Disclaimer: The information in this article was translated using artificial intelligence from a foreign source.Have you committed crypto fraud? Now, in addition to fines and jail time, authorities can also subject you to caning—at least, that's what's being reportedly considered in Singapore. Crypto

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Wednesday! The market seemingly continues to move in lockstep with every piece of U.S. crypto reserve news, while participants hope for some greater clarity from the Trump White House

During a March 5 hearing of the House Financial Services Committee, US Representative Sean Casten, an Illinois Congressperson, argued that “crypto-friendly rules” threaten US national security.The lawmaker made the remarks while debating H.R. 1716, the “Taiwan Conflict Deterrence Act of 2025,” accus

Coinbase, a major cryptocurrency based in the U.S., is seeking financial information about the underpinnings of the administration’s war against crypto through a Freedom of Information Act (FOIA) request against the SEC.The FOIA request covers the period April 2021 to January 2025 and pertains to do

Ethereum’s much-anticipated Pectra upgrade ran into another hurdle in its latest testnet release earlier on Wednesday. However, developers have identified the issue and rolled out a fix.“We’re investigating an issue caused by the custom deposit contract on Sepolia,” Ethereum Foundation Protocol Supp

President Donald Trump made no mention of crypto in his Congress speech on Tuesday night — a notable omission given his recent remarks on the industry — according to investment bank TD Cowen.This absence suggests that crypto is not a personal priority for Trump, TD Cowen's Washington Research Group,

Crypto analyst Tony Severino has drawn similarities between Ethereum’s price action in 2024 and this year. Specifically, the analyst highlighted important technical indicators and what they are saying about ETH’s future trajectory. Ethereum’s Price Action In 2024 Vs. 2025 Based On Important Technica

Russian President Vladimir Putin said Russia would continue supplying electricity to the breakaway Georgian region of Abkhazia at a meeting in the Kremlin on Wednesday with its leader Badra Gunba.Putin congratulated Gunba on his victory in a presidential election at the weekend, describing Russi

A multi-day ‘extreme fear’ reading in a widely-followed sentiment index could be indicative of bitcoin prices setting a bottom before moving higher in the coming weeks — with a previously similar setup preceding a 200% rise in BTC.The Fear and Greed Index, which measures investor emotions in markets

Today in crypto, the European Securities and Markets Authority (ESMA) has confirmed to Cointelegraph that the European Union’s Markets in Crypto-Assets Regulation (MiCA) does not explicitly ban non-compliant stablecoin custody and transfers, the US Senate voted to kill the IRS’ DeFi broker rule, and

Bitcoin has declined by more than 15% since Feb. 3—when US President Donald Trump threatened to impose tariffs on China, Mexico, and Canada—and was trading for as low as around $86,400 as of March 5.Simultaneously, investors have withdrawn over $3.50 billion in assets from US-based Spot Bitcoin exc

Technical charts, particularly the shape of candlesticks, often reflect the psychology behind the market, highlighting trader sentiment and behavior. Since Friday, at least two bitcoin candles have indicated bullish undercurrents at multi-month lows, providing a glimmer of hope for crypto bulls.The

Animoca Brands, a Hong Kong-based web3 software and venture capital firm, saw its digital asset advisory (DAA) business experience 116% year-over-year growth in 2024's fiscal year.Animoca's DAA business provides web3 projects with assistance with tokenomics, marketing, listing advisory and other ser

More details about the potential US crypto reserve are set to come out of the White House's inaugural Crypto Summit on Friday, according to independent political news outlet The Pavlovic Today."The President definitely thinks that there's a bitcoin strategic reserve," Commerce Secretary Howard Lutni

Australia’s finance watchdog has charged Brendan Gunn, the brother of Olympian breaker Rachael Gunn, for allegedly dealing with money suspected to be proceeds of crime while operating a fiat-to-crypto conversion company.In a March 5 statement, the Australian Securities and Investments Commission sai

Bitcoin’s latest pullback amid broader macroeconomic uncertainty may not see it rebound to its January $109,000 all-time high (ATH) as quickly as some hope, an analyst says.“We should assume that we are in the pullback phase after the ATH and will likely continue to consolidate for some time due to

Asian markets mostly advanced on Wednesday as investors analyzed China’s economic growth and inflation targets while monitoring global trade tensions following new US tariffs on China, Mexico, and Canada. Despite concerns over escalating trade disputes, key indexes across the region recorded gains.J

Over the last week, Ethereum (ETH) has dropped 13.8%, currently trading at the critical $2,000 support level. While the digital asset’s weekly Relative Strength Index (RSI) has hit its lowest point in three years, analysts warn that further downside may still be ahead.Ethereum RSI At Lowest Levels I

Iris Ramaya Au, the former girlfriend of admitted crypto fraudster Adam Iza, dubbed “The Godfather,” has agreed to plead guilty to a federal criminal tax charge.Au pled guilty to a single count of giving a false tax return “for failing to report more than $2.6 million in ill-gotten gains she obtaine

Scam centres that operated along the Thai-Myanmar border for years have drawn fresh attention after the high-profile abduction and release of a Chinese actor in Thailand.The incident sparked a multi-national effort among Thailand, China and Myanmar to dismantle the centres in a network of scam c