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- coin news
“Conditions for digital asset rally are ripe” “If Bitcoin stays above $25K, $28K, $30K is the next stopping point” – Summary of expert comments
The cryptocurrency market rallied, with bitcoin exceeding $26,500 during the day on the 14th (New York local time). According to Bloomberg, Bitcoin has risen about 30% since the closure of Silicon Valley Bank (SVB) on the 10th. According to cryptocurrency derivatives data site Coinglass, about $230 million in cryptocurrency short positions have been liquidated in the past 24 hours. At 2:24 p.m. New York time, Bitcoin rose 5.69% from 24 hours ago to $25,561.61 on CoinMarketCap.
- coin news
Bitcoin Market Capitalization Ranked #11, Beating Meta
The bitcoinist reported on the 14th (New York local time) that bitcoin prices are continuing to rise and are aiming to re-enter the top 10 assets by market capitalization. According to Company MarketCap data, Bitcoin has surpassed Meta (formerly Facebook) to rank 11th by market cap with a market cap of about $469 billion. Gold, with a market capitalization of over $12 trillion, took first place, followed by Apple in second place, Microsoft in third place, and Saudi Aramco in fourth place. Silver rose to 5th in the asset ranking, followed by Alphabet (Google) at 6th and Amazon at 7th.
- coin news
Meta plans to cut about 10,000 employees
According to Decrypt, amidst Meta's announcement that it will stop supporting NFTs on its platform, it plans to lay off about 10,000 additional employees over the next few months. The layoffs will be implemented in phases, focusing on departments such as recruitment, technology, and business. In November of last year, Meta cut about 11,000 employees, equivalent to about 13% of its workforce at the time.
- coin news
720 million USDC burned
According to WhaleAlert, 720 million USDC was burned at USDC Treasury addresses.
- coin news
MetaMask, V10.25.0 Upgrade... Enhanced Privacy Protection
Metamask, which had concerns about information leakage last year, announced on its official Twitter the evening before that it had distributed V10.25.0 with enhanced privacy protection. In that version, an option was added to select an RPC node other than Infura when creating or running a wallet. In addition, the automatic transmission of data to Etherscan or jsDeliver has been improved so that users can choose.
- coin news
Crypto GPT Issues Its Own Token Today... Listed on 4 Exchanges
According to CoinDesk, the layer 2 network Crypto GPT based on ZK Rollup will issue its own token GPT on the 10th. The token will be listed on four exchanges, including Bitfinex, Bybit, and Bitget, which are cryptocurrency exchanges, at 20:00 (Korean time) on the same day. Crypto GPT said on its official website, “The Crypto GPT app allows users to monetize data through fitness, games, education, etc. It is a brand called AI2Learn. Currently, the app ecosystem has 2 million users.” Explained.
- coin news
U.S. Fed Vice-Chair "Stablecoins cause various confusion... Needs a cautious approach"
According to foreign media, Michael Barr, a former Ripple (XRP) board member and current Vice Chairman for Financial Supervision at the Federal Reserve, gave a speech on the 9th (local time) in relation to stablecoins, saying, “It is causing various confusion. Historically, such Assets are very cautious, and Fed Chairman Powell has also emphasized securing stability," he said. “As stablecoins are a form of private money, we need to take a cautious approach in many ways,” he said. It's not done," he added.
- coin news
Top 50 Cryptocurrency Volatility ‘Predictable’ – Risk Protocol Report
The volatility of major cryptocurrencies is predictable, argues digital asset investment platform The Risk Protocol in an analysis report. According to The Block on the 9th (local time in New York), Risk Protocol released a 44-page report evaluating the volatility of the top 50 cryptocurrencies. The company said it was able to use the insights gathered to create “sophisticated” statistical models that have been proven to predict volatility more accurately.
