Crypto Vesting – Page 348 – Just another WordPress site

Dohrnii Labs accuses Blynex of illegally liquidating token assets

Learn-to-earn platform Dohrnii Labs has filed a police report in the United Arab Emirates, accusing local crypto exchange Blynex of liquidating its tokens without authorization and failing to deliver a promised loan.

According to a statement shared with Cointelegraph, Dohrnii Labs deposited 12,649.99 Dohrnii (DHN) tokens — valued at more than $500,000 — with Blynex. On March 23, the company said it used 8,650 of those tokens as collateral for a 30-day loan in exchange for 80,000 Tether’s USDt (USDT).

Dohrnii claims the exchange never delivered the USDT. Furthermore, the team said Blynex liquidated its entire 8,650 DHN position on Uniswap, receiving 149,151 USDT and causing a drop in the token’s market value.

Attempts to withdraw the remaining 4,000 DHN tokens were unsuccessful, the company said.

Source: Dohrnii Labs

Blynex claims it was automated risk management

Blynex co-founder Mike Baskes told Cointelegraph the incident was part

DWF Labs launches $250M fund for mainstream crypto adoption

Dubai-based crypto market maker and investor DWF Labs has launched a $250 million Liquid Fund aimed at accelerating the growth of mid- and large-cap blockchain projects and driving real-world adoption of Web3 technologies.

DWF Labs is set to sign two significant investment deals worth $25 million and $10 million as part of the fund.

The initiative aims to grow the crypto landscape by offering strategic investments ranging from $10 million to $50 million for projects that have the potential to drive real-world adoption, according to a March 24 announcement shared with Cointelegraph.

Source: DWF Labs

The fund will focus on blockchain projects with significant “usability and discoverability,” according to Andrei Grachev, managing partner of DWF Labs.

“We’re focusing our support on mid to large-cap projects — the tokens and platforms that typically serve as entry points for retail users,” Grachev told Cointelegraph, adding:

“However, good technology and utility alone isn’t sufficient. Users first need to discover

RSI breaks 4-month downtrend: 5 Things to know in Bitcoin this week

Bitcoin (BTC) heads into the end of Q1 near two-week highs as trader sentiment diverges from improving technicals.

Bitcoin market participants are positioned for a fresh BTC price dip, which could even form new multimonth lows.

PCE week coincides with the last full trading week of March, and risk assets are showing a hint of optimism.

When it comes to BTC price strength, RSI is increasingly demanding bullish continuation.

Bitcoin’s short-term holders are under pressure amid serious unrealized losses.

Stablecoin stocks on Binance hit record highs in what research hopes is a positive signal for investor confidence.

Bitcoin traders see downside reversal next

Bitcoin is nearing a rematch with two-week highs as the week gets underway, data from Cointelegraph Markets Pro and TradingView shows.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Among traders, however, the mood remains firmly cautious.

Bulls have a

How to use ChatGPT to predict crypto market trends

Key takeawaysTo generate crypto market insights via ChatGPT, collect accurate historical and real-time data on prices, trading volumes and market capitalization.Organize data into clear formats, such as tables with consistent date formats and labeled columns, to help ChatGPT identify patterns and trends.Use precise and focused prompts to guide ChatGPT in generating actionable insights, enhancing the relevance and clarity of its responses.Cross-check ChatGPT’s outputs with up-to-date information from reputable sources before making trading decisions to account for potential inaccuracies.

Predicting crypto market trends can feel like navigating a storm — unpredictable and fast-changing. Prices can spike or crash unexpectedly due to investor sentiment, regulatory changes or sudden events such as exchange hacks. For traders, staying ahead means finding reliable ways to analyze these movements and make informed decisions.

This is where ChatGPT can help.

By analyzing historical data and recognizing patterns, ChatGPT offers insights that can support better decision-making. But for AI tools to

Tokenized US gold could ultimately benefit Bitcoin: NYDIG

An idea to tokenize or track US gold reserves to make their movements transparent on a blockchain won’t work in the same trustless way as Bitcoin does, but doing so could help the cryptocurrency, says a research analyst.

Greg Cipolaro, global head of research at New York Digital Investment Group (NYDIG), said in a March 21 note that Trump administration officials, including Elon Musk, have floated using a blockchain to track US gold and government spending — an idea supported by crypto executives.

