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FTX-related stablecoins on the move: $145M transferred to crypto exchanges
14.3.2023
Three wallets, reportedly associated with both FTX and its subsidiary, Alameda Research, have moved 69.64 million USDT and 75.94 million USDC
Spain Prepares to Expand Offer of Gold Bullion Coins for Investors
14.3.2023
The government of Spain has approved the resources for a new issuance of gold bullion coins, which will be directed to satisfy a higher estimated demand for these instruments. The Spanish National Coin Factory will purchase 40 million euros in high-quality gold pieces for this batch,...
Three Arrows Capital-Affiliated Crypto Firm Raises $100 Million for New Liquid Token Fund – Here's What You Need to Know
14.3.2023
DeFiance Capital has reportedly raised $100 million for its liquid token fund.
On Monday, The Block reported that the crypto investment firm completed the first close of the new fund, citing "two sources with direct knowledge of the matter". ...
Read More: Three Arrows Capital-Affiliated Crypto...
Does the US banking collapse bring faith in BTC and ETH?
14.3.2023
This week the crypto market has been volatile because higher interest in the USA squeezed three prominent US financial institutions serving the tech sector. After that, the U.S. Treasury Department and Federal Reserve ensure the customers are safe while bond and equity holders may need to face...
Bitcoin Options Volume on Deribit Hits Highest Level in 22 Months as Bank Failures Breed Volatility
14.3.2023
Traders seek options to hedge against market volatility as U.S. bank failures triggered sharp repricing of interest rate expectations
Instagram is on the verge of sunsetting NFT features
14.3.2023
Instagram recently announced that the platform is closing down its NFTs (digital collectibles) operations. The news was shared on Twitter by its FinTech and Commerce lead, Stephane Kasriel. The tweet read that the social media giant is disabling its features that support NFTs. Stephane stated that...
Shiba Inu Price Prediction as SHIB Spikes Up 4% – Is a New Rally Starting?
14.3.2023
The price of Shiba Inu has risen by 4% in the past 24 hours as the cryptocurrency market recovers from the weekend's selloff and benefits from fears over the banking system.
At $0.00001099, SHIB remains down by 1.5% in a week and by 15% in the last 30 days, although the meme token has risen by...
Seoul: Sanctions May Be Ineffective Against North Korea’s Crypto Hacks
14.3.2023
North Korea’s crypto hacking campaign may be impervious to international sanctions, a South Korean government official has claimed.
According to the media outlet Yonhap TV News, an unnamed Seoul-based government official stated:
“The scale of North Korea’s cybercrime-related activities suggests...
Former CEO of Troubled Crypto Firm Creates New Stablecoin – How Does it Work?
14.3.2023
Flex Yang, the former CEO and founder of Babel Finance, has introduced a new decentralized stablecoin backed by crypto-native reserves and an entire DeFi ecosystem built around it.
Yang claimed the Hope stablecoin blends centralized finance (CeFi), decentralized finance (DeFi) and traditional...
Ethereum Price Prediction as ETH Pumps Up 4.5% in 24 Hours – Where is the Next ETH Target?
14.3.2023
The Ethereum price has risen by 4.5% in the past 24 hours, with its surge to $1,669 happening as the cryptocurrency market recovers from its weekend selloff.
Its current price means that it has risen by 6.5% in a week and by 8% in the last 30 days, with the altcoin also up by 39.5% since the start...
Binance (BNB) up, Uniswap (UNI) down, Orbeon Protocol (ORBN) on track for new high
14.3.2023
The crypto market has followed a downward trend going into March. Many cryptocurrencies are facing a second price correction following the highs of February, with Uniswap being down by 4.41% in the past 24 hours. Meanwhile, Binance Coin (BNB) is up by 0.29%, and Orbeon Protocol (ORBN) value stands...
Report: Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam
14.3.2023
The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In addition to seizing 95 mobile phones and 3,367 SIM cards, the police said domestic and foreign currency valued at $194,000 was recovered during the arrests....
Protocols report exposure to the $197 million Euler Finance hack
14.3.2023
Some malicious players hacked Euler Finance to steal $197 million funds in total. The hack was carried out in four different transactions for $177 million, with two more attacks that added to the concern. This was first reported by BlockSec, a blockchain security firm, and then corroborated...
Vitalik Buterin-Named Wallet Sent 500 Ether to Mint RAI, Buy USDC Amid Depegging
14.3.2023
USDC depegged over the weekend to 89 cents, and a Buterin-labeled wallet may have bought the dip
Euler Finance blocks vulnerable module, working on recovering funds
14.3.2023
Euler is currently working with law enforcement agencies and blockchain security firms, trying to contact the exploiter to recover the funds
Euler Finance faces $197 million hack
14.3.2023
BlockSec first broke the news that Euler Finance had been hacked by malicious players. The hacking attempt was reportedly successful since the players were able to take a total of $197 million from the network. The blockchain security firm has further stated that $177 million was stolen in four...
Bitcoin Nears $25K as Interbank Funding Stress Indicator Surges to Highest Level Since COVID Crash
14.3.2023
Banking sector stress strengthens the case for Fed pause next week. Likely beneficiaries from the financial stress are gold and bitcoin, one observer said
Membrane Finance, Polygon Labs & deltaDAO brings EUROe to Gaia-X
14.3.2023
Membrane Finance, Polygon Labs, and deltaDAO recently announced a strategic partnership. The parties are bringing the world’s first euro-regulated stablecoin, EUROe, to Gaia-X. After the integration is done, EUROe will act as the primary settlement token on the platform. The GEN-X network, a Web3...
What is JOMO in crypto trading?
14.3.2023
JOMO is that "I-was-right-about-the-market" joyful feeling after narrowly escaping a bad trade and potentially catastrophic losses
Stargate foundation advises DAO against reissuing STG tokens
14.3.2023
The Stargate Foundation, in agreement with FTX liquidators, has advised the DAO that issuing the STG token could put its safety at risk and may violate the automatic stay