The Court said the losses were worth more than $8.2 million. According to reports from March 27, the Federal Court of Australia has imposed an A$10 million (appr. $6.9 million USD) civil penalty on Binance’s local branch, registered under the name Oztures Trading Pty Ltd. The Australian Securities and Investments Commission (ASIC) said that…
US spot Bitcoin exchange-traded funds posted their largest daily outflows in weeks on Thursday, as Bitcoin fell below $70,000 and market risk stayed elevated. Summary US spot Bitcoin ETFs recorded $171 million in outflows, the largest daily withdrawal since March 3. BlackRock, Fidelity, ARK, and Grayscale led withdrawals as Bitcoin dropped below the key $70,000…
The White House Office of Information and Regulatory Affairs, tasked with reviewing federal regulations, has finalized its assessment of a Department of Labor proposal (DOL) that would allow roughly $12 trillion in 401(k) assets to flow into alternative investments like crypto and private equity, according to a recent update. OIRA completed its review on March…
The end of the week, month, and first quarter of the year has arrived, and with it, a massive batch of Bitcoin and Ether options contracts will be expiring. Around 195,400 Bitcoin options contracts will expire on Friday, Mar. 27, with a notional value of roughly $13.4 billion. This event is much larger than…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto scams surge as AI-powered fraud and fake exchanges exploit urgency and weak user verification. Summary Crypto scams surge as fake exchanges and AI fraud exploit urgency, costing users billions in stolen funds. Not…
Bitcoin fell below $69,000 on Thursday morning as escalating tensions between the US and Iran weighed on global markets and pushed investors toward defensive positioning. The move followed a sharp jump in oil prices, with Brent crude rising more than 5% to briefly hit $108 per barrel before easing to around $105. The surge came…
“That is a strong narrative for TAO in the coming months. A good hype could make it happen,” said one analyst. Bittensor has recorded a 140% price increase over the past six weeks, including a 105% rise since March 8. The latest price action has pushed it to the 26th-largest cryptocurrency by market capitalization,…
An attacker spent about $1,800 on MFAM to push a malicious Moonwell proposal that could seize control of seven markets and $1.08m in assets, testing its veto and governance defenses. Summary An unknown attacker spent just $1,800 to acquire 40 million MFAM tokens and push a malicious governance proposal through quorum in roughly 11 minutes…
Key takeaways The world is shifting from a unipolar to a multipolar power structure. The US is experiencing a decline in global influence, moving towards a multipolar world. Different metrics of empire decline at varying rates, with education quality as an early indicator. Precious metals prices have declined despite geopolitical tensions due to prior price…
Three years later, Bo Shen has opened a recovery hunt, inviting anyone to help trace stolen funds. Bo Shen, co-founder of Fenbushi Capital, has renewed efforts to recover roughly $42 million in digital assets stolen from his personal wallet in a November 2022 hack. This time, he is using a public appeal to mobilize…
