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
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/
India’s money laundering rules to apply to crypto trade – gov’t notification
https://www.reuters.com/world/india/indias-money-laundering-rules-apply-crypto-trade-govt-notification-2023-03-08/
Crypto Layoffs and Bankruptcies in 2023: Here’s the List to Watch
https://www.wsj.com/articles/crypto-layoffs-and-bankruptcies-in-2023-heres-the-list-to-watch-7d85b645
Next stop Shanghai — Ethereum’s latest milestone approaches
https://cointelegraph.com/news/next-stop-shanghai-ethereum-s-latest-milestone-approaches
5 countries leading the blockchain adoption
https://cointelegraph.com/news/5-countries-leading-the-blockchain-adoption
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
Reshaping the Health Industry with the Power of NFTs
https://nftplazas.com/nfts-health-industry/
Crypto
Circle says $3.3 bln USDC reserves to be fully available on Monday
https://www.reuters.com/technology/circle-says-33-bln-usdc-reserve-be-fully-available-monday-2023-03-13/
Major cryptocurrencies stabilise after U.S. intervenes on SVB
https://www.reuters.com/technology/bitcoin-usdc-stablecoin-rally-after-us-intervenes-svb-2023-03-13/
Crypto stocks slide after Silvergate decides to shut down
https://www.reuters.com/technology/crypto-stocks-slide-after-silvergate-decides-shut-down-2023-03-09/
JPMorgan ending banking relationship with crypto exchange Gemini – source
https://www.reuters.com/business/finance/jpmorgan-ending-banking-relationship-with-crypto-exchange-gemini-source-2023-03-08/
Fed’s Michael Barr Calls for Stablecoin Regulation in Crypto Oversight
https://www.wsj.com/articles/feds-michael-barr-banks-should-be-careful-about-crypto-a24d388e
Circle’s USDC Stablecoin Breaks Peg With $3.3 Billion Stuck at Silicon Valley Bank
https://www.wsj.com/articles/crypto-investors-cash-out-2-billion-in-usd-coin-after-bank-collapse-1338a80f
Crypto Bank Silvergate to Shut Down, Repay Deposits
https://www.wsj.com/articles/crypto-bank-silvergate-to-shut-down-repay-deposits-4bc2a469
Why is Ethereum (ETH) price down today?
https://cointelegraph.com/news/why-is-ethereum-eth-price-down-today
NFT
Hermes asks court to block ‘MetaBirkin’ NFT sales after jury win
https://www.reuters.com/business/retail-consumer/hermes-asks-court-block-metabirkin-nft-sales-after-jury-win-2023-03-06/
German regulator BaFin suggests a ‘case-by-case’ approach for NFTs
https://cointelegraph.com/news/german-regulator-bafin-suggests-a-case-by-case-approach-for-nfts
Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7
https://cointelegraph.com/news/bitcoin-nft-auction-nets-16-5m-in-24-hours-nifty-newsletter-march-1-7
An Adventurers Guide to the Bitcoin-Based Ordinals NFT
https://nftplazas.com/bitcoin-ordinals-nft/
Amazon Backed NFT Platform Set to Go Live in April
https://nftplazas.com/amazon-nft-platform/
Vitalik Buterin Associated NFT Collection Rakes in Millions
https://nftplazas.com/vitalik-buterin-nft/
NFTs Make an Unexpected Entrance on the Pi Network
https://nftplazas.com/pi-network-nft/
Cyber Crimes
FBI Warns of Crypto-Stealing Play-to-Earn Games
https://www.infosecurity-magazine.com/news/fbi-warns-cryptostealing-games/
Investment Fraud is Now Biggest Cybercrime Earner
https://www.infosecurity-magazine.com/news/investment-fraud-biggest/
OpenSea patches vulnerability that potentially exposed users’ identities
https://cointelegraph.com/news/opensea-patches-vulnerability-that-potentially-exposed-users-identities
Hadoken Security Group Upgrades Xenomorph Mobile Malware
https://www.infosecurity-magazine.com/news/hadoken-upgrades-xenomorph-malware/
White House Allocates $3.1bn to Cybersecurity in New Budget
https://www.infosecurity-magazine.com/news/white-house-allocates-dollar31bn/
Metaverse
The metaverse is getting a greenhouse and garden full of NFT flowers
https://cointelegraph.com/news/the-metaverse-is-getting-a-greenhouse-and-a-garden-full-of-nft-flowers
OneLand Metaverse Market Analysis: March 6 – 12
https://nftplazas.com/oneland-market-analysis-march-6/
Decentraland Lays New Building Foundations with SDK 7
https://nftplazas.com/decentraland-sdk-7/
FlamingoDAO Launches Little Miami Virtual Gallery in Voxels
https://nftplazas.com/flamingodao-little-miami/
Meet the Metaverse creators: Nikki Fuego from Vroomway
https://nftplazas.com/nikki-fuego-vroomway/
The Sandbox Storms in with 1 Million $SAND March Festival
https://nftplazas.com/the-sandbox-march-festival/
Web3 News
Headlines of the Week:
- US digital asset fund, venture capital firm to raise $100 million for two new
blockchain funds (Reuters) - Tough rules needed to ‘detoxify’ crypto market, says UK financial watchdog
(Reuters) - Nissan files 4 new Web3 trademarks, trials sales in the metaverse
(CoinTelegraph) - Snoop Dogg revealed as co-founder of Web3-powered livestream platform
(CoinTelegraph) - Shopify and Thirdweb Launch Game-Changing Web3 Toolkit (NFTPlazas)
- HyperPlay Ushers in a New Dawn for Web3 Gaming (NFTPlazas)
This Week in the Market: (CoinMarketcap)
- The global crypto market cap is $1.04T, a 10.11% Increase over the last Day
- Bitcoin is at $23,578.72 and is Up 5.07% over the last 7 days
- Ethereum is at $1,650.84 and is Up 5.11% over the last 7 days
- BNB is at $307.64 and is Up 7.52% over the last 7 days
Key Dates/Events
- 20 March – 24 March – Paris Blockchain Week Summit
- 21 March – 21 March – Paris NFT Day
- 27 March – 29 March – FinTech India Expo
Accounts to Follow
This week we have TheCryptoGraph , If you want an easy and up-to-date way to stay abreast of all the latest developments in crypto then check out TheCryptograph. Regular posts give a good, bite-sized outline of the latest crypto news stories for those on the go, while the page itself has a nicely consistent visual style