- coin news
Cryptocurrency CommunityBitcoin March Bearish Period
Pinbold reported on the 9th (New York hour) that the forecast of the lung community has also retreated as the price of bitcoin is struggling to rebound and has fallen by $22,000. The last of the price data prediction corners of the cryptocurrency market platform CoinMarketCap expected the price of Bitcoin to retreat to $ 21,192 on March 31st. More than 12,000 people participated in the CoinMarketCap community’s Bitcoin end-of-March price prediction table, but the average average forecast is about 2.4% lower than the current price.
- coin news
Santiment Expects Big Volatility After Cardano, FET, Maker Soar This Year
Cryptocurrency analysis firm Santiment predicted that volatility will surge this year after the price surge of Cardano (ADA), Fetch AI (FET), and Maker (MKR). According to the Daily News on the 3rd (New York local time), Santiment said that all three events can expect a big change in that whale activity is rapidly increasing recently. Cardano saw a 47% increase in daily trading volume of $100,000 or more, 68% for maker and 398% for FET.
- coin news
Elon Musk "Cryptocurrency, old interests... Now interested in AI"
Tesla CEO Elon Musk said on his Twitter, “I was interested in cryptocurrencies in the past, but now I am interested in artificial intelligence (AI).”
- coin news
Uniswap Launches Mobile Wallet Test App
Decentralized cryptocurrency exchange Uniswap (UNI) announced on its official Twitter that it had released a test app for its own self-custody open source mobile wallet. The wallet supports functions such as transferring assets between mainnets such as Polygon (MATIC), Arbitrum, and Optimism (OP), transferring ERC20 tokens and NFTs, and linking Ethereum (ETH) mainnet and layer 2-based applications. Currently, the app is open to the Apple Test Flight app, and is being tested with an initial 10,000 users. Based on CoinMarketCap, UNI is currently trading at $6.22, down 5.95%.
- coin news
Stablecoin movement amid Silvergate chaos – Bloomberg
Bloomberg reported on the 3rd (New York local time) that the movement of stablecoins has become active amid confusion in the cryptocurrency market due to the Silvergate Capital scandal. According to CoinGecko data, Tether (USDT) and USDC volumes increased during the early hours of the Indian trading session. USDT's 24-hour trading volume was $43.2 billion, up from $39.9 billion the previous day. At the same time, USDC trading volume also increased from $3.4 billion to $4 billion. The market caps of USDT and USDC also increased by $22 million and $589 million, respectively.
- coin news
Solana promises to improve network stability... Can the root problem be solved?
ZCrypto reported on the 3rd (New York local time) that Solana, a public chain that has been experiencing repeated network instability problems, has promised multilateral efforts to improve network stability. According to the report, Anatoly Yakovenko, CEO of Solana Labs, announced that "we will improve the software upgrade process to ensure the stability of the Solana network."
- coin news
ConsenSys Launches 3/28 zkEVM Public Testnet
According to CoinDesk, Ethereum (ETH) infrastructure and software developer ConsenSys announced that it will launch zkEVM public testnet on March 28 (local time). ConsenSys released a private beta version of its self-developed zkEVM testnet in December of last year, and so far the testnet has reportedly processed more than 350,000 transactions. zkEVM is one of the Ethereum scalability solutions, also called ZK Rollup.
- coin news
Tether Launches Plan₿ Business Hub in Lugano
Tether announced on its official website that it is launching a Plan₿ business hub in Lugano. The hub will attract more than 300 blockchain experts and talents and support networking between them. A year ago, Tether established a European Blockchain Technology Innovation and Dissemination Center in Lugano.
- coin news
"Able to retrieve lost Ethereum private key"... ERC-4337 token technology development
Ethereum developers announced at the ETH Denver WalletCon event on the 1st (New York local time) that they had developed the ERC-4337 token standard. According to The Defiant, ERC-4337 allows wallets to operate as programmable smart contracts, allowing users to It enables so-called account abstraction, in which users can retrieve lost private keys.
