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Weekly overview

Coinbase new blockchain seen as ‘massive confidence vote’ for Ethereum

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

One Ethereum bull hopes the launch will help onboard a host of other crypto companies and financial institutions onto Ethereum. The Ethereum community appears to have taken a bullish view…

Continue ReadingCoinbase new blockchain seen as ‘massive confidence vote’ for Ethereum

Block’s Q4 Bitcoin revenue down 7% on crypto price decline

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines. Jack Dorsey’s payment company Block Inc. reported…

Continue ReadingBlock’s Q4 Bitcoin revenue down 7% on crypto price decline

Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong…

Continue ReadingHong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express

US Federal Reserve denies Custodia Bank’s request for Fed supervision

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System. The United States Federal Reserve has denied a request…

Continue ReadingUS Federal Reserve denies Custodia Bank’s request for Fed supervision

IMF exec board endorses crypto policy framework, including no crypto as legal tender

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador. The executive board of…

Continue ReadingIMF exec board endorses crypto policy framework, including no crypto as legal tender

Snow Crash manuscript that coined the term ‘metaverse’ to be auctioned by Sotheby’s

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The manuscript is part of a larger series of physical and digital items related to the famous book. The original manuscript of Neil Stephenson’s Snow Crash, the book that coined the…

Continue ReadingSnow Crash manuscript that coined the term ‘metaverse’ to be auctioned by Sotheby’s

MEXC Global publishes proof of reserves after monthlong testing

  • Post author:admin
  • Post published:February 24, 2023
  • Post category:Weekly overview

The report shows high reserve ratios for USDT, USDC, BTC and ETH. On Feb. 22, cryptocurrency exchange MEXC Global released its proof-of-reserves (PoR) snapshot after 45 days of testing. In…

Continue ReadingMEXC Global publishes proof of reserves after monthlong testing
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