sugarsoho (@sugarsoho) • Hey
sugarsoho (@sugarsoho) • Hey
Publications
- Gmgmgmgm
- Gm
- Stablecoin payments: Visa shares plans for ‘ambitious’ crypto product
[Stablecoin payments: Visa shares plans for ‘ambitious’ crypto product](https://cointelegraph.com/news/stablecoin-payments-visa-shares-plans-for-ambitious-crypto-product)
Payment giant Visa is building a cryptocurrency-related product to facilitate the digital commerce of everyday life.
- Israel’s central bank says CBDC could be issued if stablecoin use increases
[Israel’s central bank says CBDC could be issued if stablecoin use increases](https://cointelegraph.com/news/israel-s-central-bank-says-cbdc-could-be-issued-if-stablecoin-use-increases)
The Bank of Israel has proposed several scenarios that would accelerate the potential issuance of a central bank digital currency (CBDC).
- LimeWire’s new game simulates music pirating nostalgia and pays in crypto
[LimeWire’s new game simulates music pirating nostalgia and pays in crypto](https://cointelegraph.com/news/limewire-s-new-game-simulates-music-pirating-nostalgia-and-pays-in-crypto)
LimeWire has launched a simulated music-downloading game with crypto rewards for those at the top of the leaderboard.
- Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade
[Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade](https://cointelegraph.com/news/ethereum-staking-deposits-dip-due-to-regulatory-pressure-and-shapella-upgrade)
Glassnode has reported a dip in monthly Ethereum staking deposits but liquid staking platform Lido remains dominant in the sector.
- Scaramucci: 'We're through the bear market' as Bitcoin notches up 70% YTD
[Scaramucci: 'We're through the bear market' as Bitcoin notches up 70% YTD](https://cointelegraph.com/news/scaramucci-we-re-through-the-bear-market-as-bitcoin-notches-up-70-ytd)
SkyBridge founder Anthony Scaramucci has called the end of the bear market for crypto, as Bitcoin gains reach 70% for 2023 despite fears of Choke-Point 2.0, the collapse of crypto-friendly banks, and Coinbase and Binance facing regulatory scrutiny in the United States.
- Paris Blockchain Week 2023: Latest updates by Cointelegraph
[Paris Blockchain Week 2023: Latest updates by Cointelegraph](https://cointelegraph.com/news/paris-blockchain-week-2023-latest-updates-by-cointelegraph)
The Paris Blockchain Week agenda includes high-profile speakers from the Web3, crypto and blockchain ecosystems. PBW 2023 is expected to host over 10,000 attendees.
- Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound
[Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound](https://cointelegraph.com/news/silicon-valley-bank-uk-arm-acquired-by-hsbc-for-one-pound)
HSBC announced that its U.K. arm is acquiring Silicon Valley Bank UK Limited for £1. The acquisition will be funded from existing resources.
- Breaking: Bitcoin slips under $20K amid Biden budget, Silvergate collapse
[Breaking: Bitcoin slips under $20K amid Biden budget, Silvergate collapse](https://cointelegraph.com/news/bitcoin-slips-under-20k-amid-biden-budget-silvergate-collapse)
The price of Bitcoin briefly fell under $20,000 as the market reacts to the release of the Biden administration's FY2024 budget and the collapse of Silvergate Bank.
- DOJ seeks to narrow Sam Bankman-Fried’s bail terms, use only flip phones
[DOJ seeks to narrow Sam Bankman-Fried’s bail terms, use only flip phones](https://cointelegraph.com/news/u-s-attorney-seeks-to-narrow-sam-bankman-fried-s-bail-terms-use-only-flip-phones)
The United States Department of Justice has proposed new bail conditions for former FTX CEO Sam Bankman-Fried.
- David Hoffman apologized for spreading rumors about what he called a "Wells Notice Carpet Bombing" targeting crypto firms.
['Sorry for spreading a rumor', says podcaster on Lido's FUD](https://cointelegraph.com/news/sorry-for-spreading-a-rumor-says-podcaster-on-lido-s-fud)
Co-founder of content studio Bankless David Hoffman apologized for spreading rumors about Lido.
- Boy Band BTS’s Next Hit: A Boardroom Drama?
