News Editor
Bankrupty Court: Celsius Network custody accounts to get 72.5% of their...
TL;DR Breakdown
United States Bankruptcy Judge Martin Glenn has approved a settlement plan concerning the bankruptcy case of the crypto lending platform Celsius Network
The agreement...
Nigeria’s CBDC adoption increases amid fiat currency shortage crisis
TL;DR Breakdown
Nigeria is witnessing increased adoption as its national fiat currency faces severe shortages.
The introduction of demonetization in Nigeria significantly reduced the circulating cash...
Ted Cruz tries to block CBDC … again – Here is...
TL;DR Breakdown
Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from developing a direct-to-consumer CBDC.
The bill is co-sponsored by Sens. Braun and...
Aavegotchi creators make history with epic multiyear token sale
Pixelcraft Studios, the developers of the popular metaverse game Aavegotchi, announced on Monday that it successfully raised $30 million in a multiyear token sale. However, this...
US presidential hopeful and the current governor of Florida calls for...
TL;DR Breakdown
Florida governor has proposed a law to ban CBDC.
Ron DeSantis claims Introduction of CBDC in the US gives the government more power over...
Banking crisis on the horizon? U.S. move to expand deposit insurance
TL;DR Breakdown
The US is considering expanding deposit insurance to guarantee all bank deposits in the event of a worsening banking crisis.
The current deposit insurance...
Coinbase urges SEC to clarify staking services as non-securities
TL;DR Breakdown
Coinbase wants SEC to clarify staking services as non-securities.
Getting the regulatory treatment of staking services wrong could harm crypto investors and stifle innovation.
The...
Polkadot price analysis: DOT price drops to $6.15 as market conditions...
TL;DR Breakdown
Polkadot price analysis is bearish today
Resistance for DOT/USD is present at $6.48
Support for DOT is seen at the $6.04 level
Polkadot price analysis shows a...
FTX’s LedgerX derivatives exchange set for auction on April 4 amid...
TL;DR Breakdown
FTX's LedgerX derivatives exchange is set to be auctioned on April 4, following revised dates filed by FTX's counsel.
The auction will take place...
Flagstar acquires Signature Bank but excludes its crypto operations
TL;DR Breakdown
Signature Bank is scheduled to sell its deposits and loans to Flagstar Bank minus deposits tied to cryptocurrencies.
The FDIC stated that it will...
