Crypto weekly: Judge dismisses DEBT Box case, orders SEC to pay $1.8M in fees; Mastercard Crypto Credential goes live with first peer-to-peer pilot transactions, adds new partners to the ecosystem.

Welcome to our cryptocurrency events review. The last few days were full of interesting news from the world of digital assets. Next week also promises to be full of events that may affect the overall market picture.

Review of the past week:

May 27, 2024 Investor loses nearly $7 million in crypto scam.
A cryptocurrency investor just recently lost millions of dollars from his wallet in a sophisticated phishing scheme. Read more
May 28, 2024 Judge dismisses DEBT Box case, orders SEC to pay $1.8M in fees.
The civil lawsuit initially filed by the commission in 2023 ended on May 28, with a judge ordering the SEC to pay attorney and receivership fees. Read more
May 29, 2024 Mastercard Crypto Credential goes live with first peer-to-peer pilot transactions, adds new partners to the ecosystem.
For the first time, crypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases, instead of the typically long and complex blockchain addresses. Read more
May 31, 2024 Biden campaign ramps up crypto industry outreach in surprising tone ‘shift’.
The new outreach efforts come shortly after the Biden administration faced backlash for signaling it would veto the repeal of an alleged anti-crypto legislative measure. Read more
May 31, 2024 Binance’s ex-CEO begins prison sentence in California.
Binance’s billionaire founder Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. Read more


What’s coming up for us this week:

June 05, 2024 Binance Coin Announces Token Swap.
Binance Coin is going through the process of migrating assets from BNB Beacon Chain (BNB) to BNB Smart Chain (BSC). This migration is scheduled to be completed on June 5. Read more


As the crypto landscape evolves, so does the need for a reliable platform. At FYBIT, we provide the tools for your success. Don’t wait, trade with FYBIT.


Best regards,
FYBIT team