KuCoin getting sued by NYAG
An overall pretty defeating day yesterday if you watched the markets or the news. It appears to be confirmed that crypto is under attack by the US Government with the latest lawsuit again KuCoin. Some voiced concerns over Silicon Valley Bank. Coinbase CEO voices opinion on recent House Bill. President Biden wants to add tax to electricity used for mining. Have a great weekend and be safe out there!
Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
Below are some of the top sentiment changers and news
Projects Sentiment Rankings:
Top
These are the top of mind coins today for crypto twitter.
This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page
Bottom
These are the most negative coins today on crypto twitter.
Hedera confirmed it suffered a smart contract exploit on mainnet March 9
NYAG files lawsuit against KuCoin
FTX liquidators reached an agreement to sell their interest in Sequoia Capital
Projects Sentiment Movers:
Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.
Oak Network (+49): Announced partnership with Mangata
Synthetix Network (+96): Had $100m in volume on perps yesterday
0x (+118): 0x API now automatically aggregates liquidity from capital efficient KyberSwap through their recent integration
These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above
Trending from yesterday 👍
News
Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.
Many voice concerns with Silicon Valley Bank and next financial institution that could see a bank run
NYAG is suing KuCoin for selling crypto securities to New Yorkers in most recent lawsuit
I see we’re trying to go back down this road again
Coinbase CEO, Brian Armstrong, comments on Rep McHenry and Rep Fitchie’s reintroduction of bill to help clarify crypto tax reporting requirements
The US Federal Government’s strike against Crypto industry continues with President Biden calling for a 30% tax on all electricity used to mine
Even if all the regulation uncertainty, there is still companies raising funding to help advance the ecosystem. Gyroscope Protocol announces $4.5M raise
