In the digital currency world, Bitcoin and Ethereum are champions, with superpowers that they can do things that regular money cannot. However, some people prefer Bitcoin while others Ethereum; the duo has made things easier. Bitcoin is like a bar of digital gold and is suitable for keeping your money safe because it is difficult…
Nassim Taleb, the author of “Black Swan,” has criticized Monero, a privacy coin that has been touted as untraceable, claiming that it can be traced due to the coin’s lead developer being an informant for Interpol. Taleb was previously informed that Monero could not be traced, but he now believes this is untrue. Cyber protection…
There is a history of conflict and strain in the interaction between cryptocurrencies and financial institutions. Meanwhile, Signature Bank was first closed down by the New York State Department of Financial Services (NYFDS) as a precaution to safeguard account holders and guarantee they would get their money. Flagstar Bank, a banking institution established in Michigan,…
Coinbase has done an assessment study to ascertain whether ChatGPT can be used to perform security scrutiny for ERC-20 tokens. Although it did not produce the expected results, Coinbase records that there is a possibility. Coinbase wants to try a new way of doing things in the crypto market by using ChatGPT to conduct exchanges….
Hackers Took Over Cryptocurrency ATMs Overtveldt Advocates for a Tight Prohibition on Cryptocurrency Hackers Took Over Cryptocurrency ATMs General Bytes, the world’s leading maker of bitcoin automated teller machines (ATMs), reported a significant security breach on March 17th. As a result, 9,505 ATMs have been created by the firm, many of which are found in…
After the recent downfall of financial institutions in the United States, lawmakers have raised concerns regarding cryptocurrencies. A group of senators recently held a discussion to share their opinions on the matter. During Thursday’s Senate Finance Committee hearing, Senator Michael Bennet expressed his displeasure towards banks that partner with cryptocurrencies. At the same time, the…
Based on the launch roadmap, the Terraport team has scheduled the release of version one on March 31, which is set to occur three days after the token distribution event. This timeline indicates that the group is progressing significantly towards their goal and working diligently to meet their release deadline. TerraCVita’s DeFi ecosystem, Terraport, which…
During GDC 2023, Intella X will exhibit Web3 gaming Trial Run of the Shapella Hard Fork for Ethereum Withdrawals on the Beacon Chain During GDC 2023, Intella X will exhibit Web3 gaming The well-known South Korean gaming business NEOWIZ has announced that Polygon Labs and its cutting-edge Web3 gaming technology, Intella X, will show at…
At the start of the week, the trading session took a toll on USDC and Other Cryptocurrencies Following United States Authorities’ Measures to Mitigate Silicon Valley Bank’s Collapse. Circle’s USDC Reserves at Risk: SVB’s Closure by California Department of Financial Protection and Innovation Sends Stablecoin Plummeting to 0.87 dollars. “Circle’s USDC Reserves Further Under Scrutiny…
The Stacks protocol is a layer-2 scaling solution designed to enable smart-contract protocol on the Bitcoin network. The developers of Stacks have also developed the native token for a platform that is known as STX. However, recently STX is making the headlines due to the decline in its price on Monday, after seeing a massive…
The cryptocurrency industry is introduced with dozens of cryptocurrencies on a daily basis. However, not many cryptocurrencies are able to earn the spotlight. Only a handful of cryptocurrencies are able to gain market attention and investors then start investing in them. On the other hand, there are cryptocurrencies that gain a tremendous amount of growth…
A report has been published by European Central Bank (ECB) which sheds light on ECB’s progress in the ‘Digital Euro’ project. It was more than a year ago when ECB took up the project of Digital Euro on the pretext that it would benefit the region. Thereafter, ECB assured on several occasions that the project…
