Industry
RBI-Backed NPCI Ventures into Blockchain Hiring
The National Payments Corporation of India (NPCI), a color, Experienced Blockchain TechnologyBarry StidhamAustralian Lawmakers Reject Crypto Bill
The Australian Senate Economic Legislation Committee has issued its feedback on Senator Andrew Bragg's proposed cryptocurrency bill.Cornell RachelUK Sets Ambitious Goals for Global AI Summit
The UK has outlined five key "ambitions" for an upcoming global artificial intelligence (AI) security summit set to occur on November 1 and 2.Christopher SmithFormer MAS Chairman's Presidential Victory Shrouded in Crypto Caution
Tharman Shanmugaratnam, the former chairman of the Monetary Authority of Singapore (MAS), has secured victory in Singapore's presidential electionMartha GrizzardGoogle DeepMind CEO Demis Hassabis says we could have AGI 'in the next few years'
Demis Hassabis, CEO of Google DeepMind, recently predicted that artificial intelligence (AI) systems will reach human-level cognition at some point between "the next few years" and "probably within a decade."Cornell RachelMeta SEC Filing Discloses Debt Securities Issuance Plan
Tech giant Meta, the parent company of Facebook, Instagram and WhatsApp, has filed with the US Securities and Exchange Commission (SEC) for a new debt-on-hold offering.Barry StidhamDespite headwinds, community-driven crypto projects are thriving
The much-anticipated launch and airdrop of Arbitrum’s native governance token, ARB, took place on March 23, creating a buzz around the Layer 2 protocol as hundreds of thousands of eligible users and DAOs attempted to claim the token.Cornell RachelBinance CEO Changpeng Zhao Denies Market Manipulation Allegations
Binance CEO Changpeng “CZ” Zhao rejected the CFTC’s allegations, arguing that the cryptocurrency exchange “under no circumstances operates for profit or ‘manipulates’ the market.”Craig GreenMakerDAO Adopts New 'Constitution' to Formalize Governance Process
According to the proposal’s official forum page, MakerDAO, the decentralized autonomous organization governing the Dai (DAI) stablecoin, has adopted a new proposed “constitution” designed to standardize the governance process and help prevent hostile actors from taking over the protocol.Barry StidhamUK Treasury drops Royal Mint NFT Plans
The United Kingdom has shelved plans to launch a government-backed “UK NFT,” originally proposed by crypto-friendly Prime Minister Rishi Sunak.Martha GrizzardDisney Reportedly Kills Its Metaverse Division
Entertainment giant Disney has reportedly ditched its Metaverse division as part of a broader restructuring plan that will slash $5.5 billion in operating expenses and lay off 7,000 employees within two months.Barry StidhamDo Kwon registered a company in Serbia for $1 on Interpol's Red Notice
Do Kwon, co-founder of Terraform Labs, set up a company in Serbia for less than $1 a few weeks after being flagged by Interpol for a “red notice,” according to documents from Serbia’s business registry.James DeanVauld gets another creditor protection extension from Singapore High Court
Troubled cryptocurrency lending platform Vauld has won another creditor protection extension from the Singapore High Court until March 24Jerry McNeillVitalik Buterin Says 'More Work Needs To Be Done' To Tackle High Ethereum Transaction Fees
In a new blog post published on Feb. 28, Ethereum co-founder Vitalik Buterin documents the need for continuous improvements to the network to better facilitate Ether as a means of payment.Christopher SmithWrapped Bitcoin Supply Drops to Negative After 11,500 wBTC Related to Celsius Burn
The supply of wrapped Bitcoin (wBTC) fell to its lowest level since May 2021 after its second-biggest single-day burn on Feb. 27.Barry StidhamNevada Financial Watchdog Seeks Court Intervention: Prime Trust Faces Receivership
Following the cease and desist order, the Nevada Department of Financial Institutions has filed another application against cryptocurrency custodian Prime TrustJames DeanNeuralink gets FDA approval for 'human' trials of its brain-computer interface
Elon Musk's brain-computer interface (BCI) startup Neuralink has reportedly received approval from the US Food and Drug Administration (FDA) to conduct some form of "human" trials of its surgically implanted brain devices.Craig GreenLedger stops restoring service, Hong Kong Web3, another CEX goes down
Another centralized exchange (CEX) is in trouble, with Hotbit announcing that it will shut down operations due to the unfavorable business environment.Martha GrizzardEconomic Uncertainty Causes USDT Market Share to Jump, but USDC Market Share Shrinks
The market dominance of dollar-pegged stablecoins has shifted somewhat over the past year. While most of them are in a downtrend, Tether, according to data from CoinGecko, it has recovered to record highs.Christopher SmithBinance Begins Transition to New Platform in Japan
The company also boosted its US Treasury bills to a new high of more than $53 billion, or 64% of its reserves. Combined with other assets, USDT is now backed by 85% cash, cash equivalents, and short-term deposits, the report said.Cornell Rachel
