{"id":1608,"date":"2021-03-09T21:24:02","date_gmt":"2021-03-10T05:24:02","guid":{"rendered":"https:\/\/synq.tech\/a\/?p=1608"},"modified":"2021-03-09T21:24:02","modified_gmt":"2021-03-10T05:24:02","slug":"march-2021-weekly-recap","status":"publish","type":"post","link":"https:\/\/synq.tech\/a\/2021\/03\/09\/march-2021-weekly-recap\/","title":{"rendered":"March 2021 &#8211; Weekly Recap 1"},"content":{"rendered":"<h1 style=\"text-align: center;\">Weekly Recap<\/h1>\n<pre style=\"text-align: center;\">March 1st, 2021 - March 9th, 2021<\/pre>\n<p>Welcome to our 1st weekly recap for January.<\/p>\n<h2><strong>Overview\u00a0<\/strong><\/h2>\n<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-1610\" src=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/03\/feb22021-1.png\" alt=\"\" width=\"2600\" height=\"1600\" srcset=\"https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/03\/feb22021-1.png 2600w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/03\/feb22021-1-300x185.png 300w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/03\/feb22021-1-1024x630.png 1024w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/03\/feb22021-1-768x473.png 768w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/03\/feb22021-1-1536x945.png 1536w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/03\/feb22021-1-2048x1260.png 2048w, https:\/\/synq.tech\/a\/wp-content\/uploads\/2021\/03\/feb22021-1-260x160.png 260w\" sizes=\"(max-width: 2600px) 100vw, 2600px\" \/><\/p>\n<h2>Crypto News<\/h2>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/news.bitcoin.com\/stablecoin-issuer-tether-says-it-is-a-victim-of-a-500-btc-ransom-demand-infoleak-threat\/\">[1] Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Just days after the conclusion of its long-running feud with the Office of the Attorney General of New York, Tether says it is now a victim of an extortion attempt. According to the stablecoin issuer, the blackmailers are threatening to release documents they claim \u201cwill harm the bitcoin ecosystem\u201d if their demand for the payment of 500 bitcoins is not met.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/news.bitcoin.com\/crypto-bank-expands-india-government-will-approve-legitimate-use-cryptocurrencies\/\">[2] Crypto Bank Expands in India \u2014 Confident Government Will Approve Legitimate Use of Cryptocurrencies<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban on cryptocurrencies such as bitcoin.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/news.bitcoin.com\/goldman-sachs-bitcoin-trading-desk-crypto-market-mature\/\">[3] Goldman Sachs Brings Back Bitcoin Trading Desk as the Firm Sees Crypto Market Becoming More Mature<\/a><a href=\"https:\/\/btcmanager.com\/iota-partners-pantos-european-blockchain-rd-lab\/?utm_source=onesignal&amp;utm_medium=push&amp;utm_campaign=push%notification\"><br \/>\n<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Global investment bank Goldman Sachs has brought back its bitcoin trading desk and will start handling bitcoin futures next week. The firm is also reportedly exploring the potential for a bitcoin exchange-traded fund (ETF) and plans to provide a crypto custody service.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/news.bitcoin.com\/biden-sec-chairman-gary-gensler-policies-bitcoin-cryptocurrency-regulation\/\">[4] Biden&#8217;s SEC Chair Pick Gary Gensler Reveals Policies on Bitcoin and Crypto Regulation<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Gary Gensler, President Joe Biden\u2019s pick to lead the U.S. Securities and Exchange Commission (SEC), has revealed his policies on bitcoin and other cryptocurrencies if confirmed as the SEC chairman. Gensler is a professor at MIT who teaches cryptocurrencies. He previously served as the chairman of the Commodity Futures Trading Commission (CFTC).<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/news.bitcoin.com\/thai-financial-regulator-claims-controversial-crypto-rule-proposal-was-just-to-gauge-public-opinion\/\">[5] Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country\u2019s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/news.bitcoin.com\/microstrategy-acquires-another-10-million-in-bitcoin-company-balance-sheet-nears-100k-btc\/\">[6] Microstrategy Acquires Another $10 Million in Bitcoin, Company Balance Sheet Nears 100K BTC<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin. The company\u2019s CEO Michael Saylor revealed the latest purchase on Twitter with a link to a Form 8-K Securities and Exchange Commission (SEC) filing registered on March 5, 2021.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/news.bitcoin.com\/us-indicts-john-mcafee-alleged-cryptocurrency-fraud-money-laundering\/\">[7] John McAfee Indicted by DOJ Over Alleged Cryptocurrency Fraud Charges<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Tech entrepreneur and former anti-virus tycoon John McAfee has been indicted by the U.S. Department of Justice (DoJ) on money laundering and fraud charges. The United States Attorney for the Southern District of New York and the FBI unsealed the indictment charging McAfee and his associate Jimmy Watson with securities fraud.<\/p>\n<ul>\n<li>\n<h4 class=\"title\"><a href=\"https:\/\/news.bitcoin.com\/goldman-sachs-huge-institutional-demand-bitcoin-btc-price-100k\/\">[8] Goldman Sachs Sees Huge Institutional Demand for Bitcoin<\/a><\/h4>\n<\/li>\n<\/ul>\n<p>Global investment bank Goldman Sachs is seeing huge institutional demand for bitcoin with no signs of abating. A survey of Goldman\u2019s institutional clients shows that 61% expect to increase their cryptocurrency holdings. Meanwhile, 76% say the price of bitcoin could reach $100,000 this year.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Recap March 1st, 2021 &#8211; March 9th, 2021 Welcome to our 1st weekly recap for January. Overview\u00a0 Crypto News [1] Stablecoin Issuer Tether Says It Is a Victim of a 500 BTC Ransom Demand Infoleak Threat Just days after the conclusion of its long-running feud with the Office of the Attorney General of New<\/p>\n","protected":false},"author":4,"featured_media":1401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[30,52],"tags":[81,91,92,89,87,88,94],"jetpack_featured_media_url":"https:\/\/synq.tech\/a\/wp-content\/uploads\/2020\/10\/bitcoin-btc-mobil-charts-wo1.jpg","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>March 2021 - Weekly Recap 1 &bull; SynQ<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synq.tech\/a\/2021\/03\/09\/march-2021-weekly-recap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"March 2021 - Weekly Recap 1 &bull; SynQ\" \/>\n<meta property=\"og:description\" content=\"Weekly Recap March 1st, 2021 - March 9th, 2021 Welcome to our 1st weekly recap for January. 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