•The exchange rate between Bitcoin (BTC) and Ether (ETH) has been dropping recently. •This is not due to poor performance from Ether but rather strong performance from Bitcoin. •Investors are flocking to Bitcoin as a safe haven asset in light…
• Coinbase has announced that it has around $240 million with the recently closed Signature Bank. • The Federal Deposit Insurance Corporation (FDIC) took control of Signature, which had $110.36 billion in assets and $88.59 in deposits at the end…
• Dogecoin price dropped this week due to regulatory pressure and the ‚ghosts‘ of the messy implosion of Sam Bankman-Fried’s FTX exchange. • Investors are looking forward to key economic data releases for March to ascertain where Dogecoin price is…
Overview • ADA, the cryptocurrency that powers Cardano’s smart-contract-enabled layer-1 blockchain protocol, is coming under selling pressure on Friday. • The PCE Price Index report for January revealed a larger-than-expected jump in MoM core inflation to 0.6%. • This has…
• The Global Recruitment Report by Deel Lab found that 64% of LATAM workers prefer to get paid in crypto. • Workers are choosing crypto pay due to phenomena such as inflation and the depreciation of local fiats. • Bitcoin…
• Norman Chan, the former Chief Executive of the Hong Kong Monetary Authority (HKMA), believes crypto will not destroy traditional finance and that price volatility will hold back the progress of many cryptoassets. • He said stablecoins have potential but…
• US Department of Justice has launched a probe into Silvergate Bank’s dealings with now-defunct cryptocurrency exchange FTX and its trading arm Alameda Research. • Following the news, Silvergate shares took a nosedive, plunging by as much as 10% in…
• A hacker stole 120,000 ETH tokens, worth $321 million, from the Wormhole cross-chain bridge. • The hacker then started moving funds and swapping the ETH tokens for other cryptocurrencies. • The Wormhole bridge team offered a $10 million bounty…
• Calvaria: Duel of Eternity is a free-to-play blockchain card game similar to Gods Unchained. • Calvaria offers a more comprehensive and ambitious gaming experience, featuring additional features such as a unique reward system, a multi-tiered card system, and more.…
• The cryptocurrency market has seen a 1% gain in the past 24 hours, reaching a total market cap of $894 billion and a 6.5% increase in the last two weeks. • Fixed-income manager Jeffrey Gundlach argued that bonds provide…