Ether’s price reaches 11-month high following Shapella hard fork completion
The Shapella hard fork led to over one million Ether worth $2.1 billion being withdrawn from ETH's Beacon Chain within the first four days
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Crypto exchange Bittrex faces SEC scrutiny over alleged investor protection violation
The enforcement division of the SEC is likely to recommend legal action against Bittrex for operating as an exchange, broker-dealer, and clearinghouse without registering with SEC
OHM Token Treasury to Have More ETH Backing as Olympus DAO Votes for Change
Key Takeaways The decentralized reserve crypto project Olympus DAO has decided to increase holdings of “volatile assets,” including ether (ETH) in the treasury backing its OHM token. This decision comes after the members approved a new Treasury Framework. “Treasury team…
Do Kwon anticipated Terra Collapse, paid law firm $7 Mln right before crash: Report
Reportedly, Kim & Chang's lawyers also visited Montenegro to meet with Kwon and Terraform’s former chief financial officer, Han Chang-joon.
Crypto Exchange Bitrue faces $23 Mln exploit, suspends withdrawals
Bitrue announced that it had temporarily suspended all withdrawals and expects to reopen withdrawals on April 18, 2023, after conducting additional security checks.
Montana Senate’s pro-crypto mining bill passes third reading
The bill notes that Montana wants to “protect the right to mine” crypto and “create legal certainty” for miners.
Spain’s Tax Authority to send out 300k plus tax payment reminders to crypto holders
As per local media reports, the tax agency plans to reinforce its inspection and surveillance activity on cryptocurrencies.
Winklevoss Twins lent $100 Mln in loan to Gemini amid crypto winter
The brothers reportedly provided the loan to Gemini after failing to get outside investment for the exchange.
Crypto mining firm Bitmain faces $3.7 Mln in fines for alleged tax violations in China
Reportedly, the tax authority had fined Bitmain about 25 million Chinese yuan ($3.7 million). As per local media reports, a notice regarding the tax violation was sent to Bitmain in August 2022
FTX had “extensive deficiencies” in its financial controls, reveals court filings
FTX CEO John Ray III claims the firm relied on “a hodgepodge” of Google documents, shared drives, Slack communications,and Excel spreadsheets to manage its finances