Analysis
Culture
More than 50% of Bitcoin mining uses renewable energy
Almost a quarter of all Bitcoin miners use water to power their setups, while wind and nuclear are the second and third biggest contributors.
Adoption
Space Force major urges Pentagon to hold Bitcoin, give it 2nd amendment protection
Jason Lowery believes Bitcoin should be protected under the second amendment as it is essentially a weapon for self-defense.
Crime
SBF pleads not guilty to all 13 federal indictments
Sam Bankman-Fried's trial is set to begin in October. He is also facing civil charges filed by the SEC and the CFTC.
CBDCs
Citigroup believes CBDCs will lead the way to mass adoption
Citi said that mass adoption will happen when more than a billion people are using blockchain technology without knowing they're using it.
Legal
Texas bill seeks to eliminate incentives for Bitcoin miners
Senate Bill 1751 is sponsored by Texas State Senator Lois Kolkhorst and went through a public hearing on March 28.
Regulation
Binance’s CZ refutes report claiming company has been hiding China ties
Company documents and internal messages reportedly show Binance hid its presence in China, despite claiming it left the country in 2017.
Exchanges
OKX becomes latest exchange to apply for Hong Kong VASP license
OKX is the latest crypto firm to look to set up shop in Hong Kong after the country's pivot to a more crypto-friendly stance.
Legal
Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong
Lawyers believe regulators will be hard pressed to approve Huobi's VASP license due to allegations of misconduct.
Regulation
Bitwise CIO sees ‘no path forward’ for spot Bitcoin ETF
Bitwise CIO Matthew Hougan Speaks on the SEC's Stance on Spot Bitcoin ETFs
Banking
Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath
Draper said cryptocurrencies are a good option to hold excess cash as it needs to be a long-term holding that is easily saleable in times of crisis.
Culture
Crypto twitter turns Greenpeace’s attempt to vilify BTC via art piece into meme
The Skull of Satoshi is the latest in Greenpeace's now year-long "Change the code" campaign to vilify Bitcoin by painting it as an environmental hazard.
Adoption
Nasdaq to launch crypto custody service for BTC, ETH in 2023 to inaugurate digital assets arm
Nasdaq is the latest traditional financial giant to pivot toward crypto — joining the ranks of Fidelity Investments, BNY Mellon and BlackRock.