32,000 Voyager customers may be on the hook for bankruptcy clawbacks
32,000 Voyager customers may be on the hook for bankruptcy clawbacksTrustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy.Happy ThursdayThe global crypto market cap is $1.06 trillion with a 24-hour volume of $43.56 billion. The price of Bitcoin is $23,268.77 and BTC market dominance is 42.4%. The price of Ethereum is $1,624.78 and ETH market dominance is 18.8%. The best performing cryptoasset sector is Move-to-Earn, which gained 6%. Latest News32,000 Voyager customers may be on the hook for bankruptcy clawbacksTrustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy. Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding ruleGensler calls for new rules to prevent crypto exchages from acting as custodians. Australian central bank launches project to explore CBDC use casesThe Reserve Bank of Australia intends to analyze 14 different CBDC use cases in collaboration with multiple banks and the Digital Finance Cooperative Research Centre. Startup Redeem raises $2.5M to bring NFTs directly to mobile phone numbersRedeem founder Toby Rush told CryptoSlate that the future of Web3 will be built on blockchain agnostic frameworks. Aaron Sage deems BLUR ‘the worst thing to happen’ in NFT space; others disagreeBLUR has achieved a 55% market share by focusing on NFT traders looking to make profits. Spain has highest number of properties available to buy via cryptoThailand and Portugal rank second and third globally by offering 227 and 130 properties, respectively. Banks’ direct exposure to crypto less than 1% of total – BIS reportCompared to the end of June 2021, banks' crypto-assets under custody fell 66%, while their prudential exposure to crypto-assets grew 30%. Record-high digital asset investments in February 2023: CryptoCompare’s Monthly ReviewBTC-based products saw a rise of 6.06%, bringing the total AUM to $20.0 billion, while ETH-based products saw a 1.72% increase. Silvergate shares tank 46% after Coinbase severed payment partnershipCoinbase has dropped Silvergate as its payment partner; urges Prime users to update their payment instructions to Signature Bank. IOST partnership with Amazon web pushes native token higherThe new partnership will see IOST integrate AWS 3.0 solutions into its ecosystem which would improve its Web3, Metaverse, DeFi, and NFT offerings. Ethereum launches ERC-4337 “smart accounts”The upgrade allows for account recovery, group-access wallets, and more. Arbitrum-based DEX ArbiSwap rugs users days after launch – token down 99%Based on on-chain data, the Arbi rug pullers stole roughly 84 ETH from the project and already moved it to Tornado Cash. |
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Former Biden adviser urges development of digital dollar to ‘crowd out’ private crypto
Wednesday, March 1, 2023
Daleep Singh told the senate banking committee that developing a CBDC is the best way to combat sanction evasion and financial crimes via private crypto.
Visa, Mastercard to push back on crypto-related services
Tuesday, February 28, 2023
Visa and Mastercard have moved to suspend the launch of crypto-related services until market conditions and the regulatory environment improve.
Coinbase survey indicates 20% of Americans own crypto
Monday, February 27, 2023
Crypto ownership is highest among younger Americans — 36% of Gen Z and 30% of Millennials reportedly owning crypto assets.
Huobi and KuCoin serve customers of sanctioned Russian banks: Politco
Saturday, February 25, 2023
Binance and ByBit may also have insufficient compliance policies.
Former SEC chief warns against using emojis for investment advice
Friday, February 24, 2023
US court ruled that using emojis relating to rocket ships, stock charts, and money bags could be classified as investment advice.
Former Coinbase CTO urges ‘get to Bitcoin’ before CBDC digital lockdown
Wednesday, March 22, 2023
Balaji Srinivasan warns of impending financial tyranny under CBDC system, advocates for Bitcoin as a solution.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 12, 16/03/2023 - 22/03/2023)
Wednesday, March 22, 2023
Ethereum's Shanghai hard fork scheduled for 12 April. Arbitrum Foundation launches its new ARB token and transitions to a DAO. MakerDAO votes in favour of increasing US Treasury funds to US$1.25B.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 12, 16/03/2023 - 22/03/2023)
Wednesday, March 22, 2023
Ethereum's Shanghai hard fork scheduled for 12 April. Arbitrum Foundation launches its new ARB token and transitions to a DAO. MakerDAO votes in favour of increasing US Treasury funds to US$1.25B.
Raindance, Polygon & Salesforce, and the FDIC | Decentralized Arts
Tuesday, March 21, 2023
Dear Bankless Nation, We're running a little light this week: our primary contributor, kaf, is on holiday. One potential benefit to working in web3 is the freedom to take time off as needed or
Bitcoin long-term holders locking in profits could lead to BTC price pullback
Tuesday, March 21, 2023
Long-term holders are selling their Bitcoin, racing to lock in profits for the first time since May 2022 as Bitcoin surges past $28000.
BNBChain Socialfi Hackathon First Prize: Oasis Origin Connect GPT4 to create AI individual
Tuesday, March 21, 2023
Author: @0xMavWisdom The CyberConnect and BNB Chain Web3 Social Hackathon recently announced the final 23 winning teams, with Oasis Origin, a metaverse social app based on the CyberConnect ecosystem,
Coin Metrics’ State of the Network: Issue 199
Tuesday, March 21, 2023
Tuesday, March 21st, 2023
Bitcoin spikes to 9-month high as central banks increase liquidity to mitigate banking crisis
Monday, March 20, 2023
BTC is now up more than 28% over the past week and the best performing cryptocurrency out of the top 10 by market cap.
After Bitcoin’s Breakout, Will $30K or C....🙊
Monday, March 20, 2023
March 20, 2023 With the new day comes new strength and new thoughts. -Eleanor Roosevelt Market Bitcoin $28287.00 +3.34% Live Prices Ethereum $1786.95 -0.25% Live Prices Tether $1.01 +0.06% Live Prices
Global Crypto Mining News (Mar 13 to Mar 19)
Monday, March 20, 2023
1. An independent bitcoin miner who set up a separate pool using the Solo CK Pool mining service received a reward of 6.25 BTC and a fee bonus of approximately 0.63 BTC, with an average hashrate of 6.7