What comes as a shocker for the crypto market, leading decentralized exchange (DEX), SushiSwap and its Head Chef Jared Grey, have been served with a subpoena by the U.S. SEC recently. The team is curr...
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Live Tech News Updates.
Swedish pension fund Alecta dumps First Republic Bank shares after price plummets
Private Swedish pension fund Alecta has sold its shares in First Republic Bank, the American bank struggling to stay afloat after a serious drop in share value, a bank spokesperson announced March 21....
SushiSwap Defense Fund Against SEC Subpoena Already in Works
The SEC on Tuesday served a subpoena on Tuesday to decentralized crypto exchange SushiSwap — presumably regarding concerns over its native token, Sushi. In a governance proposal released Tuesday...
USDC issuer Circle seeks regulatory approval in France amid US banking troubles
Ad USD Coin (USDC) issuer Circle has applied to become a licensed Electronic Money Institution and a registered Digital Asset Service Provider (DASP) in France — expanding its operations in Europe. In...
DeFi Insurance Claims Reach $34.4 Million
The decentralized finance (DeFi) industry has seen remarkable growth in recent years, with more than $160 billion in total value locked in various protocols and applications as of March 2023. However,...
Breaking: SushiSwap and its CEO served with subpoena by SEC
The United States Securities and Exchanges Commission (SEC) has taken a swing at yet another crypto-entity. This time around the commission has issued a subpoena against SushiSwap – a decentralized ex...
Anonymous DAO tomi raises $40M for ‘surveillance-free’ internet
Alternative internet developer tomi has raised $40 million from venture capital firms as part of a broader effort to lure content creators to its decentralized World Wide Web alternative. The funding...
Yesports Launches the Largest Esports Marketplace for Gaming Expansion into Web3 Alongside 40+ Partners
New York, New York, 21st March, 2023, Chainwire Yesports announces the launch of its premier esports marketplace, opening with a Debut Trading Competition to kickstart the action with its global commu...
Why Is Cardano The Worst Performer? Is The Hype Around ADA Price Dead?
With Bitcoin’s astronomical surge, the crypto market has witnessed an overall bullish trend, touching a new mark in the global market cap. However, with each passing day, investors are witnessing seve...
Coinbase Petitions SEC to Exclude Staking from Securities
Against the backdrop of intense regulatory scrutiny around crypto firms staking activities, Coinbase petitioned the SEC to exclude staking from the agency’s definition of securities. Crypto exchange C...
Coinbase To US SEC; Core Staking Services Are Not Securities
The United States Securities and Exchange Commission (SEC) has strictly regulated digital currencies and crypto exchanges like Coinbase. It is currently in a lawsuit with Ripple Lab regarding what it ...
USDC Issuer Circle Applies For Regulatory Approval in France
Altcoin News Circle hopes to be the first and only firm to acquire complete approval from the AMF. The company has applied to become both an EMI and a DASP. Circle, the company behind the USD Coin (US...
XRP Prediction for the next 3 months
The XRP coin is one of the most exciting topics on the market at the moment. While some observers expect the course to implode due to the possible defeat by the SEC, others are hoping for a massive bo...
Metatime Raises $11M in Private Funding To Enhance Web 3.0 Ecosystem
March 21st, 2023 – Istanbul, Turkey Metatime has announced that it has raised a total of $11 million in investment through two seed sales held to develop the Web 3.0 ecosystem. This leaves only two ro...
Chainlink (LINK) Price Approaches Key Resistance
The Chainlink (LINK) price shows bullish signs in the weekly and daily time frame. It is approaching a key long-term resistance level. LINK is the native token of Chainlink, which uses a decentralized...
Richard Branson’s Virgin Orbit Staring at Bankruptcy This Week in Absence of Deal
Sources familiar with the matter said that if Virgin Orbit fails to strike a deal this week, it’s preparing for restructuring in the case of insolvency. As per the latest development, Richard Branson‘...