- coin news
[Cotoon] The US banking and financial system is outdated... accept cryptocurrency
Coinbase CEO Brian Armstrong recently told CNBC that the war between US regulators and the cryptocurrency industry could be damaging to the country's financial system. “For a long time, the United States has been a leader in global economic and political affairs. But now, a number of superpowers are challenging America's dominance,” he said. Congress has been delaying cryptocurrency-related legislation and has not officially classified it. As other countries implement regulations and guidelines for cryptocurrencies, the US risks falling behind technologically and politically. Embracing digital finance is the way forward. By embracing cryptocurrencies and digital finance, we will not only update the financial system, but also solidify the position of the United States.”
※ Cartoon (coin webtoon) is a cryptocurrency cartoon of Coin Leaders. The cartoonist is Jinho Kim. Artist Kim has been drawing current affairs cartoons for the Incheon Daily, Chungcheong Daily, Yeongnam Daily, Gyeongnam Daily, etc. for over 20 years, and his experience of drawing current affairs cartoons completely digitally since the early 2000s is noteworthy. Currently, he supplies cartoons to many Internet media outlets, including Financial Today, and works as an illustrator for mbn and Channel A.
- coin news
Analysis "BTC miner capitulation pattern is different from past cycles"
Coinshares analyst Christopher Bendiksen told Decrypt that Bitcoin miner copyulation (surrender) is taking on a completely different picture this cycle. It is a diagnosis that the related capital market has matured. He said, “In the past, when the efficiency of the capital market was much lower, miners sold their BTC and stopped the operation of the mining machine when the market situation was bad, but this time, the miners did not stop the operation of the mining machine. part," he said. He added that the market is paying attention to the Bitcoin halving scheduled for around April 2024 and the expected bull market to follow.
- coin news
Nimbus is hiring DevOps Engineers
Ethereum 2.0 client Nimbus announced on Twitter that it is hiring a DevOps (software development and operations) engineer. The engineers hired will be responsible for automating infrastructure deployment and scaling, and maintaining monitoring, recording and backup systems.
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Analyst "Miners Sold 3835 BTC Last Week"
According to YouTube, crypto analyst and trader Ali Martinez shared a chart showing that miners sold 3835 BTC ($88.2 million) last week. He speculated that miners might have predicted the BTC plunge.
- coin news
Uniswap Foundation launches Bridge Evaluation Committee... Due diligence on 8 bridges
The Uniswap Foundation announced on Twitter that it would launch the Uniswap Bridge Evaluation Committee and begin the evaluation process. Over the next few weeks, the evaluation committee will conduct due diligence on eight bridges and more. The eight are Accela, Celer, D-Bridge, Hyperlane, LaserZero, Multichain, Router Protocol, Wormhole, and Gnosis. After that, we plan to decide on a bridge for cross-chain deployment.
- coin news
Zigzag ZZ token airdrop complete...34% of supply
Zigzag (ZZ), a ZK rollup-based decentralized exchange (DEX) order book platform, announced this afternoon that it has completed an airdrop of 34% of the ZZ token supply to more than 100,000 users. ZZ holders can share commission income from ZK rollup, including spot/margin trading of upcoming DEXs and perpetual futures contracts.
- coin news
The dollar rose 2.7% in February... Observation of 'rebound temporary'
With the value of the dollar rebounding more than 2% last month, which had been on a downward trend since September last year, attention is focusing on which direction the dollar will move in the future.
The value of the dollar, which soared to a 20-year high in September of last year, continued to decline until January as the US central bank, the Federal Reserve, slowed down the pace of interest rate hikes.
However, last month, when US inflation and employment indicators showed favorable conditions again, the prospect that the Fed could tighten monetary policy has revived.
The dollar index, which measures the value of the dollar against six currencies, including the yen and the euro, hit bottom at 100.820 on the 2nd of last month this year and rose to 104.771 as of 4:56 pm on the 3rd of Korea time. The dollar index rose 2.7% in February.
According to the US CNN broadcast, Quincy Crosby, global chief strategist at LPL Financial, said, "The dollar is again at an important crossroads." diagnosed as having
According to a Reuters survey of 69 foreign exchange experts for three days until the 2nd, the value of the dollar is expected to weaken compared to all major currencies over the next 12 months.
