Top Stories

Elon Musk, Bill Ackman, Balaji, Cathie Wood Outrage Over US Fed Decision

Notable personalities including Tesla CEO Elon Musk, billionaire Bill Ackman, former Coinbase CTO Balaji Srinivasan, and Ark Invest CEO Cathie Wood criticized the U.S. Federal Reserve’s rate hikes amid the banking crisis.

FTX To Claw Back $460 Million From SBF-Backed Hedge Fund

On 22 March, the FTX estate filed a motion to enter into a settlement to recover $460 million in assets for stakeholders. The assets are a clawback from a Bahamas-based hedge fund Modulo Capital, which received $475 million in seed capital from FTX’s sister trading firm Alameda Research in 2022. 

Coinbase CEO Sells Shares Prior to SEC Warning

The data shows that Armstrong facilitated four sales transactions since the beginning of March – on Mar. 3, Mar. 15, and two on Mar. 21. He sold a total of 89,196 Coinbase shares — which add up to $5,871,561 in value. Almost half of this amount was sold within the 24 hours before the SEC warning.

Kraken To Suspend Plaid Withdrawals and Deposits via ACH Silvergate

Major cryptocurrency exchange Kraken is experiencing difficulties with the withdrawal and deposit channel related to the automated clearing house (ACH) via Silvergate.

Arbitrum Daily Transaction Count Hits Record High Ahead of Token Airdrop

The number of daily transactions on Arbitrum rose to a new record high of 1,312,052 on Wednesday, surpassing the previous peak of 1,103,398 reached on Feb. 21, according to data source Arbiscan. The Ethereum mainnet processed around 1.08 million transactions.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $27,411.70 USD, dropped by 3.22% in the last 24 hours;

ETH’s live price is $1,750.40 USD, dropped by 2.87% in the last 24 hours;

BNB’s live price is $323.73 USD, dropped by 0.96% in the last 24 hours;

XRP's live price is $0.4464 USD, jumped by 0.27% in the last 24 hours.

Fundraising News

Crypto Platform Ziglu Courting Buyers After Robinhood Deal Collapses: Report

Crypto platform Ziglu is talking with buyers interested in acquiring it for a lower price following the collapse of its acquisition deal with Robinhood (HOOD), Sky News reported on Thursday.

BH Digital Raises $9 Million for Its Liquid Token Strategy

BH Digital has raised $9 million from investors for its liquid token strategy, known as the Nova Digital Opportunities fund.

Ripple Facilitates Mercy Corps Investment in 42 Startups Spanning 23 Countries

Mercy Corps Ventures recently disclosed that Ripple had played a pivotal role in helping them invest in an extensive list of 42 portfolio companies spanning 23 countries worldwide. The disclosure underscores Ripple’s expanding impact in the tech and finance industries as it works to bring financial inclusion to everyone.

Find Satoshi Lab Has Committed To Lead the Strategic Seed Round of Versa Wallet

Find Satoshi Lab has committed to lead the strategic seed round of Versa wallet along with Folius Ventures and a few strategic angels.