Pi Network Responds to Bybit CEO’s Scam Allegations
Pi Network has responded to accusations of being a scam following a recent post from Bybit CEO Ben Zhou, who questioned the legitimacy of the project. On February 20, an X account claiming to be Pi Network’s “unofficial technical team” suggested that the project had turned down a listing offer from Bybit and that the […]
Analysts say BTC crash was ultimate buy signal
Bitcoin (BTC) saw a sharp 21.3% decline between Feb. 21 and Feb. 28, briefly dipping to $78,300—a level last seen in November 2024. The drop triggered over $1.6 billion in leveraged long liquidations, intensifying market volatility as exchanges forcefully sold contracts. This $21,210 plunge stands as Bitcoin’s steepest seven-day decline on record. Despite the downturn, […]
SEC Commissioner Challenges Agency’s View on Memecoins
Caroline Crenshaw, a Commissioner at the US Securities and Exchange Commission (SEC), has expressed disagreement with the agency’s recent classification of memecoins as non-securities. In a statement issued on Feb. 27, Crenshaw argued that memecoins could meet the Howey test criteria for securities, particularly the requirement that profits arise from the efforts of third parties. […]