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Blockchain

Market Optimism Peaks as Bitcoin Call Options Aim for $100K Milestone

Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto
Blockchain

Microstrategy’s Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain

According to the latest figures, Microstrategy’s investment in bitcoin has doubled, showing a 116% increase after the cryptocurrency’s value experienced a significant rise this past
Blockchain

Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $2219 for each operation Further
Blockchain

NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC

Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 1162% to hit $44202 million over the previous seven days The most significant transaction was the sale of
Blockchain

Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone

In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms The latest Immunefi data shows that hacking attacks accounted for more than $65
Blockchain

Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDC

Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria The partnership arrangement aims to improve the functionality of the Nigerian central
Blockchain

SEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’

US Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto industry is filled with instances of abuse and fraud, citing a significant number of bankruptcies in
Blockchain

Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative

The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits
Blockchain

Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs

The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous organizations under existing financial laws The enactment
Blockchain

Financial Journalist Alan Kohler: Bitcoin Is an ‘Insurrection’

Alan Kohler, an Australian financial journalist, stated Bitcoin is an “insurrection,” given the tightly controlled rules that control the conditions behind its operation Kohler explained
Blockchain

Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows 

The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks Over the last day, statistics reveal an open interest of $3230 billion across
Blockchain

Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects

Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects The memorandum of understanding (MoU)
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