Nigeria Government Demands $10B From Crypto Exchange Binance: BBC

The exchange allegedly enabled funds to leave Nigeria while the country is trying to restrict capital outflows.Source

Blast, Hyped Layer-2 Chain, Sees Most Deposits Bridge to Yield Manager

The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million.Source

First Mover Americas: Is Bitcoin Rallying Ahead of Schedule?

The latest price moves in bitcoin (BTC) and crypto markets in context for March 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Worldcoin’s WLD Drops as Elon Musk Sues OpenAI

WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.Source

Bitcoin Bulls Just Joining the Rally Are Very Late to the Party, Analyst Says

Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.Source

SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge

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SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver

“What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver.Source

StarkWare Unveils New ‘Stwo’ Cryptographic Prover That’s ‘Blazingly Fast’

The upgraded prover should lead to faster and cheaper transactions, according to StarkWare. The news comes just a week after StarkWare and Polygon announced Circle STARKS, a new type of cryptographic proof.Source

Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years

The cryptocurrency has more room to run, analysts say.Source

Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?

The question some are now asking is whether the famously conservative firm will pivot on crypto.Source