Solana-Ether Ratio Hits 3-Month Low, Analyst Anticipates Further Losses
The ratio has declined 35% in one month, reaching the lowest since March 13.Source
AI Tokens Led by FET, AGIX Surge as Nvidia Zooms to Become World’s Most Valuable Company
The AI-linked token sector has risen 14% in the past 24 hours, data shows, outperforming other sectors.Source
Monero’s XMR Token Reverses February Slide With Golden Cross
XMR briefly topped $180 last week, reversing the Binance-led February slide.Source
Binance Fined $2.2M by India’s Financial Intelligence Unit
Binance, the world’s largest cryptocurrency exchange, has been fined approximately $2.2 million (18.82 crore INR) for providing services to Indian clients without adhering to the nation’s anti-money laundering rules, India’s anti-money laundering unit announced Thursday.Source
The Protocol
In this week’s abbreviated issue of The Protocol, we’re chronicling the apparent doxing of ‘Pharma Bro’ Martin Shkreli as the driver behind the recently-but-no-longer mooning $DJT token, plus the SEC’s apparent retreat on probing the Ethereum developer Consensys.Source
Jump Crypto Adds $10M to Industry’s U.S. Political War Chest, Raising PAC to $169M
Jump Crypto put another $10 million into the U.S. political action committee (PAC) that’s seeking to rush as many pro-crypto members into Congress as possible to achieve legislation the industry is after, a spokesman for the PAC confirmed.Source
Kraken Says Hackers Turned to ‘Extortion’ After Exploiting Bug for $3M
The bug found by a “security researcher” led to $3 million stolen from Kraken’s treasuries.Source
German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges
Arkham has identified the entity as an address belonging to the German Federal Criminal Police Office, which had seized almost 50,000 BTC from a piracy site.Source
SEC Ends Probe Into Consensys, Won’t Sue Over Ethereum
The U.S. regulator closed its investigation into “Ethereum 2.0,” Consensys said.Source
Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012
The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.Source