FTX chief John Ray III wrote a scathing victim impact statement on the exchange’s co-founder Sam Bankman-Fried ahead of his sentencing date. FTX restructuring officer and CEO John Ray III has slammed an attempt from Sam Bankman-Fried’s lawyers to reduce his sentence, arguing victims “have suffered and continue to suffer.”  Ray wrote to Judge Lewis...Continue Reading

The SEC’s reported investigation into the Ethereum Foundation could explain why the regulator hasn’t been forthcoming with prospective spot Ether ETF issuers, some suggest. The reported probe into the Ethereum Foundation could be part of a “coordinated attack” on Ether (ETH) and may potentially be used as a reason to deny or delay spot Ether...Continue Reading

United States-listed spot Bitcoin ETFs have now bled around $742 million in just three trading days. United States spot Bitcoin (BTC) exchange-traded funds (ETFs) have now marked their third straight day of total net outflows, with $261.5 million leaving the ten approved funds on March 20. It brings three-day net outflows to $742 million as...Continue Reading

The devs argue that raising the gas limit to 40 million will cut Ethereum’s layer-1 transaction fees by around 15 to 33%. Ethereum developers have launched a new initiative in a bid to raise the blockchain network’s long-static gas limit, arguing that the change can be used to help scale Ethereum.  On March 20, core...Continue Reading

Economists wrote a letter to “commend” Honduras’ decision to withdraw from an international court where it has been fighting the U.S.-based firm behind Próspera. A group of 85 economists has backed the Honduran government’s decision to exit the World Bank’s arbitration body — adding a new twist to an ongoing battle between Honduras and the...Continue Reading

Crypto exchange Coinbase has announced plans to launch futures trading for Dogecoin, Litecoin and Bitcoin Cash as soon as April 1. Crypto exchange Coinbase believes Dogecoin’s (DOGE) “enduring popularity” suggests it has transcended its meme origins to become a staple in the cryptocurrency industry — and is now planning to launch futures trading products for the...Continue Reading

Sharp double-digit corrections in Bitcoin price are par for the course, as data shows BTC remaining in a strong bull cycle. Over the past 48 hours,Bitcoin (BTC) price dropped 13% from its new all-time high of $73,835 to briefly trade near $60,000. The correction was caused by overheated market conditions in what analysts have christened...Continue Reading

The transfers ranged from Bitcoin-based Ordinals Pepe (PEPE) coin to a CryptoDickbutts S3 NFT. Asset managment giant BlackRock is now the owner of at least $40,000 in memecoins and nonfungible tokens (NFTs), after onchain sleuths sniffed out one of its supposed wallets connected to a new tokenization fund.  Data shows a $100 million USD Coin (USDC) deposit was...Continue Reading

The first patient to be implanted with Musk’s Neuralink device described the experience as “using the force” to control his computer. Elon Musk’s Neuralink live-streamed new footage of its brain implant in action on Wednesday — showing a quadriplegic man playing computer games with only his mind. In a March 20 live stream to X,...Continue Reading