• On March 16, 2023, over 40,141 bitcoin (BTC) was moved in a single transaction worth $1.05 billion. • The cost of the transaction was just 0.000008285714285714285% of the transferred sum – only 333,000 satoshi worth about $87. • Bitcoin offers many advantages over traditional banking methods for large settlements, including lower costs and faster Read More

• Coinbase has reaffirmed its commitment to offering staking services, regardless of the SEC’s stance on unregistered securities. • The exchange clarified that it does not provide a share of its staking rewards and may even expand its staking services. • Kraken recently reached an agreement with the SEC to pay a settlement of $30 Read More

• The SEC filed a lawsuit against Ripple in 2020, accusing it of selling XRP tokens illegally. • Ripple recently submitted a letter to the US District Court citing a Supreme Court ruling in its favor for the fair notice defense. • The XRP community has expressed slight optimism about this development, but the token’s Read More

• The US Securities and Exchange Commission (SEC) recently issued a Wells notice to the BUSD issuer Paxos. • Following the news, both USDC and BUSD have experienced diverse movements. • On Feb. 24, Circle CEO Jeremy Allaire said that banking regulators could be better suited for regulating stablecoins than the SEC. SEC Pressure on Read More

• Bitcoin miner reserve balances have remained stable in February, with miners still making a profit due to the appearance of Ordinals. • BTC has surpassed the $24,000 mark and is attempting to cross the $25,000 resistance zone. • The increase in block size is attributed to Ordinals increasing miner profitability and contributing to transaction Read More

• Andrew Tate, an infamous British-American social media influencer and five-time world kickboxing champion, was arrested in Bucharest, Romania in December 2022. • Romanian police seized luxury cars, homes and watches from Tate and his associates, as well as hardware wallets containing digital assets worth over a hundred thousand dollars. • Tate has praised cryptocurrencies Read More

• According to the UN’s confidential report, North Korean hackers stole digital assets valued between $630 million and $1 billion in 2022. • The majority of the cyber attacks were planned by organizations under the authority of North Korea’s Reconnaissance General Bureau (RGB). • Last week, research by blockchain analytics company Chainalysis determined that North Read More

• Ethereum (ETH) has started off the new year on a buoyant note, up 40.43% YTD as of Jan. 30. • The crypto community is looking ahead to the Federal Reserve’s decision on interest rate hikes and expects a moderation in the hikes. • Ethereum has become the go-to platform for developers, entrepreneurs, and investors Read More

• Digital Currency Group (DCG) and its CEO Barry Silbert have been hit with a securities class action (SCA) lawsuit from a group of Genesis creditors. • The lawsuit claims that Genesis broke securities laws by carrying out lending agreements involving securities without being exempt from registration as per federal securities laws. • The company Read More

• El Salvador President Nayib Bukele criticized biased legacy media outlets for predicting his nation’s debt default and financial doldrums due to the decline of Bitcoin price. • Bukele pointed out that El Salvador has made the full payment of its $800 million bond without the help of the IMF. • The President has been Read More