Governor Ron DeSantis of Florida has proposed legislation that aims to protect residents of the state from the potential risks associated with a central bank digital currency (CBDC) and the increased ...
Category: Tech
Live Tech News Updates.
Coinbase Offered $3 Billion Credit Line To Circle Following USDC’s De-Peg
– Advertisement – Coinbase reportedly offered a $3 billion credit line to Circle last week. The funds were meant to serve as a backstop for the reserve that backs USD Coin. The emergency...
Mastercard to settle transactions for stablecoin wallet in APAC
Global payment provider Mastercard is launching a stablecoin digital wallet integration with the Australian stablecoin platform Stables. Mastercard and Stables on March 20 announced a collaboration to...
Marqeta Announces Partnership with Stables in Australia to Power Prepaid Card
Marqeta will power the new Stables prepaid card, enabling users to convert stablecoins into fiat and spend wherever Mastercard cards are accepted online and in-store globally. OAKLAND, Calif.–(BUSINES...
How to Trade ARB on Binance
Binance, one of the largest cryptocurrency exchanges in the world, recently announced that it will be listing Arbitrum (ARB) on its platform. This is exciting news for the crypto community as ARB is a...
New Report Says Coinbase Offered Credit Line to Circle
Coinbase reportedly prepared a $3.3 billion USDC rescue package for Circle after the failure of Silicon Valley Bank prevented money from leaving Circle’s account. The exchange offered to step in after...
Asian Banking Regulators Allay Fears on Credit Suisse Effect
Considering the influence of the US markets, other Asian banking regulators including the MAS have affirmed that the Swiss firm’s takeover will have no material impact on retail customers. A number of...
Transaction Activity At 2-Year High
Data shows the Bitcoin average transaction count has risen to the highest level since April 2021, indicating that the asset’s price could be bullish. Bitcoin Transactions Are Happening At An Average R...
Euler hacker offers to negotiate return of funds
Ad A hacker who recently exploited Euler Finance is attempting to arrange the return of stolen funds, as seen in an on-chain message on March 20. Hacker reaches out to Euler Finance Records from Ether...
DAI supply has fallen by 13% this week
Ad In the past week, MakerDAO has experienced a drop in total value locked (TVL), the supply of DAI, and annualized fee income, signaling some potential trouble for one of the world’s largest stableco...
No CBDC in Florida, Says Governor Ron DeSantis
Florida Governor Ron DeSantis is the next Republican politician to take a firm stance against Central Bank Digital Currencies (CBDCs) in the United States. The governor recently voiced support for a ...
IMF examines CBDC design in context of Islamic banking, finds some risks magnified
A central bank digital currency (CBDC) can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows, even wh...
Polygon and Immutable partner on Web3 gaming
Ad Ethereum ecosystem projects Polygon and Immutable have partnered on Web3 gaming, according to a press release published on March 20. Immutable and Polygon join forces The joint announcement indicat...
MATIC faces rejection at $1.25, a revisit of $1 looks increasingly likely
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The daily market structure was bearish. The bounc...
Coinbase Offered $3B Credit Line To Circle For Repegging USDC
Crypto News: As more information about the tragic weekend of the USDC depeg continues to surface, the newest development in the wake of the failure of Silicon Valley Bank is the introduction of a cred...
Creators Behind Web3 Game Aavegotchi Raise $30M in Multi-Year Long Token Sale
“The successful conclusion of this sale represents a watershed moment for the decentralized fundraising space and, we hope, a model for responsible fundraising for projects in the future,” said ...
Coinbase pauses support for Signature Bank’s Signet: Report
More than a week after New York regulators closed the crypto-friendly Signature Bank, Coinbase has reportedly stopped support for the institution’s Signet payment platform. According to a March 20 rep...
Gala sues pNetwork demanding $28m compensation
Gala Games, the company behind the GameFi project, revealed on March 20 that it had just initiated legal action against pNetwork, demanding $28 million from them. Gala used this cross-chain interopera...
Florida Governor Ron DeSantis seeks to ban US CBDC in state
Part of Biden’s Executive Order encouraged the Financial Stability Oversight Council “to identify and mitigate economy-wide (i.e., systemic) financial risks posed by digital assets and to develop appr...
In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.
A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down. SVB Financial Group has filed a voluntary petiti...
Bank collapses are spurring interest in self-custody startups
The collapses of Signature Bank and Silicon Valley Bank have left many people in disbelief, with skeptics questioning the stability of the traditional financial system. Cryptocurrency, sadly, did not...
DOGE Price Analysis for March 20
Most of the coins have started the new week with a decline, according to the CoinMarketCap ranking. DOGE/USD The rate of DOGE has dropped by 1.20% over the last 24 hours. On the hourly time frame, the...
XRP Potentially Builds up Foundation Above Important Price Level: Details
Contents SHIB whales not helping Solana finally back In a surprising turn of events, XRP has finally broken through the local resistance level that has been holding it down for the past 53 days. This ...
Ex-Ripple Exec Remains Bullish on XRP
Alex Dovbnya Former director of developer relations at Ripple Matt Hamilton has expressed his bullish stance on XRP despite mocking the XRP community for spreading conspiracy theories about ISO 20022 ...
Here’s How Much Smartest Wallets Earn
Vladislav Sopov One really smart cryptocurrency wallet managed to grab rewards of at least 12 (!) retroactive DeFi and NFT airdrops Contents Check out wallet that benefited from 12 crypto airdrops ARB...
Most Optimistic Cryptos This Year
Advertisement     Infusing in cryptocurrencies is a great way to set up your portfolio for future headways. Despite market conditions being in a downturn, this provide...
MEV bot drained $1m after attacker manipulated bug
A non-atomic MEV bot was reportedly drained $1 million through a bug. Further investigation shows it has been on the platform for a while and was responsible for prior bad trades. In a Twitter thread,...
Coinbase drops support for Signature’s still-active Signet payment network
Coinbase has discontinued support for Signet, a service once offered by the failed Signature Bank, according to a report from the Wall Street Journal on March 20. Coinbase partnered with Signature in ...
Australian Bankers Association cost of living probe shows bank pressure
The Australian Banking Association (ABA), which is the trade association for the Australian banking industry, has initiated a cost of living inquiry in order to investigate the impact that the COVID-1...
Chainlink [LINK] initiates new bull cycle: All you need to know
LINK has seen a jump in accumulation momentum in the past few days. LINK whales have been at the forefront of this rally. At press time, Chainlink [LINK] appeared poised for a rally in the coming da...
Euler Finance $197 Million Hack Bears Links With North Korea But It Could All Be One Big Misdirection ⋆ ZyCrypto
Advertisement     Euler Finance hackers transferred 100 ETH to an address linked with North Korean hackers. With experts mulling over the possibility of North Korean i...
DefiLlama Undergoes A Fork Amid Concerns That Team Members Have Gone Rogue ⋆ ZyCrypto
Advertisement     Internal disagreement over the launch of a token has led to a splintering of DefiLlama. A group of disgruntled employees are accusing the project’s f...