Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Outflows from Grayscale’s GBTC Reach $358M
Reading Time: < 1 minuteGrayscale’s Bitcoin exchange-traded fund (ETF) has experienced significant outflows over the past few days, with nearly $359 million leaving the fund on March 21.
Montenegro Confirms Do Kwon Will Be Extradited to South Korea
Reading Time: < 1 minuteDo Kwon is facing extradition to South Korea.
SEC Delays its Decision on VanEck Spot Ethereum ETF Application
Reading Time: < 1 minuteThe approval process for the VanEck Ethereum ETF, another spot ETH ETF, has been delayed by the Securities and Exchange Commission.
Coinbase Will Launch Dogecoin, Litecoin and Bitcoin Cash Futures Trading
Reading Time: < 1 minuteCoinbase plans to introduce futures trading for Dogecoin, along with Litecoin and Bitcoin Cash, as announced in three separate letters to the CFTC on March 7.
Montenegro’s Court Rejects Do Kwon’s Appeal to Avoid Extradition to South Korea
Reading Time: < 1 minuteAn appeals court in Montenegro has denied Do Kwon, co-founder of Terraform Labs, an appeal that would have prevented his extradition to South Korea.
Goldman Sachs to Buy Claims on Liquidated Crypto Companies
Reading Time: < 1 minuteThe head of digital assets at Goldman Sachs has expressed interest in potentially investing in claims against failing cryptocurrency companies as well as exploring other options.
Bitfinex Says Altcoins Market Cap Hit $788B This Month
Reading Time: < 1 minuteIn mid-March, the total market value of altcoins reached a high of $788 billion, and then hit a historic peak of $837.5 billion in April 2022.
SEC Delays Decision on Hashdex and Ark 21Shares Ethereum ETFs
Reading Time: < 1 minuteThe decision timeline for approval of the Hashdex Nasdaq Ethereum ETF has been postponed by the Securities and Exchange Commission.
Nigeria Requests Binance Country’s User Data
Reading Time: < 1 minuteThe High Court in Abuja has ordered crypto exchange Binance to provide detailed information on all Nigerian users trading on its platform.
Galaxy Digital’s Assets Under Management Reach $10B
Reading Time: < 1 minuteGalaxy 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 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against 17 employees of CryptoFX.
Paolo Ardoino Says It’s Difficult to Assess Halving Effect on Bitcoin Price
Reading Time: < 1 minuteHowever, it is currently too difficult to assess the consequences of this event.
New York Jury Convicts IcomTech Promoters of Wire Fraud
Reading Time: < 1 minuteA 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 minuteHe now acknowledges that if he had followed the advice of experts and forecasters, he would have made a substantial profit by now.
Arbitrum Devs Promise to Reduce Cost of L2 Transactions
Reading Time: < 1 minuteThe Offchain Labs team has completed an update to ArbOS, known as Atlas, with the addition of support for BLOB transactions.
SEC Exposes CryptoFX for Operating a Fraudulent Ponzi Scheme
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has accused 17 individuals of operating a $300 million Ponzi scheme through CryptoFX.
Franklin Templeton Says Meme Coins Could Be Used to Generate Fast Gains
Reading Time: < 1 minuteAmerican multinational investment firm Franklin Templeton has recently released an investor note discussing the concept of memecoins.
Bakkt’s Shares Could Be Delisted from NYSE
Reading Time: < 1 minuteThe NYSE has issued a warning to Bakkt, stating that if the average closing share price of the crypto custody and trading platform does not go above $1, it may face delisting.
Users Will Be Able to Use Brazil’s CBDC Offline
Reading Time: < 1 minuteThis feature will be particularly beneficial for residents in remote regions where internet connectivity is not stable.
Core Scientific Releases Q4 2023 Results
Reading Time: < 1 minuteCrypto mining company Core Scientific has released its Q4 2023 results, revealing a decrease in year-on-year revenue and a significant reduction in net losses.
The EU Greenlights New Sanction Rules Involving Crypto
Reading Time: < 1 minuteEU legislators have passed a set of regulations aimed at cracking down on violations of sanctions, particularly those involving digital currencies.
BlackRock Becomes One of the Largest Bitcoin Holders
Reading Time: < 1 minuteBlackRock’s Bitcoin ETF has became one of the largest holders of digital currency.
Inflows into Crypto Investment Products Reach $2.7 Billion in a Week
Reading Time: < 1 minuteAccording to a recent report by CoinShares, asset managers including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares received a total of $2.7 billion in inflows for their crypto funds last week, setting a new record.
Users Lose $104M in Crypto Due to Phishing Attacks
Reading Time: < 1 minuteAn 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 minuteThe 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.
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