Former prime minister of Britain, Boris Johnson, is calling Bitcoin a Ponzi scheme on a post on X. Unfortunately, he was quickly ratioed by X users by pointing out Ponzi schemes have a centralized issuer and promise high returns with low risk, none of which are true about bitcoin.
Dubai regulators concluded the platform is unlicensed and must cease offering or promoting any virtual asset services to residents. Until now, KuCoin was offering services to UAE residents without obtaining necessary regulatory approvals.
Richard Heart, founder of the PulseChain and HEX threatened a community members life by doxxing him to Panama murderers. Today, Richard’s own parents got doxxed.
March is going to be a tough month for crypto holders and potential investors as more than a billion dollars’ worth of token unlocks are going to happen. In fact, even more the next seven days, large token unlocks, each costing over $5 million each are scheduled for SUI, JUP, H, GRASS, XPL, EIGEN, KMNO, and SVL.
This is incredibly frustrating. The private key of IoTeX has been hacked and thousands of users trusted this project, and right now the communication feels evasive.
Binance has completed its purchase of 1 billion dollars worth of bitcoin using their SAFU fund. The bitcoin address, 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD, is now home to 15,000 bitcoins, with current value of $1.005 billion.
Spacecoin has announced partnership and token swap with Trump’s WLFI (World Liberty Financial). This collaboration aims to integrate DeFi with satellite internet connectivity, with WLFI utilizing its stablecoin, USD1, to provide payment and settlement services for new users connecting via the Spacecoin network.
A Chicago based derivatives cryptocurrency exchange, Bitnomial has churned out first Aptos Futures exchange that is fully US-regulated. It has first opened its doors for the institutional traders and then to the regular retail users in the coming weeks.
Argentina’s second-largest cryptocurrency exchange, Lemon has launched country’s first credit card that is backed by Bitcoin. This will allow its users to access peso credit without a bank account or credit history and without selling BTC, aiming to turn long-term Bitcoin savings into an everyday financial tool.
Altcoins that have small market caps are in extreme danger. According to latest stats by Bloomberg, the median duration of altcoin rallies has shrunk to mere 20 days.
