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Swift Reports Positive Results from CBDC Pilot Test, Continues with Next Phase of Testing
10.3.2023
The international payment system Swift has reported positive results from a pilot test of transfers between different central bank digital currencies (CBDCs), saying they see “clear potential and value” in it.
The pilot test specifically looked at how different CBDCs can interoperate through...
Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling Decentralized Text-based App
10.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling...
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
S Korean Regulator Launches Crypto Trading Platform Probe – Which Exchanges Are Involved?
10.3.2023
South Korea’s top financial regulator, the Financial Services Commission (FSC), has begun a “comprehensive inspection” of the nation’s crypto exchanges.
Per Decenter, Financial Services Commission (FSC) specifically wants to probe the 20 trading platforms that do not have licenses to trade fiat...
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
Core DAO enters into a partnership with OKX
10.3.2023
Core DAO recently announced entering a partnership with OKX. The collaboration will see OKX expanding its product integrations while collaborating with the CORE community. Moreover, the exchange will explore new staking deals while enjoying better compatibility with Core DeFi apps. Given...
Russian AML Regulator Says It’s Monitoring 25,000 Crypto Users – Here’s How
10.3.2023
The top Russian anti-money laundering regulator says that it is “monitoring” over 25,000 crypto users – and claims it has sophisticated tools that let it detect illegal activities.
Per Finam, Yury Chikhanchin, the head of the Federal Financial Monitoring Service (Rosfinmonitoring) recently held...
U.S. Justice Department Opposes Voyager Digital’s Sale to Binance.US, Appeals Judge’s Decision – Here's the Latest
10.3.2023
Shortly after bankrupt crypto lender Voyager Digital was authorized to sell its assets to crypto exchange Binance.US and transfer its users to the platform, the U.S. Department of Justice (DOJ) made an attempt to block the sale by filing an appeal that could derail it....
Read More: U.S. Justice...
Blockchain.com Announces Closure of Crypto Asset Management Arm in London Following Market Challenges
10.3.2023
Major crypto platform Blockchain.com is closing its London-based crypto asset management arm less than a year after its launch.
Ongoing market challenges - including price crash(es), exposures to collapsed companies, legal woes, and regulatory scrutiny - have had a significant impact on the entire...
Crypto Mining Firms Targeted: U.S. Treasury Proposes 30% Tax on Electricity Costs
10.3.2023
Crypto mining firms based in the United States could be subject to a 30% tax on electricity costs under a new budget proposal aimed at reducing mining activity.
According to a March 9 supplementary budget explainer paper by the Department of the Treasury, any firm using owned or rented mining rigs...
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain
10.3.2023
According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to...
Blockchain.com suspends its asset management subsidiary launched in April: Report
9.3.2023
The timing of opening the subsidiary was unfortunate, a spokesperson noted to Bloomberg, although the company held up to the crypto winter for quite a while
Blockchain.com to Suspend Operations of Asset Management Arm: Bloomberg
9.3.2023
Crypto financial services company Blockchain.com is suspending operations of its recently-launched asset management arm, citing the prolonged crypto winter as the reason for its decision, according to a Bloomberg report
Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’
9.3.2023
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s...
Cardano Price Forecast as Blockchain's Total Value Locked Figure Reaches All-Time High – ADA Adoption on the Rise?
9.3.2023
The ADA-denominated value of cryptocurrency locked within smart contracts on the Cardano blockchain recently reached an all-time high of 341 million ADA, according to data presented by DeFi Llama. ADA is the token that powers Cardano’s smart-contract-enabled high-performance blockchain that is seen...
Biden Administration Proposes Major Changes to Crypto Taxation – Here's What You Need to Know
9.3.2023
US President Joe Biden has proposed major changes to the tax rules surrounding crypto, but the plan first have to be negotiated and approved by Republican-controlled Congress.
Biden’s proposal on crypto taxes is part of his budget plan for the 2024 fiscal year, which is expected to be unveiled...
ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use
9.3.2023
Environmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary...
AI-Focused ZK Layer 2 Blockchain CryptoGPT to Issue Own Token Friday
9.3.2023
CryptoGPT is attempting to latch on to the success of artificial intelligence (AI) and ChatGPT by issuing its own GPT token
$54B fund partner runs women-only DAO, LatAm blockchain gaming guild
9.3.2023
Clara Bullrich helps run a $54B investment fund, a women-only DAO and she founded a gaming guild to teach gamers in Latin America play to earn
5 countries leading the blockchain adoption
9.3.2023
Discover the countries leading blockchain adoption with innovative solutions, supportive regulations and more