Month: March 2025

Crypto Exchange MEXC Halts Market Manipulation Scheme

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MEXC said it has liquidated a large-scale group of market manipulators engaged in various malicious activities, including self-trading, spoofing, and front-running. Presence of Institutional Actors Draws Concern Cryptocurrency exchange MEXC recently announced that it liquidated a large-scale, coordinated group of market manipulators engaged in self-trading, spoofing, layering, front-running, and quote stuffing. According to the exchange, … Read more

Mysterious Trader’s Bold Moves with $Fartcoin: A Case of Insider Knowledge or High-Stakes Gambling

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The unpredictable nature of the cryptocurrency market is one of its main attractions. Surprises and head-scratchers are part of the equation. But the latest developments around an odd coin called $Fartcoin (FART) have many thinking it’s too far out even for this Wild West of a market. In an apparent cash-out day trader move, a … Read more

Netflix’s The Seven Deadly Sins NFT Collection Launches in Partnership With Sony

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Sony is expanding its Web3 strategy by partnering with Yoake to launch officially licensed digital collectibles from one of Netflix’s top-performing anime series, The Seven Deadly Sins, which has sold over 55 million copies worldwide. This collaboration marks the first mainstream anime intellectual property to utilize Sony’s blockchain infrastructure through its platform, Soneium. The initial … Read more

IMX surges 15% after Immutable says SEC ended probe

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The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action. The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74 shortly after the firm … Read more

North Carolina bills would add crypto to state’s retirement system

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North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin. The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones on March 24, would create an independent investment authority under the state’s … Read more

SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi

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The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21. The series of roundtables, organized by the SEC’s Crypto Task Force, will kick off with a discussion on tailoring regulation for crypto … Read more

Custodia and Vantage Bank partner for ‘first bank-issued stablecoin’

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The crypto-friendly Custodia Bank has worked with Vantage Bank to complete what the two firms say is “America’s first-ever bank-issued stablecoin” on a permissionless blockchain. Custodia said on March 25 that it tokenized US dollar demand deposits and facilitated the issuance, transfer and redemption of the stablecoin “Avit” on Ethereum via the ERC-20 token standard. … Read more

Binance Wallet: Suspended Employee Profited From Privileged Information

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Binance Wallet said an investigation found a former employee leveraged information from their previous role at BNB Chain for front-running trades. Employee Profits Using Non-Public Information Binance Wallet has stated that none of its current team members were involved in insider trading, as alleged in a complaint filed with Binance’s internal audit team. However, an … Read more

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