Beba and Defi Education Fund Sue the SEC Over Its Airdrop Policies

Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an official rulemaking process. Additionally, the plaintiffs seek to clarify that a token airdropped to its users does …

CreataChain Signs MOU With Al Reem FZCO to Develop RWA Marketplace

In a significant move towards revolutionizing asset trading, Dubai-based CreataChain DMCC and Al Reem FZCO have signed a Memorandum of Understanding (MOU) to formalize their partnership. The collaboration aims to leverage blockchain technology to develop a pioneering Real-World Asset (RWA) marketplace. Combining CreataChain’s technical capabilities with Al Reem’s market insights and legal expertise, the two …

Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations

The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws. Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering Failures Damian Williams, the United States Attorney for the Southern District of New York, detailed the charges against Kucoin, accusing the …

Bitdeer to Boost BTC Mining Capacity With Proprietary Sealminer A1 Rigs, Eyeing 46 EH/S Milestone by 2025

The Nasdaq-traded company specializing in bitcoin mining, Bitdeer, has unveiled its strategy to boost its overall hashrate by an additional 3.4 exahash per second (EH/s) through the deployment of its proprietary Sealminer A1 mining devices. These advanced rigs are slated for setup within Bitdeer’s mining facilities located in Texas and Norway, targeting the latter half …

Marathon Introduces Custom Firmware and Control Board for Enhanced Bitcoin Mining Operations

This week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance the efficiency of bitcoin mining rigs. Marathon revealed it has been developing this technology for about a year. Marathon Releases Custom Firmware and MARA UCB 2100 Control Board On March 25, 2024, Marathon (Nasdaq: MARA) …

Ex-Goldman Sachs Executive Says Imminent ‘Macro Summer’ About To Boost Bitcoin and Altcoins

Real Vision CEO Raoul Pal thinks “macro summer” has begun and will send the prices of Bitcoin (BTC) and altcoins soaring. The former Goldman Sachs executive tells his 1 million followers on the social media platform X that macro summer involves the ISM manufacturing index picking up. The ISM is an indicator of US economic activity. …

BitMEX Founder Arthur Hayes Says Ethereum Will Catch a ‘Big Bid’ Amid ETF Hype – Here’s His Outlook

The co-founder of the BitMEX crypto derivatives exchange Arthur Hayes is offering his prediction on Ethereum (ETH) less than three months after the approval and subsequent listing of spot Bitcoin (BTC) exchange-traded funds (ETFs). In a new The Wolf of All Streets interview, Hayes says he expects demand for Ethereum to pick up, especially if …

Grayscale executive sees path to Ethereum ETF approval despite SEC silence

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Pre-market trading sees 4% increase, MSTR closing in on the $2,000 threshold

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United States OFAC places new sanctions on crypto firms with ties to Russia

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned 13 entities and two individuals for operating in the financial services and technology sectors of the Russian economy, including those developing or offering services in virtual assets that reportedly enable the evasion of US sanctions, as reported by the Treasury Department …

Bitcoin ETFs break trend recording modest inflows as GBTC continues outflow

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Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining

The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court, and the Department of Justice, agreed to deal with these crimes swiftly given the damages they cause to the Paraguayan power grid. Paraguay Prepares …

Vave Launches Exclusive $150,000 Porsche Tournament

PRESS RELEASE. Vave, the premier crypto gambling platform, is set to ignite the gaming scene this spring. With its exciting Porsche Tournament, the company offers players the chance to win big, including the ultimate prize of a brand-new Porsche 911! And that’s just the beginning – luxury watches, exotic resort escapes, and other amazing rewards …

Gambling Takes Center Stage in This Year’s March Madness

In a year where legal wagering on sports shattered previous records, the NCAA men’s and women’s basketball tournaments are the pinnacle of sports betting, with an estimated $2.7 billion expected to be wagered through legal channels. Crypto gambling offers fans the ability to pick their winners with crypto. March Madness Betting Increases, With $2.7 Billion …

Altcoins Gearing Up To Outperform Bitcoin Following ‘Very Healthy’ Correction: Trader Michaël van de Poppe

Widely followed trader Michaël van de Poppe says altcoins are in a position to witness massive rallies in the coming months. The analyst tells his 707,500 followers on the social media platform X that the TOTAL3 chart, which traders use to track the performance of the altcoin market, witnessed an over 16% devaluation during the …

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