Reading Time: 2 minutesTwo U.S senators have asked Meta’s CEO to block teenagers from accessing Horizon Worlds The lawmakers fear that the metaverse platform will contribute to teenagers having suicidal thoughts In a letter, the senators noted that the digital world is “rife with potential harms” Two United States lawmakers have written to Meta’s CEO […]

The crypto bank’s shares dropped by 59% in the previous five days. Silvergate delayed the submission of its annual 10K financial report this week. On March 3, Silvergate, a cryptocurrency bank, stated that it will be closing down its digital asset payment network, citing a “risk-based decision” as the reason for the move. This action […]

Both Cardano (ADA) and Orbeon Protocol (ORBN) have recently seen price spikes in their tokens, with the former attracting whales and having over 5000 smart contracts now deployed on the network, and the latter attracting over 5000 holders to date and smashing development milestones and targets.  However, whilst Cardano (ADA) is currently on a negative […]

Many crypto exchanges have severed connections with Silvergate Bank. Users of Bybit may no longer make new deposits in US dollars. Bybit, one of the leading cryptocurrency exchanges, said on Saturday that it has temporarily suspended bank transfers of US Dollars. The exchange blamed interruptions in service from its banking partner but did not specify […]

The crypto market is buzzing with anticipation for Ethereum’s upcoming Shanghai upgrade set for April 2021. This much-awaited upgrade, the latest major development after last year’s Merge, will allow users to unlock and withdraw from staking contracts, leading many to suspect the potential for a new overhang in ETH’s price. But, according to digital asset […]

Chatcasso won the first prize in the BNB Chain hackathon for creating an AI-powered tool for creating NFTs and won $5,000 in BUSD, held in Seoul between Dec. 17 to 19, 2022.

Australia and New Zealand (ANZ) bank and the Commonwealth Bank will handle nature-based asset trading of the CBDC pilot, while the Australian Bond Exchange will handle corporate bond settlements. […] Read More… The post Reserve Bank of Australia explores CBDC use cases as it plans ‘live pilot’ appeared first on CoinGeek.

Reading Time: < 1 minute This week’s Web 3.0 woundup sees Yuga Labs join the rush to Bitcoin, the Dookey Dash winner sell his prize for $1.63 million, and Binance’s AI NFT tool Bicasso go mint crazy! Don’t forget to collect $200 as you pass go. Yuga Labs Joins Bitcoin NFT Bandwagon Bored Ape creator […]

Monetary policy for cryptocurrencies is a game-changer — with fixed supplies and decentralized control, they challenge traditional monetary policy tools.

Tether’s USDT swap from Tron to Ethereum may be part of a collaboration to boost liquidity. Tether noted that the large transfer will not lead to an increase in the supply of USDT in circulation. Tether recently announced plans for a major cross-chain swap that would transfer 1.6 billion USDT from the Tron network to […]