Crypto News
New Canadian P.M. Carney Closes Gap on Polymarket with BTC-Friendly Poilievre
Newly elected Canadian Prime Minister Mark Carney, who recently won a leadership contest of the Liberal Party to replace Justin Trudeau, has dramatically increased his odds of winning the next federal election in the eyes of Polymarket bettors.Carney now has a 49% chance of winning the next Canadian election, compared to 26% a month ago. Conservative opposition leader Pierre Poilievre's chances are at 51%, down from 72% in February.The next Canadian federal election is scheduled to occur on October 20, 2025.However, under Canada's Westminster system, if the opposition Conservatives and NDP jointly vote against the minority Liberal government on a confidence motion after Parliament resumes from prorogation on March 24, requested by Trudeau on Jan. 6, as he announced his...
Coinbase Ventures Debuts Base Ecosystem Group on Echo Platform
Base has become Ethereum’s top layer two (L2) across several metrics and Base projects will now have access to onchain startup capital on Echo. Echo Hosts Coinbase Ventures’ New Base Ecosystem Group to Expand Crypto Development Projects building on Ethereum’s largest L2 network Base will now have access to early startup capital via the EchoSource link
Massive Campaign Uses Over 700K Wallets in Cryptojacking Scheme
A cryptojacking campaign that encompasses the use of over 700K cryptocurrency addresses has been unveiled by cybersecurity company Ciberark. Massjacker is a crypto jacking tool, meaning that it hijacks the clipboard of the infected devices, changing the cryptocurrency addresses into others, and making people deposit crypto to addresses different than the ones intended. Ciberark estimatedSource link
US Extradites Russia-Israel Citizen Linked to Lockbit Attacks
A Lockbit ransomware developer has been extradited to the U.S., admitting to coding and consulting for the cybercriminal group, which paid him in cryptocurrency. Lockbit Ransomware Developer Extradited to US in Global Crackdown The U.S. Department of Justice (DOJ) announced on March 14 that Rostislav Panev, a dual Russian and Israeli citizen, has been extraditedSource link
Coinbase Scores Big as Vermont Drops Case—Is This the End of Staking Crackdowns?
Coinbase just scored a massive legal win as Vermont rescinds its case on staking services, reinforcing that staking is not a security. This marks another major setback for regulators trying to rein in crypto. Vermont Drops Case Against Coinbase, Strengthening Crypto’s Legal Standing Coinbase Global Inc. and Coinbase Inc. have secured a significant legal victorySource link