Markets
BZX DAO class action ruling: Developers with upgrade keys let platform host
In the latest update to a class action lawsuit against members of the bZX DAO, a U.S. district judge has ruled that the ability for developers to upgrade smart contracts, where the keys are in the hands of a single developer, makes the arrangement escrow.Wayne IngramSony Eyes NFT Transfers Across Multiple Gaming Platforms, Reveals Patent
Video game giant Sony Interactive Entertainment, which operates the PlayStation brand, has applied for a patent for a framework that would allow users to transfer and spend non-fungible tokens (NFTs) across multiple gaming platforms.Cornell RachelAustralian Crypto Exchange Hints Interest in Hong Kong Base
Australia-based cryptocurrency exchange Independent Reserve is looking to set up shop in Hong Kong as Hong Kong continues its efforts to become a cryptocurrency hub.Jerry McNeillCoinbase CEO In Its Wells Notice SEC Is Like a Football Referee in a Game of Pickleball
Brian Armstrong, co-founder and CEO of cryptocurrency exchange Coinbase, likened the U.S. Securities and Exchange Commission (SEC) to a "football referee" in a game of pickleball, criticizing U.S. regulators for their inability to "agree on the rules." new game".Martha GrizzardCoinbase and Algorand give different reasons for suspending staking rewards
Algorand Foundation CEO Stacy Waden confirmed rumors of Coinbase's decision to terminate Algorand on Twitter, Offer incentives to retail customers. However, Coinbase and Algorand have different reasons for the move.James DeanSygnum Inquiries to Crypto Firms Increase After US Banking Giants Collapse
Zurich-based digital asset bank Sygnum sees international cryptocurrency firms looking for new banking partners following the recent collapse of a crypto-friendly U.S. bank.Barry StidhamSurgical Removal' of Crypto Will Only Undercut Dollar's Dominance, Says Commentator
Following Coinbase’s recent Wells notice from the SEC, industry experts said the U.S. crackdown on cryptocurrencies and crypto companies would only stifle crypto-related innovation and “weaken” the country.Cornell RachelCathie Wood's ARK Buys Coinbase Stock Again With $18M
Just a day after COIN shares fell on news of Wells’ notification, Cathie Wood’s investment management firm resumed buying Coinbase stock. On March 23Wayne IngramNasdaq to Launch Crypto Custody Service by End of Q2
According to Bloomberg, the global securities market Nasdaq is preparing to launch its digital asset custody service by the end of the second quarter of this year.Barry StidhamMakerDAO Votes to Keep USDC as Primary Collateral, Rejects 'Diversification' Plan
MakerDAO, the decentralized autonomous organization that manages Dai and Stablecoin, has voted overwhelmingly to keep USDC.Cornell RachelGermany's Dwpbank to Offer Bitcoin Transactions to 1,200 Affiliated Banks on New Platform
Deutsche Bank (Dwpbank), which provides securities processing services to around 1,200 banks in Germany, is creating a new platform wpNex that will offer Bitcoin Sales to retail customers of all its affiliates in the second half of the year.Martha GrizzardAnimoca denies reports that metaverse fund cuts $200M and valuation drops to $2B
Venture capital firm and Web3 game developer Animoca Brands has refuted claims that its metaverse fund target was cut by $200 million, or 20%, to $800 million amid turmoil in the cryptocurrency market and instability in the banking sector.Jerry McNeillTron token sell-off after SEC charges founder Justin Sun
Tron's native TRX token plummeted today after the SEC cracked down on the founder of the blockchain project with market manipulation, fraud and other charges.Martha GrizzardBitcoin is 1 week away from "confirming" a new bull market
Bitcoin (BTC) still has a few days before starting a new macro uptrend, according to the latest analysis. In his latest tweet, popular trader and analyst Rekt Capital noted that BTC/USD is forming a key monthly close.James DeanCoinbase wants developers to build inflation-pegged 'flat coins' on its new 'Base' network
Cryptocurrency exchange Coinbase sees inflation-pegged “flat coins” as one of four “key” innovations that should be built on top of its recently launched layer 2 network Base.Sherry CantwellBitcoin falls below $28,000 as Binance announces temporary suspension of spot trading
The world's largest cryptocurrency exchange has announced a temporary halt to spot trading due to an error.James DeanWeb3 Studio Overlord develops Dan Houser-backed Revolving Games for NFT games
That’s certainly the case for Web3 project Overlord, which has teamed up with game studio Revolving Games — backed by Rockstar Games co-founder Dan Houser to help it develop a video game within the Overlord ecosystem featuring a colorful lizard NFT.James DeanMysten Labs to Repurchase $96M Worth of Stock and Token Warrants from FTX
Debtors of collapsed cryptocurrency exchange FTX filed a motion in bankruptcy court on Thursday seeking to sell a multimillion-dollar stake in Web3 company Mysten Labs back to the Delaware startup.Barry StidhamNFT wash trades up 126% in February
Wash volume across the top six non-fungible token (NFT) markets rose for the fourth straight month, with a combined volume of $580 million.Hallie GillMastercard Settles APAC Stablecoin Wallet Transactions
Global payments provider Mastercard is launching a stablecoin digital wallet integrated with Australian stablecoin platform Stables.James Dean
