FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says
Deputy Treasury Secretary Wally Adeyemo wrote a letter to lawmakers discussing the extent to which Hamas may be using crypto.
Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.
Michael Saylor’s MicroStrategy Raising Another $500M to Buy More Bitcoin
The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.
Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says
Bitcoin nearly doubled in price since late January, but a “counter move seems to be near,” Swissblock analysts said.
U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims
The $2.3 million includes $400,000 tied to a pig butchering scam that targeted a Massachusetts resident.
Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product
The judge found that the SEC’s complaint “plausibly alleges” that the two crypto firms offered and sold unregistered securities via Gemini Earn.
The Protocol: Is Ethereum’s Dencun Update All It’s Cracked Up To Be?
Some developers think that shifting the Ethereum ecosystem further towards layer 2 networks could risk setting it down the wrong path.
Dogwifhat Becomes 4th-Largest Meme Coin as Community Completes Fundraising for Las Vegas Sphere Showing
The göğüs coin based on a dog wearing a pink beanie became an instant hit during the ongoing crypto bull cycle, now boasting a $2.6 billion market capitalization, but its skyrocketing price could signal increased market froth.
Coinbase Nixes Page Promoting ‘Elizabeth Whoren’ Meme Coin
The derogatory token targets a U.S. senator who has frequently criticized the cryptocurrency industry.
Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities
Crypto exchange Coinbase (COIN) looks well-positioned to benefit from these growing inflows, the report said.