Thailand to offer tax breaks for investment token issuersThe government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years.Mar 7, 2023Helen Partz
DeFi lender Tender.fi suffers exploit, white hat hacker returns funds DeFi lending platform Tender.fi sees $1.59 million of assets drained by a white hat hacker taking advantage of a misconfigured oracle.Mar 7, 2023Gareth Jenkinson
WeChat integrates digital yuan into its payment platformChinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.Mar 7, 2023Amaka Nwaokocha
China announces plans for new national financial regulatorThe new administration will replace the current banking and insurance watchdog, which coincides with a more extensive government overhaul.Mar 7, 2023Savannah Fortis
South Korea saw over $4B unregistered crypto transactions in 2022The money was primarily aimed at buying foreign crypto assets to sell on the domestic market.Mar 7, 2023David Attlee
Hong Kong’s losses to crypto scams doubled to $217M last year: ReportCrypto-related scams in Hong Kong reportedly accounted for over 50% of the total $407 million stolen from city residents in tech crimes in 2022.Mar 7, 2023Helen Partz
9 essential finance terms you must knowBoost your financial literacy with nine essential terms. From interest to assets, improve your money management skills.Mar 7, 2023Alice Ivey
BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new dataBitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals.Mar 7, 2023William Suberg
DAO gets legal recognition in the US as Utah DAO Act passesThe Utah State Legislature passed the Utah DAO Act, granting DAOs legal recognition and limited liability protections.Mar 7, 2023Amaka Nwaokocha
Argo increases Bitcoin production despite BTC difficulty growthArgo’s daily Bitcoin production rate in February surged 7% despite a 10% month-over-month increase in average network difficulty.Mar 7, 2023Helen Partz
Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now Crypto exchange Algodex and wallet provider MyAlgo have suffered security breaches in the last few weeks.Mar 7, 2023Stephen Katte
SEC not allowed to punish Voyager advisers over bankruptcy token, says US judgeThe United States Securities and Exchange Commission claims the transactions involved with redistributing the funds to impacted Voyager account holders will trigger U.S. securities laws.Mar 7, 2023Brayden Lindrea
Wallet tied to Uranium Finance hacker reawakens after 647 days, shifting $3.3MThe hacker has other associated wallets that have also shifted funds to privacy networks such as Aztec.Mar 7, 2023Brian Quarmby
Coinbase CEO hints its new layer-2 network could include AML measuresBrian Armstrong said centralized firms have a responsibility to monitor transactions and carry out Anti-Money Laundering checks.Mar 7, 2023Martin Young
‘Home’ regulator could solve crypto’s ‘fragmented supervision’ issue: ComptrollerDuring a speech at a banking conference in DC, acting comptroller Michael Hsu cited FTX an example of why a “consolidated home country supervisor” is needed.Mar 7, 2023Jesse Coghlan
TeraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facilityBitcoin mining company TeraWulf has fired up a new “behind the meter” mining facility powered by 100% nuclear power in Pennsylvania.Mar 7, 2023Stephen Katte
White House ‘aware’ of the Silvergate situation, says spokeswoman The spokeswoman said that she wouldn’t be commenting specifically on Silvergate, but the White House will be actively monitoring the situation with the crypto bank.Mar 7, 2023Brian Quarmby
Tornado Cash dev says ‘sequel’ to crypto mixer aims to be regulator-friendlySoleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds.Mar 7, 2023Brayden Lindrea
Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hoursThe highest of the 288 bidders forked out just over 7 BTC for one of the 288 Bitcoin Ordinals-based NFTs up for auction.Mar 7, 2023Martin Young
SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining schemeThe United States Securities and Exchange Commission said Green United’s operation was a fraud, with the community quick to quell fears of the SEC classing crypto mining as a security.Mar 7, 2023Jesse Coghlan
Meet the person who offered comfy beds for ‘scrappy’ hackers during ETHDenverJessy, the name behind Jessy’s Hacker House, helped organize four rental houses in Denver for “genuine scrappy” individuals looking for networking opportunities and more.Mar 6, 2023Turner Wright
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.Mar 6, 2023Kyle White
Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’The FTX debtors want to “unlock” $9 billion in share value and management fees that they dispute through the Delaware Court of Chancery.Mar 6, 2023Derek Andersen
Hermès asks court to halt sales of MetaBirkin NFTs following recent jury decision Hermès says that artist Mason Rothschild has continued to promote his NFTs even after a jury found him liable for trademark infringement, trademark dilution and “cybersquatting.”Mar 6, 2023Judith BannermanQuist
US trustee appeals FTX bankruptcy judge's ruling to deny appointment of independent examinerThe legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case.Mar 6, 2023Turner Wright
Price analysis 3/6: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOLStock markets continue to trend upward, while crypto investors wait for this week’s Federal Reserve statements before choosing which direction BTC and altcoin prices will take.Mar 6, 2023Rakesh Upadhyay
Investor concerns persist as crypto investment products see 4th week of outflowsAccording to CoinShares, outflows from crypto investment funds amounted to $17 million last week, marking the fourth consecutive week of outflows.Mar 6, 2023Judith BannermanQuist
Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020 Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile.Mar 6, 2023Yashu Gola
Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: ReportThe Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place.Mar 6, 2023Derek Andersen
Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experimentThe sun sets on algorithmic stablecoins as Frax shifts to a fully backed model.Mar 6, 2023Nivesh Rustgi