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Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos
18.3.2023
Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too much latency in their data,” and he insists that the central bank...
Binance's response to U.S. Senators lacks financial information: Report
18.3.2023
Binance's Patrick Hillman answered a letter from United States Senators requesting information on Binance's operations in the country and its relationship with Binance.US
Coinbase Crypto Exchange Considers Overseas Trading Platform Amid U.S. Crypto Crackdown – Here's What You Need to Know
18.3.2023
Coinbase is considering setting up a digital asset exchange outside the United States amid increasing regulatory pressure and a souring banking climate for crypto firms.
The largest cryptocurrency exchange in the U.S. has contacted its institutional clients about plans to establish a new crypto...
FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders
18.3.2023
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion...
Biggest Movers: ETC up 12%, as SOL Nears 1-Month High
18.3.2023
Ethereum classic rose by as much as 12% in today’s session, as cryptocurrency markets rallied to start the weekend. The global market cap is trading over 3% higher at the time of writing, as investors continue to buy crypto following the recent banking crisis. Solana was also higher...
What are the Howey test and its implications for cryptocurrency?
18.3.2023
The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more
Shiba Inu Price Prediction as SHIB Blasts Up 15% From Recent Bottom – New Bull Market Starting?
18.3.2023
SHIB, the token powering the second-largest meme coin, Shiba Inu flew 15% to trade at $0.00001120 at the time of writing. Shiba Inu price retested critical descending trendline support earlier in March—and rebounded, implying the trend was ready to change course northwards.
Before the correction...
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,800 as BTC Nears $28,000
18.3.2023
Ethereum rose above $1,800 for the first time since August, as markets continued to react to the Fed’s decision to inject $300 billion into the economy. This comes following the recent banking crisis, which saw the likes of Silicon Valley Bank collapse. Bitcoin neared $28,000...
Sam Bankman-Fried to propose revised bail package ‘by next week’
18.3.2023
The move comes after a judge expressed displeasure about SBF’s use of encrypted-messaging apps and virtual private network services while on bail
AI and Crypto Combine: Oncyber Unveils GPT-Powered Custom Metaverse Worlds – How Does it Work?
18.3.2023
Web3 metaverse platform Oncyber has unveiled its AI-powered tool that allows users to customize their virtual environments via text commands.
Called Magic Composer, the new tool is powered by OpenAI’s GPT-3.5 model and uses text prompts to implement real-time tweaks to Oncyber's metaverse...
Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business
18.3.2023
One of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup, Chipper Cash had insignificant exposure to both SVB and Signature Bank....
Euler Finance hacker starts returning stolen Ether back to the Foundation
18.3.2023
Chances that the hacker will return the entire loot of $197 million remain slim as no more outbound transactions — other than the 3,000 ETH — were recorded at the time of writing
Bitcoin Price and Ethereum Prediction: BTC and ETH Surge Over 25% in Seven Days, How High Can They Go?
18.3.2023
Bitcoin (BTC) and Ethereum (ETH) have seen significant price surges in the last seven days, with Bitcoin soaring by more than 35% and Ethereum by more than 25%. This boost in the crypto market has sparked the interest of investors, who want to know how far these cryptocurrencies can go....
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Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B
18.3.2023
Bitcoin has decoupled from stocks and rising ten years after the Cyprus banking crisis coincided with a BTC price boom
Russian Parliament Votes on Bill Opening Door for Digital Ruble
18.3.2023
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian...
Diversified set of guardians required for safe self-custody: Vitalik Buterin
18.3.2023
In a Reddit post, Buterin emphasized that having too much of a concentrated grasp of your self-custody wallets can be a bad thing if you get “hacked, coerced, or incapacitated or die.”
More 186 US banks well-positioned for collapse, SVB analysis reveals
18.3.2023
Rising interest rates, which brought down the U.S. banking system’s market value of assets by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threatens their stability
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners
18.3.2023
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital...
Indian Central Bank Chief: US Banking Crisis Clearly Shows Risks Crypto Poses to the Financial System
18.3.2023
The governor of India’s central bank, the Reserve Bank of India (RBI), says the “ongoing U.S. banking crisis” clearly demonstrates the risks cryptocurrency poses to the financial system. The central bank chief added that the “Indian economy remains resilient,” emphasizing that the “worst...
Microsoft reportedly testing Edge browser web3 wallet integration
18.3.2023
The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 embedded into Edge