US banking system outlook downgraded to ‘negative’ following recent bank failures
Recent bank failures have highlighted the need for Blockchain-based cryptocurrency such as Bitcoin. Go to Source Powered by WPeMatico
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Former Age of Empires producer talks blockchain game adoption and GameFi
Web3 gaming is the future, and mainstream veteran Peter Bergstrom reveals how the ecosystem can expedite the inevitable. Go to Source Powered by WPeMatico
Wyoming’s private keys bill addresses growing threat to rights and assets
Wyoming’s new law ensures that courts won’t overstep their authority in requiring individuals to disclose their private keys. Go to Source Powered by WPeMatico
Marathon Digital: Deposits held at Signature Bank are secure and available
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank. Go to Source Powered by WPeMatico
Coinbase disables trading for BUSD
Coinbase assured users that their BUSD funds will remain accessible and that they will still be able to withdraw funds at any time. Go to Source Powered by WPeMatico
Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking
After the failure of Silicon Valley Bank (SVB), a great deal of Americans are starting to realize the dangers of fractional-reserve banking. Reports show that SVB suffered a significant bank run after customers attempted to withdraw $42 billion from the bank on Thursday. The following is a look at what fractional-reserve banking is and why … Read more
Ethereum layer-2 solutions may focus less on token incentives in the future
Token incentive models may become obsolete as layer-2 networks focus on ease of functionality and low fees, but how will this impact decentralization? Go to Source Powered by WPeMatico
South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects
The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several services including region-specific projects. South Korea Continues Investing … Read more
Sam Bankman-Fried’s bail conditions still too lenient, says judge
U.S. district judge, Lewis Kaplan, expressed concern that Bankman-Fried could find ways to evade the restrictions and covertly communicate with others electronically. Go to Source Powered by WPeMatico
DAO Maker founder builds game based on abandoned Logan Paul project in just 30 days
“Degen Zoo” has seen more than 115,000 wallets register to join the game, pledging over $700 million. Go to Source Powered by WPeMatico