Author: Chris Smith
US Authorities May Close Another Bank Serving Crypto Companies
Reading Time: < 1 minuteCross River Bank is listed as one of the lending institutions that serve crypto companies, such as Coinbase and Circle, the issuer of USDC.
Cryptos Will Outperform Other Assets Amid Banking Crisis: Opinion
Reading Time: < 1 minuteRaoul Pal, a former top manager of Goldman Sachs and macro investor, has predicted that cryptocurrencies will outperform other asset classes.
Uniswap Launches Solutions to Reduce Protocol’s Overhead
Reading Time: < 1 minuteA new Permit2 approval mechanism has been developed by the Uniswap decentralized exchange team to enable smart contracts to transfer tokens on behalf of users.
Circle CEO Attributes Decreasing USDC Market Cap to US Crackdown on Crypto
Reading Time: < 1 minuteJeremy Allaire, CEO of Circle, has stated that the recent regulatory crackdown by the United States has had an effect on the market capitalization of its stablecoin, USD Coin.
CoinGecko Compiles List of Popular Web3 Games of the Year
Reading Time: < 1 minuteCoinGecko has reported that as of 2023, four of the most popular Web3 games are Alien Worlds, Splinterlands, Farmers World, and Planet IX, each having over 35,000 unique active wallets (UAWs) interacting daily.
Coinbase CEO Brian Armstrong Joins NFT Initiative Stand with Crypto
Reading Time: < 1 minuteCoinbase CEO Brian Armstrong has released NFTs as part of the Stand with Crypto project.
Arbitrum Starts Distribution of Tokens Among DAOs
Reading Time: < 1 minuteThe Arbitrum second-tier solution development team has distributed governance tokens among 125 decentralized autonomous organizations (DAOs).
Bitfarms Will Increase its Bitcoin Mining Capacity in Argentina to 100 MW
Reading Time: < 1 minuteBitfarms has been granted the necessary permits to ramp up the power consumption of its Rio Cuarto (Argentina) facility to 100 MW.
Korea Blockchain Week Will Return This Year Following Success of 2022’s Edition
Reading Time: < 1 minuteKorea Blockchain Week has announced it is returning for 2023 following the success of last year’s edition.
Hedge Fund Founders 3AC Unveil Name of Main Investors in New Project
Reading Time: < 1 minuteThe co-founders of the now-bankrupt 3AC hedge fund, Su Zhu and Kyle Davies, have announced the list of top investors in their new cryptocurrency exchange, OPNX.
ECB Vice President Luis de Guindos: The ECB Will Not Be Returning to Forward Guidance Policy for a While
Reading Time: < 1 minuteIt is unlikely the European Central Bank will resume providing insight into their future policy decisions due to the current uncertain outlook.
User Turns $260 Into $2M Thanks to PEPE Token
Reading Time: < 1 minuteUser dimethyltryptamine.eth earned over $2 million in less than a week by buying the PEPE meme token.
Deutsche Bank to Downsize its Workforce
Reading Time: < 1 minuteDeutsche Bank plans to reduce its executive board from 10 to nine members and cut some jobs in infrastructure and private banking in order to save costs.
US Crypto Exchange Kraken Gets Licensed in Ireland
Reading Time: < 1 minuteKraken, a US-based cryptocurrency exchange, has completed registration of its subsidiary Payward Europe Solutions with the Central Bank of Ireland as a Virtual Asset Services Provider (VASP).
Coinbase CEO: The Exchange Might Leave the US
Reading Time: < 1 minuteThe CEO of Coinbase has expressed concern that the lack of regulatory clarity in the US could lead the company to consider withdrawing from the market.
Unchained Attracts $60M
Reading Time: < 1 minuteUnchained, a company focused on Bitcoin, has raised $60 million in a Series B funding round.
Kyber Network Urges to Withdraw Funds Due to a Vulnerability
Reading Time: < 1 minuteKyber Network has advised liquidity providers to withdraw funds from their Elastic product after a potential vulnerability was discovered.
Binance Updates the Deposit Addresses of Some of its Users
Reading Time: < 1 minuteBinance has updated the deposit addresses for some of its users in order to enhance security. Affected customers will be notified by email of the necessary changes.
Institutional Shareholder Services Recommends Barclays Investors Re-elect All Board Members
Reading Time: < 1 minuteISS has recommended that Barclays investors re-elect all board members at its annual meeting in May, despite questions surrounding the board’s decision to support former CEO Jes Staley between 2019-2021.
Major Crypto Exchanges Announce Listing of SUI Token
Reading Time: < 1 minuteKuCoin will launch on April 22 a token sale using a subscription mechanism.
ConsenSys Experiences Incident with Third-party Service Provider
Reading Time: < 1 minute
A recent blog post from ConsenSys has reported a cybersecurity incident involving a third-party service provider that provides customer support services.
Crypto Miner Riot Says NYT Article About Mining is Politically Motivated
Reading Time: < 1 minuteRiot has denounced The New York Times (NYT) Bitcoin mining article, “The Real Costs of the Bitcoin Digital Race,” as “full of distortions and outright lies.”
Swiss Parliament Rejects Credit Suisse’s Rescue Package
Reading Time: < 1 minuteSwitzerland’s parliament rejected on Wednesday the government’s proposed 109 billion Swiss francs ($120.82 billion) aid package for the merger of Credit Suisse and UBS.
Bitfinex Becomes First Exchange to Receive Trading License in El Salvador
Reading Time: < 1 minuteBitfinex Securities El Salvador received on April 11 a service provider license from the National Commission for Digital Assets of El Salvador.
US Treasury Secretary Janet Yellen Calls on World Bank to Undertake Additional Reforms
Reading Time: < 1 minuteTreasury Secretary Janet Yellen will call today for the World Bank to make further reforms this year.
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