Craig Wright Comes Out the Loser in a Recent BTC Copyright Case

Australian computer scientist Craig Wright has found himself on the losing end of a bitcoin-related copyright case. It has been decided by a U.K. judge that the file format of the bitcoin blockchain project can’t be protected by any form of copyright law. Craig Wright Holds a Losing Torch Wright has been at the center of controversy in the crypto […]

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DeFi lender Tender.fi suffers exploit, white hat hacker suspected

An alleged ethical hacker has drained $1.59 million from the decentralized finance (DeFi) lending platform Tender.fi, leading the service to halt borrowing while it attempts to recoup its assets. Web3-focused smart contract auditor CertiK, and blockchain analyst Lookonchain, flagged an exploit that saw funds drained from the DeFi lending protocol on March 7. Tender.fi confirmed the incident on Twitter, citing […]

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Litecoin Falls Rapidly As It Faces Fierce Rejection At $97.50

Litecoin (LTC) price has fallen below the moving average lines. In the bearish trend zone, the cryptocurrency asset is prone to decline. Long-term forecast of Litecoin price: bearish At the time of writing, the Litecoin price had fallen to a low of $85. The decline is likely to continue until it reaches the $80 mark. According to the price indicator, […]

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China announces plans for new national financial regulator

The Chinese government has plans for a governmental overhaul, according to a new announcement. This includes introducing a new national financial regulator. On Tuesday, March 7, the government announced that its current banking and insurance watchdog, the China Banking and Insurance Regulatory Commission (CBIRC), will be abolished. The responsibilities which previously belonged to this commission will be moved to a […]

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WeChat integrates digital yuan into its payment platform

WeChat, China’s leading social networking and payment app, has added the country’s central bank digital currency (CBDC), to its payment services, according to reports in local media. The move aims to help broaden the appeal of the digital yuan. WeChat now supports the fast payment function of the digital yuan wallet, making it the second payment platform to do so […]

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Cardano (ADA) Price Analysis: Bears In Action Below $0.35

Cardano price is struggling below $0.355 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if it clears the $0.340 and $0.355 resistance levels. Cardano Price Analysis In the past few days, cardano price saw a fresh decline below the $0.380 zone against the US Dollar. The ADA/USD pair declined below the $0.355 and $0.350 […]

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Coinbase CEO hints its new layer-2 network could include AML measures

Coinbase chief executive Brian Armstrong has hinted that the firm’s new Layer-2 blockchain network Base may be subjected to transaction monitoring and anti-money laundering measures at launch. In an interview with Joe Weisenthal on Bloomberg Radio on Mar. 6, Armstrong acknowledged that Base has some centralized components today, adding “it will be more and more decentralized over time.” However, he […]

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Ethereum Price Analysis: ETH Could Struggle To Recover

Ethereum price is declining below $1,600 against the US Dollar. ETH/USD remains at a risk of more downsides below the $1,550 support zone. Ethereum Price Analysis This past week, ethereum struggled to clear the $1,670 resistance zone against the US Dollar. ETH price attempted a few times to clear the $1,670 level but failed. A swing high was formed near […]

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SEC accuses Utah firm of 'fraudulent' $18M crypto mining scheme

Software and crypto mining equipment offered by the Utah-based Green United LLC was part of an $18 million “fraudulent scheme” that never mined the crypto it said it would, according to allegations by the United States Securities and Exchange Commission (SEC). The regulator filed a complaint in a Utah District Court on Mar. 3 against Green United, its founder, Wright […]

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