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15.03 / 21:11

business Blockchain Ethereum Event Recap events ETHDenver 2023: Cointelegraph afterparty delivers a ‘packed house’ and other notable events

In this episode of Decentralize with Cointelegraph, United States policy reporter Turner Wright and opinion editor Rudy Takala speak to listeners about their experiences at the ETHDenver conference from Feb. 24 to March 5. Wright arrived in time to interview industry experts, check out a “hacker house” and watch developers go through the BUIDLWeek. Takala talks about the highlights of ETHDenver and how it compared, in his opinion, to better-organized conferences.

15.03 / 18:15

markets business Blockchain Technology Adoption stocks Primary vs. secondary markets: Key differences

Stock and crypto markets are essential components of the global financial system. These markets provide a platform for investors to buy and sell financial assets, which helps companies raise capital for investment and growth. Moreover, the stock and crypto markets play a crucial role in determining the value of an asset. The market price of a stock or cryptocurrency reflects the collective sentiment of investors about its prospects, which can impact its future growth potential.

15.03 / 18:00

business Adoption regulation Central Bank Cross-border CBDCs could provide smooth cross-border payments, says Bank of Israel official

At Tel Aviv FinTech Week 2023, Yoav Soffer, the advisor to the deputy governor at the Bank of Israel, touched on the topic of central bank digital currencies (CBDCs) as an efficient cross-border payment option.

15.03 / 17:59

business Blockchain Adoption Tokens Tokenized mortgages can prevent another housing bubble crisis, says Casper exec

The 2008 financial crisis was a devastating time for many, as the collapse of the United States real estate market caused ripple effects impacting the employment and livelihoods of millions of people.

15.03 / 17:59

business Adoption NFT retail First NFT real-world stores are setting a phygital trend

Located in Dubai, the business and crypto center of the Middle East and North Africa region, Fastex’s ftNFT shop became the world’s first physical NFT store, offering a seamless interaction between the real world and the digital universe. In a short time, it garnered wide acclaim for its unique concept, friendly staff and exceptional customer service.

15.03 / 17:59

business Blockchain Technology Banks Tech ‘AI can be defeated with cryptography,’ says Chelsea Manning at SXSW

Artificial intelligence (AI) has become a hot topic following the launch of ChatGPT, an AI chatbot created by research company OpenAI. Yet, while ChatGPT has the potential to write blogs and create crypto trading bots, some worry that AI could be harmful.

15.03 / 17:59

business Blockchain Money laundering Breaking: Europol seizes $46M from crypto mixer after $2.88B allegedly laundered

According to The European Union Agency for Law Enforcement Cooperation, commonly known as Europol, on March 15, the agency seized assets of cryptocurrency mixer ChipMixer for its alleged involvement in money laundering activities. Total assets seized include 1,909.4 Bitcoin (BTC) in 55 transactions amounting to 44.2 million euros ($46 million). Decentralized finance analyst ZachXBT previously alleged on Nov. 25, 2022, that the hacker(s) of defunct cryptocurrency exchange FTX laundered 360 BTC ($5.9 million) using ChipMixer after an $372 million exploit.

15.03 / 13:03

business Kucoin Stablecoin Altcoin Funding Chinese yuan KuCoin leads $10M funding for Chinese yuan stablecoin issuer

The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer.

15.03 / 10:31

business Adoption SVB mixup forces India's SVC Bank to issue a notice of clarification

The shockwaves caused by the collapse of Silicon Valley Bank (SVB) were felt by countless businesses, including a bank from India that had no relation with the California-based banking institution.

15.03 / 07:51

business regulation coinbase Banks Volatility Crypto.com regulatory Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty

Crypto bank Anchorage Digital announced it would be letting go of 75 employees, representing approximately 20% of its workforce, citing regulatory uncertainty in the United States as a factor in its decision.

15.03 / 07:29

business Technology Adoption Smart Contracts Test ChatGPT V4 aces the bar, SATs and can identify exploits in ETH contracts

GPT-4, the latest version of the Artificial Intelligence (AI) chatbot, ChatGPT, can pass high school tests and law school exams with scores ranking in the 90th percentile and has new processing capabilities that were not possible with the prior version.

15.03 / 05:05

business Stablecoin Tether Circle Market Capitalization Usd Coin reserves Circle CEO 'able to access' $3.3B of USDC's reserves at Silicon Valley Bank

Circle CEO and co-founder, Jeremy Allaire, confirmed that, as of March 13, the stablecoin issuer has been “able to access” its $3.3 billion of funds held with the collapsed bank, Silicon Valley Bank (SVB).

15.03 / 05:01

business UPS Platform Mobile Reddit Bitcoin Reddit back up: Site resolves 'major outage' after nearly 6 hours

Social media platform Reddit is back online after it identified and implemented a fix for a "major outage" that made browsing impossible for desktop and mobile users for almost six hours.

14.03 / 23:53

business Banks NOT Signature Bank regulator says it was closed for not providing data: Report

The New York Department of Financial Services (NYDFS) shut down Signature Bank for “failing to provide consistent and reliable data” and not because of a bias against crypto, according to a March 14 report from the International Business Times. Signature Bank Board Member Barney Frank had previously accused the regulatory agency of shutting it down merely to “send a very strong anti-crypto message.”

14.03 / 23:25

markets business Blockchain Fraud Banks banking Signature Bank and former executives sued by shareholders for alleged fraud

On March 14, a class action lawsuit was filed against the recently shut down crypto-friendly, New York-based Signature Bank, and its former chief executive office, Joseph DePaolo, chief financial officer, Stephen Wyremski, and chief operating officer, Eric Howell, for allegedly committing fraud Reuters reported.

14.03 / 22:45

business Investments Scams Bitcoin NatWest bank puts $6K monthly limit to crypto exchange payments

NatWest, a retail and commercial bank in the United Kingdom, is taking measures to protect customers from potential crypto losses amid Bitcoin (BTC) hitting multi-month highs.

14.03 / 19:39

markets business Banks Central Bank banking Silicon Valley Silicon Valley Bank was the tip of a banking iceberg

Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in store at a given point in time — a concept known as fractional banking. On one hand, the difference between the interest on the loans and the interest paid to depositors is referred to as the net interest margin and determines a bank’s profitability. On the other hand, the difference between the assets and liabilities is referred to as their equity and determines the bank’s resilience to external shocks.

14.03 / 18:23

business Banks banking SVB Silvergate Signature Bank SVB and Silvergate are out, but major banks are still backing crypto firms

Over the last week, the collapse of three of the largest banks backing the crypto scene — Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank — has many industry pundits wondering how United States-based crypto companies will fare after such losses.

14.03 / 16:57

business Technology Adoption Software Coding How to solve coding problems using ChatGPT?

Here’s how one can use ChatGPT’s abilities to solve coding problems:

14.03 / 15:19

business Stablecoin regulation wallet FTX FTX-related stablecoins on the move: $145M transferred to crypto exchanges

Amid multiple ongoing investigations, FTX continues to move funds. Addresses related to the failed crypto exchange reportedly transferred around $145 million in stablecoins to various platforms.

14.03 / 15:19

business Tether SVB Silvergate Usd Coin Bitcoin Signature Bank SVB crisis: Here are the crypto firms denying exposure to troubled US banks

Amid the ongoing United States banking crisis, several major cryptocurrency firms have denied exposure to dissolved U.S. banks like Silicon Valley Bank (SVB).

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