Coinbase’s Wells notice hints at enforcement action on the horizon, Terraform Labs CEO Do Kwon arrested in Montenegro and FTX seeks to sell $95 million in Mysten Labs stocks. Top Stories This Week Coinbase could face SEC enforcement action for ‘potential violations of securities law’ Crypto exchange Coinbase received a Wells notice from the United...Continue Reading

ETH worth over $101 million had been returned to the lending protocol as of March 25. The exploiter still controls part of the stolen assets. The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data.  In a transaction on March 25,...Continue Reading

According to Venezuela’s attorney general office, government officials were running parallel oil operations with the assistance of the national crypto department. Venezuela’s energy supplier has shut down crypto mining facilities throughout the country as part of a reorganization of the national crypto department and ongoing corruption investigations involving the country’s oil company. According to local...Continue Reading

The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank’s application for membership. The United States Federal Reserve released an 86-page report on March 24 detailing the reasons for denying Custodia Bank’s application for membership in January, including the bank’s involvement in the crypto space.  According...Continue Reading

Bitcoin market volatility dries up as sideways trading cools bullish BTC price predictions in the near term. Bitcoin (BTC) drifted lower on March 25 as eerily calm conditions saw liquidations evaporate. BTC/USD 1-hour candle chart (Binance). Source: TradingView Bitcoin in “slow chop” until Monday Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it...Continue Reading

Fiscal policy shapes economies through government spending, taxation and borrowing. Fiscal policy is a tool used by governments to regulate economic activities in their country. It involves the use of government spending, taxation and borrowing to influence economic growth, stabilize inflation and maintain a stable economy. This article will explain what fiscal policy is, how...Continue Reading

The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive. The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server. On March 25, blockchain-focused security firm...Continue Reading

From Beeple to Lil Yachty, Gemini’s NFT marketplace Nifty Gateway has a lot to offer for crypto artists. Nonfungible token (NFT) marketplaces transacted roughly $82 million in 2020 and a staggering $17.6 billion in 2021, indicating a rising demand and high user interest in NFTs. This meteoric rise of digital asset trading ranged from whimsical...Continue Reading

Sony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities. Sony Interactive Entertainment, the video game goliath running the PlayStation brand, filed a patent for a framework allowing users to transfer and utilize nonfungible tokens (NFTs) across multiple game platforms.  Over several years, Sony’s interest in...Continue Reading

While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation. A nonfungible token (NFT) from the CryptoPunks collection worth 77 Ether (ETH) was sent to a burn address to be permanently destroyed. However, the collector’s intent was just to borrow some...Continue Reading