The reporting of crypto scams in the United States is currently handled by a patchwork of agencies that should be streamlined to better protect consumers, says Coinbase chief security officer Philip Martin. “It’s a very fragmented ecosystem. Where do you report these things? Well, you go here, you go there, you go somewhere else,” Martin … Read more
A California financial regulator says users reported seven new types of crypto and AI scams that it hadn’t seen before through thousands of complaints in 2024. The California Department of Financial Protection and Innovation (DFPI) said in a March 10 statement that it received 2,668 complaints in 2024 and found seven types of scams they … Read more
Strategy (MSTR) shares have fallen 30% since its executive chairman and former CEO, Michael Saylor, was featured on the cover of Forbes, according to stock price data from Yahoo Finance. Between Jan. 30 and March 10, Strategy’s shares dropped from $340.09 to $238.25. The tumble includes a 17% decline on March 10 amid the wider … Read more
Ether (ETH) price dropped below $2,600 on Feb. 24 and has since struggled to sustain a meaningful recovery. The latest correction toward the $2,000 level triggered over $918 million in leveraged long (bull) liquidations in ETH futures within 15 days, according to CoinGlass data. Traders now question what needs to happen for ETH to break … Read more
The cryptocurrency industry will benefit more from US regulatory clarity than from President Donald Trump’s plan to create a national Bitcoin (BTC) reserve, several cryptocurrency executives told Cointelegraph. Trump’s March 6 executive order creating a US strategic Bitcoin reserve and a separate digital asset stockpile for altcoins left crypto industry executives underwhelmed. Meanwhile, they are … Read more
The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State Senator Charles Schwertner, who introduced the bill, argued that it would help Texas add a valuable and scarce asset to its balance sheet. Amid fears of Bitcoin (BTC) contending against the US dollar as a … Read more
Mark Carney, a Canadian economist and now Prime Minister-designate, is already under the microscope for his previous remarks regarding cryptocurrency. Carney, who replaced former Prime Minister Justin Trudeau, took a measured and critical approach to cryptocurrencies, namely Bitcoin (BTC), in a 2018 speech he made at the Bank of England. He also shared concerns over … Read more
Asset manager REX-Osprey is seeking to launch an exchange-traded fund (ETF) designed to hold the Movement Network’s native token, MOVE, according to a March 10 announcement. The filing comes as Movement, a layer-2 (L2) blockchain network, launches its public mainnet beta, Movement said. It is the latest example of a fund sponsor filing to list … Read more
Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price sags closer to new four-month lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD down around 4% on the day to reach $79,170 on Bitstamp. Weakness … Read more
Opinion by: Merav Ozair, PhD Technology is advancing at the speed of light today more than ever. We have surpassed Moore’s law — computational power is doubling every six months rather than every two years — while regulations are, and have been, playing catchup. The EU Artificial Intelligence Act just came into force in August … Read more