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Bitcoin and Stablecoins Will Bring Crypto Mass Adoption to Africa, Experts Say
20.3.2023
The sentiment permeated talks and fireside chats at the 2023 Blockchain Africa Conference in Johannesburg, South Africa
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks
20.3.2023
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller banks. “This is a contagion that could be spread...
Bitcoin Surges by More Than 37% Against US Dollar This Week, Taps $28K on Sunday
19.3.2023
Bitcoin reached a high of $28,422 per unit on Sunday at around 3 p.m. Eastern Time as the leading cryptocurrency has continued to rise during the last week. Since last Sunday, bitcoin has increased in value by 37.9% against the U.S. dollar, and the cryptocurrency’s overall market...
Euler Finance hacker sends 100 ETH to red-flagged North Korean address
19.3.2023
While Chainalysis suspected the involvement of North Korea in the Euler Finance hack, they highlighted the possibility of misdirection by other hackers
Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil
19.3.2023
A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social value. Belgium’s Ex-Finance Minister Suggests Ban...
Euler Finance hacker starts returning stolen Ether back to the Foundation
18.3.2023
Chances that the hacker will return the entire loot of $197 million remain slim as no more outbound transactions — other than the 3,000 ETH — were recorded at the time of writing
Russian Parliament Votes on Bill Opening Door for Digital Ruble
18.3.2023
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian...
Polygon Partners With Salesforce for NFT-Based Loyalty Program
17.3.2023
Salesforce partnership with the blockchain platform marks another major company’s investment into customer engagement initiatives using Web3 technologies
FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy
17.3.2023
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers
DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
17.3.2023
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC based protocol in February
‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister
17.3.2023
Members of the European Parliament have been discussing the impact of the failure of Silicon Valley Bank, Signature Bank and Silvergate Bank on markets in their jurisdictions
Coinbase Is Weighing Setting Up Non-U.S. Trading Platform: Bloomberg
17.3.2023
U.S.-based crypto exchange Coinbase is considering setting up a crypto-trading platform overseas and is discussing the move with institutional clients, Bloomberg reported, citing people familiar with the plans
Crypto Derivatives Protocol Volmex Finance's Bitcoin and Ether Volatility Charts Now Live on TradingView
17.3.2023
Integration with TradingView promises global exposure to Volmex's implied volatility indices for bitcoin and ether
Silicon Valley Bank's Parent Company Files for Bankruptcy
17.3.2023
The company said Friday it had filed for court-supervised reorganization in the United States Bankruptcy Court for the Southern District of New York to preserve value
On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg
17.3.2023
Trading firms were quick to jump on the USDC long trade over the weekend as the stablecoin slumped to $0.88 amid banking concerns in the U.S
Former Belgian Finance Minister Calls for Crypto Ban in Wake of Banking Crisis
17.3.2023
Johan van Overtveldt, economic spokesperson for the right-wing ECR political party in the European Parliament, compared crypto to drugs
Euler Finance hacked despite 10 audits in 2 years, says CEO
17.3.2023
Euler Labs CEO Michael Bentley stated he will “never forgive” the hacker as the exploit caused him to lose time with his newborn son
Wallet Tied to Euler Exploit Sends 100 Ether to Lazarus Group
17.3.2023
The Lazarus Group was behind the $625 million exploit of Axie Infinity’s Ronin network in March 2022
European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks
17.3.2023
Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, stocks of Europe’s largest...
Playboy Lost $4.9M on Ethereum It Accepted as NFT Payments
16.3.2023
The company’s net carrying value of digital assets was $327k as of last year