Consensys acquires Wallet Guard to enhance MetaMask security
Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.
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Crypto Twitter unites to raise funds for community member’s cancer treatment
When a respected member of Crypto Twitter and the Deadfellas nonfungible token (NFT) community detailed the immense financial burden of his cancer treatment, the crypto community demonstrated its kindness and generosity by donating over $73,000 in funds.Yopi, known as @kuiyopi on Twitter, joined the crypto ecosystem in July 2021. He discovered that crypto served as a welcome distraction…

Stocks slide as dollar hits 4-month highs: Why Bitcoin price is slumping below $50K
The price of Bitcoin (BTC) is extending its slump below $49,000 on March 5 as the U.S. dollar index (DXY) reached the highest levels since November 2020. DXY (blue) vs. BTC/USD (orange). Source: TradingviewMeanwhile, the prospect of rising rates and a potential stock market top is putting downward pressure on equities and Bitcoin, causing the entire…

Philippines’ digital transformation could make it a new crypto hub
Binance, the cryptocurrency exchange, has recently acquired a virtual asset service provider (VASP) license from the Bank of Spain in order to operate in the country. In its ambitious expansion plans that the cryptocurrency exchange is persisting despite the global jump and market slump in the cryptoverse, there is another country that Binance is looking…

China Could Roll Out Its CBDC Without Anyone Realizing
Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change. 1896 Total views 35 Total shares China has emerged as the world’s leader in central bank digital currency, or CBDC, development, driving speculation surrounding the country’s domestic and international ambitions for its CBDC.Speaking…

Terra developers propose revised 95M LUNA ecosystem funding program
It is an update to the original 100M ecosystem funding proposal, which Terra developers say did not fit the community's needs. 202 Total views 2 Total shares On Monday, developers of the Terra ecosystem, which consists of Luna Classic (LUNC) — formerly known as Terra (LUN, TerraUSD (USTC), and Luna 2.0 (LUNA), proposed a revised…

Japanese Finance Giant SBI’s Crypto Subsidiary Backs Mobile Wallet BRD
SBI Crypto Investment, a subsidiary of the Japanese financial giant SBI Holdings, has invested in crypto firm Breadwinner AG, Cointelegraph Japan reports on Jan. 15.SBI’s crypto investment fund did not disclose the amount contributed to Switzerland-based Breadwinner, the developer of mobile crypto wallet BRD. According to the announcement, BRD operates in 170 countries and has…

Blockchain as an Infrastructure: A Deep Dive Into China’s DLT Strategy
There is an old saying in China: “Building the road is the first step to becoming rich.” Asian countries use infrastructure to boost the economy, and China is probably the most aggressive one — its annual average infrastructure spending is one of the highest at 8.3% of its gross domestic product from 2010 to 2015,…

Sam Bankman-Fried enters not guilty plea for all counts in federal court
The former FTX CEO faces eight criminal counts in the United States which could result in 115 years in jail should he be convicted. 155 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTFormer FTX chief executive officer Sam Bankman-Fried has pled not guilty to all charges he’s facing…