The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that the firm and its Irish branch engaged in “false, misleading or deceptive conduct” by publishing scam celebrity crypto ads.
On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point to February 26, 2022, as the time in history when the “Petro Dollar / Euro Dollar monetary system” ended.
COTI’s Crypto Volatility Index project is seeking greater relevance this year, with a number of big updates set to arrive that will entice more investors to bet on the ups and downs of the crypto market.
Recently launched NFT project, Rare Bears, was hit with an attack, after a hacker posted a phishing link in the project's Discord channel, stealing nearly $800,000 in NFTs.
AAVE, the native cryptocurrency of DeFi protocol Aave, has made a strong 30% gain in the last two days forming a bullish divergence from the recent lows. As of press time, AAVE is trading 10% up at a price of $151 and a market cap of $2 billion.
Top U.S. crypto exchange Coinbase has added wallet support for Solana (SOL) and its ecosystem of Solana tokens (SPL).
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed.
Much loved retail video game store chain GameStop (GME) is looking ahead to its long-awaited NFT marketplace and Web3 gaming unit after suffering a net loss of $147.5 million during Q4 2021