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Crypto
EU watchdogs scrutinizing OKX over $100M in Bybit laundered funds: Report
European Union regulators are reportedly looking into a service offered by crypto exchange OKX that may have played a role in the laundering of $100 million in funds from the Bybit…
YouTuber says SEC will recommend dropping lawsuit over 2018 token ICO
Update (March 11 at 9:59 pm UTC): This article has been updated to include a response from the SEC.Ian Balina, the CEO of Token Metrics and a YouTuber with more than 100,000…
Cboe seeks to add staking to Fidelity’s Ether ETF
Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing. The…
Texas lawmaker seeks to cap state’s proposed BTC purchases to $250M
A member of the Texas legislature has proposed a bill that could limit the amount local and state authorities invest in cryptocurrency as a reserve asset.In a bill filed on March…
Bitwise launches Bitcoin corporate treasury ETF
Bitwise has launched an exchange-traded fund (ETF) holding stocks of companies with large Bitcoin (BTC) treasuries, the asset manager said on March 11. The Bitwise Bitcoin Standard…
4 signs that $76.7K Bitcoin is probably the ultimate low
Bitcoin (BTC) dropped to a four-month low of $76,700 on March 11, following a 6% weekly decline in the S&P 500 index.The stock market correction pushed the index to its lowest…
CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure
CoreWeave announced on March 11 that it had struck a five-year deal worth up to $11.9 billion with OpenAI, the nonprofit research and development company that created ChatGPT.…
Decentralization clashes with illicit activity
THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it’s prepared to have regulators breathing down its neck.Its…
Centralized data infrastructure violates Web3’s core of decentralization
Opinion by: Michael O’Rourke, founder of Pocket Network and CEO of GroveOpen data is currently a major contributor toward building a global emerging tech economy, with an estimated…
3 reasons XRP might drop to $1.60 in March
The XRP (XRP) daily chart registered its lowest candle close in 99 days on March 10. The altcoin dropped below the $2 support level but registered a short-term recovery of 12% on…