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March 2024

Ethereum leads NFT sales with over $32 million in 24 hours

Ethereum tops the NFT market thanks to a historic CryptoPunk sale.

CryptoPunks leads NFT sales surge with US$17.22 mln in 24 hours

CryptoPunks tops daily NFT sales, while overall NFT market sees mixed performance.

SEC subpoenas linked to Ethereum Foundation stir security classification speculation: Fortune

The U.S. Securities and Exchange Commission intensifies its scrutiny on the Ethereum Foundation through subpoenas, igniting debates over Ether’s classification and casting doubt on spot Ether ETF approvals.

Bitcoin’s Ordinals top NFT collection rankings with US$3.4 mln in sales

Top NFT collection sees slight dip in sales but increase in transactions over 24 hours.

Cardano’s USDM stablecoin set for April retail launch

Cardano’s new USDM stablecoin, developed by Mehen Finance, is slated for a retail rollout in April.

Ethereum leads with US$12.47 Million in NFT sales

Ethereum tops NFT sales in the last 24 hours, with Bitcoin and Solana following despite market fluctuations.

Bitcoin NFT sales drop by 44%, still leads market

Ethereum trailed Bitcoin’s NFT sales by less than US$600,000.

Bitcoin NFTs continue to dominate the market with a 74% sales bump

Bitcoin leads the NFT market with a significant sales increase, outperforming Ethereum, Solana, and BNB

Binance Labs spins off as independent US$10 bln VC fund

Binance Labs, the venture capital arm of Binance, has become an independent entity with a portfolio worth over $10 billion.

PancakeSwap sets eyes on v4 launch

New PancakeSwap upgrade introduces hooks, lower gas costs, and custom pools, aiming to enhance DeFi trading experience.

Senators urge SEC to halt crypto ETF approvals amid concerns

U.S. Senators Jack Reed and Laphonza Butler have expressed concerns over the approval of crypto ETFs beyond Bitcoin.

Bitcoin Dominates NFT Market with 86% Sales Increase in 24 Hours

Bitcoin leads the non-fungible tokens (NFT) market with a significant sales increase, outperforming Ethereum, Solana, and Polygon.

North Korea’s Lazarus allegedly launders US$12 mln via Tornado Cash

Lazarus Group, linked to North Korea, has resumed laundering stolen funds using Tornado Cash, a crypto mixer sanctioned by the U.S.

UK court rules against Craig Wright’s Satoshi Nakamoto claim

Craig Wright is not Bitcoin’s creator, Satoshi Nakamoto, accourding to the High Court’s ruling.

Terraform Labs retains Dentons as legal counsel amid bankruptcy

Bankrupt Terraform Labs secures court approval to hire Dentons for legal representation, despite SEC objections.

MakerDAO to launch ‘Endgame’ phase with new tokens this summer

MakerDAO’s Endgame plan introduces new tokens and features to enhance user engagement and target mass adoption.

Wall Street giants test blockchain for capital markets

Major financial institutions complete large-scale blockchain pilot on Canton Network.

MetalCore game secures US$5 mln for development

Studio 369’s blockchain-based game MetalCore receives fresh funding to enhance AI-driven features and ecosystem.

Coinbase launches US$1 bln bond offering

Cryptocurrency exchange Coinbase Global, Inc. is set to raise US$1 billion through a bond sale.

Ex-Binance CEO’s passport confiscated ahead of sentencing

Changpeng Zhao must surrender Canadian passport and stay in the U.S. as part of revised bail conditions.

Bitcoin ETFs hit record inflows, propel BTC to new highs

Bitcoin ETFs have seen unprecedented inflows, with a single-day record of over US$1 billion, as the cryptocurrency maintains record high prices.

Ethereum ETF approval odds drop as SEC remains silent

Analysts lower expectations for a spot Ethereum ETF approval by May.

Ethereum surpasses US$4,000 ahead of Dencun upgrade

The Dencun upgrade for Ethereum is expected to dramatically reduce gas fees for layer-2 networks and enhance scalability.

