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A handful of bold investors are seeking to acquire preferred shares of the defunct crypto exchange FTX, drawn by the rising value of assets held for compensation despite almost nonexistent prospects for payouts. Preferred creditors rank at the very bottom of the payout hierarchy in bankruptcy proceedings. 
The purported Hong Kong offices of the cryptocurrency exchange BitForex, which has recently restricted users' ability to withdraw funds, have been exposed as nothing more than vacant units situated in both industrial and tourist districts. This revelation comes from DLNews journalist Callan Quinn, who personally inspected each address provided on the company's official web pages. 
LedgerPrime, previously a hedge fund within the collapsed crypto exchange FTX, has made a comeback under the new banner of MNNC Group, now officially registered in the Cayman Islands. Shiliang Tan, a principal partner, announced that not only has the group reclaimed most of its investor base, but it has also attracted a hefty investment sum in the process. 
WhiteBIT has stepped up its game by becoming an official broker on TradingView, the renowned cryptocurrency trading platform. This partnership enables users to directly engage in trading on TradingView by linking their crypto wallets, thus making use of their exchange balances. 
Uniswap, a decentralized cryptocurrency exchange, has recently launched a unique feature: free Web3 names for all its users. These aren't just any names; think "one.uni.eth" or "crypto.uni.eth" – a fresh take on the traditional crypto wallet format. Nicknames can be acquired and customized exclusively through the Uniswap mobile app. 
The U.S. Securities and Exchange Commission (SEC) has charged an additional 17 managers connected to the cryptocurrency platform CryptoFX, accusing them of orchestrating a $300 million Ponzi scheme. This action comes 18 months after the SEC banned CryptoFX's operations and accused its founders of fraud. 
Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (SEBI), has underscored the urgency of adopting instant settlement processes for the nation's regulated markets to keep pace with the fast-evolving cryptocurrency sector. 
A US court has declared that trading certain cryptocurrencies on the secondary market amounts to dealing in securities, thereby falling under the purview of the Securities and Exchange Commission (SEC). Judge Tana Lin delivered this verdict while presiding over an insider trading case involving acquaintances of employees at the crypto exchange Coinbase. 
Australian crypto exchange OTCPro mistakenly sent $653,000 instead of the intended $65,300 to a corporate account belonging to Kow Seng Chai. Mr. Chai quickly withdrew the funds using the Tether (USDT) stablecoin. When the mistake was discovered, attempts to contact him were ignored, and the phone number provided turned out to be incorrect. 
Asset management firm AllianceBernste posits that Ethereum (ETH) might be the only cryptocurrency to follow Bitcoin in receiving the green light from the U.S. Securities and Exchange Commission (SEC) for the launch of an exchange-traded fund (ETF). Analysts from the firm estimate a 50% chance of an Ethereum ETF being approved by May 2024, with the likelihood nearing 100% by the end of the year. Bitcoin Fever: Miners Overwhelmed by Rising Demand
The exponential rise in Bitcoin demand is outpacing supply. Currently, miners are producing around 1,000 BTC per day, while spot exchange-traded funds (ETFs) have acquired over 10,000 BTC in just the last two days. What implications does this have for the market, and how will the April halving event affect the situation?