Jacob Lyon

England

Journalist and Crypto Crime Writer at Protos

Journalist at @Protos / Leeds Beckett University journalism graduate Big ol geek with a lust 4 life

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Articles

Major crypto exchanges suffer complications after AWS outage

1 week ago | protos.com | Jacob Lyon

An outage affecting Amazon’s cloud computing service caused the world’s largest crypto exchange, Binance, to briefly suspend withdrawals. It also created issues for KuCoin, MEXC, and Rabby wallet. Amazon Web Services (AWS) reported the outage at 08:15 am after experiencing power issues in the Singapore region.
Anchorage Digital probed by top US AML task force, report

1 week ago | protos.com | Jacob Lyon

The US Department of Homeland Security’s “El Dorado Task Force” is reportedly investigating crypto bank Anchorage Digital and is probing company employees over the bank’s practices and policies. That’s according to news outlet Barron’s, which cites unnamed sources familiar with the inquiry. The nature of the inquiry is currently unclear, and both the US Homeland Department and Anchorage declined Barron’s request for comment.
MANTRA CEO says ‘reckless’ exchanges caused OM token collapse

1 week ago | protos.com | Jacob Lyon

This weekend, the price of the MANTRA token (OM) lost 90% of its $6 billion market cap, a collapse that, according to its CEO, was the work of centralized exchanges initiating “reckless forced closures” and not a rugpull. MANTRA is a real-world asset (RWA) project that signed a billion-dollar deal with Dubai developers to tokenize various assets, including real estate and data centers.
ETH has fallen nearly 50% since Eric Trump’s promotional tweet

1 week ago | protos.com | Jacob Lyon

Trump-linked crypto project World Liberty Financial (WLFI) has denied reports that it is selling off its ether (ETH) with the currency down 46% since Eric Trump recommended buying it. This week, crypto analytics firm Arkham showed that a wallet, possibly linked to WLFI, sold 5,471 ETH, worth roughly $8 million, when the currency’s price fell to $1,465. However, WLFI denies this.
SEC wants to settle with Ripple, drops Helium case

1 week ago | protos.com | Jacob Lyon

The US Securities and Exchange Commission (SEC) dropped a lawsuit against Helium developer Nova Labs yesterday and has filed a joint motion with Ripple to pause its appeal against the cryptocurrency firm. In Helium’s case, the SEC has dismissed the suit filed against Nova Labs in January this year that accused it of issuing Helium tokens as unregistered securities.
Zero Hedge invited to White House press pool despite lies about Fort Knox gold

2 weeks ago | protos.com | Jacob Lyon

Far-right financial news blog Zero Hedge, which lied about Fort Knox’s gold reserves and shares Russian state-media pieces, is reportedly the only new media outlet invited to the White House’s Thursday press pool. NBC news reporter Katherine Doyle shared the White House press announcement today, which listed Zero Hedge, run by Daniel Ivandjiiski, under “New Media” for today’s press schedule.
CZ fans lose $15,000 after he ghosts them on ‘pay-to-reach’ platform

2 weeks ago | protos.com | Jacob Lyon

Users of the decentralized messaging platform Reach Me have apparently wasted more than $15,000 sending “pay-to-reach” messages to former Binance CEO Changpeng Zhao after he ignored more than 30% of their texts. The losses, first spotted yesterday by The Block’s Editor-In-Chief, Tim Copeland, are based on Zhao’s 63% response rate on Reach Me, where he charges users 0.8 Binance Coin (BNB) to text him.
Champions League quarter-finalists all have crypto deals

2 weeks ago | protos.com | Jacob Lyon

The UEFA Champions League has entered the quarter-final stages, and the remaining eight teams fighting it out for the famous old trophy are all repping crypto companies. The likes of Arsenal, Aston Villa, PSG, and Inter Milan have all inked a deal with Socios.com, while crypto exchanges Coinbase and Bitpanda are sponsoring Borussia Dortmund and Bayern Munich, respectively. On Tuesday, Arsenal beat Real Madrid 3-0, knocking them out of the league.
Justin Sun’s marketing push can’t revive his Sun Pump memecoin launcher

2 weeks ago | protos.com | Jacob Lyon

Justin Sun’s recent marketing blitz has apparently failed to increase traction on his Sun Pump memecoin launcher, with just nine coins launched on the platform yesterday. The platform initially opened to thousands of token launches in August 2024, reaching highs of 7,500 per day. From September onwards, however, these daily token launches fell over the next six months to embarrassingly low figures, barely reaching higher than 10 daily.
Crypto ETFs 'worst' in 2025 for UK investors says Morningstar

2 weeks ago | protos.com | Jacob Lyon

Crypto ETFs have been named the worst-performing exchange-traded funds (ETFs) available to UK buyers this year. That’s according to financial analysts Morningstar, which found VanEck’s £203 million ($259 million) Crypto & Blockchain Innovators ETF was the worst-performing in quarter one of 2025, losing 39.34% of its funds.