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Crypto News
Will BTC ditch the bear market? 5 things to know in Bitcoin this week
Bitcoin (BTC) enters the last week of March in uncertain territory as a strong weekly close still keeps $30,000 out of reach.The largest cryptocurrency has sealed seven days of practically flat…
NFT investor accidentally burns $135k CryptoPunk trying to borrow money
A nonfungible token (NFT) from the CryptoPunks collection worth 77 Ether (ETH) was sent to a burn address to be permanently destroyed. However, the collector’s intent was just to borrow some money…
Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Chinese crypto billionaire sued by SEC
On Mar. 22, the U.S. Securities and Exchange…
Coinbase CEO calls for action in electing pro-crypto lawmakers following SEC Wells Notice
Brian Armstrong, the chief executive officer of United States-based cryptocurrency exchange Coinbase, has renewed calls for crypto users to “elect pro-crypto candidates.”In a March 23 Twitter…
US Senator Ted Cruz tries again with new bill to block CBDC
Republican Senator Ted Cruz has introduced a bill to block the United States Federal Reserve from launching a “direct-to-consumer” central bank digital currency (CBDC).In a March 21 statement, Cruz…
Taiwan watchdog FSC to assume authority on crypto regulation
The Financial Supervisory Commission of Taiwan (FSC) will become the primary regulator of cryptocurrencies in the island country, according to the head of the authority.FSC chairman Huang Tien-mu…
Venezuela overhauls national crypto department
Venezuela's president Nicolás Maduro has announced the reorganization of the National Superintendency of Crypto Assets, known as Sunacrip in Spanish, according to a decree issued on March 17.A new…
SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Silicon Valley Bank UK (SVB UK) has granted millions of pounds in employee bonuses, just days after it was rescued by global banking giant HSBC for just 1 pound, according to unnamed sources.In a…
Binance’s response to U.S. Senators lacks financial information: Report
Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in the country, including its balance sheet. According to a…
Euler Finance hacker starts returning stolen Ether
The recent attack that drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far. However, this may not hold for much longer as the hacker…