$920B is the number to watch now that crypto’s trillion dollar total market cap is gone

Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March... Read more »

CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman

The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as claimed by the chairman of the Securities and Exchange Commission (SEC). The... Read more »

Crypto lawyer rallies Ethereum investors in class action lawsuit against NYAG’s ‘securities’ label

Ad Lawyer John Deaton is beginning a class action lawsuit to fight allegations Ethereum is a security. The Managing Partner of the Deaton Law Firm posted a link to a Google Docs... Read more »

Bitcoin battles $20K as trader calls bank chaos ‘2008 all over again’

Bitcoin (BTC) struggled to reclaim $20,000 support at the March 10 Wall Street open as fears mounted over Silicon Valley Bank (SVB) contagion. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader targets... Read more »

Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty

The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns on any membership purchased,” the U.S.... Read more »

Hedera halts wallet and app access due to possible exploit

Ad Hedera is turning off access to most services, as announced in a tweet on March 9. Hedera is blocking wallet, app access Hedera said that it will turn off network proxies... Read more »

CBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman

United States Representative Tom Emmer believes the launch of programmable central bank digital currency in the country could strip American citizens of their financial privacy. Speaking on March 9 at the Cato... Read more »

Fed Chair Powell Provides Update on US Central Bank Digital Currency

Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed... Read more »

Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce

March started off on a low due to a resurrection of inflationary fears. On March 7, hawkish comments from U.S. Federal Reserve chairman Jerome Powell amplified the market’s expectation of a 50-basis... Read more »

Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report

Ad Bitcoin (BTC) mining firm Hut 8’s financial statements for 2022 showed that the miner earned less revenue despite its higher productivity levels, according to a March 9 statement. According to Yahoo... Read more »