Libeara, FundBridge launch US treasury fund on Avalanche
Demand is surging for tokenized RWAs offering low-risk yield from Treasury bills.
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Crypto Exchange QuadrigaCX Goes Offline, Claims Maintenance Issues
Canadian cryptocurrency exchange QuadrigaCX is down for maintenance, according to an announcement on its webpage on Jan. 28. The exchange, which has been wrapped up in legal troubles with the Canadian Imperial Bank of Commerce (CIBC), is inaccessible as of press time.Screenshot of QuadrigaCX Webpage. Source: QuadrigaCXThe exchanges users, some of whom have purportedly been…
Crypto Skeptic Massachusetts Secretary Creates Fintech Advisory Group
The office of the Secretary of the Commonwealth of Massachusetts, which oversees the state’s securities regulator, has reportedly formed a fintech advisory group, banking trade publication American Banker reports on March 7.The office of Secretary William Gavin has reportedly formed a group comprising representatives from Eastern Bank in Boston, a blockchain firm called Arwen, academics…
EU Central Bank Won’t Add Bitcoin to Reserves — Says Its Not a Currency
The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session.Responding to a private query as part of its regular interactive Twitter program, which it administers under the hashtag ‘#AskECB,’ the bank said it had no plans to add bitcoin…
Sky Mavis co-founder breaks down Ronin’s surge in active users
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity.
Raydium is attacked, loses $2M
The team said that authority over the automated market maker and farm programs has been paused “for now.” 2102 Total views 11 Total shares Own this piece of crypto history Collect this article as NFTSolana-based decentralized finance protocol Raydium has suffered an exploit, according to a statement from the developer. An initial investigation by the…
Saudi Arabia’s Riyadh may be crypto’s sleeping giant: Crypto City Guide
While crypto may still operate in a gray space in Saudi Arabia, the country’s talent pool and burgeoning gaming sector hold promise for Web3.
FTX Foundation staffer fights for $275K bonus promised by SBF
FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud. 53 Total views 4 Total shares An employee of FTX’s charity wing recruited by FTX co-founder Sam Bankman-Fried is trying to get paid $275,000, the remainder of his claimed 2022 salary bonus.Ross Rheingans-Yoo's lawyers
StackOverflow Developer Survey: 80% of Organizations Do Not Use Blockchain
Major developer community website StackOverflow has surveyed nearly 90,000 developers, and the results published on April 9 show that 80% of organizations are currently not using blockchain.As well, 12.7% of the developers responded that organizations use blockchain for non-currency applications, 4% for cryptocurrency-related applications, 2.1% accept crypto as payments and 1.3% are implementing their own…