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Day: March 1, 2024

Trump’s Ethereum Meme Coin Holdings Hit $4 Million—Will He Dump?
Cryptocurrency

Trump’s Ethereum Meme Coin Holdings Hit $4 Million—Will He Dump?

ByAnshul March 1, 2024March 1, 2024

Former US President Donald Trump’s crypto portfolio is making headlines. The controversial figure now holds nearly $4 million worth of MAGA meme coins, and the crypto community is buzzing with…

Read More Trump’s Ethereum Meme Coin Holdings Hit $4 Million—Will He Dump?Continue

Hong Kong Amplifies e-CNY Pilot, Cross-Border Payment Revolution
Cryptocurrency

Hong Kong Amplifies e-CNY Pilot, Cross-Border Payment Revolution

ByGlitch March 1, 2024March 1, 2024

In a significant move towards digital finance innovation, Hong Kong is set to broaden the experimental scope of e-CNY, China’s central bank digital currency (CBDC), aiming to revolutionize cross-border payment…

Read More Hong Kong Amplifies e-CNY Pilot, Cross-Border Payment RevolutionContinue

Gemini to Restore $1.1 Billion to Users Amid Genesis Bankruptcy
Web3

Gemini to Restore $1.1 Billion to Users Amid Genesis Bankruptcy

Bybennysteele March 1, 2024March 1, 2024

New York-based cryptocurrency exchange Gemini has set a precedent in the crypto lending space by reaching a preliminary settlement to return a staggering $1.1 billion in digital assets to users…

Read More Gemini to Restore $1.1 Billion to Users Amid Genesis BankruptcyContinue

El Salvador’s Bitcoin Gamble Pays Off: A Defiant Victory Against Critics
Cryptocurrency

El Salvador’s Bitcoin Gamble Pays Off: A Defiant Victory Against Critics

ByGlitch March 1, 2024

El Salvador President Nayib Bukele has taken to Twitter to silence critics of his country’s embrace of Bitcoin (BTC). With a defiant tone, Bukele highlighted that El Salvador would have…

Read More El Salvador’s Bitcoin Gamble Pays Off: A Defiant Victory Against CriticsContinue

Web3 Gaming’s Evolution: Beyond Token Incentives to True Utility
Gaming

Web3 Gaming’s Evolution: Beyond Token Incentives to True Utility

Bybennysteele March 1, 2024March 1, 2024

The Sandbox co-founder Sébastien Borget highlighted a growing impatience among Web3 gamers towards games that rely solely on token incentives without providing real utility. In a dynamic panel featuring leaders…

Read More Web3 Gaming’s Evolution: Beyond Token Incentives to True UtilityContinue

Sierra Club Advocates for Insight on Crypto Mining’s Energy Impact
Cryptocurrency

Sierra Club Advocates for Insight on Crypto Mining’s Energy Impact

ByAnshul March 1, 2024

The Sierra Club, a leading environmental organization, has stressed the critical need for detailed information on the energy consumption of cryptocurrency mining operations. This appeal is aimed at understanding the…

Read More Sierra Club Advocates for Insight on Crypto Mining’s Energy ImpactContinue

SEC Questions Terraform Labs’ ‘Suspicious’ $166 Million Lawyer Payment
Cryptocurrency

SEC Questions Terraform Labs’ ‘Suspicious’ $166 Million Lawyer Payment

ByGlitch March 1, 2024

The U.S. Securities and Exchange Commission (SEC) has ignited a new firestorm in the ongoing saga of Terraform Labs and the collapse of its stablecoin, TerraUSD (UST). In a court…

Read More SEC Questions Terraform Labs’ ‘Suspicious’ $166 Million Lawyer PaymentContinue

$6 Million Seneca Exploit: A Stark Reminder of DeFi Security Vulnerabilities
Web3

$6 Million Seneca Exploit: A Stark Reminder of DeFi Security Vulnerabilities

Bybennysteele March 1, 2024

The world of decentralized finance (DeFi) witnessed another security breach as the stablecoin protocol Seneca fell victim to a $6 million exploit on the Ethereum and Arbitrum network. The incident…

Read More $6 Million Seneca Exploit: A Stark Reminder of DeFi Security VulnerabilitiesContinue

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