Bitcoin ETFs see record $742m in outflows over 3 days

Spot Bitcoin ETFs experienced their largest three-day withdrawal since their launch in January. The trend marked a significant shift from the high demand propelling Bitcoin to its all-time high. Between Monday and Wednesday, these ETFs saw a withdrawal of $742 million, indicating substantial outflows from the Grayscale Bitcoin Trust alongside a decrease in new investments in competing funds...

Opensea introduces Seaport 1.6, cutting gas fees up to 5% for some transactions

OpenSea and the Seaport Working Group have released Seaport 1.6, the most recent version of the NFT marketplace protocol for the Ethereum Virtual Machine (EVM) ecosystem. ‘Seaport hooks,’ a new feature of the upgrade, is modeled around Uniswap v4 hooks. The goal of this feature is to facilitate the development of applications that increase NFTs’ utility and...

Coinbase announces futures trading expansion for Dogecoin, Litecoin, and Bitcoin Cash

Crypto exchange Coinbase has announced its plan to launch futures trading products for Dogecoin, Litecoin, and Bitcoin Cash, potentially as early as April 1. The latest move was detailed in three separate communications to the United States Commodity Futures Trading Commission (CFTC) on March 7. Through the initiative, Coinbase Derivatives aims to offer cash-settled futures contracts for these cryptocurrencies on...

US police arrest MEV engineer connected to alleged $1.2 million rug

The U.S. law enforcement has apprehended Robert Robb, an MEV engineer known in the crypto community as “pokerbrat,” according to records from the Henderson Police authority. The reason behind the arrest, which happened on March 20, remains unknown as of press time. However, ZachXBT, the on-chain sleuth who called attention to the situation, claims the development...

British citizen found guilty in $6b Bitcoin fraud scheme

Wen Jian was found guilty by a London court on one count of Bitcoin money laundering in connection to a $6 billion Chinese investment scam. On March 20, a U.K. jury found sufficient evidence linking Jian to Qian Zhimin, the apparent mastermind of a multi-year Bitcoin (BTC) fraud scheme that impacted some 130,000 investors in China,...

QCP Capital predicts a larger bull run post-Bitcoin halving

Crypto asset trading firm QCP Capital predicts Bitcoin to reach a new all-time high post-halving, driven by the wider liquidity rotation. According to the firm’s latest market update, Bitcoin ETF inflows hit a peak on March 12, with over $1 billion entering the market. However, a subsequent decline in net inflows and a significant outflow of $326.2...

STX price jumps amid market downturn following Nakamoto upgrade approval

Bitcoin layer 2 network Stacks (STX) was trending on Google after the network’s Nakamoto upgrade received widespread approval. According to the Stacks Foundation, the upgrade was approved by every voter who had Stacked STX, and 99.98% of the votes cast by those who were not stackers supported the proposal as well. As a result of this community endorsement, the...

We will not tolerate sexual harassment, says Education Ministry

PETALING JAYA: The Education Ministry has taken action in a case involving a teacher sexually harassing a student. The ministry said it would not tolerate any incidents of sexual harassment at any of its institutions. "This case is under the ministry’s attention and action has been taken according to existing guidelines," it said in a statement on...

Perak cops received 460 applications to sell fireworks, 217 approved so far

IPOH: The police have received 443 applications for permits to sell firecrackers and fireworks, says Comm Datuk Seri Mohd Yusri Hassan Basri (pic). The Perak police chief said as of March 22, the police have approved 217 applications throughout the state in conjunction with the Ramadan month. "We rejected one application because the applicant had a criminal...