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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.

Solana rockets 13% to new yearly high, led by WIF memecoin frenzy

The price of Solana surged to reach a new 2024 high, while traders are doubling down on the Solana-based memecoin dogwifhat.

Ongoing distrust in banks is holding back the fintech ’revolution’

A deep-rooted distrust toward banks in many developed countries subsists, so crypto and fintech firms will firstly need to regain their trust.

Shido token plummets 94% as exploiter drains Ethereum staking contract

An attacker was able to get control of the Shido blockchain’s Ethereum staking contract and transfer out billions of Shido tokens, according to PeckShield.

Marathon Digital revenue surges 452% in Q4 amid ‘banner year’

Company stock dipped slightly despite the bumper earnings report, though MARA has gained 300% over the past 12 months.

5 big misconceptions about AI creating mass unemployment

A global job takeover won’t be as slow and controlled as many think, but in the end, maybe it’s not such a bad thing, according to ‘Surviving AI’ author Callum Chace.

Crypto miner Marathon Digital unveils Bitcoin layer 2 network Anduro

Anduro utilizes merge-mining, which could allow miners to earn revenue from sidechain transactions while continuing to mine BTC.

Spot Bitcoin ETF volumes shatter record with massive $7.7B traded

Trading volumes for the ten new U.S. Bitcoin ETFs have set a new record, more than doubling their previous high from days ago.

Gemini to return at least $1.1B to Earn customers in settlement with NYDFS

Gemini said that 97% of the assets should be recoverable within two months and the remaining asset balance within the next 12 months.

Nigerian central bank head criticizes Binance, execs reportedly arrested

Crypto exchanges have been suspected of destabilizing the Nigerian naira fiat, but the country’s top central banker said Binance moved billions from unidentified users in 2023.

Bitcoiner wants to plant the orange flag on top of Everest

Dadvan Yousuf said he planned to “hoist the Bitcoin flag at the top of the world” to highlight the “global disparity in access to financial education.”

From zombie to unicorn: VCs discuss startup turnaround at Web Summit Qatar

The key to avoiding startup stagnation is agility, according to Golden Gate Ventures’ Michael Lints and Plus Venture Capital’s Zainab Al Sharif.

Solana NFTs hit $5B in sales, Greg Solano takes reins at Yuga Labs: Nifty Newsletter

Solana-based nonfungible tokens have reached a new milestone, hitting $5 billion in all-time sales volume in February.

HashKey OTC secures in-principal license approval in Singapore

Its parent company, HashKey Group, attained unicorn status in January with a $100 million Series A funding round at a valuation of $1.2 billion.

Bitcoin layer-2 staking offers a superior alternative to interest rates

Unlike traditional interest rates, Bitcoin staking reward rates are determined by the users who participate rather than central banks.

Was the ETH price flash crash to $3,180 triggered by excessive leverage?

Demand for Ether leverage sharply increased in the past 24 hours, but data does not point to liquidations being the main driver for the price correction.

SBF sentencing: Letters highlight efforts to recover FTX funds

The FTX collapse and initial efforts to recover funds are described in new letters attached to Sam Bankman-Fried’s sentencing submission.

Coinbase users report zero balance bug as Bitcoin price taps $64K

While Bitcoin was flirting with a new ATH, an apparent bug caused Coinbase users to see their account balances hit all-time lows.

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