Federal prosecutors in New York charged Terraform Labs founder Do Kwon with fraud hours after he was arrested by police in Montenegro. Source: https://www.coindesk.com/policy/2023/03/23/do-kwon-now-faces-criminal-fraud-charges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Arbitrum’s token airdrop started off in a frenzy that broke multiple websites, and yet more than 428 million ARB tokens are left to be claimed. Source: https://www.coindesk.com/business/2023/03/23/after-frenzied-arbitrum-airdrop-day-37-of-eligible-wallets-still-havent-claimed-their-arb/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Should the government agency follow through with its Wells notice, the outcome could lead to more rules of the road for crypto, Brett Quick, head of government affairs at …

When the new boss of FTX, John J. Ray III, told The Wall Street Journal in January that he was thinking of rebooting the disgraced cryptocurrency exchange, the comment …

By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively police the crypto industry. Source: https://www.coindesk.com/consensus-magazine/2023/03/23/the-secs-scattergun-approach-shows-its-weakness/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Political attacks on CBDCs gives a pass to existing government and commercial oversight of financial transactions, says Christopher Giancarlo, cofounder of the Digital Dollar Project. Source: https://www.coindesk.com/consensus-magazine/2023/03/23/just-saying-no-to-digital-dollars-means-cementing-the-surveillance-status-quo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The funding round was led by market maker and investment firm DWF Labs and gives the firm a valuation of $400 million. Source: https://www.coindesk.com/business/2023/03/23/radix-tokens-raises-10m-ahead-of-introducing-smart-contract-capability/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Notable short seller Hindenburg Research accuses Block of “wildly” overstating user counts, while understating customer acquisition costs. Source: https://www.coindesk.com/business/2023/03/23/jack-dorseys-block-tumbles-17-after-short-seller-hindenburgs-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ziglu is also looking to raise around $2.46 million to enable it to continue operating until a sale is agreed Source: https://www.coindesk.com/business/2023/03/23/crypto-platform-ziglu-courting-buyers-after-robinhood-deal-collapses-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Protocols like Near, Polkadot and Cardano are using new approaches to improving the tradeoff between scalability, decentralization and security, the report said. Source: https://www.coindesk.com/tech/2023/03/23/next-evolution-of-blockchain-software-has-only-just-started-bank-of-america/?utm_medium=referral&utm_source=rss&utm_campaign=headlines