Pressure on the U.S. banking system is questioning whether the Fed can push ahead with such an aggressive tightening cycle, analysts at ING said.
DeFi Protocol Tender.fi Hacker Returns $1.6M Following Chainlink Oracle Glitch
A white hat hacker that targeted DeFi protocol Tender.fi has returned $1.6 million that was stolen on Tuesday, receiving a 62.15 ether ($85,000) bug bounty instead.
Finance Is Headed Toward Bank-Free, Decentralized Future: Bernstein
Bank-free decentralized finance will be a trillion-dollar asset pool with over $40 billion in revenue by 2028, the report said.
Coinbase still a buy for Cathie Wood: ARK buys its biggest batch of COIN in 2023
Amid the crypto market facing another wave of panic, Cathie Wood’s ARKK keeps bagging record amounts of Coinbase stock this year.
Judge mulls removing Shaq and Naomi Osaka from FTX lawsuits
The plaintiffs have until December to show cause as to why the two sports stars should not be dismissed from the lawsuit.
Meta working on text-based decentralized social network codenamed P92
Meta is reportedly building a decentralized, text-based social network that supports ActivityPub, the decentralized social networking protocol that powers Twitter-rival Mastodon.
SEC of Thailand wants public feedback on crypto lending, staking ban
Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services.
Facebook Parent Company Meta Exploring Decentralized App: Report
The app, codenamed P92, will be a standalone product for sharing text updates
Ether Hits Two-Month Low Under $1.4K as Coinbase Premium Index Dwindles
The decline comes as New York Attorney General referred to ETH as security in its lawsuit against the cryptocurrency exchange KuCoin.
Rapper The Game’s crypto startup gets registration revoked
The SEC said that ParagonCoin Limited violated securities laws for failing to file the required periodic reports.
US Trustee appeals NY Judge’s approval of Voyager deal with Binance.US
The United States Department of Justice filed an appeal against an approval made by N.Y. just days before to allow a billion-dollar sale of assets from Voyager Digital to Binance.US.
Hedera confirms exploit on mainnet led to theft of service tokens
Hedera said the March 9 smart contract exploit has not impacted the network or its consensus layer.
U.S. DOJ Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US
The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.
US Fed to create new crypto team amid concerns about unregulated stablecoins
The Fed’s Vice Chair for Supervision emphasized that they do not want to curb innovation, but ensure that regulations protect households and the financial system.
‘CryptoGPT’ Twitter accounts spring up as hashtag trends on Twitter
Dozens of Twitter accounts have emerged on the social media platform claiming to be related to “CryptoGPT.”
Justin Sun Moving Stablecoins After Promising to Create Huobi Liquidity Fund
Sun’s USDT is moving after Huobi’s HT Token Dropped 93% and then rebounded.
US bank woes? Silicon Valley Bank stocks plunge 1 day after Silvergate downfall
Concerns have been raised around the financial health of the tech-focused bank, which services the likes of crypto-friendly VCs such as Sequoia and a16z.
First Mover Asia: Bitcoin Plunges to Mid-January Levels
ALSO: CoinDesk analyst Glenn Williams writes that despite the crypto market’s recent problems, bullish sentiment seems to be prevailing among holders of futures contracts.
Bitcoin slips under $20K amid Biden budget, Silvergate collapse
The price of BTC briefly slipped under $20,000 on March 10, although at time of writing was hovering just above that level.
CBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman
Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington.