Coinbase has filed a FOIA request to uncover the costs of the SEC’s crypto enforcement actions, seeking transparency on taxpayer spending and regulatory efforts. Coinbase Launches FOIA Inquiry Into SEC’s Crypto Crackdown Costs Coinbase has taken legal steps to uncover the financial burden of the Securities and Exchange Commission’s (SEC) enforcement actions against the crypto…

MegaETH, an Ethereum Layer 2 (L2) scaling solution backed by Ethereum co-founder Vitalik Buterin and Dragonfly Capital, is set to launch its public testnet this week. The deployment aims to showcase its high-speed blockchain infrastructure, designed to process transactions in milliseconds. MegaETH Testnet Deployment Schedule The MegaETH Labs team has announced a phased rollout for…

Citigroup mistakenly transferred $81 trillion instead of $280, bypassing internal controls before being reversed. The incident raises concerns over banking security and oversight. Banking Giant Accidentally Transfers Trillions Instead of $280 In April 2024, Citigroup mistakenly credited a customer's account with an astonishing $81 trillion instead of the intended $280. The error initially went unnoticed,…

Hayden Davies, the Libra Memecoin Scam's architect and Melania Memecoin's creator, has launched yet another memecoin project despite being on Interpol's Watchlist.  Bubblesmap reported that the Crypto villain launched yet another memecoin, “ WOLF”, despite being caught up in the web of two popular rug pulls.  “ In collaboration with Coffeezilla, we exposed Hayden Davis…

OKX Exchange announced it is suspending its Decentralized Exchange services following growing criticisms from the global crypto community.  The Exchange announced this decision in a press release on Monday, 17. Citing increased media attacks, it explained that the suspension allowed it to implement additional upgrades to prevent further exploitation.  “ After consulting with regulators, we…

The Bank of Korea revealed it has no plans to stockpile Bitcoin in its foreign exchange reserves, citing concerns over its volatility.  This is the first time the country’s apex bank has publicly stated its position on digital assets, particularly regarding Bitcoin stockpiling.  The bank’s position stems from the volatility of the crypto market and…

Coinbase Derivatives has filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for natural gas (NGS) and Cardano (ADA).  As announced in a March 14 post on X, the company expects to launch these products on March 31, 2025, expanding its offerings in both traditional energy and cryptocurrency derivatives markets. We're…

Investment management firm VanEck has officially filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for its proposed VanEck Avalanche ETF, an exchange-traded fund (ETF) designed to track the price performance of AVAX, the native token of the Avalanche blockchain.  The filing marks a significant step toward expanding regulated investment opportunities in…

Changpeng Zhao (CZ) denies WSJ claims of negotiating a presidential pardon and sale of a Binance stake to a Trump-backed company.