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Source: Cointelegraph.com

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US and China try to crush Binance, SBF’s $40M bribe claim: Asia Express
Binance’s future threatened after superpowers try to crush it, SBF accused of massive bribe over trading in China, former OKX exec charged. Read full article
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OCC’s new Office of Financial Technology has a director and an opening date
The OCC is replacing its Office of Innovation with a new body that will help it stay on top of fintech developments and emerging risks. Read full article
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UK government announces 'robust' crypto regulation as part of economic crime plan
The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement's ability to seize and store assets. Read full article
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Boerse Stuttgart Digital subsidiary receives final approval for crypto custody
With the licensing of the German exchange’s blocknox service, it now offers fully regulated brokerage, trading, and custody. Read full article
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Analysts debate the ETH price outcomes of Ethereum’s upcoming Shapella upgrade
The first three to five weeks after Ethereum’s upcoming Shapella upgrade will likely see an uptick in selling from unstaked deposits. Read full article
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Bitcoin touches $29K! Why BTC is unaffected by regulatory pressure
Join us as we discuss the significance of Bitcoin reaching $29,000 and why it seems to be unaffected by all the regulatory pressure and collapsing banks. Read full article
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Japan plans to form expert panel to explore digital yen: Report
The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years. Read full article
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3 reasons why Bitcoin bulls are well positioned to profit from this week’s $4.2B options expiry
$4.2 billion in BTC options expire on March 31, and despite weeks of harsh regulatory action against the crypto sector, bulls are well positioned to profit. Read full article
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Gnosis launches Hashi bridge aggregator to help prevent hacks
Bridge protocols LayerZero, Celer, Wormhole, LiFi, and others have already committed to implementing the new protocol. Read full article
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Terra co-founder Do Kwon's jail time in Montenegro will be harsh: Report
Now in custody in Montenegro, Do Kwon could be facing "at least a year" behind bars as the country considers extradition requests, according to one criminal defense lawyer. Read full article
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Elon Musk slams 'heavy-handed' Fed as ex-BitMEX CEO sees $1M BTC price
Bitcoin-friendly Musk is no fan of the Fed's inflation policy, he reveals, as Arthur Hayes says U.S. economic decisions are sending BTC price on a path to $1 million. Read full article
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Crypto wallet Ledger raises $109M as demand for self-custody soars
The funding is the first of three rounds for the hardware wallet provider, whose success has been fueled by growing awareness of crypto self-custody. Read full article
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Kraken aims for restricted dealer registration in Canada to comply with new rules
In February, Canadian Securities Administrators announced enhanced investor protection requirements for crypto asset traders. Read full article
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Sam Bankman-Fried pleads not guilty to bribery, charges from superseding indictment
The former FTX CEO's legal team argued that though SBF had entered a not guilty plea, he did not acknowledge the new charges, which including bribed a Chinese government official. Read full article
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Who was front-running Binance users?