As the global economy is recovering and the US started raising the base rate earlier than the eurozone (20 countries that use the euro), the end of the hike is expected to come sooner.
Lee Hardman, an economist at Japan's Mitsubishi UFG Financial Group (MUFG), said the dollar's strength last month was due to concerns about the Fed tightening its monetary policy. revealed
However, Reuters explained that although analysts in a similar survey predicted a weaker dollar over the past five years, it was only in 2020 that it became an actual forecast, and the short-term dollar investment position forecasts of 39 analysts participating in this survey were not uniform.
When asked how their dollar investment positions would change by the end of the month, 11 people expected a decrease in short positions betting on depreciation, while 10 expected the same, 12 expected a net increase in long positions betting on value appreciation, and 6 expected a net increase in short positions. did.
CNN reported that market investors are watching the Fed's Federal Open Market Committee (FOMC) meeting on the 21st and 22nd of this month, which will decide the US base rate, and the February employment and price indicators to be announced prior to it. It is of interest to see what remarks Federal Reserve Chairman Jerome Powell will make before the U.S. Senate Banking Committee on the 7th.
- coin news
Bkex Labs and DemixLab Successfully Conclude 'Crypto Networking Party'
BKEX Labs announced that on February 24th (Fri), the Crypto Networking Party was successfully completed at Cartel Cheongdam ‘(former) Cachoe Cheongdam’.
The event was organized and hosted by BKEX Labs, a blockchain VC, and the event was held by DemixLab, a domestic blockchain developer. In addition, digital asset management company Smart Pig, mainnet project Creta Chain, overseas projects FON CHAIN, BF Meta, KANOJO, HELLO, BG VERSE, and Andorpins NFT launched by Inscoby Co., Ltd. participated as projects.
The event was attended by more than 200 people from various countries, including Korea, China, Taiwan, Indonesia, and Canada, with a focus on people working in the crypto industry.
An official from BKEX Labs said, “This event was held as part of the purpose of discovering excellent Korean projects, and we will work in Korea to establish cooperative relationships with more Korean institutions.” He has experience in asset management and project incubation. In the early days, we focused on venture capital, and in the process of developing the exchange and investment business, we aim to become a blockchain unicorn driver by accumulating abundant resources and experience in technology development, project design, and operation.”
An official from DemixLab said, “As the Financial Services Commission recently allowed STO, the domestic crypto industry is expected to expand rapidly. “This event with BKEX Labs was a meaningful event that encompasses the domestic and international crypto industry, and we want to continue this kind of event to further increase the scale of the event.”
- coin news
Transfer 199,999,980 USDT... Binance → Tether Treasury
According to WhaleAlert, 199,999,980 USDT was transferred from Binance address to Tether Treasury address. It's 200 million dollars.
- coin news
ECB governor insists on raising interest rates after this month... Base rate expected to peak at 4%
Christine Lagarde, president of the European Central Bank (ECB), has insisted that interest rates continue to rise after March to keep inflation in the eurozone.
- coin news
Number of addresses holding more than 1 BTC, all-time high
According to Glassnode, the number of addresses holding 1 BTC or more reached 983,001, the highest ever.
- Ai maid
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Top 10 crypto industry news this week
Xangle, a virtual asset investment information data platform, summarized various news stories in the virtual asset industry this week as follows.
