Aleksei Andriunin, founder of the crypto-exchange Gotbit, was extradited to the USA from Portugal and appeared before the federal court in Boston. For him, Gotbit, and two other of its directors, Fedor Kedrov and Qawi Jalili, the charge is market manipulation and fraudulent conspiracy. Gotbit: the founder of the crypto-exchange is now on trial in … Read more
Fluence has launched the DePIN Pledge, urging Web3 and crypto projects to adopt DePIN. With backing from Infura, Consensys, Polygon, and more, the initiative aims to reduce reliance on centralized cloud providers and enhance true decentralization. Fluence has unveiled the “DePIN Pledge,” urging Web3 and cryptocurrency entities to adopt DePIN solutions. This initiative, backed by … Read more
THORChain’s swap volume has hit record highs as the Bybit hack laundering frenzy continues.
USD traded firmer on Trump threats on tariffs. DXY was last seen trading at 106.60, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Rebound risks not ruled out “He said tariffs on EU will be 25% on autos and other things. Elsewhere, there was also confusion when Trump mentioned that the 25% tariff on … Read more
Bitcoin has two clear targets on the horizon as unfilled CME futures gaps create near-term BTC price magnets.
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Stacks, the leading Bitcoin (BTC) Layer-2 (L2) network for BTC-oriented decentralized finance (DeFi), has announced that its sBTC token has been adopted by a number of institutional clients, as detailed to Finbold on Thursday, February 27. sBTC’s next major milestone will be the launch of its withdrawal functionality, which is scheduled for March 2025. sBTC … Read more
While technically possible, the likelihood of mining a block solo without significant hash power is extremely low.
In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs. Central Bank of Brazil Still in Search of Privacy Solution for CBDC The pilot of the Brazilian central bank digital … Read more
After a sharp downturn in the market, substantial numbers of large Ethereum holders have taken the opportunity to accumulate even more of the world’s second-largest cryptocurrency. This appears to be a clear signal of confidence in the long-term prospects of Ethereum, if not the broader crypto market. Recent large purchases in the whale community include … Read more