TokenPost reporter
Marthon Guanzon
Reporter
Stories by Marthon Guanzon
- Matrixport Sees Possible Bullish Signal for Bitcoin after August Downturn
Matrixport adopts a cautiously optimistic stance on Bitcoin, forecasting a potential rally based on U.S. Treasury yields and tech stock movements, despite a recent market downturn.
· Investing
- Bankman-Fried Lawyers Advocate for Enhanced Defense Preparations and Online Access
Sam Bankman-Fried's lawyers seek his release for defense preparations, emphasizing his right to internet access and online document reviews.
· People
- Bitcoin Miners Face Revenue Dips as Network Security Peaks
Bitcoin miners' revenues drop as network security increases. Miners seek stock sales funding amidst challenging market conditions.
· Investing
- Hong Kong Financial Chief Advocates for Growing Web3 Digital Industry
Hong Kong's Financial Secretary backs blockchain and Web3, boosting funding for Cyberport hub and emphasizing the potential for digital growth.
· Business
- OnlyFans Parent Company's Ethereum Investments Revealed in Financial Report
Fenix International invests in Ethereum, faces losses, but sees growth in OnlyFans revenue and user base.
· Investing
- Decentralized Finance System Balancer Exploited for Almost $900,000
Balancer, a decentralized financial system, faced a breach causing a loss of nearly $900,000, days after revealing a system flaw.
· Business
- Crypto Exchange FTX Freezes Accounts Following Kroll Cybersecurity Incident
After a cybersecurity breach at Kroll, FTX, a bankrupt crypto exchange, halted specific user accounts. The breach potentially exposed personal user data.
· Business
- Crypto Community Responds to New Tax Reporting Proposal from U.S. Government
The U.S. government's new crypto tax rules receive mixed reactions, with many fearing it might stifle innovation and privacy in the sector.
· Regulation
- Attorney Criticizes SEC's Decision on Ripple CEO Allegation, Calls for Former Officials' Testimony
Attorney John Deaton criticizes SEC's action against Ripple's CEO, suggesting testimonies from former officials could clarify XRP's security status and impact crypto adoption.
· Regulation
- Crypto Advocate Pauly Accuses Pepecoin Team of Insider Trading Amidst Token Theft
Jeremy Cahen accuses Pepecoin team of insider trading after a massive PEPE token theft, while also exposing team member identities.
· Investing
- Legal Tussle Over New Evidence in Bankman-Fried Case Gains Traction
The imminent trial of Sam Bankman-Fried is clouded by disputes over late-submitted evidence, while concerns about his health and well-being in detention are mounting.
· People
- Tether’s Top Tech Executive Clears Air on Bitcoin Mining Site Photo
Tether's CTO addressed speculations on a new Bitcoin mining site photo, emphasizing security and upcoming mining software developments.
· Business
- JPMorgan Analysis Offers Hope Amid Cryptocurrency Market Uncertainty
JPMorgan's research suggests cryptocurrency market's decline may stabilize soon, emphasizing on Bitcoin's futures contracts.
· Investing
- Hashdex Ventures into Bitcoin ETF Space with Unique Strategy
Hashdex proposes a unique Bitcoin futures ETF strategy, potentially easing SEC concerns about market manipulation and liquidity.
· Investing
- dYdX Founder Urges Crypto Innovators to Bypass U.S. for Now
Antonio Juliano advises crypto startups to target foreign markets first due to U.S. regulatory challenges, while Coinbase CEO remains optimistic.
· Investing
- Australia's Bank Examines Digital Dollar Benefits and Challenges
Australia's central bank concludes CBDC study, revealing potential benefits and existing challenges in its implementation.
· Regulation
- Stellar Joins Bytecode Alliance to Support Wasm’s Growing Role in Web3
Stellar Development Foundation has aligned with Bytecode Alliance, championing Wasm against the widely-used Ethereum Virtual Machine in the Web3 space.
· Business
- Former Chinese Official Faces Life Behind Bars for Illicit Bitcoin Mining and Bribery
Xiao Yi, a former Chinese official, has been sentenced to life for corruption and illicitly aiding a massive Bitcoin mining operation, highlighting China's strict cryptocurrency stance.
· People
- Former FTX Chief Sam Bankman-Fried Pleads Not Guilty to Several Charges
Former FTX CEO denies fraud and money laundering charges; court addresses health concerns and trial preparation.
· People
- Study Reveals Cryptocurrencies Might Heighten Financial Strains in Developing Economies
The BIS study suggests cryptocurrencies could increase financial risks in developing nations, while highlighting the potential of blockchain technology and central bank digital currencies.
