Category : Cryptocoins News

Cryptocoins News

NFT project Doodles pivots to become media franchise

Doodles, an NFT project, has announced plans to pivot to become a media franchise. The move is intended to focus on loyal collectors and move away from financial speculators. (Read More)

NFT Trading Volumes Plunge After Silicon Valley Bank Collapse

NFT trading volumes dropped from $74 million to $36 million after the collapse of Silicon Valley Bank. Daily NFT sales count also fell by 27.9% between March 9 and March 11, and active NFT traders hit a low of 11,440 on March 11, the lowest recorded...

Euler Finance Audited 10 Times Before $196 Million Attack

Euler Finance, an Ethereum-based lending protocol, underwent 10 audits from six different firms in two years before it suffered a $196 million flash loan attack. Despite this, the audits deemed the platform "nothing higher than low risk" with "no out...

Lightning Labs and Tari Labs agree to halt Taro protocol development

Lightning Labs and Tari Labs agreed to halt the development of the Taro protocol, after a temporary restraining order was converted into a preliminary injunction by the courts. The order was issued due to Tari Labs' claims that the name Taro infringe...

SEC Scholars Program Opens Applications for Fall 2023 Internship

The SEC is accepting applications for its Scholars Program for Fall 2023. The program offers internships for undergraduate and graduate students in business and legal programs. The traineeships are paid and range from $15.09 to $35.27 per hour. The S...

Signum Digital Receives Approval for Security Token Offering Platform

Signum Digital, a joint venture of Coinstreet and Somerley, has received approval-in-principle from Hong Kong Securities and Futures Commission for its security token offering platform called CS-Pro. The platform will allow investment in tangible ass...

Microsoft reportedly testing Edge browser web3 wallet integration

The supposed screenshots show a noncustodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge. Microsoft is reportedly working on integrating a crypto...

Real-world assets tokenization lacks infrastructure, not just regulation

Assets tokenization has been held back by lack of infrastructure and regulatory standards worldwide. The next generation of securities and asset tokenization has been...

Protego’s conditional national bank status expired without approval: Report

In a week when the crypto industry — and the rest of the world — was beset by bad news about banking, one more banking setback has come to light. Institutional crypto...

Congress announces March 29 hearing into failures of SVB and Signature Bank

According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the bottom” of the banks’ failures. Representatives from the F...

FTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings 'undetermined'

The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added “limited information” was available on crypto donations....

DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined

DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC based protocol in...

Coinbase ($COIN) Is Looking To Set Up A New Overseas Trading Platform

Coinbase is reportedly looking to set up a trading platform outside the United States.& The American has discussed the venture with its institutional clients and market makers.& The report of the new trading platform comes amid a crackdown o...

USDC depeg will hinder stablecoins’ growth, increase regulatory scrutiny — Moody’s

“Financial institutions may reconsider adopting stablecoins to settle agreements involving tokenized securities out of concern over the coins’ potential volatility,” Moody’s said....

Binance replaces BUSD in SAFU fund with TUSD and USDT

Binance assured users that the change would not impact them in any way and that their funds would continue to be held in publicly verifiable addresses. Cryptocurrency...

Crypto market cap reclaims $1T, and derivatives point to further upside

Bitcoin’s performance has outpaced Warren Buffett’s Berkshire Hathaway over the past six months, with crypto markets appearing to have turned a corner. The total crypt...

What are buy and sell walls in crypto, and how can one identify them?

Whales can manipulate buy and sell orders because they can deploy excessive capital into the market. In cryptocurrency trading, a “buy wall” is a massive buy order, or...

Coinbase is planning to set up crypto trading platform outside US: Report

The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks. Cryptocurrency...

Crypto Biz: SVB collapses, USDC depegs, Bitcoin still up

Turmoil in traditional finance spilled over into Bitcoin and crypto markets, forcing federal regulators to step in. Crypto investors should know by now that it doesn’t...

Did regulators intentionally cause a run on banks?

Silicon Valley Bank and Silvergate Bank were crucial to many in the cryptocurrency industry, and it’s fueling theories that regulators encouraged their downfall. Globa...

Metacade’s Presale Hits $10.9m in April 2023. 5 Reasons MCADE Tokens Are The Best Investments Today.

Newcomer Metacade has made a huge splash since appearing on the crypto scene, establishing itself as a high-potential investment opportunity that could produce substantial profits for those taking advantage of the discount prices available in the pro...

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