Major networks continue to expand and ink strategic deals to help broaden and gain greater adoption in the market. Although the ecosystem continues to grow, volatility has remained low with investors taking a cautious approach to invest in the market. In our weekly CNF brief, we take a look at some of the biggest headlines […]
Silvergate Issues Continue: Bank Closes Its Crypto Payments Network
Silvergate Capital Corporation was once among the most preferred banking institutions for cryptocurrency business, but the entity has faced numerous issues in the past few weeks. The latest saw the bank closing its crypto payment service called the Silvergate Exchange Network. “Effective immediately Silvergate Bank has made a risk-based decision to discontinue the Silvergate Exchange […]
Avalanche’s [AVAX] key metrics can decline further- Here’s why
Avalanche’s TVL and market capitalization declined over the last week. A few metrics were positive but market indicators supported the bears. AVAX Daily, a popular Twitter handle that posts updates related to the Avalanche [AVAX] blockchain, recently published the network’s weekly report. The tweet stated that AVAX’s market capitalization registered a double-digit decline of 13% […]
Voyager Digital dumps 1,449 ETH as the SEC opposes the $1b Binance US takeover deal
On Mar. 4, Voyager Digital, the bankrupt crypto broker, sold 1,449 ethereum (ETH) via Wintermute, a crypto market maker and a proprietary trading platform, and received 2.25m USDC, a stablecoin.
Russian Blogger Loses $248,000 in Bitcoin Robbery in Bali
A Russian blogger is counting heavy losses after a robbery incident in Bali that saw him lose nearly a quarter of a million dollars in Bitcoin. Earlier this week, Yuri Boytsov recounted the incident on Insta stories alleging that the perpetrators entered his Villa in Bali on Feb. 25 under the guise of being police […]
Report: North Korea Stole More Crypto in 2022 Than in Any Other Year
A new report unveiled by the United Nations in early February shows that North Korea stole more crypto in 2022 than it has in any other year. North Korea Has Stolen a Lotta Crypto North Korea has long sought to get its hands on illicit crypto and launder it so it can be used to […]
XRP Lawsuit To Conclude In 2023 – Can Avorak AI Help Ripple Holders Trade The News?
The post XRP Lawsuit To Conclude In 2023 – Can Avorak AI Help Ripple Holders Trade The News? appeared first on Coinpedia Fintech News Ripple holders and the Crypto world are holding their breath in what could be a landmark ruling as the XRP lawsuit looks set to come to closure in 2023. As Avorak […]
Silvergate terminates crypto payments network as shares plunge to record low
Crypto bank Silvergate has discontinued its digital assets’ payment network because it is a “risk-based decision.”
BNB sides with bulls as Binance adopts safety measures to combat DeFi hacks
A Joint Anti-Scam Campaign was launched by Binance to combat crypto-related scams. High-profile hacks have eroded customers’ confidence in centralized exchanges. The world’s largest cryptocurrency exchange, Binance was at the center of a sensational $570 million hack in October last year. Hackers exploited a bug in the BNB chain’s smart contract and transferred about 2 […]
Sony Network Communications and Astar Network’s Joint Web3 Incubation Program Receives Over 150 Registrations
Tokyo, Japan, 5th March, 2023, Chainwire More participants expected before the registrations close at 11:59 PM Pacific Time on Monday, March 6th The participating startups will be mentored by senior executives at Sony, Astar Network, Microsoft, AWS, Dragonfly, and Blockdaemon Astar Network, the smart contract platform for multichain, is thrilled to announce that the Web3 […]