Ripple CEO says SEC has no infrastructure for registered tokens
Ripple CEO says SEC has no infrastructure for registered tokensRipple CEO Brad Garlinghouse said the US crypto industry need to rebuild trust by enabling more transparency and creating utility.
Happy WednesdayThe global crypto market cap is $1.01 trillion with a 24-hour volume of $44.25 billion. The price of Bitcoin is $22,103.13 and BTC market dominance is 42.3%. The price of Ethereum is $1,557.27 and ETH market dominance is 18.8%. The best performing cryptoasset sector is Yield Farming, which gained 4%.
Latest NewsRipple CEO says SEC has no infrastructure for registered tokens
Ripple CEO Brad Garlinghouse said the US crypto industry need to rebuild trust by enabling more transparency and creating utility. Cardano’s DeFi ADA tokens TVL touches new all-time high of 341MThe positive growths in Cardano's DeFi and NFTs ecosystems have not translated into a positive price performance for the ADA token. MakerDAO faces criticism over tokenomics plan amidst high-stakes US treasury investment strategyThe new plan proposes an increase to $1.25 Billion in US treasury bond investments, more than twice its current holdings. Senator Lummis questions government’s role in regulating energy use in crypto miningThe hearing was held in response to the Crypto-Asset Environmental Transparency Act introduced in December. 3AC founders are back with OPNX exchange’s tokenized bankruptcy claimsThe crypto community voiced skepticim over Kyle Davis and Su Zhu's plans to tokenize bankruptcy claims. XRP leads top 10 for second successive day: CryptoSlate Daily wMarket UpdateThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. U.S. agency moves over 9k BTC to Coinbase: GlassnodeGlassnode reported that the US law enforcement agency moved over 40,000 Bitcoin during the early hours of March 8. Despite 82% drop in quarterly revenue, Bitcoin mining hardware manufacturer Canaan remains optimisticThe Chinese manufacturer of application-specific integrated circuit (ASIC) mining machines reported a 82% drop in revenue in Q4 2022. Jack Dorsey’s payments company Block seeks input on mining kitBlock Inc., formerly Square, is asking users what features they want to see. Failing bank Silvergate and FDIC are discussing recovery plansSilvergate could seek investments from others in the crypto industry.
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Algorand blasted over inaction on ongoing wallet drain hack
Tuesday, March 7, 2023
Algorand Foundation responds to wallet hack, urging users to switch to more secure wallet options.
Stablecoins inflow to Ethereum L2s rise 5% to over $2B
Monday, March 6, 2023
In February, Arbitrum's stablecoin inflow averaged over $10 million per day as the network saw a total influx of around $300 million.
MacroSlate: Inflation, interest rate hikes continue to wreak havoc across the US, EU and UK
Saturday, March 4, 2023
The mantra across central banks is 'higher for longer' as the US money market swaps price at a peak rate of 5.5%.
Crypto market cap drops $51 billion as Silvergate crisis deepens
Friday, March 3, 2023
Top cryptocurrencies see losses as Silvergate uncertainty spooks the market.
32,000 Voyager customers may be on the hook for bankruptcy clawbacks
Thursday, March 2, 2023
Trustees of the Voyager estate may go after customers who withdrew funds up to 90 days before the platform filed for bankruptcy.
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