A federal judge struck down Silvergate’s dismissal bid of a lawsuit claiming it aided fraud at FTX saying the allegations were adequate to proceed. Silvergate Bank must face a class-action lawsuit from FTX users who claim the now-defunct bank aided fraud at the exchange and its connected trading firm Alameda Research. In a March 20...Continue Reading

a16z’s Packy McCormick and Coinbase’s Scott Shapiro were among those targeted by phishing scammers who used their accounts to spread malicious crypto phishing links on X. A third-party auto-posting service — known as IFTTT (If This Then That) — has been blamed for a new flood of scam posts on X, which encouraged potential victims...Continue Reading

It’s been another big day of outflows from Grayscale’s Bitcoin ETF, but ETF analyst Eric Balchunas believes they will taper off soon. Crypto asset manager Grayscale’s Bitcoin (BTC) exchange-traded fund (ETF) has notched another day of high outflows as nearly $359 million exited the fund on March 21, but analysts think the exodus could soon...Continue Reading

The regulator does not want to undermine its arguments in ongoing legal action against Coinbase and Binance. The reported probe into Ethereum and its foundation could be a way for the securities regulator to comfortably deny spot Ether (ETH) ETFs and satisfy senator blowback without undermining its ongoing lawsuits, according to a crypto lawyer. On...Continue Reading

A Redditor suggested selling 5% of one’s Bitcoin during times of “Extreme Greed” produces higher ROI than just HODLing it like everyone else. Selling off a portion of Bitcoin (BTC) when the market is in a state of “Extreme Greed” is a more profitable investment strategy than just buying and HODLing it, a Redditor’s analysis...Continue Reading

Apple’s App Store rules enforcement are arbitrary “penalize and restrict developers” that compete with the tech giant’s “monopoly power,” the DOJ alleged. The United States Department of Justice has slapped tech giant Apple with an extensive antitrust lawsuit claiming its app market rules and “monopoly” illegally throttled competition and suffocated innovation. The March 21 complaint...Continue Reading

Major mining firms expect the Bitcoin halving to reduce profitability and cause an increase in network fees, which could challenge the existence of less efficient miners. The Bitcoin halving will likely wreak havoc on small, less efficient Bitcoin miners but should be no issue for wellestablished players, according to industry executives. In under a month,...Continue Reading

A decentralized messaging app has soared into the top three most actively-developed crypto projects of the last month. An almost-forgotten crypto “communication” app born during the initial coin offering (ICO) boom has n surged to become one of the most actively developed projects in the crypto ecosystem.  According to a March 21 post from crypto...Continue Reading

Major mining firms expect the Bitcoin halving to reduce profitability and cause an increase in network fees, which could challenge the existence of less efficient miners. The Bitcoin halving will likely wreak havoc on small, less efficient Bitcoin miners but should be no issue for wellestablished players, according to industry executives. In under a month,...Continue Reading

“Companies go bankrupt all the time,” says 3AC founder, Brit found guilty of laundering $6B in Bitcoin for fast food worker: Asia Express Our weekly roundup of news from East Asia curates the industrys most important developments. Kyle Davies, co-founder of bankrupt Singaporean hedge fund Three Arrows Capital (3AC), has washed his hands of responsibility...Continue Reading