Month: March 2023

Arbitrum Site, Blockchain Scanner Down Ahead of ARB Airdrop

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BTC Below $28,000, ETH Falls Under $1,800 Following Fed Rate Hike – Market Updates Bitcoin News

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Bitcoin moved below $28,000 on Thursday, as markets reacted to the latest Federal Reserve interest rate hike. The Fed opted to increase rates by 25 basis points (bps) as many had anticipated, and signal one more hike this year. Ethereum was also lower on the news, falling below $1,800. Bitcoin Bitcoin (BTC) dropped below $28,000 on Thursday, as markets continued to react to the latest Federal Reserve rate hike. The Fed moved to increase rates by 25 basis points, whilst signaling that no cuts will be made this year. BTC/USD…

Crypto reform coming to US in 2023, says former White House chief of staff

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In the United States, crypto reform legislation isn’t the province of a single political party, and that’s why a former U.S. Congressman, who also played a prominent role in the Trump administration, believes that passage of a federal “digital assets” law this year is a real possibility. “Democrats aren’t all on one side; Republicans aren’t all on the other side,” said Mick Mulvaney — budget director and later acting White House chief of staff from January 2019 to March 2020 — further explaining: “I do think in this Congress, which…

SEC promotes self-custody and DeFi staking

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Staking on centralized exchanges and staking in decentralized finance (DeFi) are two distinct methods of participating in blockchain networks and earning rewards. While both involve holding onto and “staking” assets, the way they operate and the benefits they offer are different. Centralized exchanges offer staking as a way for users to earn rewards by holding onto specific cryptocurrencies within the exchange. The exchange acts as a centralized intermediary, meaning users have to trust the exchange to hold and secure their assets, as well as to distribute rewards accurately. On the…

The complicated relationship of ethics in Web3: PBW 2023

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Web3’s pervasiveness into mainstream industries has begun to raise questions about the ethics needed to operate in the space. During the second day of Paris Blockchain Week (PBW) 2023, a group of professionals from the ecosystem took the Venus de Milo stage to discuss the “Ethics of Web3.” The panel kicked off with moderator Moojan Ashghari, co-founder of Thousand Faces Web3 investment club, saying that the ethical framework or standard of technology will always lag behind the introduction of the technology. “This is the biggest challenge of ethics — what…

Crypto Platform Ziglu Courting Buyers After Robinhood Deal Collapses: Report

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1inch Network co-founder to crypto newbies: ‘Don’t trust anyone, verify’

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Sergej Kunz, the co-founder of decentralized finance (DeFi) protocol 1inch Network, sat down with Cointelegraph reporter Joseph Hall at the Paris Blockchain Week 2023. The duo discussed various topics, including the limitations of investing for normal people, what mass adoption looks like and big companies jumping into the Web3 space.  Starting off the interview, Kunz spoke about what people on the street may be interested in in terms of the Web3 space. According to the 1inch Network executive, normal people are often very interested in where to put their money…

How blockchain can help reimagine a new state in Africa

On episode 12 of Cointelegraph’s Hashing It Out podcast, Eche Emole, co-founder of Afropolitan, explains what it means to build a country on the blockchain. From an event and media company, Afropolitan has transitioned to a blockchain-based state of Africans on the continent and in the diaspora. Emole, an African in the diaspora with a political science, philosophy and law background, believes the nation-state experiment has failed in Africa. According to him, the existing state structures have stifled the development of people on the continent. “We truly believe that the nation-state…