Binance Backs US Authorities in Seizing Over $100M Tied to Crypto Investment Scams
Binance has aided the US Department of Justice (DOJ) in seizing over $112 million linked to cryptocurrency investment scams.
Luxury Goods Account for 20% of Items Sold in 2022 by Crypto-Enabled Merchants
According to Merrick Theobald, Vice President of Marketing at BitPay, consumers have gravitated to using crypto to pay for luxury goods thanks to its popularity and the emergence of easy-to-use platforms.
FTX Arena Is Now Kaseya Center: Where Crypto Sports Sponsorships Are Headed
The FTX Arena is no more, and the Miami Heat’s stadium now has the namesake of Kaseya, a Miami-based software company. It’s the latest domino to fall in the slowing of crypto sports sponsorships.
ECB Board Member Warns EU's New Crypto Rules Not Sufficient
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.”
Coinbase Canada Head, Algorand CFO Highlight March Crypto Hires, Exits and Moves
Crypto companies hired several high-level executives in March, more than the previous month, as the market rebounded. Big names, including Coinbase, Immutable and Anchorage Digital Bank, each added leadership roles to their teams.
Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
Srettha Thavisin, who is vying to be the prime minister of Thailand, has promised every citizen 10,000 Thai Baht (approximately $300) in digital currency if his party, Pheu Thai, forms a government following the general election scheduled for May. Thavisin, a real estate mogul turned candidate, says the measure will provide some economic relief to Thais with some of the highest household debt in the region. The tokens to be used for the airdrop have not been disclosed, and the proposal has been met with questions on whether it would be the best use of funds instead of putting it towards alleviating poverty. Recent polls show that the election is going to be a close one, with Pheu Thai having approximately 46% of the vote in recent polls.
I Analyzed 500 L2 Tokens’ Safety Indicators: Here Is What I Found Out
Between 4% and 21% of the top L2 tokens by market cap have security issues.
75% of Crypto Holders Own NFTs, Survey Says
Over 75% of crypto holders own NFTs, a CoinGecko and Blockchain Research lab survey found.
SEC Chairman Gary Gensler Says Crypto Markets and Existing Regulatory Framework Are Compatible
Gensler stated that there is nothing incompatible between the crypto markets and the existing regulatory framework.
UK Uses Love Island Star to Warn Finfluencers on Crypto and Investment Schemes
The financial and advertising regulators of the United Kingdom have teamed up to send a warning to social media “finfluencers” telling them to stop promoting illegal “get rich quick” schemes or face law enforcement.