Information revealed in January indicated that the owner of 16 Ethereum addresses profited by purchasing tokens shortly before they were listed on Binance. Read full article
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Bitcoin profits are taxable in certain cases, says Denmark's supreme court
The country's supreme court released two decisions for cases in which different crypto users gained profits from sales of BTC “made for the purpose of speculation” and mining. Read full article
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Cointelegraph Markets Pro’s 390% gain dwarves Bitcoin’s 33% rise
Cointelegraph Markets Pro alerts beat the market once again, providing seven trading opportunities based on four different asset indicators. Read full article
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Hong Kong turns to Japan for advice after ‘mind-boggling’ Web3 influx
Hong Kong is looking to Japan for guidance to become a friendly environment for cryptocurrency following an overwhelming response to Web3 investment. Read full article
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Indonesian government looks to NFTs to preserve cultural heritage
The Deputy of Indonesia’s Ministry of Tourism and Creative Economy explains how NFTs and cryptocurrency can help solve social and economic challenges within Indonesia. Read full article
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ZKP could help resolve blockchain tensions with GDPR
Given the participants, their roles and GDPR definitions, there is some work to do.   Read full article
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Injective launches layer-2 testnet for Solana-based apps in Cosmos
The new testnet is one of the few networks that uses Solana’s Sea Level Virtual Machine (SVM). Read full article
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AI makes the Metaverse safer and more inclusive: Sandbox co-founder
Artificial intelligence continues to be more pervasive in emerging technologies and according to the Sandbox co-founder will make digital spaces more inclusive places. Read full article
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Bitcoin spikes above $29K as 'fakeout' fuels BTC price strength doubts
BTC price action snatches at $30,000, but Bitcoin market participants dismiss it as a "deviation" at range highs. Read full article
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Layer-2 project exec zooms in on the capabilities of Ethereum scaling solutions
Metis co-founder Elena Sinelnikova delves into the world of layer-2 blockchain technology, and its potential to transform how we interact, collaborate and build the decentralized economy of the future. Read full article
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Thai SEC wants to lift restrictions on initial coin offerings
The latest proposal by the SEC of Thailand follows a series of regulatory changes targeting the digital asset market in the country. Read full article
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Crypto donations to surpass $10B in a decade: The Giving Block
The Giving Block reported that in the last year, USDC took 44% of the crypto donation volume, ETH took 24%, and BTC got 17% within its charity platform. Read full article
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From Bat-Signal to Bitcoin: Projecting 'Orange Pill' on banks as EU drives crypto regulation
The Bitcoin logo lights up on the European Central Bank building in Frankfurt as Bitcoiners urge bankers to ‘study Bitcoin.’ Read full article
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Government requests for user data from Big Tech increased by 25%: data
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world. Read full article
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Revolut not happy with how fintech deals with audit red flags: Report
Revolut reportedly issued a public statement and hired lawyers in March in order to prove “misreporting” of the audit opinion by BDO. Read full article
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Axie Infinity creator works with studios to push Web3 adoption through new games
Sky Mavis head of business development Kathleen Osgood told Cointelegraph that their goal is to onboard as many people into the ecosystem as possible. Read full article
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Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
Digital regulatory professionals have predicted the wide use of stablecoins throughout the world by the year 2030, despite the current competition between TradFi and DeFi Read full article
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DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say
Traditional finance observes “money laundering happening every day” despite rigorous KYC measures, according to DeFi industry execs. Read full article
18h ago
Cointelegraph.com
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Hong Kong fund plans to raise $100 million for crypto investment
The new equity in Hong Kong will focus on the regional market and embrace Web3 startups. Read full article
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Matt Damon reveals why he appeared in Crypto.com's most infamous ad
The Hollywood icon was relentlessly mocked for appearing in the ad in 2021, which was released just before the crypto markets plummeted. Read full article
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OKX seeks Australian expansion citing 'huge appetite' for crypto
The exchange's chief marketing officer believes Australians are above-the-curve when it comes to crypto education and interest. Read full article
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Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor
Crypto Council for Innovation advisor Sean Lee said more education is needed for policymakers and financial regulators. Read full article
