Episode Details

05th Feb : Crypto & Coffee at 8

🔥 US Gov closure of #BTC mining? ❗Thai SEC orders Zipmex to suspend 😱 Binance Sensitive info leaked via GitHub 🚔SEC Charges Bitcoin Academy’s founder

🔥 The U.S. Department of Energy (DOE) is examining the energy usage of bitcoin mining through its agency, the Energy Information Administration (EIA). Over the next six months, the EIA will collect data on electricity consumption from selected U.S.-based bitcoin miners following an “emergency” request. Concerns arise that this information could influence potentially adverse policies given the current administration’s critical stance on cryptocurrencies. The EIA claims to be policy-neutral and states that the collected data will inform decisions over the next six months without taking a specific stance. More info via CoinDesk here http://tinyurl.com/bafy5haa

🚨 The Securities and Exchange Commission (SEC) of Thailand has issued a directive instructing the temporary suspension of digital asset trading and brokerage services by the cryptocurrency exchange Zipmex. In an announcement on February 2, the SEC specified that Zipmex has a 15-day window to rectify its financial position and address operational deficiencies in accordance with prior orders from the regulatory body. Once the specified requirements are met, the crypto exchange will be permitted to resume its regular operations, ensuring that users can withdraw their funds during this period. Info here http://tinyurl.com/y63su4zh

💥 A repository on GitHub containing sensitive information related to Binance, such as code, passwords, and infrastructure diagrams, was discovered to be publicly accessible for several months. Following a takedown request, Binance successfully had the data removed. The company stated that the exposed information presented minimal risk to user security, asset safety, or platform integrity. Despite no evidence of malicious access or use, the data’s value could potentially attract hackers interested in targeting Binance’s systems. Info via 404 Media http://tinyurl.com/yhy58avb

🥶 The founder of the American Bitcoin Academy, Brian Sewell, is being charged by the U.S. Securities and Exchange Commission Commission (SEC) for a $1.2 million fraud. Sewell allegedly deceived fifteen students into investing in his Rockwell Fund, promising impressive returns through AI-driven hedge fund strategies in the cryptocurrency market. The SEC claims these promises were a fraudulent scheme. Investigations revealed that Sewell never launched the fund nor implemented the advanced technologies he flaunted. The SEC alleges that 15 students, lured by Sewell’s promises, invested $1.2 million into the non-existent hedge fund. Info via Finance Magnates here http://tinyurl.com/yhhp5vfr

🟠 Two UAE (See slides)

⚡ Landvault appoints Vice President of metaverse to propel Middle East expansion.