An Arbitrum spokesperson confirmed that the proposal to fund Tornado Cash developers’ legal defense had been deleted at the author’s request. The Arbitrum DAO has removed a proposal seeking to fund the legal defense costs of Tornado Cash’s developers.  The proposal sought to allocate nearly $1.3 million worth of ARB tokens from the community wallet...Continue Reading

OP, TAO, STX, MNT and other altcoin charts flash bullish signs as Bitcoin attempts to recapture the $70,000 level. Bitcoin (BTC) has managed to hold on to its gains this week, indicating that traders are in no mood to book profits even as the price reaches near $70,000. The number of Bitcoin whales, unique addresses...Continue Reading

According to data from BitMEX, BlackRock’s IBIT now has nearly 198,000 Bitcoin, outpacing MicroStrategy’s holdings. BlackRock’s spot Bitcoin exchange-traded fund (ETF) has outpaced MicroStrategy’s holdings of the cryptocurrency. According to data compiled by BitMEX Research, BlackRock’s IBIT holds 197,943 Bitcoin, worth over $13.5 billion as of March 8, nearly 40 trading sessions after the Securities and...Continue Reading

Portugal’s general elections are crucial for the country’s blockchain and digital assets industry. Voting opened for the Portugal general elections on the morning of March 10, 2024, just one month ahead of the 50th anniversary of the Carnation Revolution — which marked the end of the Salazar dictatorship. The elections represent a significant shift in...Continue Reading

ARK has “brought forward” its expectations for where Bitcoin will be by 2030, as BTC price strength sees another all-time high in play into the weekly close. Bitcoin (BTC) will hit $1 million sooner than 2030, the CEO of asset manager ARK Invest has said. In an interview with the New Zealand Herald on March...Continue Reading

XRP’s price is trailing the broader crypto market’s gains, but fractal analysis suggests it may soon gather upward momentum. XRP (XRP) price has notably lagged in the ongoing cryptocurrency market rally, failing to revisit its peak value set in January 2018. But could 2024 be any different? XRP’s price returns in 2024 sit at just...Continue Reading

According to local crypto stakeholder Nathaniel Luz, Nigeria’s crypto ecosystem will see the rise of new crypto exchanges that will fill the vacuum created by Binance’s exit. Local cryptocurrency stakeholders have lamented the current ban on Binance naira operations in Nigeria, stating it will affect the means of livelihood of many Nigerians and may increase...Continue Reading

The adjustments include changes to Maker Vaults, SparkLend DAI Borrow Rate, the PSM, the Dai Savings Rate (DSR), and the Governance Security Module (GSM) Pause Delay. MakerDAO, the body responsible for the development of the MKR token, has passed a new Executive Vote to introduce temporary fee adjustments to strengthen the protocol due to heightened...Continue Reading

According to a recent statement, the OpenAI board was unaware of the extent to which abruptly removing Sam Altman would destabilize the company. Sam Altman has returned to the OpenAI board, following a whirlwind series of events in November last year, where he was initially let go from the company, only to be reinstated within...Continue Reading

The United States appeals court declared that the rationale given by the district court for dismissing the lawsuit against crypto exchange Binance was “erroneous.” A United States appeals court has overturned a ruling that dismissed a class-action lawsuit led by investors against cryptocurrency exchange Binance. The investors claimed they were deceived into thinking they were...Continue Reading