This week, we dive into the world of Blockchain to explore the latest trends and developments. From the newest regulations to cutting-edge projects, get ready to stay up to date.
Technology
Coinbase, Galaxy Digital abandon Silvergate after bank warns about its viability
https://www.reuters.com/markets/currencies/crypto-exchange-coinbase-stops-initiating-payments-or-silvergate-2023-03-02/
Britain’s Nationwide curbs cryptocurrency purchases by customers
https://www.reuters.com/world/uk/britains-nationwide-curbs-cryptocurrency-purchases-by-customers-2023-03-02/
Australia’s central bank pairs with industry on digital A$ projects
https://www.reuters.com/business/finance/australias-central-bank-pairs-with-industry-digital-projects-2023-03-02/
SEC Is Cracking Down on Crypto Staking. Here’s What to Know.
https://www.wsj.com/articles/sec-is-cracking-down-on-crypto-staking-heres-what-to-know-f0922151
Flashbots Makes Privacy-Enhanced Block Builder Open Source on Ethereum Testnet Sepolia
https://finance.yahoo.com/news/flashbots-makes-privacy-enhanced-block-155553737.html
Three Japanese Banks Start Stablecoin Experiment
https://finance.yahoo.com/news/three-japanese-banks-start-stablecoin-095345155.html
Tether Used Deception To Open Bank Accounts
https://www.wsj.com/articles/crypto-companies-behind-tether-used-falsified-documents-and-shell-companies-to-get-bank-accounts-f798b0a5
Ethereum NFT Volume tops $1 Billion for First Time in 10 Months
https://nftplazas.com/ethereum-nft-trading-volume/
Crypto
Visa, Mastercard pause crypto push in wake of industry meltdown – sources
https://www.reuters.com/technology/visa-mastercard-pause-crypto-push-wake-industry-meltdown-sources-2023-02-28/
Silvergate suspends crypto payments network; shares fall after-hours
https://www.reuters.com/markets/currencies/silvergate-suspends-crypto-payments-network-shares-fall-after-hours-2023-03-04/
Bitcoin miner Riot delays annual report, to restate results
https://www.reuters.com/technology/bitcoin-miner-riot-delays-annual-report-restate-results-2023-03-02/
Bitcoin falls 5.2% to $22,253
https://www.reuters.com/technology/bitcoin-falls-52-22253-2023-03-03/
U.S. losing revenue from crypto mining fueled by federal gas -watchdog report
https://www.reuters.com/technology/us-losing-revenue-crypto-mining-fueled-by-federal-gas-watchdog-report-2023-03-02/
Investors pull around $6 billion out of Binance’s stablecoin
https://www.reuters.com/markets/currencies/investors-pull-around-6-billion-out-binances-stablecoin-2023-03-01/
SEC Is Cracking Down on Crypto Staking. Here’s What to Know.
