Quick Look
$4M ‘exit scam’ suspected as Kokomo Finance flies off radar, token plunges
Optimism-based lending protocol Kokomo Finance has been suspected of a $4 million “exit scam” that has seen user funds plucked out from...
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in...
Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network
Crypto exchange Coinbase sees inflation-pegged “flatcoins” as one of four “critical” innovations that should be built on its recently...
US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner
U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration...
US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in...
Arrested Bitzlato Exchange Founder Seeks Help From Crypto Community
The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the...
XRP, LTC, XMR and AVAX show bullish signs as Bitcoin battles to hold $28K
The recent banking crisis in the United States seems to have shaken the belief of some customers in the legacy banking system. According...
Greenpeace Unveils ‘Skull of Satoshi’ to Spark Debate Over Bitcoin’s Environmental Impact; Creator Clarifies It ‘Wasn’t Meant to Be Anti-Bitcoin’
Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark...
G7 to collaborate on tighter crypto regulation: Report
The next G7 meeting might bring a push from the seven biggest democracies for tougher regulations on cryptocurrencies around the world,...
Report: Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro
According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing...
Bitcoin is 1 week away from ‘confirming’ new bull market — analyst
Bitcoin (BTC) has a matter of days to go before beginning a new macro uptrend, the latest analysis says. In his latest Twitter activity,...
US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion
As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating...
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8...
How does the economy work?
The economy is a complex system of production, distribution, and consumption of goods and services. Understanding how the economy works...
A Million-Dollar Bitcoin Bet, Financial Crisis Warnings Abound, and Ordinal Inscriptions Surpass 500,000 — Week in Review
Venture capitalist Balaji Srinivasan says hyperinflation is happening now, and is making million-dollar bets that the price of bitcoin...
Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The...
Report: Regulations Governing Tokenized Deposits and Crypto Assets in South Africa Set to Effect in January 2025
Regulations governing tokenized deposits and crypto assets are likely to become effective on Jan. 1, 2025, a senior fintech analyst at the...
Billionaire Barry Sternlicht Warns of Hard Landing — Says ‘Economy Is Going to Implode’
Billionaire Barry Sternlicht, chairman and CEO of Starwood Capital Group, has warned that the U.S. economy is going to implode,...
Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’
Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current...
Robert Kiyosaki Says Fed Rate Hikes Will Crash Stocks, Bonds, Real Estate, and US Dollar
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve’s continued rate...
Euler Finance exploiter returns over 58,000 stolen Ether
The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to...
SEC targets Coinbase, Do Kwon arrested and FTX sells $95M in Mysten Labs: Hodler’s Digest, March 19-25
Top Stories This Week Coinbase could face SEC enforcement action for ‘potential violations of securities law’ Crypto exchange Coinbase...
Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report
Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs...
NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap
Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum...
Arbitrum Discord hacker shares phishing announcement amid airdrop hype
The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into...
Custodia Bank’s membership denied for ties with crypto markets, says US Fed
The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank’s...
Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out...
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher....
Biggest Movers: XRP Climbs 5%, as LTC Nears Multi-Week High on Saturday
The crypto asset xrp rose by as much as 5% on Saturday, following declines of a similar amount during yesterday’s session. This...
What is fiscal policy, and why does it matter?
Fiscal policy is a tool used by governments to regulate economic activities in their country. It involves the use of government spending,...
Bitcoin liquidations vanish as trader hopes $30K will hit before dip
Bitcoin (BTC) drifted lower on March 25 as eerily calm conditions saw liquidations evaporate. BTC/USD 1-hour candle chart (Binance)....
Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend
Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market...
In-Chat Tether Transfers Introduced in Telegram
Users of the Telegram messenger will now be able to send each other the leading stablecoin, tether (usdt), directly in the chats. The new...
NFT investor accidentally burns $135K CryptoPunk trying to borrow money
A nonfungible token (NFT) from the CryptoPunks collection worth 77 Ether (ETH) was sent to a burn address to be permanently destroyed....
US Banking Crisis: Nigerian Banks Not Directly Exposed to SVB Says Central Bank Governor
A recent review of Nigerian banks’ bond portfolios showed that the institutions were not directly exposed to Silicon Valley Bank,...
Tom Brady’s Estranged Wife Gisele Bundchen Claims FTX Collapse ‘Blindsided’ Her
Former U.S. National Football League (NFL) quarterback Tom Brady’s estranged wife Gisele Bundchen has said she was...
