Crypto
Hacks
Dogecoin, Zcash, Litecoin resolve possible exploit; 280 other chains may be at risk
More than $25 billion of assets are vulnerable, according to security firm Halborn.
NFTs
Facebook parent Meta to abandon NFT pursuits
The company says that it will continue to offer monetization options to creators.
Regulation
Federal Reserve will re-examine its own oversight of Silicon Valley Bank
Chairman Jerome Powell was one leader who commented on the Fed's failures.
Regulation
SEC denies VanEck Bitcoin spot ETF for a third time; commissioners dissent
Commissioner Hester Peirce says the SEC's rules are "uniquely burdensome."
Bankruptcy
Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure
SVB's collapse marks one of the largest bank failures in U.S. history.
Legal
U.S. government appeals Voyager-Binance.US deal
The appeal comes shortly after Voyager received permission to sell its assets.
Hacks
Hedera halts wallet and app access due to possible exploit
The project's mainnet nevertheless continues to operate and confirm blocks.
Mining
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
The tax on energy use aims to reduce the country's deficit by billions of dollars.
Regulation
NYAG sues KuCoin over New York operations
The crypto company will be forced to geo-block all users in the state.
Bankruptcy
Blockchain.com to shutter asset management division
The service closure should not affect the company's retail users.
Taxes
Biden to propose changing crypto tax rules: WSJ
The change is expected to prevent wash trading and raise $24 billion.
Mining
Marathon says it has repaid Silvergate loan, terminated credit facility
Crypto mining firm Marathon has reduced its debt by $50 million.
