Bitcoin, Ethereum options worth $2.6b expire; investors show caution

Bitcoin and Ethereum options worth early $2.6 billion in notional value expired today amid a broader market pullback. According to Greeks.live, 25,000 BTC options expired, showcasing a Put Call Ratio of 0.56. The ratio indicates a higher interest in call options than puts, suggesting optimism among a segment of investors. The Max Pain point stood at $67,000 with...

Bitcoin ETFs shed $94m on fourth day of net outflows

Bitcoin declined over 5% on March 22 as spot ETFs recorded negative numbers for the fourth consecutive day, mainly due to Grayscale GBTC exits. According to SoSo Value, 10 spot Bitcoin (BTC) ETFs marked $93.8 million in cumulative single-day outflow during trading on March 21. Grayscale’s GBTC accounted for most of the BTC ETF share liquidation, amounting to $358...

Filecoin millionaire joins exchange token’s $888k giveaway

A crypto millionaire participates in Option2Trade’s (O2T) $888k giveaway, reflecting a trend of heightened interest in high-value crypto contests, underscoring broader community dynamics. A Filecoin (FIL) millionaire, having already navigated the highs and lows of the crypto market to amass substantial wealth, has set their sights on a unique opportunity: the $888k giveaway by the exchange...

Worldcoin enhances privacy measures via personal custody plan

Sam Altman’s Worldcoin unveiled a new personal data custody feature and made the core software of its iris-scanning Orb open source. Worldcoin‘s Orb scans individuals’ irises to create World IDs, biometrically unique accounts aimed at establishing a global basic income through the distribution of its WLD token. During a time of skepticism and regulatory scrutiny, particularly over...

Heco Bridge hackers launder over $145m via Tornado Cash in 8 days

Exploiters who hacked Heco Bridge laundered the stolen assets through the controversial cryptocurrency mixer Tornado Cash. Hackers behind the Heco exploit collectively laundered more than 40,000 Ethereum (ETH) worth $145.7 million, according to PeckShieldAlert. “As of today (22 Mar. 2024, UTC), HECOBridge exploiters – labeled addresses – have transferred ~$40,391.8 ETH (equivalent to ~$145.7m) to TornadoCash within...

WisdomTree receives crypto custody launch approval from NYDFS

WisdomTree has received a license from the NYDFS, allowing it to offer cryptocurrency-related products and services. Under New York State banking laws, asset manager WisdomTree has received approval from the NYDFS to operate as a limited liability trust company.With the permission, a WisdomTree Digital Trust Company subsidiary can offer local clients services for storing cryptocurrencies, issuing stablecoins, and...

DePIN-powered initiative aims to expand internet access in India

Wifi Dabba, a decentralized internet service provider, recently announced plans to expand internet connectivity in India by distributing over 100,000 devices across the country. These devices, hosted on the Solana blockchain, are part of the DePIN project, which aims to connect the unconnected by the end of the year. Only 30 million individuals in India, a country of...

Agency denies top South Korean actors Kim Sae-ron, Kim Soo-hyun dating rumours

SEOUL (The south Korea herald/ANN): Rumours that top South Korean actors Kim Sae-ron and Kim Soo-hyun are dating, which began circulating after a post was uploaded on the former’s social media account early morning on March 24, are untrue, said the agency representing Kim Soo-hyun later the same day. “The current rumours of Kim Soo-hyun’s romantic...

Indian minister Jaishankar’s official visit to Malaysia a big boost for relations of two countries, says business council

KUALA LUMPUR (Bernama): The upcoming official visit of India’s External Affairs Minister Dr S. Jaishankar to Kuala Lumpur on Wednesday (March 27) is poised to serve as a crucial platform for both countries to discuss their visions for the Indo-Pacific region, especially as Malaysia prepares to assume the Asean chair in 2025. Co-Chairman of Asean India...

Complaints made in US, Singapore against local firm that promised quick returns on crypto investments

SINGAPORE (The Straits Times/ANN): A Singapore-registered firm is under investigation after allegedly failing to pay investors who have pumped money into its cryptocurrency investment schemes. Reports have been filed against InvesableAI with the Singapore police, and with the United States Federal Bureau of Investigation (FBI) and Securities and Exchange Commission (SEC). Incorporated in the Republic on June...