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Former Treasury Official Issues Dire Warning, Bill Ackman Fears Economic ‘Train Wreck,’ US Gov. Remains Top BTC Holder, and More — Week in Review
2.4.2023
Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for the U.S. Department of the Treasury, indicating “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency....
UNICEF's Foray into Crypto: Agency Tests Prototype DAO for Digital Public Goods
31.3.2023
UNICEF, a United Nations agency focused on humanitarian aid and relief to children, is further venturing into the cryptosphere with its ongoing work related to a decentralized autonomous organization (DAO) prototype.
"Right now, we're building a DAO prototype to fairly distribute power...
IOTA Releases Shimmer Public Test Chain Ahead of Native Ethereum Virtual Machine Launch
29.3.2023
The public testnet will help developers improve the resilience, performance, and security of ShimmerEVM
Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status
29.3.2023
Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S. dollar,” she said, predicting that “there would...
ConsenSys Launches zkEVM Public Testnet, Renames It ‘Linea’
28.3.2023
The release comes in the days after competitors, Polygon and Matter Labs, came out with their own zkEVMs
Standing Together Against Disasters: CoinEx Charity Passes on the Spirit of Charity
28.3.2023
PRESS RELEASE. Every year, natural disasters like earthquakes, hurricanes, and floods hit countries around the world, severely damaging local infrastructure and homes and causing casualties. Individuals and communities in the catastrophe-hit areas suffer a heavy loss and need help from the outside...
Crypto Exchange Luno Rejigs Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
22.3.2023
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO
IRS calls for public feedback on taxing NFTs as collectibles
21.3.2023
Those wishing to offer feedback to the IRS on having NFTs treated as collectibles such as coins or works of art have until June 19 to submit comments
The NFT Louvre Exhibit That Wasn't: Untangling the Public Mess of a Non-Event
17.3.2023
Last week, AI artist Claire Silver announced her NFTs would be displayed at the Louvre Museum in Paris – which The Louvre denied shortly after. Here's what happened
FBI Says Crypto Investment Fraud Rose 183% to $2.57 Billion in 2022
16.3.2023
The Federal Bureau of Investigation (FBI) says cryptocurrency investment fraud rose 183% from $907 million in 2021 to $2.57 billion in 2022, based on data from its Internet Crime Complaint Center (IC3). The FBI also warned the public of “a spike in cryptocurrency investment schemes.”...
Mad Money Jim Cramer on BTC Price Surge: ‘I Would Sell My Bitcoin Right Into This Rally’
15.3.2023
The host of Mad Money, Jim Cramer, says he would still sell bitcoin despite the failures of major banks and growing public distrust in the banking system and the Federal Reserve. “Bitcoin is a strange animal,” he said, asserting that the price of the cryptocurrency is “being...
Accounting Platform Cryptio Partners With Protocol Labs to Help Filecoin Miners Go Public
14.3.2023
Filecoin miners will be able to generate accounting reports needed to pass their public company accounting oversight board (PCAOB) financial audits
FBI Warns About Cryptocurrency Theft Scams Using Play-to-Earn Games
13.3.2023
The FBI has issued a public service announcement (PSA) warning on the utilization of play-to-earn games as part of a scheme to defraud users of funds stored in the form of cryptocurrency. Criminals are introducing victims to this kind of game and then use malware to extract the funds from...
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’
12.3.2023
On Saturday, March 11, 2023, Circle Financial updated the public about its stablecoin, USDC, and noted that the stablecoin’s liquidity operations will resume normally on Monday morning in the United States. Circle said that the company’s teams would be ready on Monday to “handle...
SEC of Thailand wants public feedback on crypto lending, staking ban
10.3.2023
Thailand's securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services
US Accounting Watchdog Issues Warning on Crypto Proof-of-Reserve Audits: Investors Urged to Exercise Caution
9.3.2023
According to a recent warning by the U.S. Public Company Accounting Oversight Board (PCAOB), crypto proof-of-reserve (POR) audits have limitations, and the board believes that investors should exercise caution when dealing with companies using POR audits. PCAOB Calls for Investor Caution and...
Shiba Inu Price Prediction as Shibarium Public Beta Launch Approaches – Is a SHIB Pump Coming?
8.3.2023
The Shiba Inu price has fallen by 1.5% in the past 24 hours, dragged down by a cryptocurrency market that has reacted negatively to the expectation of another Fed rate hike.
At $0.00001092, it has declined by 9% in the past week and by 24% in the last 30 days, although it still remains up by...
North Macedonia Says Bomb Threats Come From Russia, Crypto Used to Hide Origin
8.3.2023
The government of North Macedonia believes that an ongoing wave of false bomb threats against public targets in the country is coming from Russia and Iran. The authorities in Skopje also say that payments related to the attacks have been made with cryptocurrency to conceal traces. Over...
Escape From Tarkov Devs Drag Thousands Of Banned Cheaters In Public
7.3.2023
Cheaters suck. By exploiting vulnerabilities in any given game, either through datamined hacks or purchasable cheats, charlatans can ruin the fun for everyone involved. Sometimes these swindlers need to be publicly shamed to grasp the gravity of the ban hammer that’s fallen upon them, and that’s...
ConsenSys zkEVM set for public testnet to deliver secure settlements on Ethereum
3.3.2023
ConsenSys will release its zkEVM rollup to its public testnet on March 28, paving the way for an eventual mainnet integration later in 2023