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March 2024

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.

STRK trading begins amidst massive airdrop event

Starknet distributes 728 million STRK tokens, with initial trading volatility.

Bored Ape creator Yuga Labs buys Moonbirds’ Proof

Yuga Labs is expected to feature the Moonbirds collection in its Otherside metaverse.

Worldcoin’s WLD token hits record high as users surpass 1 mln

Worldcoin’s record surge comes on the back of OpenAI’s new text-to-video tool, Sora.

Animoca brings 3 crypto wallets onto its Mocaverse network

Animoca Brands announces partnerships with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet, elevating the user experience in the Mocaverse network.

Aptos joins the Web3 phone business after Solana’s success

New cryptophone by Aptos and Jambo priced at US$99 targets customers in Africa, Southeast Asia and Latin America.

US Treasury: crypto’s role in Hamas funding minor

“Terrorists” still prefer to use traditional finance products, according to U.S. Treasury’s Brian Nelson.

Web3 in Asia grows as Klaytn and Finschia announce merger

Both layer-1 chains are backed by major Asian internet companies.

Revolut to list Bonk alongside US$1.2 mln learning campaign: report

Bonk will join Ethereum-based memecoins such as Dogecoin and Shiba Inu on the platform.

STRK token launch targets 1.3 mln users, US$1 billion valuation

StarkNet’s upcoming token airdrop could become the largest in history.

Bitcoin returns to the US$1 trillion club

Bitcoin’s current market value is greater than the world’s eighth largest company.

DN404, a new hybrid NFT standard challenges ERC-404

The NFT landscape evolves with DN404, a fresh rival to the ERC-404 standard.

US inflation snaps Bitcoin’s winning streak

Bitcoin’s value dips following a hotter-than-expected U.S. CPI report but weekly momentum stays in green.

Binance founder’s court date pushed back to April 30

Zhao has pleaded guilty to money laundering charges in November.

Solana’s second smartphone hits 100,000 pre-orders

The blockchain company’s latest mobile venture for a US$450 pre-order price per phone brings in US$45 million for Solana.

ERC-404 frenzy drives Ethereum gas to eight-month peak

The rise of ERC-404 tokens brings a new dimension to the Ethereum blockchain, blending the characteristics of ERC-20 and ERC-721 tokens.

OSL and UBS pioneer first tokenized warrant transaction in Hong Kong

Fusing traditional banking and blockchain, OSL collaborates with UBS to execute Hong Kong’s first transaction of a tokenized warrant on the Ethereum.

Sara Stratoberdha named new CEO of CoinDesk

Bullish, the cryptocurrency exchange, announces Sara Stratoberdha as CoinDesk’s new leader, emphasizing the platform’s commitment to unbiased and independent journalism under new ownership.

First ERC-404 passes US$32,000

ERC-404 is a new Ethereum token standard for semi-fungible tokens.

Ethereum sets March 13 for Dencun upgrade

The Ethereum network is poised for a significant upgrade this March, with the Dencun update focusing on proto-danksharding.

Ethereum staking hits milestone: over 25% of supply now locked

Despite the Shapella upgrade allowing withdrawals, Ethereum’s proof-of-stake transition continues to attract validators, with over 30 million Ether staked.

Montenegro court overturns extradition of Terra founder Do Kwon

International tug of war over Kwon’s fate takes a new turn with Montenegro court’s reversal on extradition.

Jack Dorsey’s BlueSky now open for all

BlueSky, the decentralized social media platform by Jack Dorsey, opens its doors to the public.

SocialFi’s next big hit? Friendzone set to launch on Polygon

Friendzone is poised to challenge traditional social media models with its blockchain-powered SocialFi application on the Polygon network.

South Korean crypto criminals to face life sentence

Crypto criminals with more than US$3.76 billion in profits may face life in South Korea.

Unlicensed crypto exchanges face shutdown in Hong Kong

Only two exchanges are licensed to provide crypto trading services to Hong Kong’s retail sector so far.

Solana logs back in after a five-hour outage, SOL rebounds

Solana, a blockchain that has been plagued with outages in the past, had its first network interruption in almost a year.

Monero sinks as Binance announces delisting

Privacy coins face a setback as Binance removes Monero, impacting its market price.

Tether, Solana’s Yakovenko back Oobit with US$25 mln funding

Industry giants Tether and Yakovenko invest in Oobit’s $25M funding round.

Yuga Labs’ payout from Ripps and Cahen raised to nearly US$9 mln

Ryder Ripps and Jeremy Cahen must pay almost US$7 million in Yuga Labs’ attorneys’ fees, court documents show.