Wallets connected to FTX transfer over $100M stablecoins to exchanges

Three addresses connected to bankrupt crypto exchange FTX and its sister trading firm Alameda Research have moved around $145 million to crypto exchanges. In a March 14 tweet, on-chain analyst Lookonchain reported that the addresses transferred 69.64 million USDT to a new address, 0xad6e, which then sent 43 million USDT to Binance, Coinbase, and Kraken….

Crypto therapist reports sharp rise in people seeking addiction help

A therapist at the Castle Craig clinic reported a sharp rise in “crypto trading addiction” cases. Tony Marini heads the gambling, gaming, and cryptocurrency trading behavioral addiction therapy program at the Scotland-based clinic, where he has worked since 2013. Marini told British TV broadcaster ITV that he had treated approximately 200 people for crypto addiction…

EU passes Data Act including smart contract regulation

The European Parliament adopted legislation under the Data Act on March 14, which includes provisions on smart contracts and the internet of things (IoT). The legislation was passed with 500 votes in favor and 23 against it, aiming to boost business model development to create new industries and jobs. Article 30 of the Data Act…

Binance suspended British Pound deposit and withdrawals for new users on March 13

Ad Binance confirmed to CryptoSlate that it suspended the British Pounds deposit and withdrawals for new users on March 13. In a March 14 emailed statement, a Binance spokesperson said its fiat partner for the British Pounds deposit and withdrawals, Paysafe, would no longer offer the exchanges its services from May 22. Due to this,…

Bitcoin smashes through $25,000 on expected CPI news

ARK Invest’s Cathie Wood ‘not surprised’ at crypto market rebound The CEO of ARK Invest said it was no surprise that decentralized, transparent, and auditable crypto market appreciated as U.S. regional bank stock imploded. 13 hours ago · 2 min read

CNBC host Jim Cramer claims Bitcoin is being “manipulated up”

Ad Despite Bitcoin (BTC) price surging +10.34 in the last 24 hours, Jim Cramer claimed that BTC is being “manipulated up.” On the heels of bailouts of SVB and Signature — two major lenders in the U.S. — Cramer says that there is no foreseeable use case for Bitcoin. In response to a question on…

Justice Department investigating collapse of Do Kwon’s TerraUSD stablecoin: WSJ

Ad The U.S. Justice Department has opened a probe into the collapse of Do Kwon’s TerraUSD stablecoin, according to the Wall Street Journal (WSJ). The investigation is said to target former team members of Terraform Labs who the FBI and New York officials have questioned in the U.S. The SEC civil suit includes Kwon, the…