The United Kingdom government recently released Statutory Instrument documentation, stating that UK law enforcement authorities will be able to freeze crypto assets used in crime without requiring a conviction from the end of April. Published on February 29, the document outlines the amendments made to the Economic Crime and Corporate Transparency Act 2023, which expands the power…

In a recent interview, Chainlink founder Sergey Nazarov stated that the current cryptocurrency market cycle is unique due to the sheer amount of new types of buyers entering the market, which may fast-track the adoption of real-world asset tokenization quicker than the industry initially anticipated. Speaking to Bloomberg on February 28, Nazarov emphasized that the recent participants in…

Crypto appears to be in a bull market, perhaps not by a technical definition, but most of the attendees at ETHDenver would agree that it sure feels like it. Even Ethereum co-founder and Consensys CEO Joe Lubin believes that things are looking up for crypto, and he’s convinced that the best is yet to come….

The Crypto Council for Innovation (CCI) submitted a comment on the proposed stablecoin regulatory regime in Hong Kong on the last day of the comment period. The advocacy group’s five-page letter contained substantial criticism of the proposed reserve and operational requirements and mounted a lively defense of algorithmic stablecoins, which Hong Kong authorities had taken…

The Bitcoin bull market officially started on March 1, according to pseudonymous quantitative analyst PlanB, who is also the creator of the controversial stock-to-flow (S2F) model for Bitcoin’s price. The Bitcoin accumulation phase has ended, along with the easy Bitcoin buying opportunities, according to an X post by PlanB, referencing the S2F chart. “Bull market has…

Starknet’s network activity continues to fall despite revisions to its controversial token unlock schedule. For the second time since Starknet announced its provisions airdrop on Valentine’s Day, active users fell below 100,000 addresses, reaching around 43,000 on March 1, according to Starkscan data. Meanwhile, transactions per second declined to 1.90 from the peak of 12.3 observed on airdrop day….

South Korea’s ruling People Power Party has indefinitely delayed its proposal to ease cryptocurrency restrictions, including lifting the ban on local spot Bitcoin exchange-traded funds (ETFs), as per local sources. According to a report by local media outlet Chosun Biz, the party’s reversal of pledges could be linked to challenges in aligning with the government and financial…

Around $400 million in Ether (ETH) has been taken out of the Ethereum layer-2 network Blast after the launch of its mainnet on Feb. 29 at 9:00 pm UTC — unlocking nearly $2.3 billion in staked crypto previously locked up on the network. The optimistic rollup blockchain scaler gives users up to 5% annual percentage yield…

United States Securities and Exchange Commission Commissioner Hester Pierce has advocated for more decentralization in the U.S. financial system, along with a softer approach to crypto regulation and enforcement. Hester Pierce, also known as ‘Crypto Mom,’ closed her fireside chat with CNBC’s MacKenzie Sigalos at the ETHDenver conference on Feb. 29 by stating that decentralization…

Decentralized blockchain platform Aleo has released a statement regarding the recent Know Your Customer (KYC) information exposure. The zero-knowledge (ZK) platform blamed the leak on a copy/paste error in email metadata. Aleo said in a post on social media platform X that the KYC information leak affected about 10 participants from its recent Aleo Learn and Earn…