Under a newly rolled out Ethereum standard, DApps and NFTs can be accessed by internet users without the worry of centralized censorship.
Stellar Lumens paves the way for seamless cross-chain transactions with newly built bridge linking Polkadot and Kusama Networks – Report
The Spacewalk bridge is already live on Polkadot’s canary network Kusama and will go live on Polkadot’s mainnet in two-three weeks. This bridge between Stellar and Polkadot seeks to connect fiat currencies and stablecoins. Stellar, the cryptocurrency payments specialist recently introduced its newly built Spacewalk bridge connecting the blockchain to Polkadot and its sister platform […]
BinaryX Releases Trailer and Opens Beta Test For Futuristic Space Game Project Matthew
Singapore, Singapore, 13th March, 2023, Chainwire BinaryX announced today the upcoming release of a space-building simulation game, Project Matthew. The team just released the trailer video which gives a first look at the game, and is also opening registration for their Closed Beta Test happening soon. Introducing Project Matthew: The Exciting New Space-Building GameProject Matthew […]
Cybersecurity Firm Halborn Warns of Zero-Day Vulnerabilities in Over 280 Blockchain Networks
Cybersecurity firm Halborn has warned of a vulnerability called “Rab13s” that could put over 280 blockchain networks at risk of zero-day exploits, potentially exposing at least $25 billion worth of crypto. The most critical vulnerability could allow an attacker to send malicious consensus messages to individual nodes, causing each to shut down and potentially enabling […]
Depegging of USDC and DAI Saves Borrowers $100 Million
The depegging of USD Coin (USDC) and Dai (DAI) from the US dollar resulted in more than $2 billion in loan repayments on decentralized lending protocols Aave and Compound, with borrowers saving a total of over $100 million. USDC and DAI started heading back toward their peg, and repayment activity tapered off in the following […]
Bitcoin’s Market Cap Surpasses Meta’s Despite Turbulent Week for Crypto
Bitcoin’s market cap has surpassed that of tech giant Meta, despite a turbulent week for the crypto market following the downfall of Silicon Valley Bank and Signature Bank. Bitcoin’s market cap has risen 9.7% in the past 24 hours, sitting at $471.86 billion and ranking it 11th among top assets by market cap. (Read More)
Overnight collapse of two traditional banks triggers chaos
The collapse of Silicon Valley Bank and Signature Bank caused major chaos, resulting in stablecoins depegging from the U.S. dollar. The federal government has taken action to protect depositors, and President Joe Biden has vowed to hold those responsible accountable. (Read More)
XRP Price May Reach This Level Next 2 Months! Right Time To Stack More?
The post XRP Price May Reach This Level Next 2 Months! Right Time To Stack More? appeared first on Coinpedia Fintech News While the crypto space spike as the US banks collapsed, XRP maintained a stagnant trend without undergoing a massive surge. Therefore, now that the majority of the cryptos are consolidated XRP price continues […]
Circle “Able to Access” $3.3 Billion in Silicon Valley Bank
Reading Time: 2 minutesCircle has been able to access the $3.3 billion it holds in Silicon Valley Bank, according to CEO Jeremy Allaire Allaire told Bloomberg that almost all the funds had been moved to another bank While Circle’s USDC coin has re-pegged to the dollar, its market cap is down some 10% Circle CEO […]
Signature Bank Was Under Criminal Investigation Before Its Collapse: Report
Crypto-friendly Signature Bank was under criminal investigation by U.S. authorities over its anti-money laundering practices before its sudden collapse over the weekend, Bloomberg reported Wednesday, citing people familiar with the matter. According to the report, investigators from the Department of Justice (DOJ) in Washington and Manhattan and people from the Securities and Exchange Commission (SEC) […]