Arbitrum’s ARB Token to Start Trading On 23 March! Here’s How You Can Profit from the Launch
The eyes of the crypto market are currently on Arbitrum as it seeks to revolutionize the industry in the upcoming days. Arbitrum’s highly anticipated ARB token is set to start trading on 23rd March, s...
The Fed Will Continue to Hike Despite Banking Crisis, Predicts Former Richmond Fed Chief
Former Richmond Federal Reserve President Jeffrey Lacker believes the Fed should – and will – remain firm in hiking interest rates at its upcoming March meeting, and subsequent meetings thereafter. De...
Will BONK’s achievement help SOL beat the bears? Examining…
BONK’s weighted sentiments remained bearish despite massive price uptick in the last week. SOL’s metrics and market indicators continued to support the bears. Lately, Solana [SOL] has registered a sli...
This Bullish Pattern May Bring MATIC Price Back On Recovery Track; Is $1.5 Within Reach?
Published 12 seconds ago Within a fortnight, the MATIC price rebounded twice from $1.08 support and revealed the formation of a double bottom pattern in the daily time frame chart. This famous bullish...
DeFi insurance payouts amounted to $34.4M in 2022: Report
According to a Mar. 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in claims in 2022. In context, only $36.9 million of such cla...
Sony Files Patent for NFTs to Allow Transfers Between Games and Consoles
The patent, originally filed last week, would allow players of Sony products such as its flagship Playstation to have an interoperable Web3 gameplay experience. Gamers would be allowed to transfer in-...
WazirX Bans 2,431 Accounts Between October 2022 and March 2023
WazirX announced that the company has banned 2,431 accounts. The exclusion of the accounts was under the direction of the LEA and as a part of the company’s internal monitoring. WazirX stated that it ...
XRP Suddenly Spikes 11%, is Judgment Coming Ripple’s Way?
As the legal tussle with the SEC inches closer to an end, the Ripple camp has become more optimistic about a favorable ruling in light of new developments. XRP, Ripple’s native token, is currently buc...
Arbitrum to airdrop 112.8M ARB tokens to DAOs on its ecosystem
Ad Ethereum layer2 solution Arbitrum would airdrop 112.8 million ARB tokens to 137 decentralized autonomous organizations (DAOs) on its ecosystem on March 23. Arbitrum says airdrop is not a retroactiv...
Coinbase vs. SEC Over Security Tokens
Yesterday the famous US exchange Coinbase sent the SEC a petition asking that cryptocurrencies based on Proof-of-Stake (PoS) not be considered security tokens. The petition is addressed to Vanessa A. ...
SHIB whales move $276 million off exchanges, what’s next?
Billions of SHIB token were moved on 20 March, causing a spike in transaction volume. The move was from an exchange wallet to self-custody despite negative MVRV. Since Shiba Inu’s [SHIB] price increas...
U.S. IRS Considers Taxing NFTs Like Other Collectibles
NFT News: The Treasury Department and the Internal Revenue Service made an announcement on Tuesday that they are considering taxing digital collectibles such as NFTs and are requesting feedback for up...
What’s Behind The State Ban On Digital Dollar?
Amid growing concerns over privacy invasion of the central bank digital currency (CBDC), a US state is stepping in to impose a ban to “forbid the use of a CBDC as money.” Florida Governor, Ron DeSanti...
These 3 Cointelegraph Markets Pro alerts generated a cumulative profit of over 100%
Last week, Cointelegraph Markets Pro, an institutional-grade crypto intelligence and alerts platform, provided subscribers the opportunity to trade three coins that embarked on momentum-fueled price m...
Seed Club Ventures Emerges with $25M to Back DAOs
“We see the current growth of internet-native organizations as the next step in the evolution of human coordination. We are excited to support the founders who are building the tooling that will serve...
Becoming Borderless Pioneers. Bware Labs Roadmap and Commitment to Web3 Builders
Bware Labs is a blockchain infrastructure provider that was founded in 2021 with the purpose of contributing to the rise of a truly decentralized web3 ecosystem. The company was born out of a frustrat...