Weekly Crypto Market News / 27 March – 2 April
- Less than ten days have left before the Ethereum upgrade will be completed on April 12 and open the withdrawal from staking. In the network, the ETH growth to $33,000 is forecasted in the second quarter of 2023. Read more
- Arbitrum developers have decided to listen to the community and promised to rebuild the voting system for fair protocol management. Read more
- The authorities of Southern Korea have arrested the real estate of early investors and employees of Terraform Labs for $159 million. Read more
- Trust Wallet has issued an upgrade. Now, it’s available to restore a seed phrase. All-known wallet has added a new Safety Snapshot feature of the encrypted clouded reserve copying. A new feature will allow restoring a wallet in case of seed-phrase loss. Read more
- Stuttgart fond exchange has gotten a license for storing cryptocurrencies. Read more
- The authorities of the USA dump Bitcoin—9 800 BTC have been sold, 41 490 BTC will be sold by the end of the year. Overall, they have confiscated 205 515 BTC. Read more
- СFTC has sued Binance and Changpeng Zhao. The authorities of the USA made the knight’s move—while all were waiting for a lawsuit from SEC for non-registered stocks, CFTC sued the Top-1 exchange for violating the trading rules. Binance is charged for work without a license and violating the regulatory rules, and Changpeng Zhao, almost personally, traded against the customers from 300 linked with him accounts. Learn more
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