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in...
How Crypto Ended Up at the Center of a Potential $20 Billion Internal Corruption Scandal in Venezuela — Bitcoin Mining Shutdown Results
The establishment of sanctions by the Trump administration towards PDVSA, the state oil company in Venezuela, reportedly forced the hand...
ProBit Global Exclusive Presents Arbitrum’s New ARB Token at 50% off
PRESS RELEASE. The Next Link In Blockchain Has Arrived. Launched in 2021, Arbitrum takes the exceptional security of Ethereum one step...
Bitcoin, Ethereum Technical Analysis: ETH Drops From 7-Month High, as Market Volatility Heightens
Ethereum fell from a 7-month high March 24, as traders reacted to further uncertainty within the European banking sector. Shares in...
Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says
The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority...
Biggest Movers: XMR Rises to 1-Month High, XRP Moves 4% Lower
Monero jumped to a one-month high on Friday, as overall sentiment in crypto markets remained largely unchanged. The global market cap is...
Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector
U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top...
Terraform Labs CEO Do Kwon Faces Extradition to South Korea
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was...
Shares of Deutsche Bank, Other Euro Lenders Tumble
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the...
Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector
Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to...
Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon
Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates...
Improving Bitcoin NFT marketplace infrastructure sets the stage for ecosystem growth
Bitcoin NFT inscription activity has remained strong with consistency in the daily number of NFTs inscribed on Bitcoin. At the same time,...
MakerDAO votes to keep USDC as primary collateral, rejects ‘diversification’ plan
MakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has voted overwhelmingly to keep USD Coin...
Arbitrum airdrop hype grips DeFi world: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting
The United States’ most powerful financial regulators gathered on March 24 by video conference for an unscheduled, closed meeting of the...
White House report takes aim at Bybit — and forgot about Deribit
The White House released its annual economic report on March 20, and it dedicated an entire section to digital assets. The authors should...
Price analysis 3/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
The European stock markets fell on March 24 on renewed fears that the banking crisis could rear its ugly head once again. The latest...
Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K
On March 23, Bitcoin (BTC) price recovered the $28,000 support after a brief correction below $27,000. The movement closely tracked the...
Crypto Biz: Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs
Take, for example, the recent issues that Circle-issued USD Coin (USDC) faced when it depegged from the U.S. dollar following Silicon...
USDT issuer Tether has up to $1.7B in excess reserves, CTO says
Cryptocurrency firm Tether — the issuer of stablecoin, Tether (USDT) — expects to make a $700 million profit in the first quarter of 2023,...
Arbitrum airdrop sees 1,500 addresses consolidate $3.3M into two wallets
As the hype surrounding the Arbitrum (ARB) airdrop continues, on-chain activity shows that airdrop hunters consolidated tokens worth...
Heavyweight champ Oleksandr Usyk seeks to tokenize boxers’ careers
IBF, WBO and WBA heavyweight boxing champion Oleksandr Usyk has put his weight behind a blockchain platform that aims to tokenize and...
zkSync Era launches with Uniswap and Sushi — First zkEVM on mainnet
Some of the biggest names in decentralized finance, including Uniswap, Sushi, Maker and Curve, are set to launch March 24 on...
Fed balance sheet adds $393B in two weeks — Will this send Bitcoin price to $40K?
As of March 22, the Fed’s balance sheet surged by nearly $94.5 billion — a $297 billion increase from the last week when the banking...
7 advanced humanoid robots in the world
Humanoid robots are advanced robots that are designed to look and move like humans. They are often equipped with sensors and cameras that...
BTC price centers on $28K as Deutsche Bank shares follow Credit Suisse
Bitcoin (BTC) diced with $28,000 at the March 24 Wall Street open as fresh banking woes failed to provide a further boost to crypto....
ChatGPT can now access the internet and run the code it writes
ChatGPT now has access to the internet, and can run the code it writes By Loz Blain OpenAI has allowed its stunning ChatGPT AI to...
Cathie Wood’s ARK loading up on Coinbase shares again, buying $18M
Cathie Wood’s investment management firm has gone back to buying Coinbase shares again, just a day after COIN’s stock price dipped amid...
How Montana stands to benefit if its pro-crypto mining bill is approved
The Montana Senate recently passed a bill designed to protect crypto miners operating within the state. The proposed law, which is...
