Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ

The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.Source

Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says

Bitcoin nearly doubled in price since late January, but a “counter move seems to be near,” Swissblock analysts said.Source

Open Data: The Unfulfilled Promise of Blockchain

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Michael Saylor’s MicroStrategy Raising Another $500M to Buy More Bitcoin

The debt offering comes just days after the company closed on an $800 million capital raise, also with proceeds used to buy bitcoin.Source

U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims

The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud.Source

The Protocol: Is Ethereum’s Dencun Update All It’s Cracked Up To Be?

Some developers think that shifting the Ethereum ecosystem further towards layer 2 networks could risk setting it down the wrong path.Source

Dogwifhat Becomes 4th-Largest Meme Coin as Community Completes Fundraising for Las Vegas Sphere Showing

The meme coin based on a dog wearing a pink beanie became an instant hit during the ongoing crypto bull cycle, now boasting a $2.6 billion market capitalization, but its skyrocketing price could signal increased market froth.Source

Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product

A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing.Source

Derogatory Elizabeth Warren Meme Coin Deleted From Coinbase’s Website

Meme coin traders are flocking to a derogatory cryptocurrency that attacks Elizabeth Warren, the Massachusetts senator and prominent crypto critic. Meanwhile, cryptocurrency exchange Coinbase is running awkwardly in the other direction.Source

Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities

Crypto exchange Coinbase (COIN) looks well-positioned to benefit from these growing inflows, the report said.Source