Author: Chris Smith
Polygon Co-founder to Launch Project Based on Avail Protocol
Reading Time: < 1 minuteThe Chief Product Officer of Polygon Labs has decided to step down and create a separate project based on the Avail scaling solution.
USDT Doubles USDC’s Market Capitalization
Reading Time: < 1 minuteTether’s USDT market capitalization currently stands at $74.7 billion, almost double that of Circle’s USDC stablecoin capitalization of $37.6 billion.
Lido Finance Will Open stETH Redemption in mid-May 2023
Reading Time: < 1 minuteLido Finance has announced that the redemption of the original cryptocurrency is set to be available on their liquid staking platform in mid-May 2023.
Ripple Launches Testnet of its EVM-compatible Sidechain
Reading Time: < 1 minuteThe Ripple team has recently announced the launch of a testnet for their EVM-compatible sidechain XRP Ledger, which boasts a throughput of 1000 TPS.
MetaMask Fixes Privacy Issue Affecting Account Merging
Reading Time: < 1 minuteThe developers of MetaMask have recently released an update that eliminates the automatic merging of all accounts when a non-custodial wallet interacts with dApps.
BitMEX Resumes Trading After a Temporary Crash
Reading Time: < 1 minuteCryptocurrency exchange BitMEX yesterday experienced a technical issue which led to a suspension of trading.
Crypto Exchange Gemini Says It Does Not Have Any Business Relationship with Signature Bank
Reading Time: < 1 minuteCryptocurrency exchange Gemini has announced that all customer funds are secure and held solely in JPMorgan, Goldman Sachs and State Street Bank.
OpenSea Removes Vulnerability Affecting Users
Reading Time: < 1 minuteImperva specialists have recently discovered a vulnerability in the NFT marketplace OpenSea that could have exposed user data.
Gate.io Releases a Visa Cryptocurrency Card
Reading Time: < 1 minuteGate Group, the parent organization of cryptocurrency exchange Gate.io, has announced the launch of a Visa-branded cryptocurrency debit card for customers in Europe.
ARK Invest Spends $20M to Buy Coinbase Shares
Reading Time: < 1 minuteARK Invest has purchased 301,437 shares of Coinbase for approximately $20 million while the ARK Next Generation Internet ETF (ARKW) has purchased 52,525 shares.
Messi’s Company Invests in a Web3 Startup
Reading Time: < 1 minuteMatchday, a football web3 startup, has raised $21 million in seed funding from venture capital companies such as Play Time, owned by Lionel Messi, and others.
Binance’s NFT Marketplace Adds Support for Polygon
Reading Time: < 1 minuteThe NFT marketplace of crypto exchange Binance has recently integrated selected ERC-721 collections into the Polygon network.
Vitalik Buterin Gets Rid of $700,000 in Tokens
Reading Time: < 1 minuteVitalik Buterin, co-founder of Ethereum, has sold approximately $700,000 worth of tokens he had received through airdrops for ETH.
Uranium Finance Hacker Sends $3.3M to Tornado Cash
Reading Time: < 1 minuteOn March 7, the address associated with the Uranium Finance hack that had been inactive for 647 days suddenly moved 2,250 ETH or $3.35 million to cryptocurrency mixer Tornado Cash.
Rollkit Project Introduces Infrastructure for Deploying Rollups in BTC
Reading Time: < 1 minuteThe Rollkit team has developed a modular framework to enable sovereign rollups on the Bitcoin blockchain.
US Exchange Kraken Will Launch its Own Bank
Reading Time: < 1 minuteKraken’s Chief Legal Officer Marco Santori has reported that their own bank, Kraken Bank, is on track to launch soon.
Lark Davis: The Interest of Large Companies in Cryptocurrencies is Growing
Reading Time: < 1 minuteDespite the bear market, crypto investor and blogger Lark Davis has listed the biggest companies involved in the digital asset industry.
US Senators: Crypto Custodians Are Risky
Reading Time: < 1 minuteUS senators have questioned the risk of losing client funds due to the collapse of a crypto custodian when the SEC releases SAB 121 in April 2022.
Snoop Dogg Co-Founds a Web3 Streaming Platform
Reading Time: < 1 minuteAmerican rapper Snoop Dogg has joined forces with entrepreneur Sam Jones to co-found the live streaming web3 startup Shiller.
US Senators Say Binance is Evading Regulatory Bodies
Reading Time: < 1 minuteThe US Senate Banking Committee has sent a letter to Binance CEO Changpeng Zhao and his US representative Brian Schroeder.
LedgerX Abandons Silvergate Services in Favor of Signature Bank
Reading Time: < 1 minuteLedgerX has informed customers that it will stop working with Silvergate and transfers must now be done through Signature Bank.
Crypto Wallet ZenGo Raises $10M
Reading Time: < 1 minuteZenGo has raised $10 million in convertible bonds through an extended Series A funding round.
Changpeng Zhao Responds to Forbes’ FUD Allegations
Reading Time: < 1 minuteBinance CEO Changpeng Zhao has responded with a series of tweets to a Forbes post about “billions of exchange collateral being moved.”
Ether.Fi Raises $5.3M
Reading Time: < 1 minuteEther.Fi has recently announced the completion of a $5.3 million investment round led by North Island Ventures and Chapter One.
Fujitsu and Mitsubishi Will Create Japan’s Economic Zone in the Metaverse
Reading Time: < 1 minuteFujitsu, Mitsubishi and Mizuho have recently announced a new partnership to create an economic zone in the metaverse.
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