https://www.wsj.com/articles/sec-is-cracking-down-on-crypto-staking-heres-what-to-know-f0922151
NFT
NFT Trading Volumes Hit $2B in February, Highest Since LUNA Crash, Thanks to Blur
https://finance.yahoo.com/news/nft-trading-volumes-hit-2b-182235465.html
Yuga Labs to launch its first Bitcoin-based NFTs TwelveFold
https://finance.yahoo.com/news/yuga-labs-launch-first-bitcoin-133135915.html
Bored Ape-Parent Yuga Labs’ Next NFTs Will Live on Bitcoin Blockchain
https://finance.yahoo.com/news/bored-ape-parent-yuga-labs-230009699.html
Binance Turns Heads with Bicasso, an AI Powered NFT Generator
https://nftplazas.com/bicasso-nft-generator/
DMCA Takedown Casts a Shadow over Notable Pepes NFT Collection
https://nftplazas.com/notable-pepes-nft/
BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea
https://cointelegraph.com/news/bnb-chain-hackathon-winner-accuses-binance-of-stealing-ai-powered-nfts-idea
Whale sells 1,010 NFTs in 48 hours: Nifty Newsletter, Feb. 22–28
https://cointelegraph.com/news/whale-sells-1-010-nfts-in-48-hours-nifty-newsletter-feb-22-28
Sparkles NFT Marketplace Goes Live on the Flare Network
https://nftplazas.com/sparkles-flare-nft/
NBA and Ant Group to Corner the Chinese Basketball NFT Market
https://nftplazas.com/nba-ant-group/
Cyber Crimes
CFTC Picks Former Cybercrime Prosecutor as Enforcement Chief
https://www.wsj.com/articles/cftc-picks-former-cybercrime-prosecutor-as-enforcement-chief-c5e2b4c9
How FTX’s Nishad Singh, Once an Honors Student, Turned to Crypto Crime
https://www.wsj.com/articles/how-ftxs-nishad-singh-once-an-honors-student-fell-into-crypto-crime-a37197a9
A great (fire) wall for India Inc: Experts split on automation vs human intervention to fend off cyberattacks
https://economictimes.indiatimes.com/tech/technology/a-great-fire-wall-for-india-inc-experts-split-on-automation-vs-human-intervention-to-fend-off-cyberattacks/articleshow/98414250.cms
NCSC: Twitter Users Should Find MFA Alternatives
https://www.infosecurity-magazine.com/news/ncsc-twitter-users-mfa-alternatives/
Record Number of Mobile Phishing Attacks in 2022
https://www.infosecurity-magazine.com/news/record-number-of-mobile-phishing/
At Least 30% of “Cyber-Criminals” Are Women: Report
https://www.infosecurity-magazine.com/news/at-least-30-cybercriminals-women/
Metaverse
Decentraland Gears up for Metaverse Fashion Week 2023
https://nftplazas.com/decentraland-metaverse-fashion-2023/
The Sandbox Eyes Rapid Expansion with Sviper Acquisition
https://nftplazas.com/the-sandbox-sviper/
EU antitrust chief says scrutiny of competition in metaverse already needed
https://economictimes.indiatimes.com/tech/technology/eu-antitrust-chief-says-scrutiny-of-competition-in-metaverse-already-needed/articleshow/98361594.cms
Flights and firefighting: companies push into the metaverse
https://economictimes.indiatimes.com/tech/technology/flights-and-firefighting-companies-push-into-the-metaverse/articleshow/98338838.cms
Web3 News
Headlines of the Week:
- Binance unit plans bid for Singapore crypto license (Reuters)
- India’s push to regulate crypto gains IMF, U.S. support at G20 (Reuters)
- Chinese tech-firms explore web3 partnerships with blockchain innovators |
The Crypto Mile Weekly (YahooFinance) - EA Founder Joins NFT Web3 Startup ‘Games for a Living’ (NFTPlazas)
- RTFKT and Ledger Team Up to Improve Web3 Security (NFTPlazas)
- New YouTube CEO Harbors a Fondness for Web3 and NFTs (NFTPlazas)
- Bitcoin core dev calls out ‘misleading’ auction selling his code as an NFT
(CoinTelegraph)
This Week in the Market: (CoinMarketcap)
- The global crypto market cap is $1.03T, a 0.79% Increase over the last Day
- Bitcoin is at $22,428.07 and is Down 5.15% over the last 7 days
- Ethereum is at $1,569.69 and is Down 4.41% over the last 7 days
- BNB is at $289.80 and is Down 6.30% over the last 7 days
Key Dates/Events
- 6 March – 7 March – Future Digital Finance 2023
- 8 March – 9 March – Crypto Expo
- 27 March – 29 March – FinTech India Expo
Accounts to Follow
This week we have nftinsiders, If you are new to the world of non–fungible tokens (NFTs), then you should certainly follow NFT Insiders. They post a variety of practical advice, informative articles, and tips.
