Industry
US Government Plans to Sell 41K Bitcoins Linked to Silk Road
US Government Plans to Liquidate Over 41,000 Bitcoins Seized as part of a case related to Silk Road founder Ross Ulbricht.Jerry McNeillNet losses from crypto theft drop sharply to $322 million in Q1 2023
Cryptocurrency hackers and scammers stole $452 million in the first quarter of 2023, according to a report published by antivirus and app provider De.Fi. But that's both good news and bad news, as losses are down from $1.3 billion in the first quarter of 2022.Sherry CantwellNFA Adds Rules for Members Dealing with Digital Assets
The National Futures Association (NFA) the self-regulatory organization for the U.S. derivatives markets has issued a new compliance rule to address member conduct.James DeanBermuda remains open to crypto firms, PM says
The dramatic collapse of cryptocurrency exchange FTX in November 2022 has not moved Bermuda away from accommodating cryptocurrency companies, the head of the government of the British Islands said in an interview with Bloomberg News.Craig GreenHuobi partners with Gala Games for L1 and Web3 development
Cryptocurrency exchange Huobi Global has announced a strategic partnership with blockchain-based earn-as-you-play gaming platform Gala Games.Wayne IngramOver 3,600 Bitcoin ATMs Go Offline in Biggest Drop in a Month
Contradicting the Growing Global Bitcoin, Adoption, physical ATMs dedicated to fiat-to-crypto conversions is declining. In March alone, 3,627 cryptocurrency ATMs were removed from the network, reducing the total number of ATMs to 33,727.Jerry McNeillThe DAO treasury hits $25 billion for the first time
Funding for decentralized autonomous organizations (DAOs) is growing rapidly and just passed a major milestone, according to DeepDAO. According to data from The DAO Data Platform, the total assets of all decentralized autonomous organizations hit a record $25.1 billion on March 31.Sherry CantwellUniswap v3 code free to fork as BSL expires
Developers can now fork the Uniswap v3 protocol, as its Business Source License (BSL) expired on April 1, shows protocol documentation. Expiration is a highly anticipated event in the decentralized finance (DeFi) ecosystem, enabling developers to deploy their own decentralized exchanges (DEX).James DeanAvalanche Launches Mentoring Program, Beeple Opens Big New Studio, and More
In a March 30 blog post, the Avalanche Foundation announced the launch of Avaissance, a program to support digital artists and foster the growth of Avalanche's non-fungible token (NFT) ecosystem.Barry StidhamSpotlight on Binance, Galaxy Digital Turnaround, China's Blockchain Boost
U.S. regulators have a new target: Binance. The U.S. Commodity Futures Trading Commission (CFTC) has sued the world's largest cryptocurrency exchange by volume for regulatory violations.Martha GrizzardTerra co-founder Daniel Shin dismissed by court for low flight risk arrest
A South Korean district court has rejected prosecutors' request for an arrest warrant for Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin.Barry StidhamDenmark's Supreme Court Says Bitcoin Profits Are Taxable in Some Circumstances
Danish Supreme Court Judges Issue Two Judgments on Whether to Sell Bitcoin, Qualify as a taxable event in certain circumstances.Christopher SmithRevolut unhappy with how fintechs are handling audit red flags
Crypto-friendly fintech Revolut has reportedly encountered some issues with its recently released annual report for the year ending December 2021.Cornell RachelBitcoin (BTC) in good shape ahead of 2024 halving, says Bloomberg analyst
Mike McGlone, senior macro strategist at Bloomberg Intelligence, says the foundation is set for a strong performance for Bitcoin (BTC) next year.Cornell RachelOCC's new fintech office has a director and an opening date
The U.S. Office of the Comptroller of the Currency (OCC) officially announced the launch of its Office of Financial Technology on March 30. The new office will broaden the OCC's technology focus and help it keep pace with rapid developments in the banking industry, it said.Wayne IngramCiti Says Trillions in Assets Will Be Tokenized by 2030
Investment bank Citi is betting that blockchain-based tokenization of real-world assets will be the next "killer use case" in crypto, predicting a market size of $4 trillion to $5 trillion by 2030.James DeanJapan Plans Expert Panel to Explore Digital Yen
According to Japanese news outlet NHK, the Japanese Ministry of Finance plans to form an expert group in April to explore the feasibility of introducing a digital yen.Barry StidhamAxie Infinity creators team up with studio to drive Web3 adoption with new game
Sky Mavis, the company behind the popular blockchain game Axie Infinity, has revealed that four game studios will build and publish games on top of the Ronin Network, inspiring the creation of its own native gaming ecosystem.Christopher SmithBlockchain and regulated stablecoins will be widely used by 2030, industry exec says
Regulated stablecoins are in the spotlight for policymakers as a panel of professionals in digital regulation discuss the asset's future use at the World of Web3 (WOW) summit in Hong Kong.Martha GrizzardAustralia's 'big four' bank ANZ stops cash withdrawals from many branches
ANZ, one of Australia's "big four" banks, will stop cash withdrawals and deposits at a number of its Australian branches as it looks to push its customers to use a dwindling number of ATMs and deposit machines.Hallie Gill