1. [Mainnet] Ethereum announces ERC-4337 distribution
2. [Mainnet] Polygon, polygon ID service officially launched
3. [Mainnet] Intechain-based Axelar VM release
4. [NFT] Yuga Labs, 'TwelveFold' collection unveiled
5. [NFT] Belygom migrates to Polygon at the same time as polygon and Daehong Communications partnership
6. [Game/Metaverse] The B Stars, Early Access release
7. [Game/Metaverse] Magic Eden, plans to release 13 types of web3 games
8. [Game/Metaverse] Summoners War: Chronicle joins the XPLA ecosystem
9. [Macro/Industry/Corporate] Crypto asset market plummets amid concerns over Silvergate's management difficulties
10. [Macro/Industry/Corporation] FTX, $8.9B of customer funds are missing
- coin news
97% of Payments Industry Leaders Say “Blockchain and Cryptocurrencies Have Potential”
According to a report released by Ripple (XRP) on the 2nd (local time), in a survey of more than 300 payment industry leaders in 45 countries, 97% of respondents said, “Blockchain and cryptocurrency are the next 3 We believe it has the potential to accelerate the payment process within a year.” Respondents explained that “payment infrastructure via blockchain and cryptocurrencies has the advantage of being faster, more efficient and less expensive than traditional infrastructure.” In addition, 90% of the respondents in the survey answered, "Especially in cross-border payments, it is possible to build an efficient solution using cryptocurrency."
- coin news
CleanSpark Mined 576 BTC in February... Cashed out 778 BTC
Bitcoin miner CleanSpark said in a press release that it mined a total of 576 BTC in February, and about 1,273 BTC this year. In addition, Cleanspark cashed in about 778 BTC at an average unit price of $23,000 in February to cover operating expenses. Cleanspark's holding hash rate in February was 6.6 EH/s, and as of February 28, it holds 100 BTC.
- coin news
BitMEX Co-Founder "Energy Conflict Between Great Powers... Impacts BTC Mining"
BitMEX co-founder Arthur Hayes diagnosed on his blog that the energy conflict between the great powers will also affect the Bitcoin mining industry. “Oil resources play a major role in political conflicts around the world,” he said. .
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Circle CEO: "Developers and Entrepreneurs Are Afraid to Build Blockchain Apps in the US"
“US developers and entrepreneurs are increasingly afraid to build blockchain software apps in the US,” Jeremy Allaire, CEO of Circle, issuer of stablecoin USDC, tweeted. Regarding this, he added, "The Circle is also expanding its areas such as developer programs, events, and hackathons, but it is worth noting that most of them are held outside the United States."
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Nevada is the state with the most interest in cryptocurrencies in the US
Citing data from Cryptobetting.org, BeInCrypto reported that Nevada is the state with the most interest in cryptocurrencies in the United States. Analyzing search interest for crypto terms by region, Nevada topped the list, followed by California, New York, New Jersey and Washington. The media explained, "Nevada is implementing cryptocurrency-friendly policies, such as legally recognizing blockchain technology for the first time in the United States in 2019."
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Top 100 Ethereum Whale Wallets, 24 Hour WETH/MATIC Accumulation
The top 100 Ethereum whale wallets have bought the most tokens in the last 24 hours: Excluding stablecoins.
1. WETH $246,414
2. MATIC $82,524
3. YFI $40,503
4. WBTC $31,846
5. GALA $21,688
6. FTM $20,285
7. CVX $11,234
Coinness is collaborating with Whalestats to track the top 100 Ethereum wallets, excluding exchanges and project wallets.
- coin news
Musk pays back top rich man for Tesla plunge
As Tesla's stock price plummeted after the 'Investor Day' event, CEO Elon Musk (CE0) gave up his position as the richest person again in two days.
According to Business Insider, an economic media outlet, on the 2nd (local time), Tesla shares slipped 5.7% in after-hours trading the previous day, and Musk fell one notch to second place in the billionaire rankings compiled by Bloomberg Communications.
On the 27th, Musk's stock price soared, beating Chairman Arno and becoming the richest man, but he gave up the throne again in two days.
According to the Bloomberg Billionaires Index, as of this day, the net worth gap between the two widened further, with Arno recording $187 billion and Musk $176 billion, respectively.
In the ranking of billionaires compiled by economic magazine Forbes, Arnault's net worth was $211.2 billion, surpassing Musk ($186.9 billion).
Tesla stock fell 5.85% on the New York Stock Exchange that day, pulling up at $190.90.
At the’Investor Day’ event held the day before, when specific details about the so-called’half-price Tesla’ new car were not announced, disappointment poured out.
