Crypto News
Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals
After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice (DOJ) accused Kucoin and its founders of breaching the Bank Secrecy Act and anti-money laundering regulations, thereSource link
Bitcoin Mining Was More Profitable in February Than January: Jefferies
Publicly traded North American mining companies produced a smaller share of new bitcoin last month, slipping to 17.5% of the total network, the report said.Source link
Ethereum Founder Vitalik Buterin Wants Validators to Be More Decentralized
Ethereum founder Vitalik Buterin said the network should impose higher failure penalties on large-scale validators or staking pools.Source link
Mega Whale Moves 2,000 Dormant Bitcoins From 2010 in Third Series of Transfers This Month
On March 1, a well-known colossal whale holding bitcoins from 2010 activated 2,000 dormant bitcoins across 40 transactions in a single block. Just four days afterward, on March 5, this entity once more made waves by transferring 1,000 bitcoins originating from the same year. For the third instance in March, this entity has returned, reallocatingSource link
Three Decentralized Platforms to Merge AI Tokens, Create AI Alliance
The three firms are seeking to create an AI collective to provide a decentralized alternative to existing projects that are controlled by Big Tech.Source link