UK regulator permits crypto ETNs for professional investors

The UK’s (FCA) has greenlit crypto asset ETNs for professional investors, with the London Stock Exchange set to accept applications next quarter.

ChainGPT launches US$1 mln grant for Web3-AI startups

ChainGPT’s new grant program aims to foster AI and blockchain innovation, offering up to US$1 million for startups.

Bitcoin extends ATH run, breaks US$72,000

Bitcoin trades above US$72,000 for the first time in its history.

Fed Chair Powell: No immediate plans for US CBDC

Jerome Powell assures Senate Committee that a U.S. central bank digital currency is not forthcoming, prioritizing privacy and banking system integrity.

Bitcoin briefly surges past US$70,000

Bitcoin sets a new price record for the second time this week.

Wormhole launches 617 mln token airdrop to boost decentralization

Wormhole’s airdrop of 617 million W tokens aims to decentralize governance and reward community engagement across multiple blockchains.

Hong Kong central bank unveils Project Ensemble for tokenization

The Hong Kong Monetary Authority launches a wholesale CBDC project to support tokenized asset transactions and financial innovation.

Pantera Capital targets US$250 mln Solana purchase from FTX assets

Crypto firm Pantera Capital aims to acquire $250 million in Solana tokens from bankrupt FTX’s holdings at a significant discount.

SEC Chair Gensler remains silent on Ethereum’s status amid ETF reviews

Gary Gensler, SEC Chair, avoids commenting on Ethereum’s security status as the agency reviews spot ETF applications.

MicroStrategy boosts Bitcoin bet with US$700 million debt offering

MicroStrategy increases its convertible debt offering to US$700 million to fund additional Bitcoin acquisitions, reflecting confidence in cryptocurrency.

SEC commissioners criticize unclear crypto enforcement after ShapeShift settlement

Two SEC commissioners express concerns over the agency’s ambiguous approach to cryptocurrency regulation following a recent settlement with ShapeShift.

Montenegro court blocks Terraform Labs founder’s extradition to US

A Montenegro appeals court has invalidated the decision to extradite Do Kwon to the United States.

Spain hits pause on Worldcoin’s data collection over privacy concerns

Spanish regulator orders Worldcoin to stop processing personal data, citing privacy violations.

BlackRock leads Bitcoin ETFs with record inflows

Bitcoin investment vehicles, including ETFs, now manage over 1 million BTC, with BlackRock’s ETF seeing a record $788 million in inflows as Bitcoin hits a new all-time high.

Astar Network pioneers integration with Polygon’s AggLayer

Japan’s Astar Network launches Astar zxEVM, the first layer-2 chain to integrate with Polygon’s AggLayer, enabling seamless cross-chain transactions.

SEC presses court over Binance.US compliance issues

The SEC alleges Binance.US has not fully complied with information requests regarding customer assets.

Rare CryptoPunk NFT sells for US$16 mln, signaling market revival

A CryptoPunk NFT, known for its rarity, fetches over $16 million in a landmark sale, hinting at a resurgence in the digital collectibles market.

Bitcoin falls after setting new all-time high

Record trading volumes in Bitcoin ETFs reflect growing investor interest and market confidence.

EigenLayer’s DeFi TVL hits $10 billion, secures major deal

EigenLayer’s total value locked reaches $10 billion, flipping Maker to become the third-largest DeFi protocol.

Court rules ‘certain’ crypto as securities in Coinbase insider trading case

A U.S. judge’s ruling classifies crypto assets traded in secondary markets as securities.

Tether’s USDT becomes the first stablecoin to US$100 bln

Tether’s USDT stablecoin reaches a market capitalization milestone.

FTX cautions against unauthorized asset sales

FTX warns public about unauthorized parties soliciting bids for its digital assets, reaffirming Galaxy Asset Management’s exclusive role.

Bitcoin gets closer to all-time high, breaks US$67,000 barrier

Bitcoin approaches its record peak, signaling strong investor confidence in the cryptocurrency market.

SEC’s Hester Peirce calls for clear crypto regulation

SEC Commissioner Hester Peirce urges for sensible crypto regulation to support innovation and protect U.S. industry interests.

