Category: News
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…
US Banks Unite To Inject $30 Billion Into Struggling First Republic Bank
In a remarkable show of solidarity, a consortium of America’s biggest banks has injected a multi-billion dollar recovery fund deal into the struggling First Republic…
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…
Credit Suisse Secures $54 Billion Lifeline As Authorities Take Action To Avert Bank Crisis
On Thursday, Credit Suisse announced it would take out a $54 billion loan from the Swiss National Bank (SNB) to bolster liquidity and build investor…
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…
Judge Considers Removing Naomi Osaka And Shaq From FTX Lawsuit
A legal case against FTX, the defunct cryptocurrency exchange, is currently being reviewed by a judge to determine whether to dismiss the involvement of two…
