Bitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and Exchange Commission (SEC) pointed out some accounting errors the firm made. According to a Feb. 27 SEC filing, Marathon will restate its unaudited Q1, Q2, and Q3 quarterly reports from both 2021 and 2022 in addition to its audited annual report from 2021. […]

Stuart Alderoty, Ripple’s Chief Legal Officer, has said that Gary Gensler needs to recuse himself from future decision-making exercises touching on the classification of cryptocurrencies. Today, the lawyer suggested that Gensler future decisions were likely to be biased, referencing a recent interview in which the U.S. Securities and Exchange Commission chair said that every crypto asset except Bitcoin was a security. […]

Increasing competition among the top marketplaces and new projects entering the market is driving positive sentiment. Upstart marketplace Blur recently toppled OpenSea to become the top platform for digital collectables. On-chain data shows an increase in activities based on the Ethereum application layer – partly due to high NFT transactions – an indication that the market for digital collectables could […]

According to a press release published by cryptocurrency exchange OKX on Feb. 28, the firm said that it seized 2,014,381 Tether (USDT) from five accounts suspected of partaking in “malicious market manipulation,” of the Celestial (CELT) token. As told by OKX, on Feb. 26, Celestial developers announced the creation of a new blockchain game. Shortly afterwards, the Celestial developers allegedly […]

Two 37-year-old Estonian citizens named Sergei Potapenko and Ivan Turogin have been arrested after potentially defrauding hundreds of thousands of people in an alleged crypto scheme. The money lost at the time of writing is believed to exceed $575 million. Two Estonian Men Arrested for Crypto Fraud The scheme involved several false rental contracts, along with a fake bank and […]

According to a a Reuters report published on Feb. 28, American payment processors Visa and Mastercard has delayed the launch of new partnerships with crypto firms due to a series of high-profile bankruptcies in the industry that have led to increased regulatory scrutiny. The move follows a period of warming relations between payment giants and crypto firms as the popularity […]

In the aftermath of the FTX collapse, Forbes published an article focused on the recent “shuffling” of funds by the cryptocurrency exchange Binance.  However, the following day on Feb. 28, Binance co-founder and CEO Changpeng Zhao took to Twitter to tackle the FUD. In response to the article, the CEO said: “They seem to not understand the basics of how an exchange […]

The Ethereum blockchain’s Sepolia testnet has undergone a successful upgrade that simulates the upcoming Shanghai hard fork expected to take place on mainnet in March. The “Shapella” upgrade, which combines the names of the upcoming Shanghai and Capella hard forks, was successfully implemented on the testnet on Feb. 28. Shanghai is the fork’s name on the execution layer client side […]

Cardano price is struggling below $0.38 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if it clears the $0.378 and $0.380 resistance levels. Cardano Price Analysis In the past few days, cardano price saw a fresh decline below the $0.400 zone against the US Dollar. The ADA/USD pair declined below the $0.388 and $0.380 […]