Bitcoin liquidity drops to 10-month low amid US bank run
The banking crisis has impacted United States-based exchanges the most, with traders suffering due to increased price volatility.
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Bittrex to Close Operations in the US Due to Regulatory Hurdles
On March 31, Bittrex, one of the largest and oldest US exchanges, announced the closure of its operations due to the country’s current “regulatory and economic environment.” According to the…
US government plans to sell 41K Bitcoin connected to Silk Road
On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31.
BUSD deposits and withdrawals via OCBS suspended on Binance.US
Binance.US said it temporarily disabled the One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits.
Terra co-founder Do Kwon’s jail time in Montenegro will be harsh: Report
Now in custody in Montenegro, Do Kwon could be facing "at least a year" behind bars as the country considers extradition requests, according to one criminal defense lawyer.
Government requests for user data from Big Tech increased by 25%: Report
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world.
Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council adviser
Crypto Council for Innovation adviser Sean Lee said more education is needed for policymakers and financial regulators.
US and South Korea requested extradition of Terra co-founder Do Kwon — Montenegro justice minister
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted.
Circle prefers reserves and payment rails with the Fed, says exec
Circle’s APAC vice president said the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed in light of the recent banking…
Adoption and nerves — Crypto pumps amid banking crisis
Despite four major banks imploding recently, Bitcoin remains resilient, but questions persist over the long-term sustainability of its ongoing rally.
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