The U.S. government is in the business of bailing out banks. Source
Month: March 2023
How Web3 Animation Project ‘The Gimmicks’ Survives a Crypto Winter
When the going gets tough, the tough get “DIC punches.” In the world of “The Gimmicks,” a Web3 animation project, “DIC punch” stands for “decentralized inclusive community,” but it’s pronounced “dick punch,” and they are a way for people to say hello to each other, like the Facebook “poke.” Source
SEC Is 'Completely Out Of Control,' Says a16z Crypto's Head of Policy
CryptoX – Cryptocurrency Analysis and News Portal At the annual Futures Industry Association conference in Boca Raton, representatives from crypto companies argued the lack of regulatory clarity would stifle US innovation. Source The post SEC Is 'Completely Out Of Control,' Says a16z Crypto's Head of Policy appeared first on CryptoX. CryptoX Portal
How Sports DAOs Can Offer Fans a Piece of the Action
To do that, we’ll have to develop industry-standard frameworks for different types of DAOs, such as investment DAOs, service DAOs and, of course, sports team DAOs. In other words, we need DAOs-as-a-service, but before that we need accelerators, cohorts and meetups focused on educating those with zero crypto knowledge. Source
NatWest bank puts $6K monthly limit to crypto exchange payments
NatWest, a retail and commercial bank in the United Kingdom, is taking measures to protect customers from potential crypto losses amid Bitcoin (BTC) hitting multi-month highs. On March 14, NatWest introduced major restrictions on payments to cryptocurrency exchanges, imposing daily and monthly caps for such transactions. According to an announcement shared with Cointelegraph, NatWest has set a 1,000 British pounds ($1,216) limit for daily transactions involving crypto exchanges. The bank has also imposed a 30-day payment limit of 5,000 GBP ($6,080). The latest restrictions by NatWest aim to help protect…
Bitcoin का Amazing Data नही देखा होगा | Bitcoin Price Hindi | Crypto Market News
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This video is only for Educational Purpose only . Not a financial advice or buy-sell Advice. Please Do Your own research. in this video we show a amazing data of #bitcoinprice and also show you what is #crypto market current scenerio. Bitcoin का Amazing Data नही देखा होगा | Bitcoin Price Hindi | Crypto Market News TELEGRAM : TWITTER : SUBSCRIBE OUR NEW YOUTUBE CHANNEL क्रिप्टो उत्पाद और एनएफटी अनियमित हैं और अत्यधिक जोखिम भरे हो सकते हैं। इस तरह के लेनदेन…
Argo Blockchain Reports Zero Exposure To SVB And Silvergate Bank, Here’s Why
In a recent tweet, Argo Blockchain PLC revealed that it has no exposure to the shuttered SVB and Silvergate banks. It also shared a post responding to the bank issues, declaring that neither the Argo blockchain nor its subsidiaries are exposed to the risks stemming from the bank closures. As such, its operations will continue regardless of the collapse of these banks. The collapse of some top banks recently created chaos in the crypto market and affected many firms. A notable example is the shutdown of Silvergate and Silicon Valley…
Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos
While LUSD is meant to retain its dollar peg, Liquidity’s secondary token LUSD has seen the upside. LQTY, which has a total supply of 100 million and a market capitalization of $314 million, per CoinGecko, captures the fee revenue generated by the Liquity protocol, which are then paid out to stakers. Source
Gibraltar’s Xapo Bank Enables GBP Payments, Prepares USDC Option Amid U.S. Crypto Banking Crisis
“From today we have also added support for GBP through the Faster Payments network, meaning members will be able to make payments directly to U.K. wallets or banks,” said Seamus Rocca, CEO of the retail-focused bank, in a statement to CryptoX on Tuesday. Xapo also will activate USDC payments this week, enabling its users to send and receive the stablecoin directly to their Xapo bank accounts without any fees, Rocca said. Source BankBankingCrisisCryptoEnablesGBPGibraltarsOptionPaymentsPreparesU.SUSDCXapo CryptoX Portal
Cybersecurity Firm Halborn Warns of Zero-Day Vulnerabilities in Over 280 Blockchain Networks
A cybersecurity firm, Halborn, has recently warned of a vulnerability that could put over 280 blockchain networks at risk of zero-day exploits, potentially exposing at least $25 billion worth of crypto. The vulnerability, which Halborn has dubbed “Rab13s,” could have significant consequences for the affected networks, and Halborn has already worked with some networks, such as Dogecoin, Litecoin, and Zcash, to institute a fix. The warning comes after Halborn was contracted in March 2022 to conduct a security review of Dogecoin’s codebase and found “several critical and exploitable vulnerabilities.” Halborn…