Bluesky, a decentralized social media app tied to Twitter’s pre-Elon Musk leadership, has gone live on Apple’s App Store as of March 1. Former Twitter CEO Jack Dorsey first announced the Bluesky project in 2019. A former Zcash contributor, Jay Graber joined the project as CEO in 2021. Though anyone can download the app, Bluesky […]
Hodlnaut founders propose selling the firm instead of liquidation
Despite Hodlnaut creditors insisting on the firm’s liquidation, the founders keep trying to save the business and sell it to potential investors.
Conflux Network’s $10M funding round propels CFX token rise
Conflux Network’s CFX token rose 9% to as high as $0.24 in the last 24 hours, according to CryptoSlate’s data. CFX’s value had retraced to $0.22820 at the time of writing. Developers of the blockchain network said it raised $10 million from DWF labs. According to a March 1 statement, the funds would be used […]
Solana’s Chief Exec Unveils Plan to Improve Network Upgrades After 20-Hour Outage
Solana attracted severe backlash from the community after it went down for almost 20 hours following a network upgrade. The team behind the blockchain stated that the outage was fixed on the second attempt. Anatoly Yakovenko, the CEO of Solana Labs, however, stated that the platform plans on improving network upgrades. Improving Network Upgrades Before […]
G20 To Establish Standards For Global Crypto Regulatory Framework
The Financial Stability Board, IMF, and BIS will propose worldwide crypto regulations. (Read More)
FATF Releases Action Plan to Improve Implementation of Global Standards on Crypto
Over 200 governments agreed to tighten the “application of FATF Standards on virtual assets and virtual asset service providers”. (Read More)
Citizens Trust Bank Holds $65 Million in USD Coin reserves
Citizens Trust stated the USDC reserves would support financial literacy and small business funding. (Read More)
The IMF Releases a Report on Jordan Preparations for a Central Bank
The IMF published a technical analysis on Jordan’s retail central bank digital currency. (Read More)
Lawyers for SBF time to discuss additional bail conditions
Sam Bankman-lawyers Fried’s requested extra time to negotiate bail terms and identify a technical expert. (Read More)
France Moves Ahead With Tighter Crypto Rules for New Entrants
New entrants to the French market will face stricter regulations, but existing players will have more time to comply.