Ethereum core developers push Shanghai upgrade to early April
The final dress rehearsal for Shanghai has been slated for a Mar. 14 launch, while the real thing will happen a few weeks later. Go to Source Powered by WPeMatico
Month: March 2023
Bitcoin price slides 5% in 60 minutes amid Silvergate uncertainty
The price of BTC has fallen a steep 5% in 60 minutes in the early hours of Mar. 3, wiping $22 billion from Bitcoin’s market cap. Go to Source Powered by WPeMatico
$3M OKX airdrop, 1 hour due diligence on 3AC, Binance AI — Asia Express
OKX reimburses $3M to users after alleged market manipulation incident, Binance unveils AI generated NFTs and FTX Japan users made whole. Go to Source Powered by WPeMatico
MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025. Go to Source Powered by WPeMatico
Binance ‘not planning any layoffs,’ 500 roles to be filled in H1
A Binance spokesperson told Cointelegraph that they hired 600 people since January and have no imminent plans for layoffs. Go to Source Powered by WPeMatico
FTX presentation shows ‘massive shortfall’ in firm’s assets
FTX and FTX US together have billions in deficits in their exchange wallets and fiat accounts, uncovered in a “huge effort” according to the exchange’s CEO. Go to Source Powered by WPeMatico
Xapo Bank Integrates Lightning Network Payments Through Lightspark Partnership
On March 2, Xapo Bank announced its partnership with Lightspark, a company led by David Marcus, former crypto boss at Facebook. The partnership aims to extend the utility of bitcoin and the Lightning Network. Xapo revealed on Thursday that it is the first fully licensed private bank to offer payments through the Lightning Network. Xapo … Read more
SEC chair implies crypto exchanges may be ‘qualified custodians’ as new rule is drafted
Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets, but thinks crypto firms may not be up to snuff. Go to Source Powered by WPeMatico
UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report
The banks join a growing list of financial institutions in the country tightening restrictions on digital assets. Go to Source Powered by WPeMatico
Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets
Three United States senators have written a letter to the CEOs of Binance and Binance.US with a long list of objections to the companies’ perceived policies and actions. Go to Source Powered by WPeMatico
