Solana (SOL) has dropped by 6.5% in the last 24 hours to reach around $127 on March 17, mirroring losses across the cryptocurrency market. SOL/USD daily chart. Source: Cointelegraph/TradingView The top reasons driving the SOL prices lower today include: Decreasing investor interest in SOL’s decentralized finance (DeFi) ecosystem. Decreasing open interest and negative funding rates. […]
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Layer-1 blockchain Solana is marking its fifth anniversary since launching its mainnet in 2020. Over the years, it has become one of the most active blockchain networks by transaction volume and is among the few cryptocurrencies proposed for inclusion in a US digital asset reserve. Since the first Solana block was built on March 16, […]
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve. Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high volatility. Responding to a question from […]
Crypto platform Debiex has been ordered to pay around $2.5 million after it failed to respond to a US Commodity Futures Trading Commission suit accusing it of being a romance scam ring. Arizona federal court Judge Douglas Rayes on March 13 granted the CFTC’s earlier motion for summary judgment in its case and ordered Debiex […]
Crypto users have reported a rise in scam emails made to look like they’re from crypto exchanges Coinbase and Gemini that attempt to get users to set up a new wallet with pre-generated recovery phrases controlled by scammers. In several examples posted to X, the email claims to be from Coinbase, asking users to transition […]
A UK man’s bid to obtain a permit to search a landfill for his hard drive — holding private keys to 8,000 Bitcoin — has been rejected by the UK Court of Appeals. “Appeal request to the Royal Court of Appeal: refused,” Howells said in a March 14 X post. “The Great British Injustice System […]
Four suspects were charged in connection with the home invasion of online streamer Amouranth, whose real name is Kaitlyn Siragusa. The streamer says she was held at gunpoint by several individuals demanding that she hand over the private keys to her crypto. According to Fox 26, the suspects include Dylan Nesho Campbell, Bryan Anthony Salazar […]
Four suspects were charged in connection with the home invasion of online streamer Amouranth, whose real name is Kaitlyn Siragusa. The streamer says she was held at gunpoint by several individuals demanding that she hand over the private keys to her crypto. According to Fox 26, the suspects include Dylan Nesho Campbell, Bryan Anthony Salazar […]
Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to protect the integrity of the protocol was the preferable option. According to Lopp, allowing individuals or institutions with quantum computers to recover lost coins violates the Bitcoin […]
Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience. Selling could accelerate if the […]