March 7, 2024

Spanish Regulator Orders Worldcoin to Halt Personal Data Collection

The Spanish data protection regulator, AEPD, has instructed Worldcoin to halt the collection of personal data in the country through scans and to refrain from utilizing any data already obtained. This precautionary action was announced on Wednesday after receiving numerous complaints regarding Worldcoin since last summer. These include concerns about the adequacy of information provided...
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FTX, Alameda Settle with BlockFi, Set to Pay $874 Million

Bankrupt firms BlockFi and FTX have announced an agreement “in principle” to settle their disputes. According to a March 6 court filing, FTX has committed to paying up to $874.5 million to BlockFi, marking a potential resolution to a long-standing legal battle between the two entities. $874 Million Settlement Under the agreement terms, subject to...
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Is Ethereum (ETH) a Security? SEC Chair Still Won’t Say

Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), still won’t give a straight answer on whether Ethereum (ETH) legally classifies as a security. During a Thursday interview with Bloomberg, the chairman was asked to clear the regulatory fog surrounding the second-largest cryptocurrency, given that Ethereum spot ETF applications are now piling up...
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Bitcoin Miners Earned $75.9 Million in Daily Revenue, Second-Highest in History

Amidst the market-wide rally, Bitcoin miners appear to be reaping substantial rewards. On March 6th, they earned a staggering $75.9 million in daily revenue marking the second-highest figure in the leading crypto asset’s history. This also represented a notable increase of 30.74% from the previous day and a remarkable surge of 293.1% compared to the...
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5 Best Crypto For Next Bull Run in 2024

Can you sense something happening BTS (behind the scenes) in the crypto market? With Bitcoin’s halving event approaching in April 2024, many of the best crypto for next bull run in 2024 are set to follow BTC’s footsteps and reach new heights. Now is the best time to include altcoins in your crypto portfolio to...
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Stablecoin Standard and Aleph Zero Announce Strategic Partnership to Facilitate the Future of On-Chain Commerce

[PRESS RELEASE – London, United Kingdom, March 7th, 2024] Stablecoins pegged to fiat currencies are key for mainstream blockchain adoption, but only if transactions remain private. Stablecoin Standard, the industry body for stablecoin issuers globally, and Aleph Zero, a privacy-enhancing layer 1 blockchain announce their strategic partnership aimed at stimulating commerce on chain. By partnering...
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Reasons Why Fetch.AI’s FET Token Soared 360% and Hit All-Time High

Fetch.AI’s native token, FET, has witnessed a 360% since 2023, with a notable rise from $0.6 to an all-time high of $2.84, which was partly driven by the v0.17 update in early February. As a result, FET briefly entered the list of the top 50 crypto assets market cap before sliding two positions down. The...
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South Korean Police Request Aid in Extraditing Do Kwon: Report

The National Police Agency of South Korea is calling for help with extraditing Do Kwon shortly after a Montenegro court refused to send him to the United States. Per a report from local outlet Newsis, the agency sent a telegram to the Secretariat of the International Criminal Police Organization (Interpol) on Thursday. “We hope for...
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Telos Introduces ETH France President Jerome de Tychey as First Member of Executive Advisor Committee

[PRESS RELEASE – PARIS, Canada, March 7th, 2024] Telos today welcomes Jerome de Tychey as the inaugural member of its new Executive Advisor Committee, which will provide guidance, resources and ecosystem support to the project in order to enhance its growth and development. de Tychey is the current President of Ethereum France and CEO of...
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New Modular Blockchain Blackwing Raises $4.5 Million to Build Liquidation-Free Trading

[PRESS RELEASE – New York, United States, March 7th, 2024] Blackwing has completed a $4.5 million funding round led by Hashed and Gumi Cryptos. The investment is for the development of the first modular layer 2 blockchain designed for liquidation-free leveraged trading for any asset. The blockchain uses an innovative approach called Limitless Pools, enabling...
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Firewall Raises $3.7M to Take Smart Contracts Mainstream with Programmable Finality

[PRESS RELEASE – San Francisco, USA / California, March 7th, 2024] Firewall secures funding from North Island Ventures, Breyer Capital, and Hack VC to bulletproof smart contract networks. Firewall, a blockchain infrastructure startup, announced its $3.7M pre-seed round, co-led by North Island Ventures, Breyer Capital, and Hack VC. Firewall transforms the usability of smart contract...
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Bitcoin Kimchi Premium in South Korea Soars to 2-Year High, Is That Bad News for BTC?

South Korea’s Bitcoin kimchi premium has soared to levels last in 2021 amid Bitcoin’s latest rally that resulted in a new all-time high. Data from CryptoQuant shows that the premium index reached a 27-month high of 10.32% on March 6, indicating surging demand and growing interest in BTC among local investors in the South Korean...
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LEGEND Token Announces Presale Event for Revolutionary Digital Collectibles Platform

[PRESS RELEASE – Laurens, USA, March 7th, 2024] LEGEND Token, the premier platform for digital collectibles, is excited to announce its presale event, starting on March 5th 2024. This event marks the beginning of a new era in digital ownership, offering collectors and creators a unique opportunity to be part of the LEGEND Token ecosystem...
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Change in Base Initial Margin and Maintenance Margin for 14 Contracts

On 14 March 2024 at 04:00 UTC, we will update the Base Initial Margin and Base Maintenance Margin requirements for 14 contracts. These changes will apply to new positions, new orders and any leverage or Risk Limit changes, applied to existing positions or existing orders. The current Margin requirements for our products can be found...
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NFT Platform Lost Worlds Launches Creation Portal to Enable Simplified GeoNFT Minting

[PRESS RELEASE – New York, United States, March 7th, 2024] Location-based NFT platform Lost Worlds has launched a new Creation Portal, enabling users to create and deploy geographically-linked digital collectibles (geoNFTs) with unprecedented ease. The team behind the multi-chain platform says the portal will propel its ecosystem into full autonomy and sustainability by bringing its...
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Bitcoin Supply Distribution Begins But Sustained Bull Market to Continue: Analysis

On March 7, crypto analyst Dylan LeClair posted a lengthy report on the current state of the Bitcoin market. “Supply distribution has started,” he said, highlighting how Bitcoin holders have started to sell as new market entrants emerge, namely exchange-traded funds. However, there was no reason to be concerned because the ETFs are seeing massive...
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Announcement on Quarterly Futures Listings for Q2 2024

On 12 March 2024 at 04:00 UTC, we will be listing new quarterly futures on BitMEX. The new contracts are already visible on the platform now as Unlisted. Please see the table below for the listing and settlement dates of current and upcoming futures contracts for Q2 2024. The new contracts and updated contract specs...
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SEC Requests Court Intervenes in Binance Discovery Process

The SEC’s lawsuit against Binance has been ongoing since June when the regulator served a lawsuit to Coinbase as well. The proceedings have had their ups and downs. Since then, the main Binance exchange has settled with the SEC when Binance Holdings Ltd was asked to pay fines adding up to $4.3 billion, and former...
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