Industry
Binance concealed ties to China for years, even after 2017 crypto crackdown
According to documents obtained by the Financial Times, Binance CEO Changpeng Zhao "CZ" and other senior executives have been hiding their ties to the Chinese cryptocurrency exchange for years.Herman HayesFTX Lawyers, Creditors Slam SBF Petition for Attorney Fee Reimbursement
A new petition by Sam Bankman-Fried seeking reimbursement of his legal expenses has been met with fierce opposition from lawyers representing the cryptocurrency exchange and its committee of creditors.Herman HayesElon Musk and tech execs call for moratorium on AI development
More than 2,600 technology leaders and researchers have signed an open letter urging a moratorium on further artificial intelligence (AI) development, fearing "profound risks to society and humanity".Herman HayesDeFi insurance spending hits $34.4M in 2022
DeFi insurance companies will pay out $34.4 million in claims in 2022, according to a March 21 report from decentralized finance analytics firm OpenCover.Herman HayesZenGo Discovers 'Red Pill Attack' Vulnerability in Popular Web3 Apps
According to a blog post published by the developer of crypto wallet ZenGo, the company said it discovered a security flaw in a transaction simulation solution used by popular decentralized applications, or dApps. Dubbed a "red pill attack,"Herman HayesMetaMask Institutional unlocks separate ETH staking market
MetaMask Institutional will be the avenue for creating new Ethereum validators after announcing a new staking marketplace for its institutional clients.Herman HayesCFTC Technical Committee Gathers in DC to Talk DeFi
U.S. commodity regulators were given a crash course in decentralized finance (DeFi) on March 22. Cryptocurrency executives briefed regulators on key issues affecting the space, including exploits, decentralization and digital identity.Herman HayesNFT Investor Accidentally Burns $135,000 in CryptoPunk Trying to Borrow Money
A non-fungible token (NFT) from the CryptoPunks collection worth 77 Ether, Sent to the destruction address for permanent destruction. However, the collector intends to borrow some money to purchase another NFT.Seth RowdenArbitrum Discord Hackers Share Phishing Announcements Amid Airdrop Hype
The crypto community’s warnings of a fake Arbitrum (ARB) airdrop came true as hackers managed to place a phishing link into Arbitrum’s official Discord server.Seth RowdenEuler Finance Exploiters Return Over 58,000 Stolen Ether
Hackers who exploited lending protocol Euler Finance worth $196 million have returned most of the stolen assets, according to on-chain data.Seth RowdenKraken Suspends Plaid Withdrawals and Deposits Via ACH Silvergate
Major cryptocurrency exchange Kraken is experiencing difficulty accessing withdrawals and deposits through Silvergate’s automated clearing house (ACH)-related gateway.Seth RowdenFTX seeks to recover $460 million from Bankman-Fried-backed VC firm
Bankrupt cryptocurrency exchange FTX is seeking to recover $460 million in allegedly misappropriated customer funds from venture capital firm Modulo Capital, which received a sizeable investment from Alameda Research last year.Seth RowdenXapo Bank Enables USDC Deposits and Withdrawals
Bitcoin Custodian and Licensed Private Bank Xapo Bank Partners with Fintech Circle to Integrate USDC, Payment Rail as an alternative to SWIFT.Seth RowdenFrench lawmaker proposes ban on cryptocurrency influencer promotions
French lawmakers have proposed banning the electronic promotion of certain financial products and services, including crypto assets, to protect consumers from potential risks.Seth RowdenDeloitte dabbles in immersive experiences as more industries move to Web3
Immersive experiences are already popular in the entertainment, gaming and fashion industries, but they can also be a tool for a variety of other business needs, such as simulating manufacturing operations and training managers to have sensitive conversations.Seth RowdenMulti-chain wallet BitKeep raises $30 million at $300 million valuation
On March 22, cryptocurrency derivatives exchange Bitget announced a $30 million investment in multi-chain wallet BitKeep at a valuation of $300 million.Seth RowdenPowell says Fed confused by SVB collapse
U.S. Federal Reserve Chairman Jerome Powell admitted his regulators were caught off guard by the sudden collapse of the Silicon Valley bank, even though it was under their watch.Seth RowdenUAE central bank signs CBDC strategy agreement
The Central Bank of the United Arab Emirates (CBUAE) is about to fully launch its central bank digital currency (CBDC) the digital dirham for domestic and cross-border payments.Seth RowdenTerraform Labs co-founder Do Kwon reportedly arrested in Montenegro
A suspected Terra co-founder Do Kwon was arrested in the Balkan country on March 23, according to a post by Montenegro's Interior Minister Filip Adzic.Seth RowdenCircle CEO says banking turmoil is pushing cryptocurrencies to 'unregulated'
The CEO of Circle believes that the ongoing crisis and uncertainty in the global banking system may push the cryptocurrency market into a regulatory gray area.Seth Rowden
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View more- 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
- 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
- 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
- 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
- 5CZ: compared with the record high nine months ago, the current situation of the industry is much better
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