Author: e_cash_top

[ad_1] Ad In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to broaden the scope of future tests.…

[ad_1] Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 3 days ago…

[ad_1] Ad Non-fungible token (NFT) research tool NFT Inspect is making a surprise comeback after its acquisition by blockchain firm JVH Technology Inc. In a March 28 statement, JVH said its acquisition represents a significant milestone for the NFT industry. According to the team, NFT Inspect had made itself  “the premier destination for Web3 social…

[ad_1] Ad Cryptocurrency exchange OKX intends to apply for a Virtual Assets Service Provider (VASP) license to operate in the city-state, according to a March 28 press release. OKX is the latest crypto firm to look to set up shop in Hong Kong after the country’s pivot to a more crypto-friendly stance. The exchange’s General…

[ad_1] Ad Cooper & Kirk published a paper titled “Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto,” where the Washington D.C.-based law firm dives deep into the unlawful, unconstitutional, and arbitrary “backroom war on crypto” led by U.S. regulatory authorities. Crypto under fire A February tweet from Castle Island Ventures Partner Nic…

[ad_1] Quick Take The top 1% of addresses hold roughly 99% of the total supply of BUSD. A similar pattern occurred with the FTT token that was issued by FTX, where the top 1% holds 99% of the supply. Recent scrutiny comes after CFTC filing a lawsuit against Binance. Roughly $14 billion of BUSD has…

[ad_1] Circle’s USDC, the second-largest stablecoin on the market, is set to launch on Cosmos.  Circle first announced its intent to launch on Cosmos in September 2022, when it shared plans to make USDC available on five additional blockchains, including Arbitrum, NEAR, Optimism, and Polkadot. Noble, an issuance chain built on Cosmos, will act as…

[ad_1] Ad The cryptocurrency market cap saw net outflows of $40 billion over the last 24 hours and currently stands at $1.12 trillion — down 3.42% from $1.16 trillion. During the reporting period, Bitcoin and Ethereum’s market cap fell by 4.25% and 2.75% to $516.82 billion and  $210.35 billion, respectively. Except for XRP, other top…

[ad_1] Ad Hong Kong’s financial watchdogs are set to host a meeting to bring bankers and crypto firms together on April 28, according to a report by Bloomberg News. With the meeting, the Hong Kong Monetary Authority (HKMA) and the  Securities and Futures Commission of Hong Kong (SFC) hope to develop a feasible and effective…

[ad_1] Metaverse dreams at the House of Mickey Mouse have been put on hold after Disney laid off its 50-person metaverse team as part of a broader job cut. According to a March 27 Wall Street Journal report, Disney’s effort to streamline its business will affect its metaverse unit. The company is in the middle of…