Tesla management announced that it would reduce the assembly cost of next-generation vehicles by nearly half by improving the electric vehicle manufacturing process through the’Master Plan 3’ unveiled at the’Investor Day’ event.
However, Tesla did not disclose more specifics about the half-price electric vehicle that Wall Street expected, and did not release a detailed schedule related to the new car despite repeated questions from analysts.
Ryan Brinkman, an analyst at JP Morgan, said: “There was a lot of discussion at the Tesla Investor Day event around the transition to clean energy and approaches to vehicle design and development, but there was a lack of specific, measurable criteria against which progress could be tracked.” Evaluated.
According to Bloomberg, Tesla shares plunged 8.3% during the day to $186.01, recording the largest intraday drop since January 3rd.
Reuters reported, “The nearly four-hour presentation by Musk and his team failed to impress investors expecting an announcement of an affordable electric vehicle.”
The Wall Street Journal (WSJ) reported on the Tesla “Investor Day” event, “It was an example of the old adage on Wall Street, ‘buy on rumors and sell on news’.”
- coin news
Crypto 'Fear/Greed Index' 50... Remain Neutral
Cryptocurrency data provider Alternative's self-estimated 'Fear/Greed Index' recorded 50, down 1 point from the previous day. The neutral phase was maintained. An index close to 0 indicates extreme fear in the market, and an index close to 100 indicates extreme optimism. The fear and greed index is based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin market cap share (10%), Google search volume (10%), etc. is calculated as
- coin news
Mastercard launches cryptocurrency debit card in Mexico
Global credit card company Mastercard has confirmed that it has launched a cryptocurrency debit card in Mexico.
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Magic Eden plans to release 13 free web3 games this month
Magic Eden, an NFT marketplace, decided to release 13 free web3 games this month. Games are issued on the Ethereum (ETH), Solana (SOL), and Polygon (MATIC) networks. All 13 games will use NFTs. Prizes are also provided to the top 10 players in the game.
- coin news
Marathon Digital to Cash Out 650 BTC in February
According to CoinDesk, U.S. bitcoin miner Marathon Digital has cashed out 650 of the 683 BTC it mined last month. Bitcoin holdings increased from 8,090 BTC as of January 31st to 8,260 BTC as of February 28th. Previously, Marathon Digital canceled its fourth-quarter earnings conference call, which was scheduled to take place after the US market closed on February 28. This is because the US Securities and Exchange Commission (SEC) has been notified of accounting errors.
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Regenerative finance ‘ReFi’ rises in the virtual asset market
In ‘Suriname’, which was the background of a recent Netflix drama, a change in the financial system using blockchain is taking place. Attempts are underway to connect the small-scale production of locals, who absorb more than carbon emissions, with the global market through blockchain technology. The key word to lead the virtual asset (cryptocurrency) market this year is 'ReFi' (renewable finance). is emerging This is due to the growing voices for the reconstruction of the financial system in the virtual asset market, which collapsed last year, along with the global need for environmental, social, and governance (ESG) management.
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Grayscale CEO "The cryptocurrency hit from FTX is almost over"
Michael Sonnenshein, CEO of Grayscale Investments, recently told The Wolf Of All Streets host Scott Melker, "The FTX collapse has resulted in cryptocurrencies." The blow to the currency industry is almost over." “During the FTX crisis, the industry was very difficult, and in fact many players fell away. However, we can be optimistic that the impact of the FTX outbreak is almost over. Also, while the stock market is currently showing volatility, cryptocurrencies are relatively narrow. The channel is fluctuating repeatedly, which could be a sign that cryptocurrencies are decoupling from traditional financial markets. Of course, it is not certain that cryptocurrencies will move towards all-time highs in the near future. However, the current market situation is more I think it's a good time to sort out the jade from a long-term perspective," he explained.
