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28.03 / 03:55

business Law Court Bankruptcy Bitcoin BlockFi to provide over $100K in refunds to California clients

Bankrupt crypto lender BlockFi has agreed to refund more than $100,000 to California customers that had continued to repay loans even after a trading halt on Nov. 10 last year.

27.03 / 23:31

business Blockchain Binance CFTC regulation us government AML Breaking: Binance CEO CZ rejects allegations of market manipulation

Binance CEO Changpeng 'CZ' Zhao has rejected allegations from the Commodities Futures and Trading Commission complaint, arguing the company "does not trade for profit or 'manipulate' the market under any circumstances."

27.03 / 22:19

business Stablecoin defi regulation DAO MakerDAO MakerDAO passes new 'constitution' to formalize governance process

MakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has passed a new proposed “constitution” intended to formalize governance processes and help prevent hostile actors from taking over the protocol, according to the official forum page for the proposal.

27.03 / 18:03

markets business Technology Ethereum Trading Bitcoin Traditional finance fears drive digital asset investment inflows to $160M

On March 27, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that digital assets continue to attract investors' attention as concerns over the stability of traditional finance (TradFi) continues to grow.

27.03 / 16:23

business Binance CFTC regulation exchanges regulatory Binance and CZ sued by CFTC over US regulatory violations

The United States Commodity Futures Trading Commission has filed suit against Binance and CEO Changpeng “CZ” Zhao for trading violations, according to a Bloomberg report. The suit was filed in the U.S. District Court for the Northern District of Illinois.

27.03 / 14:31

business Government Blockchain Technology Adoption regulation AML compliance Top 7 legal and compliance jobs in the crypto market

Cryptocurrencies are a rapidly growing market that is changing how people invest, buy and sell goods and services, and transfer money. However, with the growth of this market comes an increasing need for legal and regulatory compliance, particularly concerning issues such as money laundering, fraud and data protection.

27.03 / 14:31

business Government Law Adoption us government Banks Friend A friend in need: How the crypto industry reacts to recent bank bailouts

In its early days, crypto enthusiasm was fuelled by the promise to cut the rigged banking system out of the people’s basic need to exchange goods and funds. To some degree, it still is. But as digital assets become more and more intertwined with a larger financial market, this tension gradually fades away.

27.03 / 14:31

business Europe European Union Banks UBS Credit Suisse UBS’s acquisition of Credit Suisse brings some good and bad for crypto

On Sunday, March 19, the 167-year history of banking giant Credit Suisse ended with a takeover by the largest Swiss bank, UBS. Under pressure from the Swiss government, UBS took over its ailing competitor for 3 billion Swiss francs ($3.25 billion) — less than half the $8 billion market value of Credit Suisse just two days before, on Friday, March 17.

27.03 / 13:01

business SEC MicroStrategy Silvergate Bitcoin Bitcoin Price Michael Saylor’s MicroStrategy repays Silvergate loan and buys 6.5K BTC

MicroStrategy, a business intelligence firm and a major Bitcoin (BTC) investor, is acquiring more BTC amid the recent cryptocurrency market recovery.

27.03 / 10:59

business Binance Bitcoin Crypto exchange Binance launches new regional hub in Georgia

Cryptocurrency exchange Binance continues expanding its global reach by setting up a new blockchain hub in crypto-friendly Georgia.

27.03 / 10:59

business defi Investments Europe European Union European DeFi startups saw 120% increase in VC investment in 2022: Data

2022 was a turbulent year for the crypto space, from an ongoing bear market and high-profile collapses of some of the industry’s most prominent players, like Terra and FTX. Despite the setbacks, venture capital (VC) investors continued to show support for crypto startups.

27.03 / 08:21

business Stablecoin regulation LUNC Terra Terra co-founder in S.Korean crosshairs following Do Kwon arrest

Following Terraform Labs’ co-founder Do Kwon’s arrest in Montenegro while trying to board a plane using fake documents, South Korean authorities have turned up efforts to track down and arrest Shin Hyun-Seong, also known as Daniel Shin — Terra’s other co-founder.

27.03 / 06:35

business regulation exchanges Bitcoin Hong Kong Crypto Hong Kong crypto firms seeing interest from Chinese banks: Report

Crypto firms setting up in Hong Kong ahead of a new licensing regime for crypto exchanges in June have reportedly found some unexpected allies in the region — Chinese state-owned banks.

27.03 / 05:45

business UPS Reuters Citizens SVB open Breaking: First Citizens snaps up Silicon Valley Bank — Branches open Monday

North Carolina-based First Citizens Bank is set to acquire all deposits and loans of Silicon Valley Bank, according to a statement from the Federal Deposit and Insurance Corporation (FDIC).

27.03 / 05:45

business Blockchain defi Altcoin security Scams lending exit $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 the platform via a smart contract loophole.

27.03 / 03:31

business Blockchain Adoption Gaming Mobile Games Blockchain Game Minecraft, GTA may change their tune on blockchain yet: GameFi execs

While several mainstream game studios have taken a noticeable step back integrating blockchain tech, three blockchain gaming executives say it's only a matter of time before they change their tune.

27.03 / 02:21

business Blockchain Ethereum Stablecoin defi coinbase inflation network 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 launched layer-2 network Base.

26.03 / 21:29

business Investments Banks money market Banking crisis pushed over $286B to money market funds in two weeks: Report

The banking crisis has led many investors to rotate their portfolio investments in the past two weeks, sending over $286 billion into United States money market funds so far in March, according to EPFR data obtained by the Financial Times.

26.03 / 18:27

business Government Adoption 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, Kyoto news agency reports on March 25.

26.03 / 17:55

business Blockchain Adoption community global crypto community Community-driven crypto projects still thriving despite headwinds

The highly anticipated launch and airdrop of Arbitrum's native governance token ARB took place on March 23, creating a buzz around the layer-2 protocol as hundreds of thousands of eligible users and DAOs tried to claim the token. Overwhelming user demand led the airdrop claim page to crash shortly after its launch, displaying 404 and 429 errors for over an hour, Cointelegraph reported.

26.03 / 13:23

business Government Blockchain Technology Adoption economics Bitcoin 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 can be challenging, but it is essential for making informed decisions about personal finance, investing and public policy.

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