Markets
Crypto Investment Product Outflows Have Been 4th Straight Week, Investor Worries Remain
On March 6, European cryptocurrency investment company CoinShares released the "Digital Asset Fund Flow Report", which shows that investors continue to show negative sentiment towards encrypted investment productsJerry McNeillMT GOX Creditors to Receive $3 Billion in Bitcoin, But Will This Crash the Market?
Bitcoin has fallen 5% over the past week amid speculation that an impending payment to creditors of the now-defunct MT Gox exchange could have a negative impact on the cryptocurrency market.Barry StidhamTornado Cash Developer Says Crypto Mixer 'Sequel' Aims to Be Regulator-Friendly
A former Tornado Cash developer claims to be building a new crypto mixing service aimed at addressing the sanctioned crypto mixer’s “critical flaw”Craig GreenTerraform Labs co-founder Do Kwon under investigation by Singapore authorities
Local authorities in Singapore have announced that they have opened an investigation into Do Kwon's Terraform Labs. According to Bloomberg, the Singapore police sent an email on March 6Wayne IngramBybit suspends USD bank transfers, citing partner outage
Dubai-based cryptocurrency exchange Bybit has suspended U.S. dollar deposits via bank transfers in response to a "service interruption by its partners."Martha GrizzardBNB Chain Hackathon Winner Accuses Binance of Stealing AI-Driven NFT Idea
Cryptocurrency exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching BicassoWayne IngramGalaxy Tips Bitcoin NFT Market to Hit $4.5B by 2025
In a "base case" scenario, Galaxy Digital's research arm predicts that the nascent Bitcoin non-fungible token (NFT) market will reach a market capitalization of $4.5 billionJerry McNeillBinance Launches Anti-Scam Campaign After Hong Kong Pilot Run
Binance, in partnership with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential victims,Martha GrizzardSEC Opposition to Voyager-Binance.US Deal Challenged by U.S. Judge
The bankruptcy judge handling the Voyager Digital case has reportedly accused U.S. securities regulators of ambiguous reasons for objecting to the cryptocurrencyBarry StidhamBinance Custody Partner Clarifies Singapore Licensing Plan
Amid various reports that Binance is trying to revive its cryptocurrency licensing program in Singapore, the cryptocurrency exchange has broken records.Craig GreenRobinhood Wallet launches on iOS, Android later
Trading platform Robinhood has launched its Web3 wallet on Apple's App Store, available to iOS users in more than 130 countries.Cornell RachelProvenance Blockchain Foundation Announces $50M in Grants for Blockchain Development
The Provenance Blockchain Foundation has announced a $50 million grant program for blockchain developers to support the development of regulated financial services on the blockchain.Hallie GillCoinbase no longer accepts payments through Silvergate Bank
Cryptocurrency exchange Coinbase has announced that it has terminated its relationship with Silvergate Bank as its USD banking partner due to an ongoing investigation.Cornell RachelXapo Bank Enables Faster Bitcoin Payments with Lightning Network
Gibraltar-Based International Private Bank Xapo Bank Has Integrated Lightning Network to Boost Its Bitcoin Capabilities.Martha GrizzardUK's HSBC and Nationwide to ban cryptocurrency purchases with credit cards
British banks HSBC Holdings and the Nationwide Building Society have banned retail customers from buying cryptocurrencies with credit cards.James DeanBitcoin Holds Below $24,000 as PCE Data Helps Dollar Rally to Near 7-Week High
Bitcoin Fails to Breakout After "Hot" PCE Data Hit U.S. Stocks and Pulls DXY Back from Collapse. Data from Cointelegraph Markets Pro and TradingView follows BTC/USDSherry CantwellBlock's Q4 Bitcoin Revenue Drops 7% as Crypto Prices Fall
Jack Dorsey's Payments Firm Block Inc. Reports Bitcoin Worth $1.83 BillionJames DeanCoinbase's New Blockchain Seen as 'Massive Vote of Confidence' in Ethereum
The Ethereum community seems bullish on Coinbase’s newly announced layer 2 network Base, described as a “massive vote of confidence” and a “watershed moment” for blockchain networks.Christopher SmithGBTC approval could return investors 'billions': Grayscale CEO
Grayscale Investments boss Michael Sonnenshein said that if GBTC gets the green light to "convert" into a spot bitcoin ETF, there will be "no longer" a discount or premium in the ongoing legal battle against the SEC.Cornell RachelThe crypto industry lost over $650B after two major scandals in 2022
A recent report from the Bank for International Settlements (BIS) revealed that the crypto industry lost more than $650 billion following two major scandals that rocked markets last year.Martha Grizzard
