Author Archives: admin

Russian Gotbit founder strikes $23M plea deal with US prosecutors

Aleksei Andriunin, a Russian national charged with manipulating cryptocurrency through the Gotbit market maker platform, has reportedly struck a plea deal with prosecutors in the United States. Gotbit founder and CEO Andriunin has agreed to forfeit about $23 million in Tether USDt (USDT) and Circle’s USDC (USDC) in a plea deal with Massachusetts federal prosecutors, […]

89% of stolen $1.4B crypto still traceable post-hack

The lion’s share of the hacked Bybit funds is still traceable after the historic cybertheft, as blockchain investigators continue their efforts to freeze and recover these funds. The crypto industry was rocked by the largest hack in history on Feb. 21, when Bybit lost over $1.4 billion in liquid-staked Ether (stETH), Mantle Staked ETH (mETH) […]

Dubai Land Department begins real estate tokenization project

The Dubai government has started the pilot phase of a project that will convert real estate assets into digital tokens on the blockchain.  The Dubai Land Department (DLD), a government entity responsible for registering, organizing and promoting Dubai real estate, announced that it started the pilot phase of its real-estate tokenization project.  The project was […]

Pakistan eyes crypto legal framework to spur foreign investors

Pakistan is planning to create a legal framework for crypto to try to lure international investors to the Central Asian country. “Pakistan is done sitting on the sidelines; we want to have regulatory clarity; we need to have a legal framework that is pro-business,” Pakistan Crypto Council CEO Bilal Bin Saqib told Bloomberg on March […]

Bitnomial drops SEC lawsuit ahead of XRP futures launch in the US

Crypto exchange Bitnomial has voluntarily dismissed its lawsuit against the US Securities and Exchange Commission ahead of launching its Ripple XRP futures in the United States. The Chicago-based firm said in a March 19 statement to X that its XRP (XRP) futures are regulated by the US Commodity Futures Trading Commission and will be available […]

Leveraged bets on FOMC meeting ‘guaranteed recipe to lose money’ — Trader

A crypto trader warns that going heavy on leverage before the monthly United States interest rate decision is a surefire way to lose money in crypto trading.  After the Federal Reserve’s statement confirmed the US central bank intends to leave interest rates unchanged in its target range between 4.25% to 4.5%, Bitcoin’s price barely moved, […]

Kraken nears $1.5B deal allowing it to offer US crypto futures: Report

Crypto exchange Kraken is reportedly closing in on a $1.5 billion acquisition of trading platform NinjaTrader, a move that would expand Kraken’s customer base and enable it to offer crypto futures and derivatives in the US. The deal could be confirmed by the morning of March 20 in the US, The Wall Street Journal said […]

‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlash

Solana Labs CEO Anatoly Yakovenko has broken his silence over the “America Is Back — Time to Accelerate” advertisement, which blended American patriotism and tech innovation with political messaging around gender identity. “The ad was bad, and it’s still gnawing at my soul,” Yakovenko said in a March 19 X post after receiving immense backlash […]

Bitcoin long-term holder behavior shift signals ‘unique market dynamic’ — Research

Bitcoin’s corrective phase set a four-month low at $76,600 on March 11. Despite this decline, long-term holders have continued to hold large amounts of BTC, suggesting a “unique market dynamic moving forward,” new research says. “Long-Term Holder activity remains largely subdued, with a notable decline in their sell-side pressure,” Glassnode said in a March 18 […]