Co-Founder of Terraform Labs, Do Kwon, Arrested in Montenegro
According to Filip Adzic, the interior minister of Montenegrin, Do Kwon, the creator of Terraform Labs, has been taken into custody.
SushiSwap and its CEO Faces SEC Subpoena, proposes legal defense fund
The SEC issued a subpoena to a decentralized cryptocurrency exchange likely due to issues with its native token, Sushi.
Thai immigration officers face arrest for demanding $30,000 in crypto as ransom
Thai immigration officials are being searched for kidnapping a Chinese citizen and extorting ransom in cryptocurrency.
Circle CSO’s Twitter Account Hacked by Scammers in Startling Breach
Hackers could gain access to a Circle CSO’s Twitter account and spread fake information about a USDC airdrop offered by the stablecoin issuer.
US Senator Ted Cruz Targets CBDC with New Bill to Ban Fed Reserve Adoption
Republican Senator Ted Cruz has proposed legislation to prevent the US Federal Reserve from introducing a CBDC that is “direct-to-consumer.”
Bankrupt Celsius custody account holders can claim 72.5% of their crypto, rules US Judge
The account holder will receive their 72.5% claim in two distributions
The claimant is refrained from pursuing any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.
US Bankruptcy Judge has now approved a settlement allowing bankrupt Celsius Custody account users to claim 72.5% of their crypto holdings.
MultiversX (EGLD) Price Analysis
MultiversX is a blockchain-based platform that provides stability, security, and scalability. It is designed to power new applications for users, businesses, and communities on the growing metaverse frontier.
Convex Finance Token-The Rewarding Coin
Convex finance Cryptocurrency has emerged as a trailblazing approach to cryptographic protocols, utilizing the power of convex optimization techniques to fortify their security, scalability, and efficiency.
CVX Price Analysis March 2023
CVX current price is around $5.71 at the time of writing, with a low of $2.99, and it has a market cap of 431 million dollars.
Taiwan’s FSC to oversee the crypto sector excluding NFTs
According to the Financial Supervisory Commission(FSC) Head, Huang Tien-mu, Taiwan will soon have special legislation to regulate cryptocurrency,
BTC ATM Manufacturer General Bytes faces $1.5 Mln exploit, shuts down cloud service
According to General Bytes’ security bulletin, the hacker was able to remotely upload their own Java app using the master service interface and had access to BATM user privileges.
A Look at the Price Journey of Comp Crypto
Compound, also known as Comp Crypto, is a popular decentralized finance (DeFi) platform built on the Ethereum blockchain that has attracted many users looking to earn interest on their cryptocurrency investments.
TON Price Analysis March 2023
TON current price is around $2.44 at the time of writing, with a low of $0.7582, and it has a market cap of 2.9 billion dollars
ATOM Price Analysis March 2023
ATOM’s price is around $12.51 at the time of writing, with a low of $5.59, and it has a market cap of 3.5 billion dollars
Top 3 Meme Crypto to Buy in March 2023: SHIB, FLOKI, MONA
In March 2023, three meme-based cryptocurrencies stand out as potential investment opportunities: SHIB, FLOKI, and MONA.
Ex-Coinbase CTO Makes $2 Mln Bet Predicting BTC’s Price Will Exceed $1m In 90 Days
Balaji Srinivasan has taken a bet initiated by pseudonymous Twitter user James Medlock on BTC’s price over the next 90 days, predicting the price would reach $1 million by June 17.
BitGo to Take Legal Action Against Fireblocks claiming reputation loss
For releasing a false claim about a bug in BitGo’s Ethereum wallet signature mechanism, Fireblocks will face a lawsuit by BitGo.
Former Belgium Finance Minister seeks Crypto Ban following US Banking Crisis
The effects of Silicon Valley Bank, Signature Bank, and Silvergate Bank’s collapse on the markets in their respective countries have been discussed by members of the European Parliament.
