Hackers stole $390k from Poolz Finance

Cross-chain Web3 platform Poolz Finance (POOLZ) lost $390,000 to a hacking incident on Mar. 16, according to Forkast News’ report. Hackers attacked Poolz Finance’s token vesting protocols on the Binance Smart Chain (BNB) and Polygon (MATIC) chains, Forkast News noted. The attack was first noticed by crypto sleuth PeckShield, who Tweeted the problem to warn…

ETH/BTC continues to break down, while almost $1B of Bitcoin flows back onto exchanges

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USDT climbs to highest market share since July 2021 amid stablecoin chaos

In a rapid turn of events, Tether’s stablecoin dominance has surged to its highest point in a year and a half, a feat crypto watchers attribute to difficulties surrounding rival stablecoins USDC and BUSD. Tether USDT now stands at its highest dominance over the stablecoin sector in 18 months. According to Blockworks’ data analysis of…

UK to mandate declaring crypto holdings in tax forms

The U.K. is looking to mandate the declaration of crypto holdings in Self Assessment tax return forms. The move was announced as part of the U.K.’s latest annual budget published on March 15 and is expected to raise an additional £10 million for the government. U.K. citizens will have to declare their crypto holdings starting…

Lido expects staked Ethereum withdrawals in May

Liquid staking protocol Lido (LDO) has set a May target for staked Ethereum (stETH) withdrawals. The protocol explained that its timeline was affected by the ongoing audits of its V2 platform. Lido spent $1.2 million on seven audits In a March 14 Twitter thread, the DeFi protocol said it had spent $1.2 million on seven…

Russian exchanges exposed in crypto-for-cash scandal

An investigation into no questions asked transfers between Moscow and London found several Russian crypto exchanges willing to accommodate cash trades. The investigation was conducted by the non-profit organization Transparency International (TI,) which seeks to “end the injustice of corruption by promoting transparency, accountability, and integrity.” Releasing the ironically titled report, “FROM MOSCOW-CITY WITH CRYPTO:…

Gold is pricing in global financial distress, while oil prices in recession

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Singularity pumps 31% in 24H trading after GPT4 launch

The launch of ChatGPT-4 has resulted in a significant spike in the price of SingularityNET’s AGIX. The blockchain-based platform, which allows developers to create, share, and monetize artificial intelligence services, has seen a surge in interest following the release of the advanced AI language model, which has surged over 30% in the last 24 hours….

US PPI lower than expected across the board, Bitcoin touches $25k

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