Category: Blockchain
First Republic Bank Slides To B2 From Baa1 After Moody’s New Rating
Moody’s Investors Service has recently downgraded First Republic Bank’s credit rating from Baa1 to B2. This is a significant downgrade for the bank, which has…
Research Shows CBDC Transactions Will Reach $213B By 2030
According to new research, payments involving central bank digital currency (CBDC) is expected to double by 2030 and reach $213 billion yearly. The researchers noted…
Coinbase Engages Australia’s Banking Officials To Discuss Local Cryptocurrency Regulations
Executives from Coinbase have been meeting privately with the Reserve Bank of Australia and Treasury executives to explore the future of cryptocurrency legislation in the…
Formfunction NFT Marketplace To Shut Down On March 29th; Here’s Why
Formfunction, a Solana-based NFT marketplace, intends to shut down amid a decline in NFT trading volume and prices. The NFT platform recently announced that it…
Bitcoin Price Resilient Amidst Deepening Banking Crisis
The banking crisis has sent shockwaves through the financial markets, with three banks already shut down and Credit Suisse on the brink of collapse. Investors…
Privacy-Based Blockchain Protocol Aztec Shuts Down Aztec Connect
Aztec Network, the privacy-based blockchain platform, recently announced that it plans to shut down its privacy infrastructure which serves as Ethereum’s encryption layer. The network’s…
OpenSea Patches Vulnerability That Could Expose Users’ Data
OpenSea, an Ethereum-based marketplace for nonfungible tokens (NFTs), has reportedly fixed a security flaw that could expose user data to hackers. Cybersecurity company Imperva was…
Binance To Launch Prepaid Crypto Card In Colombia
Binance, the foremost provider of blockchain and cryptocurrency infrastructure globally, has released its Binance Card product in Colombia. As one of Binance’s primary markets, with…
KuCoin’s Sale Of Unregistered Securities Draws Regulatory Scrutiny In New York
KuCoin, a popular cryptocurrency exchange, faces regulatory heat after New York State Attorney General Letitia James filed a lawsuit against the firm for selling unregistered…
US Lawmakers To Prevent Crypto Exodus With Latest Bill
Pro-crypto policymakers are reviving a bipartisan effort to prevent an exodus of innovation from the United States due to various regulators’ ongoing crackdown on the…