[Boy Band BTS’s Next Hit: A Boardroom Drama?](https://www.wsj.com/articles/boy-band-btss-next-hit-a-boardroom-drama-981059f)
The company behind the Korean pop sensation is serenading the shareholders of one of its main rivals—apparently with the approval of that rival’s founder
- Senior FTX Executive Who Received $543,000,000 Loan From Alameda Pleads Guilty to Criminal Charges: Report.
[Senior FTX Executive Who Received $543,000,000 Loan From Alameda Pleads Guilty to Criminal Charges: Report - The Daily Hodl](https://dailyhodl.com/2023/03/02/senior-ftx-executive-who-received-543000000-loan-from-alameda-pleads-guilty-to-criminal-charges-report/)
Former FTX head of engineering Nishad Singh is reportedly pleading guilty to criminal charges that occurred after Sam Bankman-Fried’s now bankrupt crypto exchange failed to meet customer withdrawals.
- Why is Bitcoin price down today?
[Why is Bitcoin price down today?](https://cointelegraph.com/news/why-is-bitcoin-price-down-today)
Bitcoin liquidates more than $72 million in longs as BTC price falls on Silvergate bank concerns.
- Korea is independent
- Breaking: Binance Applying Crypto Services License In Singapore, But There’s A Catch
https://coingape.com/binance-applying-crypto-services-in-singapore/?utm_source=coingecko&utm_content=coingecko&utm_campaign=coingecko&utm_medium=coingecko&utm_term=coingecko
- Decentralized finance to be examined at inaugural CFTC tech advisory meeting
[Decentralized finance to be examined at inaugural CFTC tech advisory meeting](https://cointelegraph.com/news/decentralized-finance-to-be-examined-at-inaugural-cftc-tech-advisory-meeting)
Decentralized Finance is going into the spotlight at an upcoming CFTC meeting aimed at understanding the up-and-coming financial space.
- Lens BigQuery Public Dataset is Live 🔍
Read more about unlocking new possibilities in our blog
https://mirror.xyz/lensprotocol.eth/L-VyE549sOOdi4nBgos6XNAUgf3H1oErfkAtndU6RHY
Learn how it works in our developer docs
https://docs.lens.xyz/docs/public-big-query
- Tag your frens to the best post you can find today and let us know how it works 🚀🔥
Also see now who interacted with your posts 👀
[Phaver (🦄,🌿) on Twitter](https://twitter.com/phaverapp/status/1630615588409319425)
“NEW FEATURES ON PHAVER! 📲
- Tag other users on posts and comments 🙋
- Lens likes on comments 💚
- See who collected, mirrored or staked your content 👀
... and more 🚀
Update your Phaver app now to try all the newest features! 🚢
What would you like to see next, frens? 💜”
- Cointelegraph launches major update to its institutional-grade crypto intelligence dashboard
[Cointelegraph launches major update to its institutional-grade crypto intelligence dashboard](https://cointelegraph.com/news/cointelegraph-launches-major-update-to-its-institutional-grade-crypto-intelligence-dashboard)
The new and improved crypto intelligence dashboard boasts tools used by over 100 of the world’s leading crypto institutions with expanded functionality.
- Tag your frens to the best post you can find today and let us know how it works 🚀🔥
Also see now who interacted with your posts 👀
[Phaver (🦄,🌿) on Twitter](https://twitter.com/phaverapp/status/1630615588409319425)
“NEW FEATURES ON PHAVER! 📲
- Tag other users on posts and comments 🙋
- Lens likes on comments 💚
- See who collected, mirrored or staked your content 👀
... and more 🚀
Update your Phaver app now to try all the newest features! 🚢
What would you like to see next, frens? 💜”
- Korea metropolitan, Seoul
- Breaking: Binance Targeted By South Korea Regulators After US Regulatory Action
https://coingape.com/breaking-binance-targeted-by-south-korea-regulators-after-us-regulatory-action/
- Second Ethereum Testnet Successfully Simulates Shanghai Hard Fork✨
[Second Ethereum Testnet Successfully Simulates Shanghai Hard Fork](https://cryptonews.net/news/ethereum/20608075/)
A second Ethereum test network (testnet), known as Sepolia, successfully replicated withdrawals of staked ether (ETH) today, bringing the Ethereum blockchain closer to its highly anticipated
- Solana CEO hoses down claims network outages caused by on-chain voting
[Solana CEO hoses down claims network outages caused by on-chain voting](https://cointelegraph.com/news/solana-ceo-hoses-down-claims-network-outages-caused-by-on-chain-voting)
Solana Labs founder and CEO Anatoly Yakovenko has hit back at claims that a controversial design decision to include on-chain votes as transactions on Solana has been the cause behind Solana’s spade of network outages.
