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Bitcoin’s Price Drop Causes Over $200 Million in Long Liquidations Across Crypto Derivative Exchanges
3.3.2023
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long...
Square Enix CEO Who Constantly Pushed NFT Games To Be Replaced
3.3.2023
Square Enix is getting a new boss. Yosuke Matsuda has served as the Final Fantasy publisher’s CEO for 10 years, and spent the last couple of those hyping up NFTs and other blockchain scams. He’s now set to be replaced by a relative newcomer, pending shareholder approval in June.Read more
Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back, Casper Labs’ Long-term Partnership with SkyBridge & Al Maskari Holding
3.3.2023
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: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back...
Russia Unveils Mutual Fund for Financing Crypto Mining Operations
3.3.2023
A Russian company has unveiled a new fund intended to finance crypto mining operations in the country.
The new mutual investment fund will be available to qualified investors who can invest a minimum of 300,000 rubles (approx. $4,000), and the money will be used to acquire crypto mining equipment...
Kieran Warkwick, Co-Founder of Illivium, on Building AAA Blockchain Games, Raising Money, and Interoperability | Ep. 209
3.3.2023
In an exclusive interview with cryptonews.com, Kieran Warwick, Co-Founder of Illuvium, talks about building the first interoperable blockchain game, the process of building AAA web3 games, and the long-term vision for Illuvium....
Read More: Kieran Warkwick, Co-Founder of Illivium, on Building...
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
3.3.2023
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number...
SEC Chair Gensler Casts Doubt on Crypto Exchanges' Ability to Meet "Qualified Custodian" Standards – Here's Why
3.3.2023
Crypto exchanges likely do not meet the requirements expected of a qualified custodian, Securities and Exchange Commission (SEC) chair Gary Gensler has said.
Gensler said the fact that exchanges cannot be considered custodians in the legal sense has become clearer as more information has emerged...
Crypto Scammers Preying on Elderly Japanese Singletons – Report
3.3.2023
Crypto scammers are targeting elderly Japanese singles on social media and dating apps. But middle-aged Japanese lonely hearts are also finding themselves in fraudsters’ cross-hairs. And some scammers appear to be targeting yet-younger individuals.
In a column for Nikkan Gendai, the financial...
Brazilian Regulator Says New Crypto Laws Coming – Here’s What to Expect
3.3.2023
The head of the Brazilian financial markets regulator says the body will roll out a “decree” in “the next few days” that will allow government-appointed bodies to better police the sector.
Per the newspaper O Globo, João Pedro Nascimento, the President of the Securities and Exchange Commission...
Billionaire Michael Saylor's Request to Dismiss Tax Evasion Charges Rejected by Judge – Here's the Latest
3.3.2023
A major tax avoidance lawsuit brought against former MicroStrategy CEO Michael Saylor has suffered a big blow. As Judge Yvonne Williams dismisses part of the case as false claims.
In April 2021, disclosures by whistle-blowers alleged that Saylor was avoiding tax in the District of Columbia (D.C)...
Squid x Axelar: Zyberswap gets smooth cross-chain swaps
3.3.2023
Squid’s widget integration has brought lightning-fast and secure cross-chain swaps on Zyberswap. With just a single click, swapping can be done seamlessly between any digital token on supported chains like Arbitrum and more. Zyberswap users can get easy access to cross-chain swaps by navigating...
Unity Gaming Engine Launches Blockchain and Web3 Integration Options
3.3.2023
Unity, a gaming engine development company, has announced the introduction of several blockchain-based integration options to its platform. The new options offer opportunities for developers, that will be able to take advantage of digital identity, tokens, non-fungible tokens (NFTs), and other...
Regulators Are Bringing the Multichain Era to a Close
2.3.2023
The high cost of understanding multiple chain environments means enterprises are likely to stick to what they know, argues Paul Brody, head of blockchain at EY
Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?
2.3.2023
Banks in Japan are starting a trial for issuing fully compliant stablecoins on an ultra-fast but largely centralized blockchain known as the Japan Open Chain.
The bank trials will be the first experiment with stablecoins in Japan that is fully compliant with local laws, a press release sent out...
NEAR protocol releases blockchain operating system for Web3
2.3.2023
Cointelegraph interviewed the protocol team at ETHDenver 2023 about the new operating system and funds raised to help Ukrainians last year
Near Protocol Starts ‘Blockchain Operating System’ to Focus on User Experience
2.3.2023
The aim for the platform is to act as a common layer for browsing and discovering Web 3 products
Aurora Labs Launches Turnkey Blockchain Solution for Businesses Transitioning to Web3
2.3.2023
PRESS RELEASE. Aurora Cloud is the all-in-one cloud infrastructure solution bridging Web2 and Web3. 03/02/2023 Denver – Web3 infrastructure startup Aurora Labs announced the launch of Aurora Cloud, a platform and suite of products that allows today’s Web2 businesses to capture the value of Web3....
Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits
2.3.2023
During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance (defi) has also increased, with its TVL accounting...
Cross-Chain Protocol Swing Says ‘No-Code’ Product to Speed Up App Deployment
2.3.2023
Decentralized applications that straddle multiple blockchains are becoming more common, though the cross-chain “bridges” often used to move digital assets back and forth between the different networks are frequently targeted by hackers
Most blockchain advocates haven't even used Bitcoin
2.3.2023
Bitcoin, the original blockchain, struggles to gain traction among blockchain advocates; an opinion from one of Europe's largest blockchain conferences