• Nasdaq aims to launch crypto custody services in the second quarter of this year. • The exchange operator is seeking regulatory approval as a crypto custodian. • Nasdaq will join other large financial firms such as BNY Mellon and Fidelity offering various services to the crypto market. Nasdaq Aiming for Crypto Custody Services U.S. […]
• Michael Burry compared the current banking turmoil to the Panic of 1907. • Robert Kiyosaki warned of ‚fake money‘ injections into the US economy and advised buying more bitcoin. • Credit Suisse received a 50 billion Swiss Franc bailout from the Swiss National Bank and Barney Frank suspects an „anti-crypto message“ behind it. Michael […]
• The South African rand fell to a new 2023 low of 18.636 local currency units for every dollar on March 7, due to the country’s power shortages and its recent grey-listing by the Financial Action Task Force (FATF). • South Africa is currently facing 10-hour power outages, prompting President Cyril Ramaphosa to appoint the […]
Pancakeswap v3 Launch • Pancakeswap announced that it plans to launch its version three (v3) iteration of the platform in April 2023. • The new application will include new features such as improved liquidity provisioning, competitive trading fees, trading incentives, and a better yield farming experience. • To celebrate the launch, Pancakeswap is offering an […]
• A bill designed to legalize the mining of cryptocurrencies will be resubmitted to Russian parliament for additional consultation. • The law aims to recognize mining as a legitimate business activity and oblige involved entities and persons to report their income to tax authorities. • Another bill is being prepared that will introduce liability for […]
• Felix Mutati, Zambia’s Minister of Technology and Science, has said that the Bank of Zambia and the country’s securities regulators are currently testing technology to regulate cryptocurrencies. • The goal is to help Zambia attain an “inclusive digital economy” and become the region’s technology hub. • The Bank of Zambia is hoping to use […]
• South Korea has imposed sanctions on North Korea for cyberattacks and cryptocurrency theft. • The sanctions target four individuals and seven entities associated with the North’s main intelligence agency, including the Lazarus Group and one of its members who is on the FBI Most Wanted list. • It is estimated that North Korean hackers […]
• Protocol Labs, the company behind the file storage blockchain network Filecoin, announced a 21% cut in staff due to “extremely challenging economic downturn” and crypto winter. • Other cryptocurrency and blockchain-focused companies have also experienced layoffs due to the current market conditions. • Filecoin’s native cryptocurrency (FIL) is ranked #35 in the crypto economy […]
• A new survey conducted by Nickel Digital Asset Management shows that institutional investors expect a strong year ahead for bitcoin and are confident about its long-term valuation. • The survey, which was conducted by market research company Pureprofile, interviewed 200 institutional investors and wealth managers across the U.S., U.K., Germany, Singapore, Switzerland, UAE, and […]
• Jeff Booth has warned of a “great depression on steroids” if the U.S. Federal Reserve keeps hiking interest rates. • Buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price movements in shiba inu. • Former FTX US president Brett Harrison has explained why he […]