- coin news
Ripple CEO "Hopeful end of US SEC litigation this year"
According to Utoday, Brad Garlinghouse, CEO of Ripple (XRP), said in an interview with Bloomberg News, "The lawsuit with the US Securities and Exchange Commission (SEC) has been about two and a half years, and I hope this year will definitely be settled." . "We have been working hard to end this lawsuit as quickly as possible. Almost all the necessary materials have been submitted to the court, and most of the briefings have been completed. This lawsuit has a very large impact on the cryptocurrency industry, so it must be handled properly and carefully. This is why many cryptocurrency players have gathered around Ripple. This lawsuit is not simply a fight between Ripple and the SEC. It is an attack by the SEC on cryptocurrency, and a fight between players trying to defend it." explained.
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Near Protocol launches user experience-oriented 'Blockchain Platform'
According to CoinDesk, the layer 1 blockchain project Near Protocol (NEAR) has announced that it has launched a 'blockchain platform' with a focus on user experience. According to NearProtocol, this platform serves as a common layer for users to easily search for Web3 products. In addition, it is characterized by providing profile, payment, notification and search functions without separate hosting.
- coin news
U.S. Department of the Interior "Finds Drilling Company Using Natural Gas to Min Cryptocurrency"
According to Reuters, a recent report by the U.S. Department of the Interior found that some oil and gas rigs operating on state land were diverting natural gas for cryptocurrency mining. The Ministry of the Interior recommended that regulators administering the state-owned lands draw up separate guidelines to combat the practice of clandestine misappropriation of state-owned property. "This problem may have been difficult to notice in advance because the area under its jurisdiction is so large," the report said. It can be a give-and-take, so we have to be strict.”
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ETH core developer "No problem found during Chappella upgrade process"
Ethereum Developer Team Beiko announced on Twitter that the Ethereum All-Core Developers Conference (ACDE) was held on the 2nd (local time). He said, "At this meeting, we checked the Chapela upgrade in the Sefolia testnet and everything went smoothly. We also discussed the issue of the balance not updating properly in Metamask, and we believe it has been resolved now. In addition, during this month If the Goerli testnet proceeds without problems, we plan to hold the next ACDE on the 16th. After that, we plan to propose a mainnet fork four weeks later and conduct a test for one week."
- coin news
Aurora Labs launches web2-web3 interoperable infrastructure solution
According to Bitcoin.com, AURORA Labs, a near-based EVM scalable network, announced that it has released 'Aurora Cloud', a web2-web3 interoperable infrastructure solution. Aurora Labs explains that with Aurora Cloud, Web2 companies can add blockchain capabilities to their applications without any technical difficulties. Based on CoinMarketCap, AURORA is currently trading at $0.2315, down 5.13%.
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Mastercard CPO "Efforts are being made to facilitate the movement of funds between fiat ↔ cryptocurrencies"
“We are committed to facilitating the safe and easy movement of funds between fiat and cryptocurrencies,” Mastercard Chief Product Officer Craig Vosburg told Fortune, according to WatcherGuru. We are also partnering with several financial institutions to help customers buy, sell and hold cryptocurrencies.” “In addition, we are focusing on CBDCs (central bank digital currencies), stablecoins and tokenized bank deposits,” he explained. Finally, he said, “The most important factor determining the future of cryptocurrency is whether regulation is in place. Second, whether it will be adopted into the mainstream, and third, whether interoperability between multiple currencies can be secured. However, Since cryptocurrency is a new technology, it is very difficult to accurately predict the future.” Previously, Reuters reported on the 28th of last month that Mastercard and Visa would indefinitely suspend new partnerships related to cryptocurrency, but both companies announced their position as 'unfounded'.
- coin news
Withdrawal of staked Ethereum seems to be possible from April… Goearly testnet target date March 14th
Ethereum developers set the target date for the Goerli testnet to pass the Shanghai upgrade on the 2nd (local time) as March 14th. According to CoinDesk, the developers agreed on this at a biweekly meeting on the same day. The Goearly testnet is noteworthy in that it is the largest and last public Ethereum testnet for the Shanghai upgrade, which enables withdrawals of staked Ethereum. Shanghai Upgrade is also called Shapella.