Pi Network token crashes 65% following mainnet launch
Bybit CEO Ben Zhou challenged Pi Network to prove its legitimacy by addressing a Chinese report that called the project a “scam” targeting elderly people.
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Data Transparency and Fake Trading Volumes — Institutionalizing Crypto
On Feb. 26, the Securities and Exchange Commission announced the rejection of yet another ETF submission from Wilshire Phoenix, a New York-based investment firm, citing a lack of resistance to market manipulation and fraudulent activity. The filing stated that the NYSE Arca had not demonstrated that the market was “designed to prevent fraudulent and manipulative…

Canada’s Hive Blockchain Technologies approved for Nasdaq listing
The Canadian miner with a focus on green energy should be available to trade in the coming weeks. 623 Total views 5 Total shares While the SEC continues to slow-roll the listing of a Bitcoin ETF, traders on legacy exchanges eager to get some exposure to crypto will soon have another outlet. In an announcement on…

Aptos seeks Aave community support for non-EVM integration
The Aptos Foundation has proposed the first deployment of Aave Protocol v3 on a non-EVM blockchain.

Rakuten Wallet Partners With CipherTrace to Assure Safety of Its Upcoming Crypto Exchange
A subsidiary of Japanese e-commerce giant Rakuten, Rakuten Wallet, has partnered with blockchain security firm CipherTrace to assure Anti-Money Laundering (AML) compliance for the company’s upcoming crypto exchange. The development was announced in a press release shared with Cointelegraph on May 29.CipherTrace — which develops cryptocurrency AML, forensics and regulatory monitoring solutions — will work…

Tether Calls Market Manipulation Allegations ‘Reckless and False’
Once again, Tether has ridiculed and dismissed allegations that it used its USDT stablecoin for manipulating Bitcoin’s (BTC) price.In a statement sent to Cointelegraph on Feb. 28, iFinex, the firm behind Tether, states that the claims in the market manipulation lawsuit against the firm are “reckless and false.” The statement reads:“The allegations in the complaint…

Utah Governor approves of blockchain and digital innovation task force
Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies. 491 Total views 36 Total shares After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain…

Bitcoin falls under $60K as investors' global economic slowdown concerns rise
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin.

Will Telegram-linked Toncoin bounce back after Pavel Durov’s arrest?
TON traders might view the recent dip as a chance to buy low if Durov’s arrest is an isolated incident.