Robinhood integrates with Arbitrum for efficient crypto swaps

The trading app Robinhood has partnered with Ethereum scaling solution Arbitrum to offer token swaps in its self-custody wallet.

SEC scrutinizes Terraform Labs’ US$166 mln legal retainer

The financial watchdog contends the payment may be intended to avoid future judgments and should instead aid investors and creditors.

Gemini to reimburse US$1.1 bln to Earn customers after settlement

Gemini exchange reaches a settlement to return funds to users affected by the Genesis bankruptcy.

Memecoins Bonk, Doge lead extended market rally

Dogecoin’s price has soared to $0.11, marking a significant increase and making it one of the top gainers in the cryptocurrency market.

February 2024

FTX founder seeks reduced sentence of under 6.5 years

Sam Bankman-Fried’s legal team argues for a lighter prison term, criticizing the 100-year recommendation as excessive.

HTX resubmits Hong Kong crypto license application

After a brief withdrawal, HTX reapplies for a Hong Kong crypto trading license.

Bitcoin challenges all-time high but gets rejected at US$64,000

Bitcoin’s price has soared to a two-year high, nearing US$64,00.

China warns of counterfeit digital yuan app scam

The Chinese government alerts citizens to a fraudulent app imitating the official digital yuan platform.

PEPE gains 120% in a week, Bitcoin breaks US$57,000

Meme token PEPE leads top cryptocurrencies as Bitcoin continues to surge.

BitForex exchange halts, US$56 mln outflow sparks exit scam fears

Crypto exchange BitForex suspends operations without explanation, following a US$56 million withdrawal, raising concerns of a potential exit scam.

Polygon-founded Avail secures $27M in seed funding

Avail, a Web3 infrastructure project, has raised US$27 million to develop its core products aimed at enhancing blockchain interoperability and scalability.

Stolen DeGods NFT funds recovered by blockchain sleuth ZachXBT

A chunk of funds lost in the theft of a rare NFT has been returned to the owner, thanks to investigator ZachXBT.

Axie Infinity co-founder suffers US$9.7 mln theft

Jeff Zirlin, Axie Infinity co-founder, loses nearly $10 million in Ethereum due to a security breach.

Wright submits 164,000 pages in an attempt to prove he’s Satoshi

Craig Wright’s claim as Bitcoin creator faces scrutiny in court with new evidence and testimonies.

UK moves to classify cryptocurrencies as property

The UK Law Commission proposes a new legal framework to recognize cryptocurrencies as property, aiming to provide clarity and protection for digital assets.

Andreessen Horowitz backs EigenLayer with US$100 mln investment

Venture capital firm Andreessen Horowitz invests $100 million in Ethereum restaking protocol EigenLayer, signaling strong support for blockchain innovation.

Reddit invests in Bitcoin and Ethereum ahead of IPO

Social media platform Reddit has diversified its assets by investing in cryptocurrencies Bitcoin and Ethereum, as revealed in its IPO filing.

StarkWare revises STRK token unlock plan after community backlash

Following criticism, StarkWare adjusts its STRK token release schedule to ensure a more gradual release over the coming years.

Yuga Labs sees leadership shift and NFT sales surge

Greg Solano’s return as Yuga Labs CEO spurs a significant increase in Bored Ape Yacht Club NFT prices.

SEC sued over crypto regulation authority

Crypto group and digital asset firm challenge SEC’s authority in Texas lawsuit.

Do Kwon to face US extradition for Terra collapse charges

Montenegro court approves extradition of Terraform Labs’ Do Kwon to the US, where he faces fraud charges.

SEC’s crypto enforcement lawyer joins private law firm

Former SEC attorney Ladan Stewart transitions to White & Case, a firm known for defending crypto companies.

Circle ends USDC support on TRON network

USDC halts TRON support, aligning with Circle’s IPO plans.

MetaMask boosts security with Blockaid’s privacy module

MetaMask partners with Blockaid to enhance security for over 30 million users.

Ether hits US$3,000, investors eyes on possible ETF approval

Ethereum’s native token, Ether, briefly surged to US$3,000 for the first time in 22 months before retracing.