Fox has renewed the animated comedy series, Krapopolis, for a third season before its first season even airs. Produced by Fox Corp’s NFT firm Blockchain Creative Labs, the show features NFTs called “Krap Chickens” that depict cartoon chicken avatars in the same art style as the show, and holders are given exclusive access to experiences, […]
India tests offline functionality of digital rupee
The Reserve Bank of India is testing the offline functionality of its recently launched digital rupee, which has completed 800,000 transactions worth $134 million since its wholesale segment pilot launched on Nov. 1, 2022. (Read More)
TBD’s Block Launches c= to Enhance Bitcoin Lightning Network
TBD, a division of Block, has launched c=, a venture aimed at improving the Bitcoin Lightning Network by providing added liquidity and routing services. The Lightning Network is a layer 2 payment network designed to make Bitcoin more accessible through faster, cheaper, and more reliable transactions. (Read More)
US proposes new bail conditions for former FTX CEO
The US Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried, which include communication restrictions and monitoring of his online activity. The proposal also requests that temporary bail conditions recently imposed should be made permanent. Bankman-Fried’s $250 million bail has been under scrutiny since he was found to have contacted […]
Bybit suspends USD bank transfers amid service outages
Dubai-based crypto exchange Bybit has temporarily suspended USD deposits via bank transfers due to “service outages from a partner.” Users can still withdraw funds through wire transfers until March 10, but are encouraged to do so as soon as possible to avoid potential disruptions. Bybit has exposure to the bankrupt crypto lender Genesis Global Trading […]
Binance CEO denies FBI “shot” rumor
Binance CEO Changpeng “CZ” Zhao has denied rumors that he was “shot” by the FBI, which were “spread widely” on a Chinese messaging platform. CZ took the opportunity to reiterate the close working relationship between Binance and the FBI, and emphasized the importance of ignoring fake news and distractions. (Read More)
Bitcoin Poised to Roll Over as Narratives Build Up
Reading Time: 2 minutesBitcoin looks poised to revisit the $21,000 region as various narratives combine to drive it down It has already started the week back in the middle of a seven-month range U.S. economic data and FUD over MtGox payouts are two narratives that could usher in a bloody March Bitcoin looks poised to […]
Ripple CEO Warns SEC’s “Enforcement” Approach May Hurt US Crypto Industry
Ripple CEO, Brad Garlinghouse, has suggested that the US Securities and Exchange Commission’s (SEC) approach to regulation is putting the US at risk of missing out on being an attractive hub for the next evolution of blockchain and crypto innovation. Garlinghouse noted that the SEC’s case against Ripple is the SEC simply playing “offense” and […]
Battle of V3s: PancakeSwap and Uniswap to compete on BNB Chain
PancakeSwap has announced the launch of its V3 upgrade on BNB Chain in the first week of April. The fiat value of the protocol’s transaction volume and its TVL have decreased in the last month. BNB Chain’s leading decentralized finance (DeFi) protocol PancakeSwap [CAKE], has announced that it will be launching its third iteration in […]
SingularityNET (AGIX), Aptos (APT), and TMS Network (TMSN) Kick Off March With a Bang
The crypto market is buzzing with activity. January was good, but February was better. And keeping in line with the trend, March has opened on a high for the cryptocurrency market. SingularityNET, Aptos, and the TMS Network started the month with a big splash. So, what’s so good about these cryptocurrencies? SingularityNET (AGIX) SingularityNET is […]