Newsletter Mar 23, 2023
Bitcoin Slumps As Federal Reserve Stays Focused On Inflation Hiking Interest Rate By 25 Bps

The Federal Reserve once again raised interest rates by 25 bps during its meeting on Wednesday with FOMC chair Jerome Powell noting that "we no longer expect that ongoing rate increases will be appropriate."


Telegram Beats Twitter, Microsoft As It Debuts Feature That Allows Users To Send Crypto Via Chat

Edge's beta build uncovered this month revealed that Microsoft is exploring integrating a crypto wallet into its browser.



FTX Bankruptcy Estate Recovers Over $400M From The Hedge Fund Run By SBF's Alleged Former Lover

A filing in the U.S. bankruptcy court in Delaware detailed that Modulo Capital agreed to relinquish any claims to the $56 million in assets held in FTX and FTX US accounts with the remaining $404 million in assets converted into cash at J.P. Morgan.

SEC Charges Lindsay Lohan, Jake Paul, 6 Others Over Crypto Promotions

For the SEC director, the alleged behavior of the TRON founder and that of his backer was part of an "age-old playbook to mislead and harm investors."

Coinbase CEO Reacts To SEC's Warning Over Potential Securities Law Violations

Although many criticized the SEC for its most recent move against a crypto company, others took the chance to gloat and hit Coinbase back.


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