March 9, 2023 Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’ After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she…
March 9, 2023 Ethereum’s NFT gas usage heads towards a two-year low as inscription demand takes over Definition The relative amount (share) of gas consumed by the Ethereum network by category. Transactions are classified into one of the following categories: NFTs: Transactions…
March 9, 2023 NFTs vs Securities: The battle for regulatory classification in the crypto world Non-fungible tokens (NFTs) do not qualify as securities, according to a statement released by the German Financial Supervisory Authority (BaFin). BaFin officials argued that…
March 9, 2023 Coinweb to bring cross-chain tokenisation to Layer 2 As Layer 2 scaling solutions such as Arbitrum and Optimism are taking center stage in the narrative for blockchain development, the space is certainly…
March 9, 2023 PCAOB warns investors of PoR report’s reliability in latest advisory The Public Company Accounting Oversight Board recently issued an advisory for investors. The advisory warned investors about the reliability of PoR reports carried out…
March 9, 2023 Vitalik Buterin chastises BITE, other ********* for having no ‘redeeming cultural or moral value’ Ethereum co-founder Vitalik Buterin warned the crypto community about BITE and other unnamed assets being discussed on the r/Testingtesting62831 subreddit group. A look at…
March 9, 2023 Biggest Movers: MATIC, SOL Fall to Lowest Point Since January Polygon fell to its lowest point since January earlier in today’s session, as overall sentiment in crypto markets remained bearish. Overall, the global market…
March 9, 2023 US REPO task force names crypto as target in efforts involving $58B in sanctioned assets Members of the task force have worked to “counter Russian sanctions evasion”, which included illicit crypto transactions and money laundering schemes. The United States…
March 9, 2023 Bitcoin: The why and how of traders wanting to long BTC Traders are preferring to take a long position in contrast to the sustained decline in BTC’s price Whales’ action could trigger a bull trend…
March 9, 2023 Xapo bank integrates Bitcoin Lightning Network amid turmoil in crypto banking sector Coinbase-owned Xapo bank announced its integration with the Bitcoin (BTC) Lightning Network on March 2, becoming the first fully-licensed bank integrated with the Lightning…