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On the Brink of a New Trend: Credit Suisse Receives 50 Billion Swiss Franc Bailout From Swiss National Bank
16.3.2023
Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global...
Fans Dunk On FIFA Promising New Soccer 'egame'
16.3.2023
This will be the first year since 1993 that there won’t be a new FIFA game after Electronic Arts abandoned the exclusive license once negotiations reportedly broke down over the renewal price. FIFA President Gianni Infantino swears the FIFA series will return, however, promising “FIFA 25, 26,...
Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year
16.3.2023
Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases...
Qui Zhou announces the approval of a new URL against http://
16.3.2023
Times are changing, and it has come to the point that http:// could soon be replaced by a decentralized URL – Web3://. This comes after Qui Zhou, the founder of the new URL, announced that the Web3 URL has been approved by EIP editors and finalized for the launch. It will soon go live, giving...
Arbitrum to Airdrop New Token and Transition to DAO
16.3.2023
The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum Layer 2 network
Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’
16.3.2023
Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most...
FTX Paid Around $2.2B to Sam Bankman-Fried, New Management Says
16.3.2023
The failed crypto exchange made a total of $3.2 billion in payments to Bankman-Fried and other key employees
Cathie Wood's Ark Launches Private Crypto Fund, Raises $16.3 Million – New Bull Market Imminent?
16.3.2023
Cathie Wood's Ark Investment has raised more than $16 million for two new private crypto funds as digital assets resume rally despite increasing regulatory pressure.
According to recent filings with the U.S. Securities and Exchange Commission, Ark Invest has raised $16.3 million for a crypto fund...
ChangeNOW expands in Hong Kong, pursues a SFC license in line with new regulations
16.3.2023
Amidst ambiguous regulatory environments that threaten the United States’ position as a crypto hub, Hong Kong may become a global nexus for digital assets. The Securities and Futures Commission (SFC) of Hong Kong has drafted rules for trading platforms that digital assets and is seeking...
Upcoming Lego Star Wars Set Finally Gives Mando A Good Darksaber
16.3.2023
I bring good news for all you Lego Star Wars nerds: After a decade of multiple sets coming with a crappy, generic Lego Darksaber piece that no one likes, things are finally changing. An upcoming new Mandalorian-themed set will include a more accurate Darksaber piece instead of the current, lacking...
Salesforce Taps Into NFTs Through Suite of New Web3 Products
15.3.2023
The cloud services giant is helping companies integrate NFTs to deepen their relationships with customers
UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents
15.3.2023
Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos...
Cathie Wood’s Ark Raises $16.3M for New Private Crypto Fund
15.3.2023
SEC filings show fundraises for two versions of the ARK Crypto Revolutions fund
12 Uses For The New AI Program That Fans Claim Will Change The World Forever
15.3.2023
Amid dozens of controversies about AI technology stealing art and denying the Holocaust, it can be difficult to think of its genuinely cool capabilities—especially when Midjourney is constantly failing to even generate the right number of fingers on a human hand. GPT-4 is the latest version of...
British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams
15.3.2023
On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually. The limit imposed on crypto exchanges is £1,000 daily ($1,215), with a 30-day limit of £5,000 ($6,077). Natwest’s Cautious...
Join the Crypto Fitness Revolution With This New Move-to-Earn Project That's Making Waves – How to Buy Early?
15.3.2023
Fight Out, the new move-to-earn (M2E) blockchain project, has raised over $5.5 million in presale investment due to its strong utility.
The innovative crypto project aims to disrupt the health industry as it tends to gamify fitness through its powerful web3 technology features and offer crypto...
NEAR Protocol could benefit from Avorak AI chat assistant to onboard new users onto NEAR wallet
15.3.2023
The NEAR Protocol had a ‘near’ miss in June 2022, when a bug was found in the NEAR Wallet that caused the seed phrase to be accessible via email providers. Luckily this bug was fixed, and the crisis was averted before anyone found the potential exploit. How can NEAR Wallet be improved...
Who Is Cross River Bank, USDC Stablecoin Issuer Circle’s New Partner?
15.3.2023
The New Jersey-based regional bank has an increased profile after the trio of recent bank collapses – and will likely face added regulatory scrutiny
Forget HTTP: Ethereum has a new URL standard that can't be blocked
15.3.2023
Under a newly rolled out Ethereum standard, DApps and NFTs can be accessed by internet users without the worry of centralized censorship
Central Bank Digital Currency Transactions to Reach $213 Billion Annually by 2030, Research Shows
15.3.2023
A new study shows that payments via central bank digital currencies (CBDCs) are expected to reach $213 billion annually by 2030. Furthermore, 92% of the total value transacted via CBDCs will be paid domestically, the research found. $213 Billion Annually Research and market intelligence firm...