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SEC's Gensler seeks $2.4B in funding to chase down crypto 'misconduct'
SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.” Read full article
22h ago
Cointelegraph.com
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Bitcoin price briefly hits $29K despite regulatory crackdowns
Despite ongoing crypto crackdowns, the price of BTC briefly tipped over $29,132.82 on March 30, clocking a new high for 2023. Read full article
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Elon Musk and tech execs call for 'pause' on AI development
The authors of the letter explained that advanced AI could cause a profound change in the history of life on Earth, for better or worse. Read full article
24h ago
Cointelegraph.com
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FTX lawyers, creditors slam SBF's petition to get legal fees reimbursed
The creditor's committee and FTX lawyers have raised several arguments in objecting to Bankman Fried’s request. A hearing date is set for April 12. Read full article
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Shrapnel wows at GDC, Undead Blocks hot take, Second Trip: Web3 Gamer
First-person shooter Shrapnel blows gamers away at GDC, Otherside’s Second Trip vs Fortnite, Callan gets killed by zombies over and over. Read full article
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FDIC plans to return $4B in Signature crypto deposits 'by early next week' — Martin Gruenberg
The Treasury Department's Under Secretary for Domestic Finance Nellie Liang said at the same hearing she didn’t believe crypto “played a direct role” in the failure of the banks. Read full article
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Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns
Experts are speculating on ways the Act could be misused, if passed, and finding potential threats to technologies people love. Read full article
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Optimism reigned at Paris Blockchain Week
Careful optimism was the theme at this year's Paris Blockchain Week. Builders will build and the crypto community will keep going. Read full article
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Arbitrum airdrop-related selling subsides, but Dapp use sustains while smart money accumulates ARB
The ARB airdrop followed the sell-the-news narrative, but Arbitrum's Dapp use and fundamentals remain strong and smart money continues to buy ARB tokens. Read full article
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Mysterious entity may be collecting BTC users' IP addresses — Bitcoin developer
The entity reportedly uses a range of 812 different IP addresses to obscure its identity while collecting data. Read full article
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Paxful to return lost Celsius funds to Earn users
Peer-to-peer marketplace Paxful will refund its Earn program users impacted by Celsius Network's bankruptcy. Read full article
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Ethereum bulls ignore regulatory action against exchanges by preparing for the Shapella hard fork
ETH investors appear unconcerned about the regulatory challenges facing the crypto market and are instead selecting to focus on the network’s next upgrade. Read full article
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NFT investor accidentally burns CryptoPunk: Nifty Newsletter, March 22–28
While trying to wrap his CryptoPunk to borrow money, an NFT investor accidentally sent the asset to a burning address, permanently removing it from circulation. Read full article
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Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report
The former FTX CEO reportedly gave Joseph Bankman roughly $10 million funded by a loan from Alameda Research as a part of a lifetime estate and gift tax exemption. Read full article
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Price analysis 3/29: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and select altcoins are close to breaking out of their overhead resistance levels, indicating that bulls remain in control of the crypto market. Read full article
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Beaxy exchange shutters after SEC presses multiple charges against founder, execs
The regulator is throwing the book at Beaxy and people associated with it on charges of unregistered securities offering and failing to register in a number of capacities. Read full article
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How to mitigate the security risks associated with crypto payments
Learn how to mitigate security risks associated with crypto payments through methods such as hardware wallets and secure exchanges. Read full article
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Binance concealed ties to China for years, even after 2017 crypto crackdown: Report
Documents reviewed by the Financial Times show that Binance kept staff and operations in China despite announcing its departure in 2017. Read full article
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Bitcoin mining stocks underwhelm in March, but brighter days could be around the corner
In March mining stocks increased at a slower pace compared to BTC, amid macroeconomic uncertainty and increasing competition among Bitcoin miners. Read full article
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US and South Korea request extradition of Terra co-founder Do Kwon
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted. Read full article
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'Definitely not bullish' — 7% Bitcoin price gains fail to convince traders
Bitcoin simply hasn't dealt with the worst of resistance in a key trading range for everyone to flip bullish. Read full article
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XRP price tags 10-month high — Can a 35% pullback be avoided?
