Crypto exchange OKX has temporarily suspended its decentralized exchange (DEX) aggregator in response to concerns over its alleged misuse by the North Korean hacking group Lazarus. The move comes amid heightened regulatory scrutiny from European authorities investigating the platform’s role in laundering funds from a major crypto heist. In a statement on March 17, OKX…
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Peter Schiff Predicts Bitcoin to Drop Below $65K if Nasdaq Crashes
Economist and market commentator Peter Schiff cautions that Bitcoin could face severe losses if the broader market downturn continues. He argues that Bitcoin’s strong correlation with the NASDAQ makes it particularly vulnerable, predicting that if the tech-heavy index declines further, the leading cryptocurrency could experience even steeper drops. “The NASDAQ is down 12%,” Schiff noted…
New Phishing Scam Targets Coinbase, Gemini Users, Urging Transition to Self-Custody Wallets
Several crypto users have flagged new sophisticated phishing scam mails, targeting Coinbase and Gemini users. These legit-looking fraudulent emails claim to be from the crypto exchange, asking users to transition crypto holdings into self-hosted wallets. “As of March 14, Coinbase is transitioning to self-custodial wallets,” the fake mail read. The scammers also send verification texts…
Debiex Ordered to Pay $2.5M After CFTC Alleges Romance Scam Operation
Crypto trading platform Debiex has been ordered to pay approximately $2.5 million after failing to respond to a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC), which accused the company of operating a romance scam targeting investors. On March 13, Arizona federal court Judge Douglas Rayes granted the CFTC’s motion for summary judgment,…
ECB Official Warns US Crypto Policies Could Trigger Next Financial Crisis
The US’ growing embrace of cryptocurrencies and non-bank financial institutions could set the stage for the next financial crisis, according to European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau. Speaking in a recent interview with French weekly La Tribune Dimanche, Villeroy cautioned that the US is taking a dangerously negligent approach toward…
Russian Crypto Miners ‘Turning Their Attention to Dogecoin’ – Lawmaker
Russian crypto miners are increasingly turning their attention to Dogecoin (DOGE) and other altcoins, with a lessening focus on Bitcoin (BTC), a leading lawmaker has claimed. Per a Telegram post from the Russian lawmaker Anton Gorelkin and a report from the media outlet RBC, 8.4% of Russian crypto miners are putting their efforts into mining…
South Korean Central Bank ‘Negative’ About Launching Strategic Bitcoin Reserve
The South Korean Central Bank, the Bank of Korea (BOK), says it is “not considering” creating a national strategic Bitcoin reserve. Per Dong-A Ilbo, the BOK has finally broken its silence on the matter of “Bitcoin (BTC) stockpiling.” The bank said it “must be cautious” about including Bitcoin in its “foreign exchange reserves.” South Korean…
AI16Z Is on the Rise – Price up 8.1% This Week. Will This Last?
AI16Z has gained 8.1% over the past week, now trading at $0.1996, with a 24-hour increase of 2.59%. The token’s daily trading volume stands at $60.53 million, bringing its market capitalization to $219.62 million and securing its #173 ranking in the crypto market. While bullish momentum remains strong, AI16Z faces resistance near $0.2083, a key…
A8 Up 145% in 24h: Can Explosive Growth Hold?
Ancient8 (A8) has witnessed an astonishing 145% gain in the past 24 hours, pushing its price to $0.2455 with a trading volume of $113.16 million. The surge has propelled A8 to rank #428 in the crypto market, with a market cap of $65.32 million and 266.07 million A8 tokens in circulation. However, the rally has…
Can Micron (MU) Overcome the Market Hurdles for a Strong Rally?
The performance of Micron Technology Inc. (MU) stock has been a constant topic of interest in financial markets. Despite strong projections and a track record of innovation in the semiconductor industry, the ability of its stock to sustain a significant rally could be challenged by economic and sector-specific factors. In this article, we will explore…