Report: Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam

The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the police... Read more »

Binance CEO denies interest in CoinDesk

Ad Binance CEO Changpeng ‘CZ’ Zhao has denied interest in purchasing the crypto media outlet, CoinDesk. In a March 14 tweet, Zhao denied Blockwork’s report that his exchange was trying to acquire... Read more »

Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts

The price of Bitcoin (BTC) increased by 14.4% between March 12-13 after it was confirmed that financial regulators had rescued depositors in the failing Silicon Valley Bank (SVB). The intraday high of... Read more »

Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital

Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and available for use despite the closure of the bank. In a March 13  statement, the BTC... Read more »

Gemini says no funds at Signature Bank backing GUSD

Crypto exchange Gemini had no funds at Signature Bank, and its Gemini US Dollar (GUSD) stablecoin was not backed by any deposits at the failed bank, according to a March 13 official... Read more »

FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games

The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency.... Read more »

Regulators take control of Signature Bank

Ad Signature Bank — a New York-based lender focused on servicing companies in the crypto industry — has shut down. The New York State Department of Financial Services closed the bank on... Read more »

Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward

A solo Bitcoin miner has managed to mine the 780,112th block in the Bitcoin blockchain, receiving a 6.25 Bitcoin (BTC) block reward in return. The estimated value of the payout is over... Read more »

Watch these 5 cryptocurrencies for a potential price rebound next week

Traders dumped risky assets following the crisis and failure of Silicon Valley Bank (SVB). The S&P 500 Index plunged 4.55% while Bitcoin (BTC) is down about 9% this week.  The collapse of... Read more »

Nine out of top 10 stablecoins trading below peg as USDC contagion spreads – Tether sole survivor

Ad Nine of the top 10 stablecoins by market cap are trading below their dollar peg as the market reels from the contagion sparked by the depeg of Circle’s USDC stablecoin on... Read more »