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India explores offline functionality of CBDCs: RBI executive director

4.3.2023
In addition to offline functionality, RBI is gauging CBDC’s potential for cross-border transactions and linkage with legacy systems of other countries

India’s Central Bank Digital Currency Will Act as Alternative to Cryptocurrency, Says RBI Official

4.3.2023
An official of India’s central bank, the Reserve Bank of India (RBI), says that the country’s central bank digital currency (CBDC) will act as an alternative to cryptocurrency. He stressed that the digital rupee must possess all the attributes of physical currency, including anonymity....

The Rise and Fall of Silvergate’s Crypto Business

3.3.2023
Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions

Breaking: Tether Investigation Reveals Use of Fraudulent Documents and Obscured Identities to Open Bank Accounts

3.3.2023
Amid struggles to maintain access to the global banking system, the companies behind Singapore-based USDT stablecoin issuer Tether used a mixture of fraudulent documents, obscured identities and shell companies, according to a new bombshell report by the Wall Street Journal.... Read More: Breaking:...

Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ

3.3.2023
Tether, the company behind the world's largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says

Has Tokenization’s Moment Finally Come?

3.3.2023
Tokenization of real-world assets has been dismissed by many crypto purists for operating under a centralized framework, but new technological advances have migrated the process from closed, permissioned projects onto public, permissionless blockchain platforms. This could offset traditional...

Total crypto market cap takes a hit amid Silvergate Bank crisis

3.3.2023
The total crypto market cap slipped below $1.025 trillion as concerns over Silvergate Bank’s solvency triggered a sharp sell-off in BTC, ETH and altcoins

Biggest Movers: DOGE, SHIB Fall to Lowest Levels Since January

3.3.2023
Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low. Dogecoin (DOGE)...

Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back, Casper Labs’ Long-term Partnership with SkyBridge & Al Maskari Holding

3.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________... Read More: Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back...

Top 7 Wall Street movies you must watch

3.3.2023
Discover the best of Wall Street cinema with these top seven films, featuring captivating tales of finance, ambition and power

Regulation and risk: Factors driving demand for a euro-backed stablecoin

3.3.2023
The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space

First Mover Americas: Crypto Markets Sinking on Silvergate

3.3.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for March 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets

3.3.2023
Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600...

Xapo Bank becomes first bank to support Lightning Network Payments

3.3.2023
Xapo Bank, a leading international private bank, has integrated with the Bitcoin-based Lightning Network by partnering with Lightspark, to allow lightning-fast Bitcoin transaction payments for its members. Xapo Bank is an international licensed private bank and Bitcoin custodian that has been...

Coinbase cutting ties with Silvergate forces crypto hedge fund to find a new bank

3.3.2023
A total of five crypto companies end their partnership with Silvergate bank on March 2 after a series of lawsuits and investigations against the fintech bank

MicroStrategy Claims Minimal Exposure as Crypto.com, Coinbase, and Gemini Pause Transactions with Silvergate Bank – What's Going On?

3.3.2023
MicroStrategy has denied any meaningful exposure to Silvergate as crypto firms who banked with the crypto bank are rushing for the exits amid concerns about its financial condition. In a Thursday tweet, business intelligence firm MicroStrategy said their Bitcoin holdings, which consists of over...

Investment Fund Focused on Crypto Mining to Be Created in Russia

3.3.2023
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining...