Major Reversals From Overnight Action Continue Following Biden Sanction Remarks.

Bitcoin is up more than $4K from its weakest levels of the day, while the Nasdaq has moved sharply into positive territory. origin »

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China's Supreme Court Rules Crypto Transactions Constitute 'Illegal Fundraising'.

The ruling paves the way for violators to be criminally prosecuted with a punishment of up to ten years in prison and fines of up to $79,000. origin »

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Dogecoin co-founder slams memecoins, DAO aims to buy Denver Broncos, and BTC tourism surges 30% in El Salvador: Hodler’s Digest, Feb. 20-26.

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DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme.

A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations. origin »

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ECB president calls for crypto regulation in response to Russia potentially evading sanctions.

"It’s so critically important that MiCA is pushed through as quickly as possible so we have a regulatory framework within which crypto assets can actually be caught," said Christine Lagarde. origin »

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President Biden Announces Technology Export Controls, Bank Sanctions Against Russia.

Several European countries have also announced sanctions to try and force Russia to cease hostilities after it invaded Ukraine. origin »

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Web 3 Infrastructure Startup Aligned Exits Stealth With $34M in Funding.

The company was founded by former ConsenSys Chief Strategy Officer Sam Cassatt. origin »

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Bitcoin Miner Core Scientific Has More Than 100% Upside: BTIG.

Core came public last month via a SPAC deal, but has struggled alongside declines for the crypto. origin »

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European Parliament postpones crypto bill vote over proof-of-work.

“It is crucial for me that the MiCA report is not misinterpreted as a de facto Bitcoin ban,” said Stefan Berger.

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IRA Financial 'Swatted' at Time of $36M Crypto Hack, Police Officer Tells Victim.

The detail adds another layer of intrigue to the seemingly inexplicable hack of IRA Financial Trust, an institutional partner of the Gemini exchange. origin »

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Coinbase Beats Q4 Estimates, but Shares Fall on Outlook.

The U.S.’s largest crypto exchange expects lower trading volumes and monthly transacting users in Q1. origin »

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