186 US Banks at Risk of Collapse like Silicon Valley Bank, a study reveals
When SVB’s position was compared to other participants, it became clear that nearly 190 American banks may be vulnerable to a run.
Gridex Protocol’s Native Token, GDX, Surges by Over 422% in 24 Hours After Listing on D5 Exchange
The Gridex, the first-ever on-chain trading protocol for the Ethereum ecosystem, has officially listed its native token, GDX, on the D5 Exchange. CoinMarketCap data shows that GDX reached a record
Cake-The sweet crypto
Cake Token is a cryptocurrency that was launched in 2020 by the DeFi (Decentralized Finance) platform Pancake Swap
Gridex Protocol set to Launch GDX Token on D5 Exchange this March 15th
Gridex Protocol, the first fully on-chain order book trading protocol on Ethereum, has announced that it will list GDX, its native token, on D5 Exchange on 15th March. This marks
Collapsed Silicon Valley Bank’s parent firm SVB Financial files for Chapter 11 bankruptcy
The SVB Financial Group has filed for Chapter 11 insolvency in the Southern District of New York’s federal bankruptcy court.
Signum Digital Achieves Security Token Offering Approval from Hong Kong’s SFC
The Securities Token Offering from Signum Digital has received preliminary approval from the Hong Kong Securities and Futures Commission.
Swiss Bankers Association publishes white paper detailing merits of deposit tokens
SBA Favors a joint deposit token which it claims will provide ‘freedom with regards to money creation.’
Tokenization likely the next big trend in crypto: BlackRock CEO
BlackRock’s CEO outlined the advantages of digital assets and lamented the absence of innovation in developing countries like the United States.
UK Adds Crypto Capital Gains Disclosure In Tax Forms
U.K. residents will be mandated to disclose the value of their crypto holdings, beginning in the following tax year, which runs through April 2025.
FTX Transferred $3.2B to Sam-Bankman Fried and Executives before the collapse
Sam Bankman-Fried and five other former FTX and Alameda Research executives received billions of loans and payments from FTX entities.
Potential Signature Bank buyers asked to stop crypto business by FDIC: Report
The report citing sources states that FDIC will only accept bids from banks with an existing bank charter, prioritizing traditional lenders over private equity firms.
Authorities shut down BTC Mixer ChipMixer, seizes $46M
Authorities claim that over the past five years, ChipMixer has moved 152,000 BTC ($2.88 billion).
Stakeholders File Lawsuit Against Collapsed Silicon Valley Bank for Fraud
Greg Becker, the CEO of Silicon Valley Bank, and Daniel Beck, the chief financial officer, were named defendants in the class-action lawsuit.
280 blockchains still vulnerable to “zero-day” attacks: Report
The critical vulnerability has already been patched in Dogecoin, Zcash, and Litecoin, but so many others may not have, putting billions of dollars in value of the cryptocurrency at risk.
OKCoin Temporarily Suspends USD Deposits Following Silicon Valley Bank Collapse
Due to Signature Bank’s closing, OKCoin is momentarily unable to accept USD deposits from customers.
DeFi Protocol Euler Finance Faces $200M Exploit in a Flash Loan Attack
The Euler Finance decentralized finance lending system experienced an exploit that cost almost $200 million.
BNB Price Analysis March 2023
BNB is the coin of the Binance Coin platform, which is around $276.48 at the time of writing, with a low of $184.54.
Silicon Valley Bank implosion: Ripple discloses exposure, Circle adds new banking partner
According to Chief Executive Officer Brad Garlinghouse of Ripple Labs , some of its funds are held by Silicon Valley Bank
Moonbirds whale sells 500 NFTs on Blur for heavy losses
For losses ranging from 9% to 33%, the Ethereum address sold nearly 500 Moonbirds NFTs.
Paxos, Coinbase reveal exposure to collapsed Signature Bank
Coinbase disclosed it had around $240 million in corporate funds at the bank that it expected would be fully recovered.