2-5
U.S. senators propose SCAM Act to curb scam ads; Reuters: Meta $16B in 2024
On February 5, 2026, a bipartisan group of U.S. senators introduced the Safeguarding Consumers from Advertising Misconduct (SCAM) Act, requiring social platforms to verify advertisers and exposing noncompliant companies to FTC and state attorney general actions. In 2025, Reuters reported Meta’s internal estimates tied roughly $16 billion of 2024 revenue to suspect ads, prompting calls for SEC and FTC probes, while major banking associations and AARP voiced support for the bill.
2-5
2-5
Payy rolls out privacy-first Ethereum L2 to shield ERC-20 and stablecoin transfers
Crypto project Payy has launched a privacy-enabled Ethereum layer-2 network that makes all ERC-20 transfers private by default without requiring new wallets or tokens. Users can already add the network to MetaMask and other EVM wallets, with Payy targeting both institutions moving capital onchain and crypto natives seeking easier privacy when handling stablecoins and other ERC-20 assets.
2-5
2-5
CFTC withdraws 2024 proposal targeting bans on sports and political prediction markets
On Wednesday, CFTC Chair Mike Selig said the agency has withdrawn a 2024 proposed rule that sought to classify sports, political and war-related event contracts as contrary to the public interest. Selig, who criticized the earlier effort as merit-based regulation by the Biden administration, added that the CFTC will instead pursue new rulemaking under the Commodity Exchange Act and has also rescinded a separate staff letter on sports event contracts.
2-5
2-5
SpoonOS Skills Micro Challenge offers US $5,000 prizes and fast track into $50,000 grant program from Feb. 3 to Feb. 9
SpoonOS is running a Skills Micro Challenge from Feb. 3 to Feb. 9 with a US $5,000 prize pool for developers who submit "Agent Skills" via pull request to its designated repository. Participants can earn tiered rewards, while the top ten Skills gain accelerated consideration for a separate $50,000 grant program linked to the project's Web3-native Skills marketplace.
2-5
2-5
149M Credential Leak Reportedly Exposes 420,000 Binance Logins in Malware Dataset
A dataset containing 149 million stolen credentials, including access details for about 420,000 Binance accounts, was reported circulating among cybercriminals this week. Security researchers say the information comes from infostealing malware that harvests passwords, private keys, API keys and session tokens from infected devices. Recent data also indicates multi‑billion‑dollar crypto losses and rising attacks on exchanges and large organizations.
2-5