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CRYPTO
OneCoin head of compliance facing 40 year sentence after US extradition
United States federal prosecutors have charged a former executive of the fraudulent cryptocurrency scheme OneCoin for her role in the operation, who now faces up to 40 years in prison after being extradited from Bulgaria.On March 21 the…
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Magic Eden launches marketplace for Bitcoin Ordinals
Nonfungible token marketplace Magic Eden has launched its own “fully audited” marketplace for Bitcoin Ordinals, leveraging the surging interest in “Bitcoin NFTs.” The newly launched marketplace allows Bitcoin (BTC) NFT traders to buy and…
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‘Operation Choke Point 2.0’ may have contributed to SVB collapse: Mulvaney
If the United States government really is implementing "Operation Choke Point 2.0" it will hurt financial stability and may have contributed to the collapse of Silicon Valley Bank (SVB) according to Donald Trump’s former Acting White…
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Bitcoin’s banking crisis surge will ‘attract more institutions’: ARK’s…
The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis, which will only “attract more institutions” to the BTC market over time, ARK Invest CEO Cathie Wood believes.Wood shared her thoughts on BTC’s…
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CryptoUK calls on regulators to address de-banking of digital asset firms
The self-regulatory trade association CryptoUK has proposed providing a “white list” of registered firms in the United Kingdom to address banks limiting or banning transactions to crypto companies.In separate letters to U.K. Economic…
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Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself
Sushi DAO proposed the creation of a legal defense fund on March 21 in response to the “recent” subpoena of Sushi head Jared Grey and the decentralized autonomous organization (DAO) itself by the United States Securities and Exchange…
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Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge
A bankruptcy judge overseeing the bankruptcy case for crypto lending platform Celsius Network has approved a settlement plan allowing custody account holders to get back 72.5% of their crypto holdings.In a March 21 hearing, United States…
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Coinbase teams up with Brazilian central bank’s Pix to offer expanded services
Coinbase is expanding its services in Brazil through partnerships with local services, the company announced March 21. Round-the-clock customer support in Portuguese and easier onboarding are among its upgrades.Coinbase has inked deals…
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Web2 giants coming into Web3 could benefit ecosystem — PBW founder
Paris Blockchain Week (PBW), an annual gathering of professionals within the blockchain industry, has kicked off its fourth edition, with industry leaders and entrepreneurs from across the world gathering to discuss the latest trends and…
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CCP Games secures $40M funding for upcoming Web3 game
Independent game developer CCP Games, known for its multiplayer online game EVE Online, has announced that it has secured $40 million in financing from external partners to develop a new triple-A title set in the EVE Universe. We're…
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