Market
Legal
xAI Corp owner Elon Musk sues OpenAI for straying from non-profit roots
Elon Musk has demanded that OpenAI return to its non-profit focus, instead of ventures with Microsoft.
Exchanges
Nigeria reportedly considers $10 billion Binance fine over illegal transactions and registration
Binance's regulatory woes deepen in Nigeria with the authorities increasing their scrutiny of the platform and its operations.
Legal
SEC faces pushback from states over crypto regulations in Kraken case
The amicus briefs argue that the SEC was overreaching its regulatory authority in the lawsuit against Kraken.
Layer-2
Blast network TVL plummets 65% losing $2 billion in 24 hours post-mainnet launch
Phishing attacks have marred Blast's layer 2 network mainnet launch, millions lost.
Tokenization
Over $3 billion in crypto tokens set to unlock this March, with Arbitrum ‘massive’ unlock
Arbitrum's token unlock will double its circulating supply in major March crypto event valued at more than $2 billion.
Technology
Metis integrates Chainlink’s CCIP to boost ecosystem growth and cross-chain capabilities
Metis hopes to amplify its market presence through the integration of Chainlink's cross-chain technology.
Crypto
MicroStrategy’s MSTR shares rally, earns spot among top 500 US companies
MicroStrategy's Bitcoin gamble pays off with a $1 billion 24-hour profit.
Bankruptcy
SEC accuses Terraform Labs of diverting $166 million to legal team ahead of court decisions
The regulator seeks the return of $81 million from Terraform Labs' legal payments.
Crypto
Gemini strikes deal to return all assets ‘in kind’ to Earn users instead of historic dollar equivalent
The settlement is still pending finalization and approval from the Bankruptcy Court.
Crypto
Price speculators sees highest single-day loss of $774 million YTD amid Bitcoin upward trajectory
Bitcoin's price swings in a largely positive market left eggs on the face of some traders.
ETF
Ark Invest and 21Shares enhance Bitcoin ETF transparency with Chainlink integration
Market observers have urged the Bitcoin ETF issuers to embrace industry-standard transparency measures.
Exchanges
Binance drops Nigerian naira from P2P platform amid forex manipulation concerns
The Nigerian authorities have intensified their focus on Binance amid the escalating foreign exchange issues.