European Blockchain Sandbox onboards 41 regulators in second cohort
The European Blockchain Sandbox Initiative expands with 41 regulators and authorities from 22 countries, boosting blockchain innovation and regulatory collaboration.
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SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days. The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator's recent legal actions against cryptocurrency exchanges Coinbase and Binance.According…
French central bank head announces beginning of wholesale digital euro project phase 2
The French presidency of the European Union winds down with the completion of wCBDC experiments, the design of a proprietary blockchain and an automated market maker platform. 231 Total views 3 Total shares The first phase of experiments with a wholesale digital euro has been completed, and Phase 2 experiments will begin this year, Banque…
Binance Dollar Exceeds $100 Million Cap ‒ 400% Growth
On March 10, the Binance Dollar’s (BUSD) market cap crossed the $100 million mark. This is the first time that the stable coin, created in partnership between Binance and Paxos Trust company, has achieved this milestone.BUSD growthCurrently, BUSD has the sixth highest market cap amongst stable coins. BUSD had a slow start, but has picked…
Ethereum transaction energy use equals 2.5 miles in a Tesla Model 3: Report
In contrast, a transaction on Tezos takes 0.0016 kWh or less than the energy required to charge an Apple Tablet for 10 minutes. 100 Tezos transactions is equivalent to driving 10 km in a Tesla Model 3. The energy use of the entire Tezos network is approximately equivalent to two households in the U.S. for…
Nifty News: 3 Bored Apes gone phishing, fantasy.top fees beat Tron and more
One unlucky BAYC holder just lost $167K in Bored Ape NFTs, Ronaldo’s still on the hook for Binance NFTs, and a fantasy influencer NFT game has topped Tron in fees.
Ethereum-Based Card Game from Horizon Raises $5 Million
Companies designing digital trading cards and online games are continuing to show their ability to rake in the big bucks in the blockchain world.According to TechCrunch, Horizon Blockchain Games raised $5 million in capital for their game SkyWeaver. The principal investors included Initialized Capital, with additional funds from Regah Ventures, ConsenSys, Digital Currency Group, Polychain…
VC funding into Web3 start-ups down 82% year-over-year: Crunchbase
According to data from Crunchbase, venture capital (VC) funding into Web3 start-ups tanked 82% year-over-year (YoY), declining from $9.1 billion in Q1 2022 to $1.7 billion in Q1 2023. Crunchbase News highlighted the data in an April 20 report, noting that the $1.7 billion figure for Q1 2023 also marks the lowest amount of Web3…
Roaring Kitty’s GameStop gains soar to $300M, billionaire status near
Roaring Kitty, one of the main orchestrators of the GME saga, could be on track to becoming the first GME billionaire if the pump continues.