Ripple secures Dubai license to offer crypto payments in UAE
Blockchain payment provider Ripple received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE). The company announced on March 13 that it had secured its DFSA license, allowing it to operate in the Dubai International Financial Center (DIFC), a UAE free-economic zone […]
Argentine lawyer requests Interpol red notice for LIBRA creator: Report
Argentine lawyer Gregorio Dalbon has reportedly asked for a global arrest warrant to be issued for Hayden Davis, the co-creator of the LIBRA token that caused a political scandal in the country. Dalbon submitted a request to prosecutor Eduardo Taiano and judge María Servini, who are probing President Javier Milei’s involvement in the memecoin, seeking […]
Lazarus Group sends 400 ETH to Tornado Cash, deploys new malware
North Korean-affiliated hacking collective the Lazarus Group has been moving crypto assets using mixers following a string of high-profile hacks. On March 13, blockchain security firm CertiK alerted its X followers that it had detected a deposit of 400 ETH (ETH) worth around $750,000 to the Tornado Cash mixing service. “The fund traces to the […]
Hardware wallet Ledger helps competitor Trezor resolve security vulnerability
Hardware wallet provider Trezor has patched up a security flaw in two of its latest models after competitor firm Ledger’s open-source research arm discovered a vulnerability in their microcontrollers. Ledger Donjon acknowledged Trezor has made several security advancements of late but found cryptographic operations could still be performed on the microcontroller of Trezor’s Safe 3 […]
Nebraska governor signs bill to regulate crypto ATMs, citing growing fraud
The governor of Nebraska, Jim Pillen, has signed legislation to protect against cryptocurrency fraud as crypto ATM crime skyrockets in the United States. “Cryptocurrency is an important, emerging industry, and we’ve been working hard to build Nebraska into a cryptocurrency leader,” said Governor Pillen on March 12 following the signing of the bill. “An important […]
Traders could be prepping to buy as USDT activity hits 6-month high
Onchain activity for Tether has hit a sixth-month high, possibly indicating traders are gearing up to jump back into the market, according to analysts. Data shared by the blockchain data platform Santiment in a March 12 X post shows Tether’s (USDT) onchain activity has been on the rise, peaking with over 143,000 wallets making transfers […]
ETH/BTC hits 5-year low as trader suggests rotation into stronger alts
Ethereum’s value against Bitcoin has hit its lowest level since mid-2020, with a crypto trader suggesting that it might be time to shift into higher-performing altcoins. “If still stuck on ETH, it is likely a good time to dump it to buy a higher beta altcoin,” economist and crypto trader Alex Kruger said in a […]
Crypto trading volume slumps, signaling market exhaustion: Analysis
Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts. Crypto-wide trading volume has been dropping since it peaked in February amid dip-buying opportunities. According to CoinGecko data, daily trading volume hit its highest level this year in early February when it reached […]
Crypto trader gets sandwich attacked in stablecoin swap, loses $215K
A crypto trader fell victim to a sandwich attack while making a $220,764 stablecoin transfer on March 12 — losing almost 98% of its value to a Maximum Extractable Value (MEV) bot. $220,764 worth of the USD Coin (USDC) stablecoin was swapped to $5,271 of Tether (USDT) in eight seconds as the MEV bot successfully […]
US CPI comes in lower than expected — Are rate cuts coming?
The latest US core Consumer Price Index (CPI) print, a measure of inflation, came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in headline inflation figures. According to Matt Mena, crypto research strategist at 21Shares, the cooling inflation data adds to the likelihood that the Federal Reserve will […]