- Crypto lawyers flame Gensler over claims that all crypto are securities
[Crypto lawyers flame Gensler over claims that all crypto are securities](https://cointelegraph.com/news/crypto-lawyers-flame-gensler-over-claims-that-all-crypto-are-securities)
SEC chair, Gary Gensler, stated all cryptocurrencies besides Bitcoin (BTC) are securities under his agency’s jurisdiction, but crypto lawyers have quashed the claim saying it's up to the courts to decide.
- Coordinated global crypto policies: G20 key financial stability priority
[Coordinated global crypto policies: G20 key financial stability priority](https://cointelegraph.com/news/coordinated-global-crypto-policies-g20-key-financial-stability-priority)
During the FMCBG meeting held on Feb. 24–25, G20 members discussed technology innovations while emphasizing balancing associated risks.
- Why is Bitcoin price down today
[Why is Bitcoin price down today?](https://cointelegraph.com/news/why-is-bitcoin-price-down-today)
Bitcoin price is down and bears are taking control as more than $95 million in BTC longs are liquidated. Did traders fall into a bull trap?
- US Federal Reserve denies Custodia Bank's request for Fed supervision
[US Federal Reserve denies Custodia Bank's request for Fed supervision](https://cointelegraph.com/news/us-federal-reserve-denies-custodia-bank-s-request-for-fed-supervision)
The cryptocurrency-focused Custodia Bank has again been denied membership to the U.S. Federal Reserve System, with the Fed claiming crypto doesn’t fit in with “sound banking practices.”
- German DZ Bank adds digital currencies to asset management services
[German DZ Bank adds digital currencies to asset management services](https://cointelegraph.com/news/german-dz-bank-adds-digital-currencies-into-asset-management-services)
Metaco has also recently collaborated with Turkish technology company and automaker, Togg and UnionBank of the Philippines.
- Luxor Mining acquires Ordinalhub amid Bitcoin-based NFTs hype
- Co-founders of StoryCo explain how community storytelling can impact franchised IP
[Co-founders of StoryCo explain how community storytelling can impact franchised IP](https://cointelegraph.com/news/co-founders-of-storyco-explain-how-community-storytelling-can-impact-franchised-ip)
- Binance banking problems highlight a divide between crypto firms and banks
[Binance banking problems highlight a divide between crypto firms and banks](https://cointelegraph.com/news/binance-banking-problems-highlight-a-divide-between-crypto-firms-and-banks)
Banks are generally hesitant to deal with digital assets, especially without uniform regulations governing the nascent market.
- Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode
[Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode](https://cointelegraph.com/news/bitcoin-hits-record-44m-non-zero-addresses-thanks-to-ordinals-glassnode)
The arrival of Ordinals on the Bitcoin network has fuelled a rapid rise in the number of Bitcoin addresses with a non-zero balance, reaching 44 million addresses.
- Publisher says it's trying to scrub all traces of 'Mashinsky Method' book
[Publisher says it's trying to scrub all traces of 'Mashinsky Method' book](https://cointelegraph.com/news/publisher-says-it-s-trying-to-scrub-all-traces-of-mashinsky-method-book)
Alex Mashinsky's upcoming book on his "7-step method" to make money using cryptocurrencies will never be released the publisher of the title has confirmed, adding it was trying to remove all traces of it online.
- Robinhood board gives nod to buy Sam Bankman-Fried's $578M stake
[Robinhood board gives nod to buy Sam Bankman-Fried's $578M stake](https://cointelegraph.com/news/robinhood-board-gives-nod-to-buy-sam-bankman-fried-s-578m-stake)
Robinhood is working with the U.S. Department of Justice to buy back former FTX CEO Sam Bankman-Fried’s $578 million stake in the company.
- Solana (SOL) price rally could fizzle out due to weak fundamentals
[Solana (SOL) price rally could fizzle out due to weak fundamentals](https://cointelegraph.com/news/solana-sol-price-rally-could-fizzle-out-due-to-weak-fundamentals)
Solana’s 250% rise might meet a disastrous end as fundamental and market analysis reflect overpriced conditions.
