In a world increasingly ruled by technology, the security of our digital assets has become one of the top concerns for many organizations. Recently, a white hat hacker breached the Ethereum-based decentralized finance (DeFi) protocol Tender.fi and managed to extract around $1.59 million worth of assets before returning them. Tender.fi noticed the incident when it […]
Judge Clears Binance.US Acquisition of Voyager Digital in Blockbuster $1 Billion Deal Despite Regulators’ Objections
The crypto world was abuzz on Tuesday, as a court ruling cleared the path for Binance.US’s $1 billion acquisition of the assets of Voyager Digital, despite objections from US regulators. Judge Michael Wiles from the US Bankruptcy Court for the Southern District of New York, who presided over the lengthy hearing, overruled several objections and […]
Crypto community reacts to NYAG’s lawsuit: Is Ethereum really a security?
Neeraj Agrawal, the Director of Communications at Coin Center, disagreed with the New York Attorney General’s (NYAG) recent assessment of Ethereum as a security. “Coin Center will be monitoring the case and if there’s an opportunity to weigh in, we will.” In support of this view, Agrawal linked a 2018 article arguing that there is […]
LBank Interviews youngest Web3 builder at ETHDenver
12-year-old Jared Qin was the youngest blockchain developer to participate in ETHDenver’s BUIDLathon. On March 4, an attending delegation of global crypto exchange LBank enjoyed the privilege of spending some time with the talented youngster. Donned in freshly gifted LBank swagger, the teenager takes a seat in one of the podcast recording booths at ETHDenver […]
Bitcoin Braces for Painful Run as Fed Hikes Rate Expectations: Will Crypto Hold Its Trading Range Amid Volatility?
The crypto market is in for a turbulent ride as the Federal Reserve chair Jerome Powell continues to raise inflation and interest rate concerns. Bitcoin (BTC) prices have dropped from a recent high at $23,627 to $23,600 as of press time, Ether (ETH) is trading at $1,635 and most other major cryptos have stayed in […]
Taproot Tapdance: Bitcoin Broadens Its Reach With Rollkit’s Rollup Solutions
Rollkit, a modular framework for rollups, successfully launched its scalability solution on March 5, 2023. This solution brings the storage of rollup information developed for Ethereum to the Bitcoin network. This integration could help optimize the free space of Bitcoin blocks and expand the capabilities of the network. Rollups are a way to compress or […]
Is SVB to big to fail? Will it get rescued? Bill Ackman already calling for bail-outs
Quick Take A short timeline on what has happened to Silicon Valley Bank (SVB) and whether there is more contagion coming: SVB saw its deposits explode during the bubble of 2020, from $62 bn at the end of 2019 to $189 bn at the end of 2021. Due to 0% short-end rates, these firms went […]
Meta working on text-based decentralized social network codenamed P92
Meta is reportedly building a decentralized, text-based social network that supports ActivityPub, the decentralized social networking protocol that powers Twitter-rival Mastodon.
Animoca Brands team up with Planet Hollywood to launch CLUB 3
Animoca Brands, along with Planet Hollywood, will soon be launching their much-coveted CLUB 3. This will be a private club in the real world, which will offer an entirely conducive environment for the Web3 community. It will be for members only and serve the purpose of playing the role of a conducive meeting area for […]
Mike McGlone Says Ongoing SEC Feud May Lead to a New Milestone for Bitcoin
The post Mike McGlone Says Ongoing SEC Feud May Lead to a New Milestone for Bitcoin appeared first on Coinpedia Fintech News Another perspective on the current trend in the cryptocurrency market was highlighted by Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence, who said that the ongoing legal battle with the U.S. Securities and […]