Archives par catégorie: Flash News

Coffeezilla shouldn’t duck Logan Paul suit over CryptoZoo claims: Judge

Coffeezilla shouldn’t duck Logan Paul suit over CryptoZoo claims: Judge

Influencer Logan Paul should be allowed to continue a lawsuit accusing the YouTuber known as “Coffeezilla” of making defamatory remarks about Paul’s failed CryptoZoo project, a Texas magistrate judge said. In a March 26 report filed in a San Antonio federal court, Magistrate Judge Henry Bemporad recommended that federal Judge Orlando Garcia, overseeing the case, […]

South Carolina dismisses its staking lawsuit against Coinbase, joining Vermont

South Carolina dismisses its staking lawsuit against Coinbase, joining Vermont

South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services, which had accused the crypto exchange of offering unregistered securities. The lawsuit was officially dismissed in a joint stipulation between the crypto exchange and the South Carolina Attorney General’s securities division on March 27. “South […]

GameStop stocks hit restrictions on NYSE after short volume rockets 234%

GameStop stocks hit restrictions on NYSE after short volume rockets 234%

The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop after volume spiked to levels reminiscent of GameStop’s famous 2021 short squeeze. GameStop (GME) short sales volume — the total number of shares sold short within a specific timeframe — rose 234% over 24 hours, reaching 30.85 million shares sold […]

Darkweb actors claim to have over 100K of Gemini, Binance user info

Darkweb actors claim to have over 100K of Gemini, Binance user info

Darkweb threat actors claim to have hundreds of thousands of user records — including names, passwords and location data — of Gemini and Binance users, putting the apparent lists up for sale on the internet.  The Dark Web Informer, a Darkweb cyber news site, said in a March 27 blog post that the latest sale […]

EU watchdog wants insurers’ crypto holdings 100% covered, citing volatility

EU watchdog wants insurers’ crypto holdings 100% covered, citing volatility

The European Union’s insurance authority has proposed a blanket rule that would mandate insurance firms to maintain capital equal to the value of their crypto holdings as part of a measure to mitigate risks for policyholders. The new proposal — made by the European Insurance and Occupational Pensions Authority in a Technical Advice report to […]

‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami

‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami

ChatGPT creators OpenAI have introduced rate limits after a viral social media trend that saw nearly everything “Ghiblifyied” — turned into AI art in the style of the famous Japanese animation studio.  OpenAI CEO Sam Altman was one of the first to take part in the trend, posting a portrait of himself generated by the […]

France’s state bank earmarks $27M for crypto with ‘strong French footprint’

France’s state bank earmarks $27M for crypto with ‘strong French footprint’

France’s state-owned bank says it will spend 25 million euros ($27 million) buying cryptocurrencies that support local crypto and blockchain projects. Bpifrance said in a March 27 press release that it would back newly formed projects “with a strong French footprint” where it will receive tokens in return for its investment and will look to […]

SEC has officially closed its investigation into Crypto.com, CEO says

SEC has officially closed its investigation into Crypto.com, CEO says

The US Securities and Exchange Commission has officially closed its investigation into Crypto.com, with no action taken against the crypto exchange, according to the firm’s CEO, Kris Marszalek. It comes seven months after the SEC issued a Wells notice to the crypto platform in August, signaling its intention to take legal action against the firm. […]

US DOJ says it seized Hamas crypto meant to finance terrorism

US DOJ says it seized Hamas crypto meant to finance terrorism

The US Justice Department (DOJ) seized more than $200,000 in cryptocurrency intended to benefit the militant group Hamas it said in a statement on March 27. The cryptocurrency with a total value of $201,400 was traced to fundraising addresses allegedly controlled by Hamas and used to launder more than $1.5 million in digital assets since […]

Sei Foundation floats 23andMe acquisition, genetic data on the blockchain

Sei Foundation floats 23andMe acquisition, genetic data on the blockchain

The foundation behind the layer-1 blockchain, Sei, announced it was exploring the acquisition of the genetic testing company 23andMe after the firm filed for bankruptcy. In a March 27 X post, the Sei network said its foundation was considering purchasing 23andMe “to defend the genetic privacy of 15 million Americans” by putting the company’s data […]

Getting crypto out of the 'AOL era' — Sandeep Nailwal

Getting crypto out of the 'AOL era' — Sandeep Nailwal

The current state of crypto is akin to the internet’s « America Online » (AOL) era during the late 1990s, when the user experience was clunky, technical, featured limited use cases, and moved at dial-up speeds, according to Polygon co-founder Sandeep Nailwal. In an interview with Cointelegraph, Nailwal identified several key areas of development to improve user […]

Solana price struggles to flip $150 to support — Is the SOL bull market over?

