In a joint statement released by three United States federal agencies, the banking sector is advised not to create new risk management principles to combat liquidity risks resulting from the vulnerability of the crypto asset market. The Board of Governors…
The Polygon Network will start Zero Knowledge Ethereum Virtual Machine Beta by March. The community has been looking forward to its launch as part of Polygon’s upcoming development. Also, the hype helped propel MATIC with its excellent performance over the…
The Central Bank of Jordan is closer to the next step towards a retail central bank digital currency (rCBDC) by finalizing an International Monetary Fund technical report on the country’s market. The IMF undertook a three-month mission last year to…
According to a recent announcement by Oasis Network on February 24, the decentralized finance (DeFi) platform has partnered with whitehat hackers to recover funds stolen from the Solana Bridge Wormhole. On February 2nd, the Wormhole was hacked, and approximately $326…
During the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s presidency, members were invited to discuss financial stability and key regulatory priorities, among other policy approaches. India urged the member countries to build and understand the…
The use of crypto for donations and purchases is not a new concept. However, the ongoing conflict between Ukraine and Russia has given the advantage of using digital currency for military aid. When Russia began its invasion of Ukraine in…
According to data from Nansen, nonfungible token (NFT) whale Jeffrey Hwang – known as Machi Big Brother – spent 1,010 tokens for a total of 11,680 Ether (ETH) or $18.6 million in 48 hours. In a February 25 Twitter thread,…
With the crypto industry evolving, some entities still have a different view of the ecosystem. While some believe it’s all a scam, some see great potential and believe the industry has a bright future. In today’s news, the western state…
The recent price rally of Bitcoin (BTC) from $16,500 to $25,000 can be attributed to the short term in the futures market and the recent macroeconomic improvement. However, when prices rise, data shows that many interested buyers (including whales) are…
Police have moved to arrest a former Massachusetts state utility worker for allegedly stealing nearly $18,000 in electricity to run an illegal crypto mining operation. according to reportthe accused, Nadeem Nahas, set up a secret crypto-mining facility in the crawl…