- Polygon tests zero-knowledge rollups, mainnet integration inbound
[Polygon tests zero-knowledge rollups, mainnet integration inbound](https://cointelegraph.com/news/polygon-tests-zero-knowledge-rollups-mainnet-integration-inbound)
Polygon nears full implementation of zero-knowledge rollups to its mainnet as final testing of its zkEVM gets underway.
- Belgian MP receives Bitcoin salary for a year: Here’s what he learned
Christophe De Beukelaer considers his experiment successful, as he raised awareness among the local lawmakers.
[Belgian MP receives Bitcoin salary for a year: Here’s what he learned](https://cointelegraph.com/news/belgian-mp-receives-bitcoin-salary-for-a-year-here-s-what-he-learned)
At the end of January 2022, member of the Belgian parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin.
- Battle lines are being drawn over crypto in Congress but industry executives remain optimistic.
[100 crypto lobbyists prepare for the fight of their lives as Congress resumes](https://cointelegraph.com/news/100-crypto-lobbyists-prepare-for-the-fight-of-their-lives-as-congress-resumes)
The 118th U.S. Congress has begun and 2023 is shaping up to be a year for crypto regulations.
- The Ethereum co-founder expects to reach a new milestone for rollups this year.
[Vitalik Buterin highlights what he's bullish about for 2023](https://cointelegraph.com/news/vitalik-buterin-highlights-what-he-s-bullish-about-for-2023)
Vitalik Buterin has also confirmed the rollout of the Ethereum Improvement Protocol (EIP) during 2023, which had been discluded as part of the upcoming Shanghai upgrade package in March.
- BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program.
[BMW taps Coinweb and BNB chain for blockchain loyalty program](https://cointelegraph.com/news/bmw-taps-coinweb-and-bnb-chain-for-blockchain-loyalty-program)
Carmakers from around the globe have been using decentralized tech to their benefits from as early as 2018.
- Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
[Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull](https://cointelegraph.com/news/defrost-finance-breaks-silence-on-exit-scam-accusations-denies-rug-pull)
Defrost Finance has denied allegations that it “rug pulled” its users of more than $12 million on Dec. 23.
- Here's how Defrost Finance plans to refund users following $12M hack
[Here's how Defrost Finance plans to refund users following $12M hack](https://cointelegraph.com/news/here-s-how-defrost-finance-plans-to-refund-users-following-12m-hack)
The Defrost team highlighted that after the scan, they will be deploying a smart contract that will allow users to get their assets back.
- North Korean hackers stealing NFTs using nearly 500 phishing domains
[North Korean hackers stealing NFTs using nearly 500 phishing domains](https://cointelegraph.com/news/north-korean-hackers-stealing-nfts-using-nearly-500-phishing-domains)
North Korean hackers are behind a large-scale NFT phishing campaign, according to blockchain security firm SlowMist.
- The FTX collapse has reportedly fueled a major international legal dispute between the United States and the Commonwealth of the Bahamas.
[Bahamas reportedly asked SBF to mint new coin after FTX collapse](https://cointelegraph.com/news/bahamas-reportedly-asked-sbf-to-mint-new-coin-after-ftx-collapse)
New claims further escalate the conflict between FTX restructuring executives in the United States and officials in the Bahamas
- Economic frailty could soon give Bitcoin a new role in global trade
[Economic frailty could soon give Bitcoin a new role in global trade](https://cointelegraph.com/news/economic-frailty-could-soon-give-bitcoin-a-new-role-in-global-trade)
Aggressive interest rate hikes have wrought havoc on global markets. As a consequence, more countries may embrace Bitcoin in the year ahead.
- very wary
[Be ‘very wary’ of crypto proof-of-reserve audits: SEC official](https://cointelegraph.com/news/be-very-wary-of-crypto-proof-of-reserve-audits-sec-official)
The United States Securities and Exchange Commission's acting chief accountant Paul Munter has warned investors to be "very wary" of crypto proof-of-reserve audits.
- Crypto
[British Columbia to halt new power connections for crypto miners](https://cointelegraph.com/news/british-columbia-to-halt-new-power-connections-for-crypto-miners)
In an effort to prioritize clean energy and job creation, the British Columbia government is halting new cryptocurrency mining connections for a period of 18 months.