SVB is not a canary in the banking coal mine

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. Welcome to jobs day. Forecasters think there w...

Community Fears Exploit As Hedera Halts Wallet And App Access

The Hedera network has stopped all access to its wallet and app as it investigates technical irregularities, which could be due to a possible exploit in its smart contracts.  As a result of this actio...

European bank stocks sink as Silicon Valley Bank jitters spread

European banking stocks sold off sharply in early trade Friday as a global contagion effect took hold after shares in U.S. bank SVB Financial plunged 60%. It followed an announcement by the tech-focus...

U.S Treasury To Impose 30% Tax On Crypto Mining Operations

On Thursday, March 9, U.S. President Biden revealed his budget proposal for 2024. Under the Biden Budget, the U.S. Treasury Department is looking to introduce a 30% excise tax on crypto mining operati...

200M More Shiba Inu Burned Following Yesterday’s Burning of 2B Tokens

Shiba Inu (SHIB) Goes Up in Flames, 2.20 Billion Tokens Burned in 24 Hours. Shiba Inu has been undergoing an unusual burn activity since yesterday. It all started when the contract wallet called “Shib...

SEC of Thailand wants public feedback on crypto lending, staking ban

Thailand’s Securities and Exchange Commission (SEC) is preparing to hold a new public hearing on a potential ban on staking and lending services in the country. Thailand’s SEC officially announc...

Worst Night in History of Crypto? 6 News Items Caused Catastrophe on Market

Arman Shirinyan Crypto community was hit with previously unseen streak of bearish news On March 10, the crypto market experienced a massive sell-off that wiped out billions of dollars of value in a ma...

Voyager Creditors To Challenge US DOJ In Binance.US Deal

Voyager creditors committee on Friday said it will work with Debtors to challenge any appeal against the Bankruptcy Court’s approval of Binance.US bid to acquire Voyager Digital assets. The move comes...

The 9.78% dividend yield trap

SL Green Realty (NYSE: SLR) stock price has been in a freefall despite the company’s high dividend yield. It has retreated to a low of $31.55, the lowest level since 2010. This price is about 66% from...

Starbucks sells out 2k NFTs in under 20 minutes

Starbucks recently released its inaugural collection of NFTs. The collection consists of 2,000 digital “stamps” named “Journey Stamps,” each priced at $100. Starbucks launched its first limited editio...

SWIFT Moves To Second Phase Of CBDC Testing After Successful Test Run

– Advertisement – Inter-bank messaging system SWIFT is set to go ahead with the second phase of CBDC testing.  The decision was made after positive results in a test run that linked CBDCs ...

Here Are The Possible Outcome

One of the long running Ripple vs SEC legal battles is getting interesting each passing day. Also with the way the proceedings are moving the XRP community can soon expect a final conclusion. While th...

Nansen Report Highlights Optimism for Ethereum Ahead of Shanghai

Just 35% of ETH deposits are profitable ahead of Ethereum’s Shanghai upgrade. The majority of stakers have deposited ETH at rates greater than the current market price. The positive effects of Shangha...

US House Republicans Blast Biden Administration’s Attack on the Crypto Ecosystem

Republicans in the U.S. House of Representatives are criticizing the White House, saying the Biden administration’s approach to crypto assets threatens the nascent industry. In a new memo addressed to...

Meta Is Working On A Decentralized Twitter Alternative Reportedly Codenamed P92

Topline Meta on Friday said it is working on a new social media platform for sharing “text updates” reportedly designed to compete directly with Twitter, which has been hit by various operational issu...

Congress Crypto Regulations Needed to Slow Innovation Exodus

U.S. lawmakers have reintroduced a bill to prevent an innovation exodus in the wake of an ongoing crypto regulation crackdown on the industry. A bipartisan effort to keep innovation in America has bee...

SEC Chair Gary Gensler Calls for Crypto Firms to Comply with Regulations

Gary Gensler, the newly-appointed chair of the US Securities and Exchange Commission (SEC), has emphasized the need for cryptocurrency firms to comply with regulations. Gensler made these comments dur...

