Naver Financial delayed its Dunamu share swap by about three months as antitrust and crypto law reviews continue and Upbit operator profits decline. South Korea’s Naver Financial has pushed back the timeline for its planned share swap with Dunamu, the operator of crypto exchange Upbit, according to a regulatory filing posted on Monday.  In a...Continue Reading

Digital asset products saw $414 million in outflows last week as inflation fears, US Fed rate hike expectations and Middle East tensions drove a shift toward risk-off sentiment. Crypto investment products saw their first weekly outflows in five weeks last week, with $414 million exiting the market as investors grew cautious over rising inflation risks...Continue Reading

Bitcoin prepared its first six straight months of losses since its 2018 bear market as Iran war woes kept markets firmly in check. Bitcoin (BTC) heads into the March monthly close as it risks its sixth straight month of losses. BTC price action touches $65,000 to start the week as traders expect a copycat bear...Continue Reading

The Ethereum Foundation deployed $46.2 million in ETH across 11 deposits as it accelerates a 70,000 ETH staking plan. The Ethereum Foundation has accelerated its treasury staking push, deploying $46.2 million in Ether in its largest move to date after the recent BitMine sale. On Monday, the foundation’s treasury multisignature wallet made 11 deposits into...Continue Reading

Bitcoin Bond Company CEO Pierre Rochard says US regulators’ Basel III revamp cannot quietly decide how banks treat Bitcoin without clearly explaining the rules and evidence behind them. Pierre Rochard, CEO of The Bitcoin Bond Company, warned US banking regulators that their sweeping Basel III capital rewrite leaves unresolved how Bitcoin-related activities should be treated,...Continue Reading

Ethereum is flashing a warning of a familiar bull trap that preceded 45% and 48% drops in the past, raising risks of a fresh breakdown. Ethereum’s native token, Ether (ETH), may decline 40% to $1,200 in the coming weeks, according to a fractal setup shared by analyst Leshka.eth. Key takeaways: Ethereum is mirroring a pattern...Continue Reading

The Google Play Store page states that the app collects personal data, such as a phone number, while the App Store directs users to the White House’s privacy policy A new app from the US government has sparked concerns over its potential location-tracking features, security vulnerabilities and user data collection. The White House launched the...Continue Reading

The Polymarket trader quickly bought $676 worth of one-cent shares in Tyrell Fortune winning the fight after he realized the UFC announcer called out the wrong winner. A Polymarket trader turned $676 into $67,608 on Saturday by capitalizing on a rare mistake during a UFC heavyweight bout, where the wrong fighter was initially announced as...Continue Reading

OKX’s X Layer is the 21st blockchain to integrate Aave, which recently surpassed the $1 trillion mark in cumulative lending volume. Aave, the largest decentralized lending protocol with $23.5 billion in total value locked, has launched on X Layer, an Ethereum layer-2 blockchain launched by crypto trading platform OKX.  It marks a significant milestone for...Continue Reading

The Senate Banking Committee hearing for the Fed chair nominee is expected around mid-April. Senator Elizabeth Warren has pushed back against the proposed Fed appointment.  The Senate Banking Committee is reportedly planning to hold its hearing on the nomination of Kevin Warsh as Federal Reserve chair as soon as the week of April 13, according...Continue Reading