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Bitcoin sees 3% correction as GBTC investors dump nearly $600M

The price of Bitcoin stumbled amid a big day of Grayscale’s ETF outflows. JPMorgan analysts think more price corrections are coming post-halving.

US lawmakers advance resolution to get banks in on crypto custody

The House Financial Services Committee has voted to advance a resolution that could overturn the controversial Staff Accounting Bulletin No. 121.

Blast launches Ethereum L2 mainnet unlocking $2.3B in staked crypto

The around 180,000 Blast users have initially withdrawn $400 million from the network after its mainnet launch unlocked billions of staked crypto for the first time.

Bitcoin ETFs set for ‘even bigger wave’ in next few months: Bitwise

Bitwise’s CIO Matt Hougan’s comments come as Bank of America’s Merrill Lynch and Wells Fargo reportedly started offering spot Bitcoin ETFs to its wealth clients.

StarkWare launches open-source ZK prover at ETH Denver

The new open source ZK prover aims to reduce latency and reduce transaction costs for end users.

Biotech, AI and climate tech are booming sectors for startups — Web Summit Qatar

Cointelegraph’s team is at Web Summit Qatar, covering key predictions for 2024 in venture capital, technology and beyond.

Microsoft launches AI-powered ‘Copilot for Finance’

The new service will provide automation features for the Microsoft 365 suite of productivity tools and applications.

BlackRock Brazil launching depositary receipts fund mirroring US BTC ETF

The Brazilian ETF will launch on March 1 on the B3 platform. There are already 13 Brazilian ETFs with crypto exposure.

370K nodes on HyperCycle could combat AGI threat to humanity

A new ledgerless blockchain is connecting AI agents around the world and, one day, hopes they will combine into artificial general intelligence.

Despite 23% gains, Bitcoin options traders still not bullish

Demand for Bitcoin options has been balanced between bulls and bears, meaning whales remain unconviced.

Bitcoin miner reserves held steady in February, despite $40B flows to exchanges

Bitcoin miners’ holdings remained stable in February at around 1.82 million BTC despite miners’ sales ahead of the halving.

Bitcoin price holds above $62K as ETFs see record volumes

Bitcoin price seesaws above $62,000 as U.S. spot Bitcoin ETFs hit record net inflows and trading volumes on Feb. 28.

Prominent short-seller Citron targets Coinbase stock after exchange outage

The crypto exchange quickly repaired the outage on Feb. 28 with no further disruption to users.

OKX adds Uniswap API on DEX, launches gas-free trading

OKX chief innovation officer Jason Lau said that the new feature eliminates common DeFi headaches like slippage, MEV attacks and failed transactions.

Industrial metaverse prototype makes managing workers look like a tycoon game

Bosses of the future may be able to view employee physiological status at a glance, thanks to the industrial metaverse.

Owner of seven-trait CryptoPunk Seedphrase partners with Sotheby’s: NFT Collector

NFT Collector Seedphrase says to know when to take profit and not succumb to crypto market hysteria: Timing the market is essential.

Murder by (smart) contract: Ari Juels publishes crypto thriller

A Cornell Tech professor and blockchain luminary has written a cautionary novel about smart contracts gone rogue.

Funds hacked in 2024 increased by 15.4% vs. the same period in 2023 — Immunefi

Ethereum was the most targeted chain for hackers in 2024, accounting for 85% of the value lost in February.

Darknet market crypto crimes on the rise in 2023, $1.7B revenue — Chainalysis

The Chainalysis 2024 Crypto Crime Report highlights a $1.7 billion revenue surge in darknet markets and a rise in crypto-linked sanctions and new scam trends.

AI-powered community engagement rewards: Chappyz joins Cointelegraph Accelerator

Chappyz, an AI-powered protocol that aims to increase conversational engagement in social media platforms, joins the Cointelegraph Accelerator program.

Are privacy tokens under attack? Aleph Zero co-founder explains

Antoni Zolciak, co-founder of Aleph Zero, explains that delisting privacy-centric cryptocurrencies like Monero is the industry’s way of responding to regulations, and only projects willing to adapt may survive.

Decentralized lending platform Seneca exploited for $6.4M

The Seneca lending protocol was exploited through its ‘performOperations’ function, and over $6M of collateral was drained from it.

AI will be essential in education — but do kids know how to use it?

As AI becomes increasingly prevalent in education, concerns arise over children’s proficiency in navigating its complexities and potential pitfalls.

Hong Kong ends license application drive for crypto exchanges

All crypto exchanges and trading platforms that have failed to file for license applications with the regulator by Feb. 29 must wind up their business in Hong Kong by May 31.

US gov’t moved $922 million of seized Bitcoin after BTC price broke $60,000

The government’s transfer occurred the same day Bitcoin breached the $60,000 mark for the first time in over two years.

Hong Kong allocates $383 million for Cyberport AI scheme

The program intends to help local universities, research institutes and businesses use the AI Supercomputing Center’s computing capabilities.

Seneca stablecoin hacker returns stolen funds after $6.4M exploit

The hacker who gained access to around $6.4 million in ETH from the Seneca stablecoin exploit has returned over $5 million to the project after accepting a 20% bounty.

South Korea’s ruling party backtracks on spot Bitcoin ETF election promise

The People Power Party, led by Rep. Yoon Chang-hyun, intended to announce a virtual asset pledge last week but has postponed it indefinitely.

Spot Bitcoin ETFs record new ATH of $680M as BTC bull run gathers pace

iShares Bitcoin Trust recorded the highest daily inflows on Feb. 28 at $612.1 million, supported by Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF.

Former Blockchain Global director restricted from leaving Australia

Liang “Allan” Guo — was one of three directors of a company that operated the ACX Exchange, which collapsed in 2021 and has been the subject of a federal regulator probe since last month.

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