Mirror Launches New Feature to Empower NFT Creators

Mirror, a platform designed as a mainstream publishing outfit for Web3.0 innovators has launched its latest product dubbed “Subscribe to Mint.” As announced by the firm, the new feature is designed to...

Consumer spending in China isn’t surging back yet, companies say

A JD.com courier drives past the Zaha Hadid-designed Galaxy Soho complex in Beijing, China, on Saturday, Feb. 18, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — China has yet to see a strong reb...

Dogecoin, Shiba Inu bleed as market braces itself for FTX-like scenario

Both DOGE and SHIB registered double-digit losses in the last seven days. The number of whale transactions increased sharply, implying a sell-off. Prominent meme coins like Dogecoin [DOGE] and Shiba I...

「Sui(SUI)」上にMMOゲーム「Trantorian」構築へ、ミステンラボとインデルベ提携で

「Sui(SUI)」上にMMOゲーム「Trantorian」構築へ 新興レイヤー1ブロックチェーン「Sui(スイ)」上に、宇宙をテーマにしたMMO(多人数同時参加型オンライン)ゲーム「Trantorian(トラントリアン)」が構築されることが3月8日発表された。 これにあたり「Sui」開発のミステンラボ(Mysten Labs)と「Trantorian」開発元のブロックチェーンゲーム開発企業インデ...

Crypto Traders Will Face Tough Times in 2023 – Predicts Top Crypto Analyst

Bitcoin analyst Benjamin Cowen has updated his 2023 Bitcoin price forecast and warns that both bulls and bears are expected to suffer losses this year. At a recent strategy session, Cowen said that si...

Hedera temporarily disables network services after exploit

Hedera has announced that it has turned off network proxies on its mainnet due to an exploit. Critical network services like wallets, decentralized exchanges, and others will be available again once t...

U.S President Proposes 30% Tax on Electricity Used For Crypto Mining

6 seconds ago | 2 mins read Bitcoin News Biden has proposed a 30% tax on all power used to mine cryptocurrencies. The goal of this plan is to decrease mining activities, as stated by the government. U...

Top 3 Crash Gambling Sites

Crash gambling has exploded in popularity in recent years thanks to its exciting gameplay and huge reward potential. If you’re new to crash gambling, then no worries as it’s straightforward to underst...

Data Shows Ribbon Finance Scooped up a Lot of LDO and WBTC

Lookonchain tweeted that Ribbon Finance bought a lot of LDO and WBTC in the last 24 hours. According to the tweet, Ribbon Finance bought $2.28 million worth of LDO and 1,036 WBTC. The price of LDO has...

Could DPAT Be The Most Innovative Cryptocurrency Of 2023

The drums of progress beat steadily across the vast expanse of Africa, heralding the arrival of DPAT, the crypto token that’s unlocking the continent’s vast potential. As an investor, you’re always lo...

DigiToads: the potential of presale

SPONSORED POST* DigiToads (TOADS), the newest meme token in the cryptocurrency space, has been making waves since its announcement. The project aims to provide a fully utility-based meme coin that pos...

Ether Hits Two-Month Low Under $1.4K as Coinbase Premium Index Dwindles

The New York Attorney General’s decision to refer to ether as security in its lawsuit against the cryptocurrency exchange KuCoin likely catalyzed the selling. If ether is deemed as a security an...

Cryptocurrency Market Cap Dropped Below $1 Trillion

35 seconds ago | 1 min read Altcoin News The current crypto market capitalization is $928,980,961,277. The market has fallen $72 billion low. Global cryptocurrency market has fallen down below the lon...

Rapper The Game’s crypto startup gets registration revoked

A crypto startup backed by the American rapper Jayceon Terrell Taylor, better known as “The Game,” had its registration revoked by the United States Securities and Exchange Commission (SEC) for violat...

Trader Who Sold Bitcoin at $25,000 Reveals When He Will Turn ‘Very Very Bullish’ on BTC

A crypto analyst who rode the Bitcoin (BTC) rally from its 2022 bottom is updating his outlook on the flagship digital asset. In a new video, pseudonymous crypto trader DonAlt tells his 48,500 YouTube...