Crypto price predictions: OAX, Mask Network, Arbitrum
Cryptocurrency prices had a relatively strong performance this week even as the banking crisis escalated. Bitcoin rose to a high of...
Arbitrum airdrop: Hacked vanity addresses used to siphon $500K
Hacked vanity addresses have reportedly been used to steal $500,000 worth of tokens from the March 23 airdrop of the layer-2 scaling...
Arbitrum airdrop sells-off at listing, but traders remain bullish on ARB
The official Arbitrum airdrop page crashed right after the claiming process began around 9 a.m. EST. Some users still managed to claim it...
Justin Sun vs. SEC, Do Kwon arrested, 180M player game taps Polygon: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese crypto billionaire sued by SEC On...
Bitcoin corrects on Fed rate hike, but bulls are prepared for Friday’s $1.2B options expiry
Bitcoin’s (BTC) 17.5% rally between March 16 and 22 surprised options traders betting on price levels below $26,000. The movement resulted...
Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access
Since the collapse of three American banks friendly to cryptocurrency businesses and the U.S. government’s insistence that crypto assets...
SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023
2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with...
EUR/USD Hits 6-Week High, as Greenback Weakens Following Fed Hike
EUR/USD raced to a six-week high on Thursday, as markets continued to react to the U.S. Federal Reserve’s 25-basis-point rate hike....
Bitcoin erases Fed losses as traders eye $40K BTC price target
Bitcoin (BTC) returned to near $29,000 on March 23 as bulls ignored news of a fresh United States regulatory crackdown. BTC/USD 1-hour...
Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%
On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices...
Ukrainian Startup Promin Aerospace to Send Historical NFTs Into Space
Promin Aerospace is a Ukrainian rocketry startup with backing from Google among others. The company is working with the Meta History...
US enforcement agencies are turning up the heat on crypto-related crime
On the evening of Jan. 7, Anatoly Legkodymov, founder of the cryptocurrency exchange Bitzlato, was arrested in Miami. The following day,...
Terraform Labs Co-Founder Do Kwon Arrested in Montenegro, Says Interior Minister
According to Montenegro’s interior minister Filip Adzic, Terraform Labs co-founder Do Kwon was apprehended at Podgorica airport allegedly...
Ledger CEO: The collapse of banks is a ‘crash course to Bitcoin’ | PBW 2023
The collapse of major banks highlights the need for Bitcoin (BTC) and self-custody according to Pascal Gauthier, the CEO and Chairman of...
Cointelegraph Markets Pro delivers alerts for 113% gains from 5 trades in the face of 10% BTC drop
In Cointelegraph Markets Pro’s latest VORTECS Report, the institutional-grade crypto trading platform displayed how its members could have...
Regulation still key for the evolution of CeFi: Paris Blockchain Week
Centralized finance (CeFi) will continue to be an important avenue to drive the adoption of decentralized finance (DeFi) services in the...
Investors have more work to do in ensuring the success of Web3: PBW2023
A group of professionals in Web3 took to the Master stage at Paris Blockchain Week 2023 to discuss how Web3 is changing the game for...
Why is Litecoin price up today?
Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on March 23, surpassing its top-ranking rivals Bitcoin (BTC) and...
Biggest Movers: DOGE Rebounds, LTC Climbs 13% Higher
Litecoin was one of Thursday’s biggest gainers, as prices rose by as much as 13% in today’s session. This came despite the...
Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens
Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In...
KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum
Ho Chi Minh City, Vietnam, 22nd March, 2023, Chainwire Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2...
Bitcoin, Ethereum Technical Analysis: BTC Below $28,000, ETH Falls Under $1,800 Following Fed Rate Hike
Bitcoin moved below $28,000 on Thursday, as markets reacted to the latest Federal Reserve interest rate hike. The Fed opted to increase...
Crypto reform coming to US in 2023, says former White House chief of staff
In the United States, crypto reform legislation isn’t the province of a single political party, and that’s why a former U.S. Congressman,...
Sushi DAO to Set up Defense Legal Defense Fund; Project Receives Unspecified US SEC Subpoena
Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If...
Ethereum Price Prediction: ETH forecast raised to $2,000
Ethereum price moved sideways on Thursday as investors reacted to the latest interest rate decision by the Federal Reserve. It was trading...