Author: Tony Pearce
Iran’s Central Bank Completes Initial Phase of CBDC Project
Reading Time: < 1 minute The Monetary and Banking Research Institute (MBRI) has announced the successful completion of the initial phase of its digital real project.
Crypto Exchange Coinbase Acquires One River Digital Asset Management
Reading Time: < 1 minute Coinbase has acquired One River Digital Asset Management (ORDAM).
Jack Dorsey’s TBD Launches a LN Arm
Reading Time: < 1 minute TBD, a subsidiary of Jack Dorsey’s Block focused on Bitcoin, has announced the launch of a Lightning Network (LN) ecosystem development arm called c=.
Silvergate Stocks Drop By Almost 50% After Company Delays SEC Report
Reading Time: < 1 minute Silvergate Capital Corporation saw its capitalization plummet by 48.82% on March 2.
US City of Orlando Announces Opening of 2,500 Jobs Related to Metaverse
Reading Time: < 1 minute Mayor Buddy Dyer of Orlando, Florida, has announced the opening of 2,500 jobs related to digital worlds as part of an effort to transform the city into a MetaCenter.
NFT Trading Volumes Hit May 2022 Levels
Reading Time: < 1 minute Non-fungible token (NFT) trading volumes have reached the levels of May 2022, indicating that the digital asset class is continuing to surge in popularity.
CoinEx to Stops Offering Services to US Users
Reading Time: < 1 minute CoinEx has recently announced that it will no longer be serving customers in the United States.
US Congressman Speaks Out Against Fed Control Over Digital Dollar
Reading Time: < 1 minute US Congressman Tom Emmer has spoken out against the Federal Reserve’s control over the proposed digital dollar.
How Have Cryptos Behaved Recently?
Reading Time: < 1 minute Bitcoin has been experiencing significant price changes over the past few weeks.
Chipmaker Chain Reaction Raises $70M
Reading Time: < 1 minute Chain Reaction has recently raised $70 million in a Series C funding round.
Immutable Lays Off 11% of its Employees
Reading Time: < 1 minute NFT gaming studio Immutable has announced it plans to conduct a second stage of staff optimization.
Ethereum Developers Say Shapella Upgrade Will Take Place on Feb 28 on Sepolia Testnet
Reading Time: < 1 minute The Ethereum team of developers has scheduled the deployment of the Shapella update to the Sepolia testnet on February 28.
Polygon Lays Off 20% of its Staff
Reading Time: < 1 minute Blockchain platform Polygon has recently announced it is reducing its workforce by about 20%.
Green Mining PEGA Pool Climbs the Bitcoin Hashrate Charts Within Weeks of Launch
Reading Time: 2 minutes There’s a new Bitcoin mining pool in town and it comes bearing impeccable environmental credentials.
Crypto Exchange Zipmex to Resume Withdrawals
Reading Time: < 1 minute Crypto exchange Zipmex will resume withdrawing funds after the acquisition closes.
Oman to Develop a Crypto Regulatory Framework
Reading Time: < 1 minute Oman plans to create a regulatory framework for the digital asset industry.
Hedge Fund Galois Capital Shuts Down Due to FTX Collapse
Reading Time: < 1 minute Galois Capital has decided to close after the events related to crypto exchange FTX.
Mike Novogratz: Bitcoin Will Hit $30,000 in Q1 2023
Reading Time: < 1 minute According to Galaxy Digital CEO Mike Novogratz, Bitcoin is set to hit new highs.
ECB: Banks Must Now Adhere to Basel Standards When Dealing with Cryptos
Reading Time: < 1 minute The ECB has just urged banks working with cryptocurrencies to adhere to the standards developed by the Basel Committee on Banking Supervision.
Amazon’s Branch Alexa Fund Invests $20M in Superplastic
Reading Time: < 1 minute The venture arm of Amazon,has recently led a $20 million round for Superplastic.
DBS Will Launch Crypto Services in Hong Kong
Reading Time: < 1 minute DBS has decided to serve Hong Kong crypto traders.
Citadel Securities Acquires Stake in Silvergate Bank
Reading Time: < 1 minute Investment firms Citadel Securities and Susquehanna Advisors Group have recently disclosed their purchase of 7.5% and 5.5% equity stakes in Silvergate.
Institutional Investors Withdraw Funds from Crypto Funds for First Time in Four Weeks
Reading Time: < 1 minute Institutions last week withdrew funds from instruments focused on digital currencies for the first time since the beginning of 2023.
BNY Mellon: Cryptocurrencies Are Firmly Entrenched in the Financial Sector
Reading Time: < 1 minute According to Michael Demissie, Head of Advanced Solutions at BNY Mellon, cryptocurrencies are firmly entrenched in the financial sector.
LocalBitcoins Shuts Down
Reading Time: < 1 minute The Finnish company has just announced it is suspending its operations.