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Cryptocurrency News

Location American Cryptocurrency News for 1 March 2024
Ordinals Market Registers Record Sale: Bitcoin Budgie Changes Hands for Over $1.1 Million in BTC Leonidas, the pseudonymous founder of Ord.io, an ordinals explorer, has reported one of the biggest sales of inscriptions, the so-called Bitcoin native non-fungible tokens (NFTs), to date. Leonidas stated that the second...
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Unveiling the Dark Web: How Privacy Coins Fuel the Trade of Criminal Material Online Privacy coins are fuelling the proliferation of child sexual abuse material (CSAM), according to Chainalysis’s 2024 Crypto Crime Report. The report highlights crypto’s growing role as tender among dark web vendors of...
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From Low to High -- Bitcoin Fees Jump Over 129% in 4 Days After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. ...
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Jubilant WSM Casino Celebrates $100M Wagered With Major $1 Million $WSM Airdrop Announcement Friday, March 1, 2024 – The Wall Street Memes community are jubilant after a big burn event saw 5% of $WSM supply incinerated, and to keep the party going, WSM Casino has revealed plans for a massive $1 million $WSM ai...
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Coin-for-Coin Payback -- Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy cou...
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SEC in 'Enforcement-Only Mode' for Crypto, Commissioner Peirce Says at ETHDenver "What I reflect is the fact that you all are spending part of your brainpower" wondering how to avoid getting sued, she said during a panel at EthDenver.
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Blackrock's Bitcoin ETF Single-Handedly Offsets Grayscale's $600M Outflow -- IBIT Now Holds 161K BTC Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its...
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SEC Commissioner Says Agency is in SEC Commissioner Hester Peirce has said that the regulatory agency is currently operating in an "enforcement-only mode" when it comes to the regulation of cryptocurrencies. The post SEC Commissioner Says Agency is in “...
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OTC Desks Are Rapidly Running Out Of Bitcoin: Caitlin Long Bitcoin OTC desks are quickly being stripped of supply in the wake of several Bitcoin spot ETF launches last month. The post OTC Desks Are Rapidly Running Out Of Bitcoin: Caitlin Long appeared first on Cryptonews.
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DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report A report sent to Cryptonews by web3 app and antivirus solution De.Fi noted that $82,287,101 was lost in February 2024 from security incidents, with just $1,325,932 recovered. The post DeFi Exploits in February Cause Loss...
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Meme Coin Rally May Signal Impending Altcoin Season; This Is the Sign to Watch Bitcoin has led the crypto advance this year, but altcoins could start outperforming soon, analysts said.
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Bank for International Settlements Releases Executive Summary of Global Stablecoin Recommendations The Bank of International Settlements (BIS) has released its recommendations for the regulation, supervision, and oversight of global stablecoin arrangements, according to an executive summary published on February 29. T...
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The Catch-22 of U.S. Crypto Regulation

Coin Desk - 2 Mar 2024 01:05
The Catch-22 of U.S. Crypto Regulation The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that.
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Russia's FATF Rating Downgraded Over Crypto Regulation Shortfalls The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries ...
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Top Crypto Gainers Today on DEXTools - ORANGEPEPE, STRUMP, NS As Bitcoin (BTC) consolidates just below recent highs in the $60,000s and other major coins like Ether (ETH) and Solana (SOL) take a breather from rallying, traders looking for quick profits are hunting for top crypto ga...
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Worldcoin Price Dips as Elon Musk Sues OpenAI and Sam Altman The price of Worldcoin's WLD token has dipped following news of Elon Musk's lawsuit against OpenAI and its CEO, Sam Altman. Elon Musk, the visionary entrepreneur behind SpaceX and Tesla, filed a lawsuit against OpenAI an...
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Satoshi Era Mega Whale Stirs, Shifts a String of 2,000 Vintage Bitcoins in a Single Block Worth $123M Around 88 days ago, on Dec. 4, 2023, a mysterious mega whale, closely watched by onchain analysts at Bitcoin.com News, made waves again by transferring 2,000 ancient bitcoins from 2010 that was confirmed in a single bloc...
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Trader Loses $70,000 In Seconds to Binance Hack, Details In an X post published on February 29, a trader going by the username "DoomXBT" posted a thread sharing his "strange" experience of getting hacked on Binance. The post Trader Loses $70,000 In Seconds to Binance Hack, Det...
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House Financial Services Committee Votes In Favor of Resolution to Overturn SEC's SAB 121 The House Financial Services Committee voted on Thursday to proceed with a resolution that would "reverse" the United States Securities and Exchange Commission's (SEC) controversial digital asset accounting bulletin, SAB...
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UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.
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ftNFT International Awards 2024 Announces Winners at a Glamorous Ceremony in Dubai PRESS RELEASE. Dubai, UAE (March 1, 2024) - The ftNFT Annual International Awards celebrated the 2024 ceremony on February 27 at Dubai’s iconic Armani restaurant, unveiling this year’s winners. The event, known for i...
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Ordinals Trader Recovers Bitcoin After Fat-Fingered NFT Purchase A cryptocurrency trader shared a riveting tale on social media, recounting the accidental purchase of a non-fungible token (NFT) at 1,000% above its listing price. The trader, whose X username is PrincePablos, paid 0.21 ...
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