It’s 8am Eastern, March 4th and this is your Daily Crypto Report.

Bitcoin is down 1% at $48,893
Ethereum is down .05% at $1548
and Cardano is down 1.5% at 1.14

Top gainers in the last 24 hours:
Enjin Coin up 48%
Hedra Hashgraph up 26%
Theta Token 15%

Arthur Hayes may voluntarily come to the US from Singapore at the request of the federal prosecutors

A group in Brooklyn purchased and burned Banksy’s piece Morons to create NFT.

Andrew Cuomo announces "Excelsior Pass" test of IBM’s blockchain app for proving Covid-19 status

Links:

• Burnt Banksy on Twitter: "Full HD video https://t.co/sKAu2AERmJ" / Twitter
• BitMEX's Arthur Hayes May Surrender to US Officials in April - CoinDesk
• Governor Cuomo Announces Pilot Program Testing the Excelsior Pass at Madison Square Garden and Barclays Center | Governor Andrew M. Cuomo

Bitcoin is down slightly at $7,871
XRP is up 1% at 20 cents
and Ethereum is up 1% $139

Top gainers in the last 24 hours:
Bitcoin Diamond up 19%

Andrew Cuomo is proposing to make licensed cryptocurrency businesses pay for their own regulation costs.

The SEC is charging an alleged scammer for fraudulent crypto mining.

Derebit is moving to Panama and citing very strict AML regulations as the reason.

Telegram is requesting 5 to 7 weeks to gather the information that has been demanded of them by the SEC.

Links:

• Telegram says it needs 5-7 weeks for gathering SEC requested details tied to its token sale - The Block
• NY governor: crypto businesses should pay for their own regulation costs - The Block
• SEC charges alleged scammer for fraudulent crypto mining operation - The Block
• Dutch Derivatives Exchange Deribit to Move to Crypto-Friendly Panama - CoinDesk