Month: March 2026

Vitalik Buterin Questions AI Strategy of Group He Funded

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Ethereum co-founder Vitalik Buterin said Friday that he is no longer closely aligned with the Future of Life Institute, a group that received SHIB tokens from him in 2021.  Buterin said the institute originally pitched him a broad roadmap for reducing existential risks, including those tied to artificial intelligence, biology and nuclear threats, along with wider pro-peace and pro-epistemics initiatives. He said that helped motivate the Shiba Inu (SHIB) donation. Buterin said the institute later moved toward cultural and political advocacy around AI risks, an approach he described as materially…

Bitcoin Miners Need AI, Yield Strategies to Survive

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Many Bitcoin miners are struggling to turn a profit this market cycle due to diminishing returns, so they may need to pivot to artificial intelligence hosting or put their holdings to work to generate yields, says market maker Wintermute. Wintermute said in a blog post on Thursday that Bitcoin (BTC) miners have spent years building large-scale power infrastructure in low-cost energy markets, and they now find themselves “sitting on exactly what the AI industry needs most urgently and cannot easily replicate.” It said that Bitcoin mining is a “structurally rigid…

Bitcoiner Group to Fight Bitcoin’s Treatment as ‘Toxic Asset’

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The Bitcoin Policy Institute (BPI) says it will push the US Federal Reserve to change how Bitcoin is treated, as the central bank is set to issue rules on how banks should implement international guidelines for asset risk weighting. “BPI will be reviewing this proposal closely and submitting a public comment to ensure that US regulators get Bitcoin’s treatment right,” Bitcoin Policy Institute managing director Conner Brown said in an X post on Wednesday.  It comes just a day after the Fed announced it will issue a proposal for public…

Solana (SOL) Upside Awakens — Will Bulls Finally Hit $100?

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Solana started a fresh increase above the $88 zone. SOL price is now consolidating near $90 and might aim for more gains above the $92 zone. SOL price started a fresh upward move above the $85 and $88 levels against the US Dollar. The price is now trading above $88 and the 100-hourly simple moving average. There was a break above a key contracting triangle with resistance at $87 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the…

Eightco Lands $125M in Funding from Bitmine and ARK

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The fresh capital from Kraken’s parent company, Ark Invest, and Bitmine has backed Eightco’s new bets on OpenAI and MrBeast Shares in Eightco Holdings (ORBS) jumped 12% on Thursday after it raised $125 million to back its bets in blockchain and artificial intelligence. Eightco said on Wednesday that crypto treasury firm Bitmine led the funding with $75 million, while Ark Invest and Payward, the parent company of crypto exchange Kraken, each chipped in $25 million apiece. The company added that Bitmine chairman Tom Lee would join Eightco’s board and Ark…

Democrats Promise to Oversee Reported DOJ Probe Into Binance

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A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance. Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego said in a joint statement on Thursday that they “will conduct oversight to ensure the Department of Justice conducts a serious investigation into Binance and holds the company accountable for any wrongdoing.” The Wall Street Journal reported on Wednesday, citing people familiar with the matter, that the Justice Department was investigating Iran’s possible use of Binance to…

XRP Price Turns Stronger — Breakout Momentum Building Fast

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

DeFi User Loses $50M in Crypto Swap Gone Wrong

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A crypto user has lost millions during a crypto swap on the decentralized finance protocol Aave, with a Maximal Extractable Value, or MEV, bot also front-running the transaction to make almost $10 million. A recently funded wallet from Binance containing $50.4 million USDt (USDT) executed a swap via decentralized exchange aggregator CoW Protocol and the SushiSwap DEX on Thursday, aiming to convert the full amount into the Aave (AAVE) token. However, the wallet only received 327 AAVE tokens valued at approximately $36,000, according to Etherscan. The result was an almost…

Ethereum Price Pushes Higher as Bulls Fuel Market Optimism

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Ethereum price started a recovery wave above the $2,050 zone. ETH is now showing positive signs and might aim for more gains above $2,150. Ethereum started a recovery wave above the $2,050 zone. The price is trading above $2,050 and the 100-hourly Simple Moving Average. There was a break above a declining channel with resistance at $2,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Clears Resistance Ethereum price extended its recovery…

US Sanctions Ring Enabling North Korea IT Worker Fraud

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The US Treasury has sanctioned six people and two entities for their alleged roles in an IT worker fraud scheme orchestrated by  North Korea, which frequently targets the crypto industry. The Office of Foreign Assets Control (OFAC) said on Thursday that it sanctioned alleged facilitators of the IT worker fraud networks operating in North Korea, Vietnam, Laos and Spain, which generate revenue to fund North Korea’s weapons program. OFAC sanctioned Amnokgang Technology Development Company, a DPRK firm accused of managing overseas IT workers, and Nguyen Quang Viet, CEO of Quangvietdnbg…