· Investing
- Bitstamp Halts Ether Staking Services for U.S. Customers Due to Regulatory Concerns
Bitstamp discontinues Ether staking in the U.S. following regulatory challenges.
· Regulation
- OpenSea Insider Trading Scandal Sees Former Manager Jailed for Three Months
Former OpenSea manager Nathaniel Chastain receives 3-month prison sentence for insider trading; other crypto insiders face similar charges.
· People
- Binance Labs Backs Delphinus Lab's Web3 Innovation with Major Investment
Binance Labs invests in Delphinus Lab to boost ZK-proof tech and Web3 application development in a decentralized environment.
· Investing
- Israeli Entrepreneur Moshe Hogeg Faces Accusations Over Crypto Scams
Israeli entrepreneur Moshe Hogeg faces serious allegations, including a $290 million crypto scam, following an extensive two-year police investigation.
· Regulation
- KresusLabs Introduces Marketplace for Polygon Projects and Enhances SuperApp Functionality
KresusLabs debuts a curated marketplace for Polygon, aiming to enhance user experience while also introducing new SuperApp features.
· Investing
- Cypher Cryptocurrency Platform Reveals Recovery Plan After $1 Million Setback
Cypher lays out a two-stage strategy to address its $1 million loss, emphasizing user compensation and platform security.
· Investing
- Former New Jersey Corrections Lieutenant Faces SEC Charges in Cryptocurrency Fraud Targeting First Responders
Ex-corrections officer DeSalvo faces SEC charges for crypto scam targeting first responders, resulting in substantial losses.
· People
- Rarible's Trading Volume Surges Amidst NFT Royalty Uproar
Rarible's trading volume surges, overshadowing competitors, after staunchly supporting NFT creator royalties amidst industry shifts.
· Investing
- US OFAC Targets Tornado Cash Developers Over Alleged Money Transmission Violations
Two Tornado Cash developers are indicted for alleged unlicensed money transmission, but crypto group Coin Center challenges the claims.
· Regulation
- Bitcoin's Bullish Trajectory Continues Despite Recent Dips: Insights from On-Chain Analytics
Bitcoin remains bullish, with the RHODL metric supporting long-term growth despite recent price dips and changing investor dynamics.
· Investing
- Terra Blockchain Temporarily Suspends Operations to Combat Phishing Scams
Terra blockchain temporarily halts operations to safeguard users from phishing scams, amidst challenges and previous collapses.
· Business
- South Korean City Cheongju to Confiscate Crypto from Delinquent Taxpayers in Latest Move
Cheongju takes measures to recover unpaid taxes, eyeing crypto assets of defaulting residents, reflecting a global trend.
· Regulation
- Maple Finance Secures $5 Million Investment to Expand in Asia's Thriving Digital Market
Maple Finance pours $5 million into Asia's expansion, joining forces with Solana and targeting growth in the digital currency sector.
· Investing
- Bank for International Settlements Study Reveals Cryptocurrency-Induced Financial Risks in Developing Nations
A recent BIS study indicates that cryptocurrencies like Bitcoin might be increasing, rather than reducing, financial risks in developing nations. The report calls for balanced regulation and highlights potential risks.
· Insights & Views
- Oman Accelerates Digital Transformation with New Cryptocurrency Mining Center
Oman opens a new cryptocurrency mining center in Salalah, marking its second facility within a year, underscoring a push towards digital economy diversification.
· Regulation
- Friend.tech Addresses Data Concerns: Clarifying 'Leak' Controversy
Friend.tech addresses concerns over user data, clarifying it's from their open API, not a leak; Spot On Chain highlights potential API misuse.
· Investing
- Bitcoin Price Expected to Surge with US Spot ETFs, Says Fundstrat Analyst
p000 by 2024, depending on U.S. Bitcoin spot ETF approvals, with a backdrop of industry expectations and skepticism.
· Investing
- Yuga Labs Pulls Back Support for OpenSea over Royalty Tool Changes
OpenSea phases out a tool ensuring NFT creator royalties; Yuga Labs reacts by pulling support, igniting industry-wide discussions on artist compensation.
· Business
- SEC Files Appeal Against Ripple's Recent Verdict Over XRP's Classification
SEC challenges Ripple's victory regarding XRP's status; Ripple advocates for continuous trial, highlighting appeal complexities.
· Investing
- Gemini Responds to SEC's Charges Over Alleged Unregistered Securities
Gemini refutes SEC's charges about its Gemini Earn service, stressing the regulator's inconsistency and lack of clarity in identifying the violated security.
· Regulation