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Digital Currency Group Files Motion to Dismiss Lawsuit by NY Attorney General

Digital Currency Group (DCG), the parent company of the now-defunct cryptocurrency lending platform Genesis Global Capital, has taken action to dismiss the lawsuit filed against it by New York Attorney General Letitia James.Additionally, DCG founder and CEO Barry Silbert has filed a...

, by Hassan Shittu

Bitcoin Will Tumble After Launch of Digital Ruble, Says Russian Economist

Bitcoin will tumble following the rollout of the digital ruble and other major CBDCs, a Russian economist has claimed. Per the media outlet OSN, Alexander Razuvaev, a member of the supervisory board of the Guild of Financial Analysts and Risk Managers, said that crypto would not “die...

, by Tim Alper

Spain Halts Sam Altman’s Worldcoin Eyeball-Scanning Venture Over Data Concerns

Today, Spanish data regulator Agencia Española de Protección de Datos (AEPD) instructed Sam Altman's Worldcoin to halt its operations in the country. This includes stopping the collection of private data through eye scans and ceasing the use of previously gathered data, according...

, by Jimmy Aki

Binance Suspends Solana Withdrawals Amid High Transaction Volume

Binance, the world's largest cryptocurrency exchange, has temporarily suspended withdrawals to the Solana network due to an "increased volume of transactions." According to a Binance announcement released on March 6, the exchange expects to implement a solution and resume withdrawals...

, by Hassan Shittu

India Hosts Nearly 8 Million Verifiable Government Documents on Blockchains

India's National Informatics Centre (NIC), a government agency operating under the Ministry of Electronics and IT (MeitY), has hosted almost eight million government-issued verifiable documents on five blockchains. The NIC recently launched a dedicated website to showcase its various...

, by Ruholamin Haqshanas

No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief

No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5. The FSS chief Lee Bok-hyun this week struck an optimistic note about possible Bitcoin spot exchange-traded fund...

, by Tim Alper

Fetch.ai’s $100M Investment Sets Stage for GPU Rewards Program for Tokenholders

On-chain AI project Fetch.ai has announced the launch of Fetch Compute following a $100 million investment in the project's infrastructure. Fetch Compute is a suite of tools and training capabilities for developers and users working with AI. It bills itself as a project "designed to supercharge...

, by Tim Hakki

UK Regulatory Framework Will Embrace Coexistence of Stablecoins and CBDCs, Aligned with EU Standards

To align with EU standards, the United Kingdom unveiled plans on March 6 to integrate both stablecoins and central bank digital currencies (CBDCs) into its regulatory structure. Former Bank of England (BoE) official Varun Paul detailed the UK’s effort to catch up with the rest of the...

, by Jimmy Aki

Ethereum Game Cross the Ages to Introduce Watch Dogs NFT Cards in Ubisoft Partnership

Ethereum NFT card game Cross The Ages is releasing a new card collection in collaboration with Ubisoft and the Watch Dogs gaming franchise. On April 3, the public can purchase cards featuring Watch Dogs characters in the continent of Artellium, a new map collection in Cross The Ages. Cross...

, by Tim Hakki

Terra Luna Classic Price as LUNC Rallies 70% in 7 Days – $1 LUNC Possible?

The Terra Luna Classic price has shot up by 13.5% in the past 24 hours, reaching $0.0002135 as the crypto market as a whole remains static today. LUNC has now rallied by close to 70% in the past seven days, with the alt also recording an 89% gain in a month. Yet, with the coin up by only 46%...

, by Simon Chandler

Crypto Asset Manager 21Shares Surpasses $5 Billion in AUM

Crypto asset manager 21Shares has surpassed $5 billion in Assets Under Management (AUM) amid market rebound. In a Tuesday press release, the world's largest issuer of cryptocurrency exchange-traded products (ETPs) said $3.17 billion is attributable to 21Shares AG, a subsidiary of...

, by Ruholamin Haqshanas

Hungary Proposes Crypto Law to Regulate Digital Investment Instruments

Hungary is eyeing to establish a comprehensive crypto regulatory framework which would enable local banks to directly offer cryptos. The country’s move to embrace crypto comes at a time when the European Union's Markets in Crypto Assets regulation, MiCA, is due to take effect in...

, by Sujha Sundararajan

Japan’s Daiwa Capitalizes on Crypto Boom, Secures 10% Stake in Singaporean Startup

Japan's Daiwa Securities has decided to acquire a 10% ownership stake in Singapore-based crypto startup Penguin. In a press release Monday, Daiwa cited a growing trend of affluent individuals and institutional investors investing more in the crypto market. The Japanese financial services firm...

, by Shalini Nagarajan

CoinSwitch Becomes First Indian Crypto Exchange to Surpasses 20 Million Registered Users

CoinSwitch has become the first Indian crypto exchange to surpass 20 million registered users. The accomplishment comes amidst a notable resurgence in user activity in India, which can be attributed to several factors. The approval of Bitcoin (BTC) exchange-traded funds (ETFs)...

, by Ruholamin Haqshanas

Revolut Reveals New On-Ramp in Partnership with MetaMask

Banking services provider Revolut has joined hands with the popular crypto wallet MetaMask, revealing Revolut Ramp. According to the press release shared with Cryptonews, Revolut Ramp is the latest crypto offering available to users in the UK and European Economic Area (EEA). With this...

, by Sead Fadilpašić

Bitstamp Secures In-Principle Approval for Digital Asset Services License in Singapore

European cryptocurrency exchange Bitstamp has received in-principle approval for its license application to offer digital asset services in Singapore. The approval, granted by the Monetary Authority of Singapore (MAS), allows Bitstamp to establish its presence in key markets in the...

, by Ruholamin Haqshanas

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