Crypto

SIREN continues to outperform every other top 100 alt, posting consecutive double-digit gains.

A key momentum indicator that has been accurate at calling price selloffs since October just triggered.

ZachXBT said the network of fake X accounts used AI to impersonate influencers and post sensational content, generating millions of views and six-figure profits from crypto scams. Blockchain sleuth ZachXBT said on Monday he uncovered a coordinated network of accounts on X using exaggerated or fake war and geopolitical posts to lure users into crypto scams. The investigation identified more than 10 linked X accounts allegedly purchased with follower bases that pushed sensational content and scam links, according to an X thread and screenshots shared by ZachXBT. The fake accounts used AI to impersonate prominent social media influencers such as Mario Nawfal, flooding X with “doomposts” and driving engagement before promoting fake crypto giveaways and pump-and-dump token schemes. “Onchain evidence suggests the scheme profited six figures,” ZachXBT said, adding that the group has been farming engagement and may be preparing another scam. Read more

H100 signed a letter of intent to acquire two Bitcoin treasury companies and their BTC holdings, which could make it the second-largest Bitcoin treasury company in Europe. Sweden-listed health-tech and Bitcoin (BTC) treasury company H100 Group has entered into a letter of intent (LOI) with the shareholders of privately-held Norwegian Bitcoin companies Moonshot and Never Say Die to acquire all shares of the target companies in exchange for newly issued H100 stock. The proposed transaction would be completed with newly issued H100 shares and no cash consideration, a structure intended to preserve the sellers’ Bitcoin exposure while moving the assets into a larger listed vehicle, according to a Monday press release. A definitive agreement is expected by April 22, with closing targeted after H100’s annual general meeting. H100’s public materials currently show inconsistent AGM dates: its investor-relations calendar lists April 21, while a March 12 company notice referred to an AGM on May 21. Read more

The cryptocurrency market has lost more than $200 billion in total capitalization over the past few days. This comes on the back of a 7% drop in Bitcoin’s price, which also dragged down most altcoins. Ripple’s XRP is no exception. XRP Price Shaky Amid Global Uncertainty At the time of this writing, XRP is trading […]

The crypto industry finally got the clear lines it spent years demanding from Washington. Six days after the SEC and CFTC unveiled their new crypto framework, the policy is now moving into the formal publication process through the Federal Register, giving the market a clearer sense of what this week's regulatory reset actually is and […] The post The SEC just gave crypto its clearest win in years, but much of it could still be reversed appeared first on CryptoSlate.

Your look at what's coming in the week starting March 23.

A letter attributed to the jailed FTX founder was shipped via FedEx and misidentified his prison, prompting prosecutors to question its authenticity

Crypto scammers are discovering new ways to lure victims, engagement-baiting on the back of negative trendy content.

PI Network is losing grounds and another viral altcoin has managed to overtake it already.

A popular analyst has flagged Bitcoin's rebound last week as a bull trap and warned that a deeper correction could follow amid broader market weakness.

Bithumb was reportedly given a six-month partial suspension by South Korea’s Financial Intelligence Unit for alleged anti-money laundering failures. Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly seeking to reappoint CEO Lee Jae-won despite recent alleged anti-money laundering failures and other controversies, according to the Korea Times. The exchange will convene its regular shareholders’ meeting on March 31, and a proposal to keep Lee in the top job will be put to shareholders, the Korea Times reported on Sunday, citing industry sources. His current term expires at the end of the month, and a successful renewal would keep Lee as the exchange’s CEO for another two years. Cointelegraph has contacted Bithumb for comment. Read more

The protocol holds $95 million in assets against $173 million in liabilities, leaving it functionally insolvent. USR is trading at $0.27, down 72% in a week.

Traders on decentralized exchange Hyperliquid are increasingly favoring perpetual futures tied to commodities.

Bitchat saw a spike in downloads during protests in Madagascar, Nepal, Indonesia and Iran over the last year, and global unrest could see more cases like it. Decentralized, blockchain-based messaging and social media apps saw a surge of interest over the last year amid civil unrest and communication blackouts in the Middle East, Asia and Africa.  Search interest in decentralized social media has grown 145% over the last five years, according to Exploding Topics, while decentralized peer-to-peer messaging service Bitchat saw a spike in downloads during protests in Madagascar, Uganda, Nepal, Indonesia and Iran in recent months. “I think people are starting to trust open protocols more than they trust closed companies,” Shane Mac, the CEO of XMTP Labs, told Cointelegraph in a recent interview.   Read more

One of India's largest crypto exchanges said the move is based on a coordinated fraud using fake CoinDCX identities.

A busy week lies ahead on the US economic calendar as markets continue to reel from the war in the Middle East and global fuel shortages. 

Lawmakers are expected to weigh steps toward on-chain securities, even as the bigger legal and investor risks remain unresolved.

Stocks look to be catching with BTC's earlier crash to nearly $60,000.

Boyaa Interactive International is the 23rd-largest Bitcoin treasury and the third-largest in Asia, behind Japan’s Metaplanet and China’s Next Technology Holding. Hong Kong-based Web3 gaming firm Boyaa Interactive International said it is seeking shareholder approval to expand its crypto treasury, planning up to $70 million in purchases over the next year. In a statement on Sunday, the Hong Kong-listed company said it is looking to use its “idle cash reserves during periods of weakness in the cryptocurrency market” to increase its existing positions and to support the research and development of Boyaa’s Web3 gaming business. If approved by shareholders, Boyaa said it would invest in crypto tokens with “good market liquidity, large market value, wide recognition on the market and relatively long-term holding value.”  Read more