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CFTC adds execs from Circle, Ava Labs and Fireblocks to tech advisory group
14.3.2023
The technology advisory committee aims to assist the CFTC in “identifying and understanding the impacts and implications of technological innovation in financial services and markets.”
Marathon Digital: Deposits held at Signature Bank are secure and available
13.3.2023
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank
Coinbase disables trading for BUSD
13.3.2023
Coinbase assured users that their BUSD funds will remain accessible and that they will still be able to withdraw funds at any time
Crypto’s Latest Stablecoin is Called HOPE, Started by Ex-Babel Finance CEO Flex Yang
13.3.2023
HOPE will serve as the native stablecoin for the new Hope ecosystem, which is focused on bringing traditional finance users to the crypto market
Bank of Russia Registers Another Digital Asset Issuer
13.3.2023
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number...
How blockchain technology revolutionizes digital ownership?
12.3.2023
Blockchain technology transforms digital ownership with secure and transparent ownership tracking. Explore how it establishes proof of digital ownership
Ethereum layer-2 solutions may focus less on token incentives in the future
11.3.2023
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization?
South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects
11.3.2023
The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several...
How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout
10.3.2023
For all the angst this week about how troubles in the crypto industry are fueling a banking crisis, the reality, so far, is actually something else: Of the two banks that went under, the one squarely focused on crypto – Silvergate Capital – escaped the black mark of a federal bailout
Sam Bankman-Fried's bail conditions still too lenient, says judge
10.3.2023
U.S. district judge, Lewis Kaplan, expressed concern that Bankman-Fried could find ways to evade the restrictions and covertly communicate with others electronically
Reviewing Code is Mind-Numbing: Q&A With Bitcoin Maintainer Andrew Chow
10.3.2023
He stumbled upon Bitcoin in high school while looking for ways to pay for his favorite video games. He now reviews and improves Bitcoin’s code for a living. Sometimes it's boring, mind-numbing, but he does it anyway. Somebody has to
DAO Maker founder builds game based on abandoned Logan Paul project in just 30 days
10.3.2023
“Degen Zoo” has seen more than 115,000 wallets register to join the game, pledging over $700 million
Nigerian president-elect aims to use blockchain technology in the banking sector
10.3.2023
The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth
Discord Introducing 'AI' Stuff Nobody Asked For, Or Needs
10.3.2023
In a blog post published earlier today, Discord—a communications platform, and nothing more—announced plans to introduce what they call “AI” (but which should more accurately be called “machine learning”) to the service’s moderation, support and chat.Read more
Huobi’s HT Token Suddenly Drops 93%, Then Rebounds Just as Quickly
10.3.2023
Huobi’s HT token, the native token of the cryptocurrency exchange, momentarily dropped 93% on Thursday for reasons that are unclear
Women in Web3 advocate for increased diversity in the ecosystem
9.3.2023
Several women suggested that education and grassroots training can be effective tools in promoting diversity within the Web3 ecosystem
Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022
9.3.2023
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology crimes, they still accounted for more than half...
Arthur Hayes Proposes Bitcoin-Backed NakaDollar, Which Would Rely on Exchanges to Maintain Dollar Peg
9.3.2023
A stablecoin backed by $1 worth of bitcoin and 1x short of a bitcoin perpetual future can be used to provide stability to such a token, Hayes said
Blockchain Retail Market Size to Top Over $2 Billion by 2028 — Study
9.3.2023
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management...
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue
9.3.2023
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems....