Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
BlackRock Will Buy Spot Bitcoin ETFs
Reading Time: < 1 minuteBlackRock has recently updated its filing with the SEC stating that its Global Allocation Fund may invest in spot bitcoin exchange-traded funds (ETFs).
Binance Announces Rewards for Token Listing Predictions
Reading Time: < 1 minuteBinance has recently launched its Futures NEXT platform, allowing users to bet on the potential tokens for listing on the USDⓈ-M futures market.
US Prosecutors Will Challenge Do Kwon’s Extradition
Reading Time: < 1 minuteThe 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.
Do Kwon Will Be Extradited to South Korea
Reading Time: < 1 minuteAccording to the Vijesti news outlet, Do Kwon, co-founder of Terraform Labs (TFL), will be extradited to South Korea per the decision of the High Court of Montenegro.
FDUSD Loses Peg to US Dollar
Reading Time: < 1 minuteThe value of First Digital USD (FDUSD), a stablecoin backed by Binance, dropped on March 5 sharply to $0.92.
ShapeShift Settles Charges with SEC
Reading Time: < 1 minuteCryptocurrency exchange ShapeShift has reached a settlement agreement with the United States Securities and Exchange Commission (SEC).
Spain Orders Worldcoin to Stop Collecting Data
Reading Time: < 1 minuteThe 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 minuteDeutsche Börse has launched a platform for spot trading of virtual currencies, catering to institutional investors.
Do Kwon’s Extradition to US is Revoked
Reading Time: < 1 minuteThe Montenegrin Court of Appeal has overturned the approval for Do Kwon’s extradition to the United States.
ShapeShift Agrees to Pay $275,000 to SEC to Settle Charges
Reading Time: < 1 minuteOn 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 minuteDespite 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 minuteOn March 4, Cryptopunk #3100, one of only nine “alien punks,” sold for 4,500 ETH.
UK Authorities to Be Able to Seize Crypto More Easily
Reading Time: < 1 minuteIn 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 minuteApproximately $400 million worth of Ether has been withdrawn from the Ethereum layer-2 network Blast after it launched its mainnet.
Galaxy Digital CEO Michael Novogratz Says Bitcoin Could Fall to $50K
Reading Time: < 1 minuteGalaxy Digital CEO Mike Novogratz has cautioned investors about a potential drop in Bitcoin price to $50,000
Shido Crashes 94% Following Attack
Reading Time: < 1 minuteAfter 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.
Anthony Pompliano Says Institutions Are Increasing Investments in Bitcoin
Reading Time: < 1 minuteHe believes that large investors will continue to increase their BTC reserves in the coming weeks.
Coinbase Fixes Issue Affecting Assets Purchase and Sale
Reading Time: < 1 minuteCoinbase has resolved a technical issue that was preventing its users from viewing their account balance.
DEX Uniswap to Launch a Browser Extension
Reading Time: < 1 minuteDEX Uniswap has introduced three new tools to help simplify cryptocurrency transactions.
Bitcoin ETFs See $2B in Volume for 2nd Straight Day
Reading Time: < 1 minuteNine recently launched spot Bitcoin ETFs have seen a surge in trading volume for the second consecutive day, with combined volume exceeding $2 billion. This signals strong demand and interest in the market.
Pantera Capital CEO Predicts Crypto Market Will Experience a Bullish Trend in 2-3 Years
Reading Time: < 1 minuteAccording to Dan Morehead, founder of Pantera Capital, the cryptocurrency market is expected to experience a bullish phase within the next 18-24 months.
eToro Might Hold an IPO
Reading Time: < 1 minuteDespite rumors, eToro CEO Yoni Assia confirmed that the crypto-friendly investment platform still plans to go public.
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