Polygon, ex-Meta executives defend Coinbase following SEC Wells notice

Ad Several notable cryptocurrency industry figures have come to the defense of Coinbase following the company’s receipt of a Wells notice. Polygon comes to the defense of Coinbase The Wells notice received... Read more »

Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy

A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes.... Read more »

Kraken to suspend Plaid withdrawals and deposits via ACH Silvergate

Major cryptocurrency exchange Kraken is experiencing difficulties with the withdrawal and deposit channel related to the automated clearing house (ACH) via Silvergate. Kraken has reportedly notified its users that it will be... Read more »

Avalanche C, X-chains experience brief outage due to network bug

Ad Avalanche chains X and C experienced brief outages and a period of degraded performance on March 23, as the result of a bug in the network’s 1.9.12 version. Avalanche’s C-chain experienced... Read more »

US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency

U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial... Read more »

Bitcoin price whipsaws as Fed says rate hikes may not be ‘appropriate’

Bitcoin (BTC) saw heavy volatility on March 22 as the United States Federal Reserve hinted that it might stop interest rate hikes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell on rates:... Read more »

SEC sues TRON founder Justin Sun over TRX, BTT

Ad The U.S. Securities and Exchange Commission (SEC) has sued Justin Sun, founder and former CEO of TRON, and related companies as seen in a statement dated March 22. SEC highlights unregistered... Read more »

Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023

The first day of Paris Blockchain Week (PBW) is bringing more thoughts on the ongoing crisis in the global banking system, with industry executives comparing the collapses of major cryptocurrency firms like... Read more »

Bitcoin $30K bets greet FOMC as analyst warns over long liquidations

Bitcoin (BTC) may “take out shorts” to crack $30,000 during the day’s key United States macroeconomic policy updates, analysis says. As bets pile up over how BTC price will react to the... Read more »

North Korean Lazarus Group tries to phish Euler exploiter

Ad A wallet connected to the Ronin bridge exploiter sent 2 Ethereum (ETH) — worth $3,586 — to Euler Finance (EUL) hacker on March 17, according to on-chain data. The transaction was... Read more »