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Bitcoin mining report: March 23

Bitcoin mining stocks were higher on Thursday.

The post Bitcoin mining report: March 23 appeared first on The Block.

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Crypto Advocate Sees ‘Silver Lining’ for the Industry in SEC’s Warning to Coinbase

Should the government agency follow through with its Wells notice, the outcome could lead to more rules of the road for crypto, Brett Quick, head of government affairs at the global alliance firm, said.

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Dreams of Rebooting FTX Face Cold Reality That Its Technology Wasn’t Well-Regarded

When the new boss of FTX, John J. Ray III, told The Wall Street Journal in January that he was thinking of rebooting the disgraced cryptocurrency exchange, the comment made a splash in the industry. But interviews with major trading firms who once did business at FTX raise questions about whether there’s really anything worth bringing back, possibly explaining why no public progress has been made since Ray’s ear-catching comments two months ago.

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Metaverse NFT Trading Volume Hit New All-Time High, DappRadar Says

Virtual land trading spiked this past quarter with 147,000 trades generating $311 million in trading volume, according to a new report.

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Cosmos-Based DeFi Protocol Quasar Starts Mainnet After Raising More Than $11.5M

Quasar is optimized for managing DeFi investments across multiple blockchains.

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The SEC’s Scattergun Approach Shows Its Weakness

By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively police the crypto industry.

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Coinbase could see revenue hit if SEC forces asset delistings, analysts say

The SEC investigation may have surprised Coinbase, particularly the fact that it might extend beyond its staking service into whether or not any of the assets it lists qualify as securities.

The post Coinbase could see revenue hit if SEC forces asset delistings, analysts say appeared first on The Block.

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Stablecoin Issuer MakerDAO Votes to Retain USDC as Primary Reserve Even After Depeg

The decision follows a turbulent period during which USDC temporarily lost its dollar peg when key banking partner SVB collapsed.

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Asset Manager GoldenTree Moves $5M of SUSHI, Sparking Fear It’s Exiting

Much of the asset manager’s Sushi trove was deposited at Binance in the last 24 hours.

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Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo

Political attacks on CBDCs gives a pass to existing government and commercial oversight of financial transactions, says Christopher Giancarlo, cofounder of the Digital Dollar Project.

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