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Scammers continue to prey on nonfungible token (NFT) users looking to claim Blur token airdrops through the use of numerous scam websites.
According to data from TrustCheck, over $300,000 has been stolen from unsuspecting users that have linked wallets to malicious websites.
More info: https://bit.ly/3Fp08nq
The Ethereum Shanghai Upgrade is inching closer to reality as developers announce that the hard fork is undergoing rigorous testing on the Goerli public testnet.
The final dress rehearsal for Ethereum’s upcoming significant upgrade, “Shapella,” has been conducted on the Goerli testnet. This upgrade marks the next phase in Ethereum’s evolution, following its successful transition to a proof-of-stake consensus mechanism after The Merge.
More info: https://bit.ly/3Ft5RIy
Crypto critic and professor of economics at New York University’s Stern School of Business Nouriel Roubini is expressing skepticism on Bitcoin and other digital assets amid a banking crisis in the US.
In a new Stansberry Research interview, Roubini says that the crypto ecosystem has numerous bad actors, and the end days of the asset class are near.
More info: https://bit.ly/3ZOu2JX
A hacker exploited the decentralized finance (DeFi) platform Euler Finance early Monday morning and stole around $200 million worth of crypto, according to the blockchain security firm SlowMist.
More info: https://bit.ly/3Th272E
The $1 billion deal offered by Binance US to buy assets of bankrupt crypto lender Voyager should be put on hold while key legal objections are ironed out, the U.S. government said in a filing on Tuesday.
More info: https://t.ly/eT9Z
According to a March 15 Bloomberg report citing people familiar with the matter, investigators with the Justice Department were examining whether Signature took adequate measures to detect potential money laundering by its clients.
A separate probe by the Securities and Exchange Commission was also “taking a look” at the bank, according to two anonymous sources quoted by Bloomberg.
More info: https://bit.ly/3TjaFG8
Based on data provided by the crypto analytics platform Coinglass, crypto bears have had a rough day with a significant number of liquidations over the past 24 hours, totaling $314.24 million.
The majority of these liquidations were on the short side, with 83.01% of the liquidations being short positions.
More info: https://bit.ly/3yCnp1b
NatWest (NWG) has joined the ranks of U.K. banks imposing restrictions on its customers making payments to cryptocurrency exchanges.
Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds ($6,090) over a 30-day period, NatWest announced via email on Tuesday.
"NatWest is increasing customer protection against crypto-criminals after 329 million pounds was lost by consumers last year," the bank said.
More info: https://bit.ly/3LjtQxF
ETH break above $1,700. Over the past three days, Ethereum has added over $30 billion to its market cap, surging from a March 11 market cap low of $174 billion to $206 billion, as of today.
More info: https://bit.ly/3l6fmqx
Bitcoin dominated outflows, with $243.5 million leaving long-Bitcoin investment products, while $1.2 million left short-products. Ethereum saw weekly outflows of $11 million. Altcoin net flows were close to neutral – Litecoin and Tron lost $0.3 million in capital, while Solana, XRP and Polygon gained $0.4, $0.3 and $0.1 million respectively. Other altcoins lost a new $1.5 million.
More info: https://bit.ly/3Jc6rvD
Binance is scrambling to find a new service fiat partner to process British pound (GBP) transfers on its trading platform after its current partner, Skrill Limited, announced it would soon cease providing services to the crypto exchange.
More info: https://bit.ly/3JdV5qQ
Bloomberg analyst Elliot Stein gave his insights on Grayscale’s lawsuit against the SEC. The analyst believes that a ruling in the case is likely in the first half of 2023.
More info: https://bit.ly/3mDIIN6
Ethereum-based non-custodial lending protocol Eurler finance faced a flash loan attack on March 13, with the attacker managing to steal millions in DAI, USDC, staked Ether (StETH) and wrapped Bitcoin (WBTC).
According to on-chain data, the exploiter carried out multiple transactions stealing nearly $196 million as per the last update.
More info: https://bit.ly/425E4aZ
Circle USDC reserves are "safe and secure" and liquidity operations will resume when U.S. banks open Monday, CEO Jeremy Allaire said on Twitter.
"We were heartened to see the US government and financial regulators take crucial steps to mitigate risks extending from the fractional banking system. 100% of deposits from SVB are secure and will be available at banking open tomorrow".
More info: https://bit.ly/3LhBDw0
The price of bitcoin rose above $21,400 after the Washington Post reported that U.S. federal authorities are considering safeguarding uninsured deposits at Silicon Valley Bank.
More info: https://bit.ly/3yup7Sp
The core team at Hedera confirmed there was a recent exploit on the network in which hackers stole funds via users' accounts on decentralized exchanges, it said. The affected multiple DEXs including Pangolin, SaucerSwap and HeliSwap.
More info: https://bit.ly/3YC9v9S
Letitia James, the Attorney General of New York State, has filed a lawsuit against KuCoin for allegedly operating as a securities and commodities broker-dealer without registering in the state, according to an official press release published on March 9.
More info: https://bit.ly/3JupVwM
The United States Federal Reserve is set to create a “specialized team of experts” to keep up with developments in the cryptocurrency industry, according to a Fed official, amid concerns from the central bank about “unregulated” stablecoins.
More info: https://bit.ly/3mF8uRa