Industry
Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnership with Silvergate Bank
After announcing an investigation into Silvergate’s alleged involvement in the FTX debacle, several cryptocurrency firms announced they would scale back or end their relationship with Silvergate entirely.Jerry McNeillNear Protocol Releases Web3 Blockchain Operating System
The company revealed at Web3 and innovation festival ETHDenver 2023 that decentralized application (DApp) Near Protocol is releasing a new blockchain operating system focused on improving User Experience on Web3.Sherry CantwellFTX Presentation Reveals 'Severe Shortage' of Company Assets
Bankrupt cryptocurrency exchange FTX and its U.S. arm, FTX US, have both lost billions of dollars in customer funds after disclosing a “massive gap” in its holdings of digital assets and fiat currencies.Barry StidhamAustralians Revealed as Key Targets of Israeli Cryptocurrency Scam Group
Evidence suggests that Australians are one of the main countries targeted by a sophisticated network of cryptocurrency investment scams that suspects Israel as the main figure.Barry StidhamAustralian Regulator Reviews Binance Australia Derivatives Account Closure
Binance Australia Derivatives abruptly sent out a message to a specific group of users on February 23 that it would immediately close the accounts of certain users due to misclassifying them as “wholesale customers.”Craig GreenBTC Lightning Network Wallet BlueWallet to Shut Down Bitcoin Node Lndhub.io
Bitcoin wallet service provider BlueWallet has decided to shut down Lndhub.io, the Lightning Network node on the Bitcoin network used to store and trade satoshisCornell RachelCircle CEO Thinks SEC Shouldn't Regulate Stablecoins
After the SEC's recent crackdown on several cryptocurrency companies, Jeremy Allaire doesn't think the agency is particularly well suited to regulate stablecoins.Martha GrizzardSolana Faces Block Production Slowdown, Network Reboot
The Solana network faced a slowdown in block production on Feb. 25 following a validator software upgrade.Craig GreenFDIC-insured Citizens Trust Bank will hold $65 million in USDC reserves
The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a minority depository institution.Christopher SmithWormhole Bridge Breach: $140 Million in Stolen Assets Recovered
The Solana-based Wormhole Bridge has been hacked, costing $325 million after attackers managed to exploit a security flaw, making it one of the largest breaches in crypto history.Wayne IngramElectronic Arts founder Trip Hawkins enters the NFT game industry
Despite the ups and downs of the crypto market, the Web3 and NFT gaming industry continues to attract the attention of business leaders who are betting on technological innovation to drive the entire ecosystem forward.Hallie GillMissouri citizen gets 5-year probation after shooting Bitcoin ATM
Matthew Klinger, 51, of Jefferson City, Missouri, received five years of supervised probation after pleading guilty to shooting a bitcoin ATM with a pistol.Jerry McNeillWhale Sold 1,010 NFTs in 48 Hours, "Largest NFT Dump Ever"
With the Blur market on the verge of a second airdrop, Nansen’s Andrew Thurman speculates that this major NFT dump may be for additional BLUR token rewards, while also taking some profits.Craig GreenAnother Bitcoin Core Maintainer Resigns After 7 Years
On Tuesday, Bitcoin developer Marco Falke announced his resignation as Bitcoin Core maintainer.Christopher SmithBulgarian Investigators Claim 'Cryptoqueen' Was Murdered in 2018
Citing documents allegedly found on the body of a murdered Bulgarian police officer, Bulgarian news outlet Bird reported that she was killed in 2018Christopher SmithGoogle Cloud partners with Tezos blockchain to develop Web3 tech
Google’s cloud computing arm has added another string to its Web3 bow with a new partnership making it a network validator on the Tezos blockchain.Wayne IngramLinksDAO may make 'compelling offer' to buy Scottish golf course
LinksDAO, a golf startup run by a decentralized autonomous organization, may soon make a bid for the newly listed Spey Firth Golf Club in Scotland,Jerry McNeillTencent Cloud Dives Deeper into Web3 with New Partnerships
Tencent Cloud announced a strategic partnership with well-known companies in the encryption industry Ankr, Avalanche, Scroll and Sui to support the development of the Web3 ecosystem.James DeanPhishing Scammers Attack Fake Ethereum Denver Site Again
The cryptocurrency industry has long been the target of phishing attacks, and hackers appear to be finding new and smarter ways to trick their victims.Barry StidhamTON blockchain freezes $2.6B worth of inactive tokens
Users and validators of Telegram's previously created layer 1 blockchain, The Open Network (TON), voted to decide if a miner's wallet is inactive and has never made an outgoing transaction,Craig Green