A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere. Read full article
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Crypto Wendy on trashing the SEC, sexism, and how underdogs can win: Hall of Flame
Crypto Wendy built an audience by being herself, defending others, trashing jerks and the SEC, and showing underdogs how to win at crypto. Read full article
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Why Web3 gaming is becoming the new hype for serious gamers
Prior to the introduction of P2E gaming, the average gamer would say that they enjoy playing video games simply because they're fun. Now, Web3 adds a completely new dimension to their original experience. Read full article
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Web3 creators at higher a loss for royalties than anticipated: data
New data from research by eBit Labs and LiveArt marketplace reveals that the previous estimates of creator royalty losses, which were around $35 million, may be much higher. Read full article
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AI technology is reshaping NFT gaming — Here’s how
With the meteoric rise of artificial intelligence (AI) technology, many people are wondering: How will AI influence the video game industry? Read full article
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How to financially prepare for a recession
To stay recession-proof, build an emergency fund, cut expenses, diversify investments, pay off debt and enhance your skills. Read full article
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Polygon to help fight NFT scams with Web3 infra protocol partnership
Polygon partners with Wakwelli, a web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens to certify NFT originality. Read full article
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Stablecoins are solution to crypto’s banking problem, exec says
Stablecoins are seen as a potential solution to crypto’s banking problem, but some of them are currently not immune to banking issues. Read full article
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Africa: The next hub for Bitcoin, crypto adoption and venture capital?
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it. Read full article
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Nigerian crypto investors question central bank's decision to flag p2p users
Crypto P2P users in Nigeria worry over using various platforms to launder funds as the country's central bank cracks down on bank accounts that receive a share of Flutterwave’s rumored stolen funds. Read full article
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Freeport clears SEC Reg A review for tokenized art offerings
It appears that the SEC has exempted NFT art tokenization from registration as security offerings. Read full article
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SEC chief Gary Gensler to face Congress grueling over crypto policy
FSC chief noted that their primary focus would be setting the groundwork for crypto regulations in the U.S. Read full article
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Circle prefers reserves and payment rails with the Fed, says exec
Circle’s APAC Vice President said that the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed, in light of the recent banking crisis. Read full article
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ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests
ARB's price trajectory looks similar to MATIC after its market debut when MATIC rose 1,350% after facing a brutal selloff in its early days of trading. Read full article
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BitKeep completes compensation for $8M APK exploit, announces rebranding
BitKeep Wallet will now be known as Bitget Wallet following a $30 million investment from the namesake crypto derivatives exchange last week. Read full article
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Australian senator introduces private bill to expedite crypto regulation
Senator Andrew Bragg has introduced a bill proposing regulatory standards for the cryptocurrency industry in Australia. Read full article
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Time to buy 'jpegs'? Community responds to upcoming Ethereum withdrawals
While many expressed serious sentiments, a Twitter user poked fun at the update, saying that it’s time to spend ETH on nonfungible tokens. Read full article
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EU lawmakers push for stricter rules on anonymous crypto transfers
The legislation was one of several laws designed to combat money laundering and terrorist financing, receiving 99 votes in favor, eight votes against, and six abstentions. Read full article
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Russia delays digital ruble launch testing due to lawmaking process
The participating banks, however, express their readiness to proceed with the CBDC pilot. Read full article
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Bitcoin price jumps above $28K after 1.5K BTC shorts 'blown out'
Bitcoin bears get a sudden roasting as short squeeze sends BTC price action to levels last seen before the Binance regulatory debacle. Read full article
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Jake Paul-endorsed SafeMoon gets hacked after introducing a bug in upgrade
A public burn() function introduced in the latest upgrade allegedly allows users to burn tokens from other addresses. Read full article
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Scam alert: MetaMask warns users of deceptive March 31 airdrop rumors
MetaMask posted a warning on its Twitter after coming across rumors of an upcoming MetaMask snapshot or airdrop on social media. Read full article
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Back on track: Kraken inks F1 crypto sponsorship deal with Williams Racing
Kraken has inked a partnership deal with Williams Racing marking the first major return to F1 for crypto this year. Read full article
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The government should fear AI, not crypto: Galaxy Digital CEO
Galaxy Digital CEO Mike Novogratz believes regulators have got it "completely upside-down" on crypto vs AI regulation. Read full article
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Signature’s crypto clients told to close their accounts by April 5: Report
Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client's address. Read full article
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‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork
Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12. Read full article
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