Meta Plans to Stop Support for NFTs on Facebook and Instagram.
According to Stephane Kasriel, the closure will enable the business to focus on other ways to support creators. Meta is also planning layoffs in the coming months.Just over a year…
Binance Swaps $1 Billion Industry Recovery Funds to BTC, ETH and BNB
The Binance Industry Recovery Initiative wallet held 985,088,975.25 BUSD.Binance converted BUSD to USD through Uniswap at 05:31:47 UTC on March 13.With the failure of crypto-friendly institutions and the depeg events…
Rich Dad Poor Dad Author “Robert Kiyosaki” Warns of Another Bank Crashing Amid Recent Fallout
Kiyosaki and Sharon Lechter wrote the book “Rich Dad, Poor Dad” in 1997. In February, he predicted that Bitcoin will be worth $500,000 by the year 2025.Robert Kiyosaki, author of…
An Indian Student Commited Suicide After He Was Scammed Via Crypto Investment
The victim was a second-year B.Com student in the Indian city of Lucknow.After hearing the company’s assurances of profits, the student sent over $4,200 in BTC.When it comes to cryptocurrency,…
Silicon Valley Bank UK Closed by Bank of England
The bank liquidators would be responsible for handling the remaining SVB UK assets.Major blockchain VCs had over $6 billion in assets with the bankrupt financial firm.In a statement made on…
MakerDAO Devises Emergency Plan To Safeguard DAI Stablecoin
The value of DAI, a stablecoin tied to the U.S. dollar, fell to an all-time low of $0.88.The stablecoin issuer has recommended similar measures for DeFi protocols.MakerDAO has developed a…
Coinbase Updates Staking Conditions As SEC Clampdown on Industry.
There would be a “transparent Coinbase fee” as per the exchange.The U.S. SEC earlier penalized Kraken for its staking program.A month after U.S. authorities clamped down on similar offerings, Coinbase…
Silicon Valley Bank Shut Down by Regulators Due To Financial Issues
The bank was shut down by authorities and transferred to the supervision of FDIC.On Wednesday, SVB reported that it had sold several instruments at a loss.As a result of a…
CryptoGPT Introduce its Native Token GPT
CryptoGPT’s Native crypto token GPT is live now.CryptoGPT price increased by over 20%.Today, the Ethereum-based zero-knowledge (ZK) layer-2 blockchain CryptoGPT launches its native crypto token ‘GPT.’ By debuting its own…
Current Crypto Crash Does Not Seem To Be a Coincidence
New York State’s Attorney General Letitia James classified Ethereum (ETH) as a security. The fall of Silicon Valley Bank has implications for the whole cryptocurrency sector.Bitcoin (BTC) fell roughly 8%…