Montana Criticizes SEC’s Overreach in Kraken Case: Asserts Not All Crypto Assets Are Securities Bollywoodfever, March 3:  Montana Leads Coalition Against SEC’s Broad Interpretation of ‘Investment Contract’ in Kraken Lawsuit In a significant move, Montana, alongside seven other states, has voiced opposition to the U.S. Securities and Exchange Commission (SEC)’s approach towards cryptocurrency regulation, particularly in its legal battle against …

Matthew Perry’s Foundation Warns of Crypto Scam After X Account Hack Bollywoodfever, February 27: Matthew Perry’s X account became the target of scammers orchestrating a crypto donation fraud through a deceptive website, as reported by his foundation.  A misleading link, purportedly for donations to the actor’s foundation, actually redirected supporters to a fraudulent site.  The Matthew Perry Foundation promptly denounced …

Russell Okung’s Remarks on Crypto Adoption Spark Debate Between Bitcoin and Stablecoins Russell Okung’s Insights on Lightning Network Adoption Stir Bitcoin vs. Stablecoins Debate Former NFL star Russell Okung, an early advocate of cryptocurrency salary payments, ignited a discussion on the contrasting roles of Bitcoin and stablecoins in emerging markets. Okung, known for being among the first NFL players to …

Crypto Giant Circle Ceases USDC Support on Tron Blockchain In a move aimed at reinforcing trust and security, Boston-headquartered crypto firm Circle has announced the discontinuation of USDC token support on the Tron blockchain network.  This decision, communicated via a blog post on Wednesday, reflects Circle’s commitment to maintaining the integrity of USDC, the second-largest stablecoin in circulation. Effective immediately, …

Cryptocurrency Exchange Fixedfloat Reportedly Hacked, Nearly $26 Million in BTC and ETH Lost Fixedfloat, an automatic cryptocurrency exchange, has reportedly fallen victim to a hack, resulting in the loss of nearly $26 million worth of BTC and ETH.  The exchange has acknowledged the attack and is currently conducting an investigation while actively addressing potential vulnerabilities. As a precautionary measure, Fixedfloat’s …