Month: March 2023

The Government Looks To Regulate Crypto, What Does This Mean For Bitcoin (BTC), Solana (SOL), Ethereum (ETH) and Orbeon Protocol (ORBN)?

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The U.S. Securities and Exchange Commission recently announced that cracking down on cryptocurrency is one of its targets for 2023. With Kraken already having to pay multi-million dollar fines, many crypto projects are now anticipating how additional government restrictions could impact them. Here’s how SEC regulations could impact Bitcoin (BTC), Solana (SOL), Ethereum (ETH) and … Read more

Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model

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The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and coins will be airdropped to the Arbitrum DAO treasury, Offchain Labs (the company behind Arbitrum), Offchain Labs investors, … Read more

Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s

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The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer price index (CPI), registering an increase of 6.6%, a consequence of the rises in prices of food and beverages principally. The number is among the highest in the history of Argentina, reaching more than 100% growth year-on-year (YoY), something that … Read more

US Senator: Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards

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U.S. Senator Elizabeth Warren alleges that Signature Bank failed because it “bought into its get-rich-quick narrative” and “embraced crypto customers with insufficient safeguards.” Emphasizing that the bank took “excessive risk,” the senator demanded answers from the CEO of Signature Bank regarding “the economically disastrous outcomes you created.” Senator Elizabeth Warren’s Letter to Signature Bank’s CEO … Read more

European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks

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Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, stocks of Europe’s largest banks still plunged by as much as 10% on March 15. Silicon Valley Bank’s ‘Limited’ EU … Read more

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