Author: Chris Smith
Galaxy Digital’s Assets Under Management Reach $10B
Reading Time: < 1 minute Galaxy Digital’s Crypto investment firm has recently surpassed $10 billion in assets under management, as institutional interest in the digital asset market continues to rise.
SEC Accuses 17 People of Organizing CryptoFX Pyramid Scheme
Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has taken legal action against 17 employees of CryptoFX.
New York Jury Convicts IcomTech Promoters of Wire Fraud
Reading Time: < 1 minute A New York jury has found David Brend and Gustavo Rodriguez, two former promoters of IcomTech, an alleged crypto mining and trading company, guilty of wire fraud conspiracy.
Peter Schiff Regrets Not Buying Bitcoin
Reading Time: < 1 minute He now acknowledges that if he had followed the advice of experts and forecasters, he would have made a substantial profit by now.
SEC Exposes CryptoFX for Operating a Fraudulent Ponzi Scheme
Reading Time: < 1 minute The US Securities and Exchange Commission (SEC) has accused 17 individuals of operating a $300 million Ponzi scheme through CryptoFX.
Mike Novogratz: Bitcoin Will Soar to $100,000
Reading Time: < 1 minute According to Mike Novogratz, the CEO of Galaxy Digital, the price of the first cryptocurrency is not expected to drop below $50,000 unless a major event occurs.
Users Will Be Able to Use Brazil’s CBDC Offline
Reading Time: < 1 minute This feature will be particularly beneficial for residents in remote regions where internet connectivity is not stable.
The EU Greenlights New Sanction Rules Involving Crypto
Reading Time: < 1 minute EU legislators have passed a set of regulations aimed at cracking down on violations of sanctions, particularly those involving digital currencies.
Donald Trump: Bitcoin is an Additional Form of Currency
Reading Time: < 1 minute Former US President and Republican Party leader Donald Trump has stated that he would not interfere with their use if he were to win the November election.
Users Lose $104M in Crypto Due to Phishing Attacks
Reading Time: < 1 minute An estimated 97,000 users were affected by phishing scams in the first two months of the year, resulting in a staggering $104 million in losses.
Ethereum Fees Reach Two-year High
Reading Time: < 1 minute The recent surge in meme coin frenzy has caused a spike in network activity, resulting in reduced inflation and a potential benefit for investors in Ethereum.
BlackRock Will Buy Spot Bitcoin ETFs
Reading Time: < 1 minute BlackRock has recently updated its filing with the SEC stating that its Global Allocation Fund may invest in spot bitcoin exchange-traded funds (ETFs).
US Prosecutors Will Challenge Do Kwon’s Extradition
Reading Time: < 1 minute The United States government is contesting the latest decision by the high court in Montenegro to extradite Do Kwon, the former CEO of Terraform Labs, to South Korea.
FDUSD Loses Peg to US Dollar
Reading Time: < 1 minute The value of First Digital USD (FDUSD), a stablecoin backed by Binance, dropped on March 5 sharply to $0.92.
Spain Orders Worldcoin to Stop Collecting Data
Reading Time: < 1 minute The Spanish Agency for Data Protection (AEPD) issued a temporary order on March 6 to stop Worldcoin from collecting and processing data in Spain.
Deutsche Börse Rolls Out a Crypto Platform for Institutional Investors
Reading Time: < 1 minute Deutsche Börse has launched a platform for spot trading of virtual currencies, catering to institutional investors.
ShapeShift Agrees to Pay $275,000 to SEC to Settle Charges
Reading Time: < 1 minute On Tuesday, the US Securities and Exchange Commission (SEC) announced a cease-and-desist order against cryptocurrency firm ShapeShift for engaging in unregistered securities dealing.
Coinbase Shares Rally
Reading Time: < 1 minute Despite ongoing platform issues, Coinbase’s stock price has increased by nearly 4% in after-hours trading.
A CryptoPunk NFT is Sold for $16M
Reading Time: < 1 minute On March 4, Cryptopunk #3100, one of only nine “alien punks,” sold for 4,500 ETH.
Grayscale: Inflation and High Rates Are Obstacles for Bitcoin
Reading Time: < 1 minute According to Grayscale analysts, the current macroeconomic factors may pose major challenges for the continued growth of BTC’s value in the near future.
UK Authorities to Be Able to Seize Crypto More Easily
Reading Time: < 1 minute In late April, the UK government issued a statutory instrument that allows law enforcement to freeze crypto assets used in illegal activities without the need for a criminal conviction.
Blast Rolls Out Ethereum L2 Mainnet
Reading Time: < 1 minute Approximately $400 million worth of Ether has been withdrawn from the Ethereum layer-2 network Blast after it launched its mainnet.
JPMorgan: Bitcoin to Fall to $42K After Halving
Reading Time: < 1 minute The upcoming halving event in April could potentially lead to a significant decrease in the price of the first cryptocurrency, according to a report by JPMorgan.
Shido Crashes 94% Following Attack
Reading Time: < 1 minute After an exploit on its Ethereum-based staking contract, the token for the Layer-1 blockchain Shido experienced a sharp drop of 94% in just 30 minutes.
Coinbase Fixes Issue Affecting Assets Purchase and Sale
Reading Time: < 1 minute Coinbase has resolved a technical issue that was preventing its users from viewing their account balance.