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A major part of Ethereum‘s future roadmap is Account Abstraction(AA). AA focuses on the UI/UX (User Interface/User Experience) elements of Ethereum’s ecosystem. The aim of AA is to allow more user-friendly interactions between wallet developers, application developers, and end users. It is also aimed at making smart contract wallets that are natively supported on Ethereum.

Nonfungible tokens (NFTs) are not yet eligible to be classified as securities by the German Federal Financial Supervisory Authority (BaFin). The organization recommends categorizing NFTs on a case-by-case basis.

The Public Company Accounting Oversight Board’s (PCAOB) Office of the Investor Advocate recently issued an advisory for investors regarding the proof of reserve (PoR) reports by service providers, including audit firms registered with the PCAOB, to crypto entities such as exchanges and stablecoin issuers. 

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Robbo AI is a crypto trading platform that claims to make Bitcoin and altcoin trading more profitable and easy by offering tools that traders can use to conduct trades quickly without paying much attention to market conditions. The platform claims to have an onboard ML-enabled mechanism for that purpose.

As the cryptocurrency industry gains popularity, it is obvious that the number of entities being introduced to the sector shall increase too. There are multiple platforms today that allow users to trade cryptocurrency and boast several appealing features. This review aims to learn more about a similar trading platform called Immediate GP.

South Korea has recently announced a significant investment of 27.7 billion Korean won (US$21 million) into local services that aim to utilize the metaverse.

Local communities are always in the business of attracting businesses. A diverse foundation of companies in a region brings many things with it, including new residents, higher tax receipts, and more and better educational, recreational and health amenities.

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Bybit, the Singapore-based cryptocurrency exchange, has announced the launch of its new debit card that will allow users to make payments and withdraw cash using their cryptocurrency holdings. The Bybit card will operate on the Mastercard network and will initially allow fiat-based transactions by debiting cryptocurrency balances when used to pay for goods and services. The new service begins with the launch of a free virtual card for online purchases, while physical debit cards are set to be available in April 2023. The card will work with Bitcoin, Ether, Tether, USD Coin, and XRP balances on user accounts. Payments made with the Bybit card will automatically convert the balances of these initial cryptocurrencies into euros or pounds, depending on the user's country of residence.

Algorand-based wallets have been hit by security breaches in recent weeks, with MyAlgo and Algodex both experiencing hacks. MyAlgo urged users to withdraw their assets or rekey their funds after a February security breach that resulted in losses of around $9.2 million. In the past week, a targeted attack was carried out against a group of high-profile MyAlgo accounts. The cause of the breach is unknown, and the wallet provider has encouraged users to take precautionary measures to protect their assets. Meanwhile, Algodex revealed that a malicious actor infiltrated a company wallet on March 5, similar to what is happening in the Algorand ecosystem. Algodex moved the bulk of its USD Coin (USDC) and native Algodex (ALGX) tokens to secure locations, but the infiltrated wallet was responsible for providing extra liquidity to the ALGX token. The exchange confirmed that $25,000 in ALGX tokens allocated to provide liquidity rewards were taken, but it would replace this in full. The total loss from the theft was less than $55,000, and Algodex users and the liquidity of ALGX were not affected.

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Brazilian neobank Nubank, known for its crypto-friendly stance, has made headlines by hiring David Marcus, the former crypto chief at Meta (formerly Facebook), while simultaneously seeing a key member of its management team step down. The move comes hot on the heels of the bank's release of its own crypto asset.

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Gemini – a leading American-based crypto exchange – broke its silence on the ongoing reports of leading American banking institution – JPMorgan cutting ties with the crypto exchange. The crypto exchange claimed there was no change in its relationship status with the multi-national bank. Meanwhile, JPMorgan did not release a statement on the report as of press time.

Over the last few years, the U.S. government has accumulated massive amounts of BTC for law enforcement purposes. This BTC, for the most part, has remained dormant throughout the time it was being held by the U.S government. However, according to new data provided by Glassnode, this BTC has now started to move.