Cyprus' CySEC grants eToro a CASP registration, enabling it to offer crypto services in the EU pending MiCA's 2024 enforcement.
· Investing
- Alchemy Pay Secures Critical Payment Certification in Arkansas, Expanding its U.S. Regulatory Presence
Alchemy Pay has received an Arkansas Money Transmitter License, marking its initial U.S. regulatory approval and expanding its global reach.
· Regulation