“Here’s the thing about blockchains. They’re not very smart,” Cipolaro said. “They’re limited in the information they convey. For example, Bitcoin has no idea what the price of Bitcoin is or even the current time.”

He said the tokenization or tracking of gold reserves on a blockchain could help with audits and transparency but would still “rely on trust and

US Treasury argues no need for final court judgment in Tornado Cash case

The US Treasury Department says there is no need for a final court judgment in a lawsuit over its sanctioning of Tornado Cash after dropping the crypto mixer from the sanctions list.

In August 2022, Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash after alleging the protocol helped launder crypto stolen by North Korean hacking crew the Lazarus Group, leading to a number of Tornado Cash users filing a lawsuit against the regulator.

After a court ruling in favor of Tornado Cash, the US Treasury dropped the mixer from its sanctions list on March 21, along with several dozen Tornado-affiliated smart contract addresses from the Specially Designated Nationals (SDN) list, and has now argued “this matter is now moot.”

Because Tornado Cash has been dropped from the sanctions list, the US Treasury Department argues there is

Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst

Bitcoin may have bottomed and could rebound toward $90,000 after US President Donald Trump signaled a willingness to ease tariffs and the Federal Reserve resisted short-term pressure last week, according to a crypto analyst.

“Bitcoin is attempting to form a bottom, supported by Trump’s recent shift toward ‘flexibility’ on the upcoming April 2 reciprocal tariffs, softening his earlier rhetoric,” 10x Research’s founder Markus Thielen said in a March 23 report.

The Federal Reserve signaled in its March 18-19 meeting that it would also “look past short-term inflationary pressures, laying the groundwork for potential future easing,” Thielen added.

“Powell’s mildly dovish tone suggests that the Fed’s put remains intact, providing further support for a recovery in stock prices.”

10x Research’s Bitcoin reversal indicators have turned bullish as a result, with Bitcoin’s (BTC) 21-day moving average now at $85,200, Thielen noted.

Bitcoin’s

UK should tax crypto buyers to boost stock investing, economy, says banker

The UK should begin taxing crypto purchases in a bid to sway Britons to invest in local stocks, which could boost the country’s economy, says the chair of investment bank Cavendish, Lisa Gordon.

“It should terrify all of us that over half of under-45s own crypto and no equities,” Gordon told The Times in a March 23 report. “I would love to see stamp duty cut on equities and applied to crypto.”

Currently, the UK lumps a 0.5% tax on shares listed on the London Stock Exchange, the country’s largest securities market, which brings in around 3 billion British pounds ($3.9 billion) a year in tax revenue.

Gordon added that a cut could sway people to put their savings into shares of local companies, which could then spark other firms to go public in the UK and help the economy.

In comparison, she called

US to return $7M to victims of ‘spoofed’ crypto investment websites

US authorities are seeking to return $7 million to victims of a social engineering scam that tricked them into sending money to fake cryptocurrency investment platforms.

The scam involved the fraudsters contacting victims and earning trust before directing them to websites masquerading as legitimate crypto investment platforms, Virginia’s Eastern District US Attorney’s Office said in a March 21 statement.

Once victims made a deposit, the funds were funneled through over 75 bank accounts under the names of shell companies, then sent abroad “deceptively characterized” as domestic wires, despite being transferred to a bank outside the US.

Source: US Attorney’s Office, Eastern District of Virginia

“The sites falsely represented to the victims that their investments were making sizeable gains,” Virginia’s US Attorney’s Office added in its statement.

“When victims would attempt to make withdrawals, the perpetrators would coerce the victims to

Fidelity files for Ethereum-based US Treasury fund ‘OnChain’

Fidelity Investments has filed to register a tokenized version of its US dollar money market fund on Ethereum — joining the likes of BlackRock and Franklin Templeton in the blockchain tokenization space.

Fidelity’s March 21 filing with the US securities regulator said “OnChain” would help track transactions of the Fidelity Treasury Digital Fund (FYHXX) — an $80 million fund consisting almost entirely of US Treasury bills.

While OnChain is pending regulatory approval, it is expected to take effect on May 30, Fidelity said.

Fidelity’s filing to register a tokenized version of the Fidelity Treasury Digital Fund. Source: Securities and Exchange Commission

The OnChain share class aims to provide investors transparency and verifiable tracking of share transactions of FYHXX, although Fidelity will maintain traditional book-entry records as the official ownership ledger.

“Although the secondary recording of the OnChain class on a