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3 Things That Could Impact Crypto Markets This Week
Crypto markets saw a shake-up this past weekend, reflecting the pressures of an uncertain economic landscape. As the new week commenced, prices took a downturn amidst concerns about market volatility driven by geopolitical factors and domestic economic indicators. Recent tariff announcements from US President Trump triggered ripples of unease throughout financial markets. Despite the jolt,…
Continue ReadingFrom pandemic origins to US crypto stockpile
Layer-1 blockchain Solana is commemorating its fifth anniversary since the mainnet launch in March 2020. In this relatively short period, Solana has emerged as one of the most active blockchain networks, processing over 408 billion transactions and handling nearly $1 trillion in trading value on decentralized exchanges. This impressive activity has led to discussions about…
Continue ReadingBank of Korea to take ‘cautious approach’ to Bitcoin reserve
The Bank of Korea is currently adopting a "cautious approach" towards the potential inclusion of Bitcoin (BTC) as a foreign exchange reserve. In a response dated March 16 to a written inquiry from Representative Cha Gyu-geun, a member of the National Assembly’s Planning and Finance Committee, central bank officials stated that Bitcoin has not been…
Continue ReadingCrypto platform Debiex must pay $2.5M in CFTC ‘pig butchering’ case
An Arizona federal court recently ordered the cryptocurrency platform Debiex to pay approximately $2.5 million following allegations of its involvement in a romance scam scheme. The U.S. Commodity Futures Trading Commission (CFTC) accused Debiex of perpetrating a scheme known as “pig butchering,” where staff created deceptive romantic connections with victims over social media to solicit…
Continue ReadingCrypto users report new scam emails spoofing Coinbase, Gemini
Users in the cryptocurrency space have increasingly reported receiving deceptive emails designed to appear as if they come from reputable exchanges such as Coinbase and Gemini. These emails typically purport to urge users to create new wallets using pre-generated recovery phrases that are controlled by the scammers themselves. In many instances, users share screenshots of…
Continue ReadingBitcoin landfill man loses appeal, says he has one ‘last legal option’
A UK man’s ambitious attempt to search a landfill in pursuit of a lost hard drive — containing the private keys to 8,000 Bitcoin — has faced yet another setback. The UK Court of Appeals recently denied James Howells’ petition to obtain a permit to search the Docksway landfill in Newport, Wales, where he believes…
Continue ReadingFour suspects charged in home invasion of streamer Amouranth
Four suspects have been charged in connection with the alarming home invasion of prominent online streamer Kaitlyn Siragusa, known as Amouranth. The incident, which occurred on March 2, saw Siragusa held at gunpoint as armed intruders demanded access to her cryptocurrency holdings. According to reports from Fox 26, the suspects include Dylan Nesho Campbell, Bryan…
Continue ReadingBurning quantum-vulnerable BTC is the best option — Jameson Lopp
Jameson Lopp, the chief security officer at Bitcoin custody company Casa, has recently taken a firm stance against the idea of permitting quantum recovery of lost Bitcoin (BTC). Instead, he argues that the preferable action would be to destroy these coins to maintain the integrity of the Bitcoin protocol. His position challenges emerging discussions surrounding…
Continue ReadingRussia Leveraging Crypto for Oil Trade to Bypass Sanctions
Russia has reportedly turned to cryptocurrencies as a means to facilitate oil trade with major partners like India and China, ostensibly aiming to bypass Western sanctions that have constricted its economic activities. While traditional fiat currencies such as the UAE dirham maintain dominance in most transactions, there is an observable uptick in the use of…
Continue ReadingBitcoin reclaims $80K zone as BNB, TON, GT, ATOM hint at altcoin season
Bitcoin’s current performance hints at a critical juncture as it faces challenges in breaking through key resistance levels. Struggling to surpass the 200-day simple moving average set at $84,000, the market sentiment remains mixed, with bulls holding their ground against persistent bearish pressures. According to Ryan Lee, chief analyst at Bitget Research, Bitcoin must close…
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