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Scammers exploit Europe’s new MiCA regulations to pose as regulators and defraud users of their assets.

2026.08.06 13:44:59

According to a report by the Financial Times, after the transition period of the EU’s Markets in Crypto-Assets (MiCA) regulation ended on July 1, impersonation scams targeting crypto users have risen. Scammers are posing as staff from the European Securities and Markets Authority (ESMA), the French Financial Markets Authority (AMF), or cryptocurrency exchange personnel, luring users to transfer assets to fake websites or wallets by falsely claiming platforms are unlicensed and assets need urgent migration. Data shows only 323 crypto firms have secured licenses so far; VASPnet estimates over 1,700 unlicensed entities may need to cease operations.

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Is 4Stock a copycat project? STRATTON on Robinhood Chain surges over 100% in the past two hours.

According to GMGN data, the token of the Stratton Market project, STRATTON, has surged over 100% in the past two hours, with its current market cap standing at $6.81 million. Notably, STRATTON was launched on September 3, and its narrative is exactly the same as that of today’s trending 4Stock. It is reported that Stratton Market (STRATTON) is a narrative-driven project deployed on Robinhood Chain, combining "US penny stocks" and "meme launches" into a single gameplay. Its core concept involves converting micro-cap stocks listed on the New York Stock Exchange and Nasdaq into on-chain tokens (called TICKERx in the project, such as TOONx, DSSx, AIXIx) at a rate of one token per share, then using these stock tokens as quote assets to build launchpads for new meme tokens.

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UBS has launched a test of the Swiss franc stablecoin in collaboration with multiple Swiss institutions, with the CHFD stablecoin now live for trial operation.

Swiss bank UBS announced that together with eight other institutions—PostFinance, Sygnum, Raiffeisen, Zurich Cantonal Bank, BCV, SIX, TWINT, and Swiss Stablecoin AG—a total of nine entities have launched the Sandbox testing phase for the Swiss franc stablecoin, exploring the integration of blockchain applications with such stablecoins. The test is based on the CHFD Swiss franc stablecoin, which has been technically deployed in the Sandbox environment since the end of June and is pegged 1:1 to the Swiss franc. It will focus on use cases including automated inter-institutional financial transactions, digital asset tokenization settlement, and programmable payments, covering applications such as reducing online marketplace fraud risks, improving fair access to event tickets, and enhancing the efficiency of public fund disbursement. The test is expected to run through the end of 2026. UBS stated that the Sandbox aims to accumulate technical, operational, and regulatory experience, and does not represent a decision to officially launch the Swiss franc stablecoin.

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Well-known Chinese crypto trader "Ma Ji" was forced to cut Bitcoin (BTC) long positions at a loss amid a market pullback, with his position size now standing at just 10% of its previous level.

According to Tradingbeats' monitoring, as of 14:30 on September 8, "Big Brother Ma Ji" Huang Licheng's BTC long positions have fallen from approximately 541 BTC last night to 50 BTC, marking a net position reduction of around 491 BTC. The remaining position is valued at roughly $3.9174 million, with 40x leverage, an average entry price of about $79,294.9, and an unrealized loss of approximately $47,400. During the position reduction phase from last night to the present, he closed out a total of 575.07 BTC while covering around 91 BTC, resulting in a total realized loss of $305,600 from closing price movements. After adding roughly $14,400 in fees, his net realized loss stands at approximately $320,000. Overall, "Big Brother Ma Ji" has sharply scaled down his BTC long positions from an original size of around $43 million to roughly $4 million, and confirmed losses during this round of position reduction.

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A crypto whale spent another $163,000 to acquire 3.48 million 4Stock tokens, having previously spent $4.73 million on purchases of tokens including PONS.

According to Lookonchain’s monitoring, the whale that previously spent $4.73 million to buy PONS, UNI, AAVE, and CASHCAT has once again spent 163,256 USDT to purchase 3.48 million 4Stock tokens.

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Apple and Kioxia sign long-term NAND supply agreement, potentially without a price cap.

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The European Central Bank is expected to raise interest rates again this week, but remains cautious about future policy actions.

The European Central Bank (ECB) is expected to raise its key interest rate for the second time this Thursday, marking the second rate hike since the outbreak of the US-Iran War, but it may issue cautious signals about further increases, as additional hikes would push borrowing costs to levels that suppress economic activity. Eurozone annual inflation rose to 3.3% in August, the highest level in nearly three years and well above the ECB’s 2% target. However, no signs have emerged of the second-round effects policymakers have been concerned about since the war led to the closure of the Hormuz Strait and a surge in energy prices. The longer the war persists and energy prices stay elevated, the greater the likelihood that workers will take action, policymakers note. They are particularly aware that household heating costs will rise sharply as the weather turns colder at the end of the year. ECB President Christine Lagarde is likely to stress the familiar line that interest rates are not on a preset path, especially warning investors not to assume further hikes are inevitable. At the same time, Lagarde is unlikely to rule out additional action, with some economists seeing rising odds of a third rate hike in December. (Jinshi)

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