Key Takeaways Ethereum Classic is up 11.5%. The “cheaper Ethereum” is rising as Ethereum’s Proof-of-Stake update approaches. Ethereum miners have also flocked to Ethereum Classic, bringing its hashrate to new all-time highs.... Read more »
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese billionaire arrested in U.S. for $1B financial fraud According to an announcement published by the U.S. Department... Read more »
Cryptocurrency investment fraud in the U.S. was up almost 3x year-over-year in 2022 — making investment fraud the “costliest scheme reported,” according to the FBI’s 2022 internet crime report. Crypto fraud up... Read more »
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to... Read more »
Key Takeaways Aptos is a new high-throughput Layer 1 blockchain that uses a novel smart contract programming language called Move. The project is considered the technological successor of Meta’s abandoned blockchain network,... Read more »
Bitcoin (BTC) received a substantial boost this week as United States inflation levels for February were in line with market expectations. On March 14, the BTC/USD pair surged to a 2023 peak at $26,550... Read more »
The New York State Department of Financial Services (NYDFS) said on March 14 that its closure of Signature Bank was not related to the bank’s crypto industry ties. NYDFS denies Signature was... Read more »
The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency.... Read more »
Key Takeaways The ETH:BTC ratio hit a 2022 high of 0.084 early Tuesday. Ethereum is outperforming Bitcoin as “the Merge” draws closer. The first step of the number two blockchain’s Proof-of-Stake update... Read more »
The price of Bitcoin (BTC) increased by 14.4% between March 12-13 after it was confirmed that financial regulators had rescued depositors in the failing Silicon Valley Bank (SVB). The intraday high of... Read more »
