Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
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.
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