Solana price struggles to flip $150 to support — Is the SOL bull market over?

Solana’s native token, SOL (SOL), faced a sharp 8% rejection after briefly touching $147 on March 25. For the past three weeks, SOL has struggled to reclaim the $150 level, which is leading traders to question whether the bullish momentum that was originally driven by memecoin speculation and the rise of artificial intelligence sectors has […]

GameStop wipes out $3B in market cap as stockholders question Bitcoin plan

GameStop wipes out $3B in market cap as stockholders question Bitcoin plan

GameStop shed nearly $3 billion in market capitalization on March 27 as investors second-guessed the videogame retailer’s plans to stockpile Bitcoin (BTC), according to data from Google Finance.  On March 26, GameStop tipped plans to use proceeds from a $1.3 billion convertible debt offering to buy Bitcoin — an increasingly popular strategy for public companies […]

$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?

$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?

Bitcoin (BTC) investors are preparing for the record-breaking $16.5 billion monthly options expiry on March 28. However, the actual market impact is expected to be more limited, as BTC’s drop below $90,000 caught investors off guard and invalidated many bullish positions.  This shift gives Bitcoin bears a crucial opportunity to escape a potential $3 billion […]

Senator Cruz introduces companion bill to prohibit the Fed from issuing a CBDC

Senator Cruz introduces companion bill to prohibit the Fed from issuing a CBDC

US Senator Ted Cruz introduced a bill on March 26 to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The “Anti-CBDC Surveillance State Act,” would prohibit the Fed from offering certain products or services directly to American individuals, a key component of any CBDC. The Texas Republican’s bill can be considered […]

3 reasons why Bitcoin price can’t take out the $90K resistance level

3 reasons why Bitcoin price can’t take out the $90K resistance level

Since reaching a weekly high of $88,752 on March 24, Bitcoin (BTC) price has formed a series of lower highs and lower lows in the 1-hour time frame chart. As the end of the week approaches, Bitcoin price has failed to break above the $88,000 resistance, reducing the chance for a $90,000 retest before the […]

Senator John Kennedy grills SEC nominee Paul Atkins about SBF pardon

Senator John Kennedy grills SEC nominee Paul Atkins about SBF pardon

US Senator John Kennedy grilled prospective Securities and Exchange Commission (SEC) chairman Paul Atkins about a potential pardon for Sam “SBF” Bankman-Fried during the Senate Banking Committee’s March 27 nomination hearing. The Louisiana Republican directed a series of questions about the former FTX CEO toward Atkins and probed the prospective SEC chairman about donations Bankman-Fried’s […]

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin (BTC) faced mixed forces on March 27 as a combination of fresh US trade tariffs and macroeconomic data weighed on risk assets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Gold leaves Bitcoin in the dust amid tariff woes Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility returning at the Wall Street open. BTC/USD […]

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin price rally stalls as gold nears record $3.1K

Bitcoin (BTC) faced mixed forces on March 27 as a combination of fresh US trade tariffs and macroeconomic data weighed on risk assets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Gold leaves Bitcoin in the dust amid tariff woes Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility returning at the Wall Street open. BTC/USD […]

Circle, Intercontinental Exchange to explore stablecoin integration

Circle, Intercontinental Exchange to explore stablecoin integration

Stablecoin issuer Circle and Intercontinental Exchange (ICE), the company that operates the New York Stock Exchange (NYSE) among others and provides clearinghouse services, are collaborating to explore stablecoin integration in ICE’s operations. The companies will explore the potential integration of Circle’s US dollar stablecoin (USDC) and its US Yield Coin (USYC) into ICE’s derivatives exchanges, […]