BLOCKCHAIN

Banks appearing as validators dangers centralization — Everstake exec

[ad_1] New US regulatory steerage permitting banks to develop into validators for blockchain networks is a significant step for institutional adoption however worsens centralization dangers, Bohdan Opryshko, chief working officer of staking service supplier Everstake, advised Cointelegraph. On March 7, the US Workplace of the Comptroller of the Forex (OCC) eased its stance on how banks can engage with crypto, together with allowing banks to take part “in impartial node verification
BLOCKCHAIN

Axie Infinity’s new Web3 recreation, LVMH sued over NFT patent: Nifty Publication

[ad_1] On this week’s e-newsletter, try non-fungible token (NFT) gaming venture Axie Infinity’s new trailer for its upcoming Web3 recreation, Atia’s Legacy. In different information, luxurious trend big LVMH has been sued for NFT patent infringement, and NFT gross sales have tumbled by 63% since December 2024. Axie Infinity teases new Web3 recreation as NFT outlook turns constructiveBlockchain gaming venture Axie Infinity launched a trailer for its new Web3 recreation Atia’s
BLOCKCHAIN

The GENIUS stablecoin invoice is a CBDC computer virus — DeFi exec

[ad_1] The current GENIUS stablecoin invoice is merely a thinly veiled try and usher in central financial institution digital forex (CBDC) controls by means of privatized means, in keeping with Jean Rausis, co-founder of the Smardex decentralized buying and selling platform.In an announcement shared with Cointelegraph, Rausis stated that the US authorities will punish stablecoin issuers that don't adjust to the brand new regulatory framework, just like the European Union
BLOCKCHAIN

Crypto whale liquidated for $308M in leveraged Ether commerce

[ad_1] A big cryptocurrency dealer, often called a whale, misplaced greater than $308 million on a leveraged Ether place, underscoring the dangers of leveraged buying and selling throughout unstable market situations.An unknown crypto dealer was liquidated on their 50x leveraged lengthy place for over 160,234 Ether (ETH), price greater than $308 million on the time of writing, Hypurrscan knowledge reveals.Leveraged positions use borrowed cash to extend the dimensions of an
BLOCKCHAIN

Crypto whale liquidated for $308M in leveraged Ether commerce

[ad_1] A big cryptocurrency dealer, often known as a whale, misplaced greater than $308 million on a leveraged Ether place, underscoring the dangers of leveraged buying and selling throughout risky market circumstances.The unknown crypto dealer was liquidated on their 50x leveraged lengthy place for over 160,234 Ether (ETH), price greater than $308 million on the time of writing, Hypurrscan information exhibits.Leveraged positions use borrowed cash to extend the scale of
BLOCKCHAIN

Finish of $36T US debt ceiling suspension

[ad_1] Bitcoin’s subsequent important worth catalyst could arrive this Friday as the US debt suspension interval involves an finish, doubtlessly injecting contemporary liquidity into markets and driving a worth rebound.The US Treasury hit its $36 trillion debt ceiling a day after President-elect Donald Trump’s inauguration on Jan. 20. Treasury Secretary Janet Yellen announced a “debt issuance suspension interval” starting Jan. 21, which is about to final till March 14, in
BLOCKCHAIN

Web3 gaming buyers not throwing cash at ‘Axie killers’

[ad_1] The Web3 gaming {industry} is going through tighter funding situations as capital flows turn into extra selective, with buyers prioritizing sustainable initiatives over hype-driven fundraising.In February, Gunzilla Video games Web3 director Theodore Agranat described blockchain gaming as a “recreation of musical chairs” through which the identical capital cycles through different projects and “no new cash” is available in. The chief additionally mentioned customers go from venture to venture to
BLOCKCHAIN

Web3 gaming traders now not throwing cash at ‘Axie killers’

[ad_1] The Web3 gaming {industry} is going through tighter funding circumstances as capital flows change into extra selective, with traders prioritizing sustainable tasks over hype-driven fundraising.In February, Gunzilla Video games Web3 director Theodore Agranat described blockchain gaming as a “sport of musical chairs” during which the identical capital cycles through different projects and “no new cash” is available in. The chief additionally mentioned customers go from mission to mission to
BLOCKCHAIN

America should again pro-stablecoin legal guidelines, reject CBDCs — US Rep. Emmer

[ad_1] US Consultant Tom Emmer argued for prioritizing pro-stablecoin laws in a March 11 Home Monetary Providers Committee listening to, whereas calling central financial institution digital currencies (CBDC) a risk to American values.On March 6, Emmer reintroduced the CBDC Anti-Surveillance State Act within the Home of Representatives. Emmer renewed his name for Congress to cross the laws on the March 11 listening to. The laws goals to dam future administrations
BLOCKCHAIN

Hanging a stability between innovation and regulation

[ad_1] Opinion by: Mohammed Idris, Minister of Info of NigeriaNigeria has emerged as one of the energetic and dynamic crypto markets in recent times. From bustling tech hubs in Lagos to grassroots communities in smaller cities, younger Nigerians have turned to cryptocurrencies to handle elementary financial challenges, from hedging towards inflation to accessing world markets in a manner conventional finance typically doesn't permit.As minister of knowledge, I've seen firsthand how