The post Arthur Hayes Predicts Crypto Bull Run as Fed Hints at $4.4 Trillion QE appeared first on Coinpedia Fintech News Arthur Hayes, the co-founder of BitMEX, has hinted that a cryptocurrency bull run may be on the horizon. In a recent blog post, Hayes discussed the implications of the Federal Reserve’s (Fed) new Bank […]
Hong Kong’s Open Crypto Regulatory Framework Attracts New Firms
Hong Kong is making significant strides towards becoming a global crypto hub, with the latest developments indicating that the city is positioning itself as an attractive destination for crypto-related businesses. Recent reports indicate that Signum Digital, a joint venture of Coinstreet and Somerley, has received approval-in-principle from the Hong Kong Securities and Futures Commission (SFC) […]
ParaSpace hack in retrospect: $5M rescued, large withdrawals time-locked, hacker wants fees back
The crypto and NFT staking platform ParaSpace experienced an attempted exploit that put $5 million at risk, according to various reports on March 17. ParaSpace confirms vulnerability ParaSpace acknowledged an attack on its contracts early in the day. It paused its protocol and later said it had found the cause of the exploit. The project […]
Indian Central Bank Chief: US Banking Crisis Clearly Shows Risks Crypto Poses to the Financial System
The governor of India’s central bank, the Reserve Bank of India (RBI), says the “ongoing U.S. banking crisis” clearly demonstrates the risks cryptocurrency poses to the financial system. The central bank chief added that the “Indian economy remains resilient,” emphasizing that the “worst of inflation is behind us.” India’s Central Bank Governor on Crypto Risks […]
Microsoft reportedly testing Edge browser web3 wallet integration
The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge. Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser. In a March 17 Twitter thread, software documenter — and occasional info leaker — Albacore shared a series of supposed […]
Dubai Free Trade Zone Partners With South Korean Companies to Expand Web3 and Metaverse Business
The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and companies in South Korea to bring more Web3 and metaverse businesses to the emirate. The objective of this move is to consolidate the status of Dubai as an international blockchain hub in the region. Dubai […]
Bitcoin surges 10% hitting 9-month high
The recent surge of Bitcoin above a resistance level that dates back to August 2022 has strengthened the possibility of a continued rally, with $28,000 now in view. Bitcoin Breaks Major Resistance Level and Sets Sights on $28K Bitcoin’s upward momentum shows no signs of slowing down as the top cryptocurrency surged past a key […]
Real-world assets tokenization lacks infrastructure, not just regulation
The next generation of securities and asset tokenization has been held back by a lack of infrastructure and regulatory standards worldwide, according to BlackRock’s Larry Fink. The merger between decentralized finance (DeFi) and traditional assets has been held back by a lack of infrastructure and regulatory standards worldwide, according to sources Cointelegraph recently spoke with. […]
Congress announces March 29 hearing into failures of SVB and Signature Bank
According to the House Financial Services Committee, it expects to hold multiple hearings on “getting to the bottom” of the banks’ failures. Representatives from the Federal Deposit Insurance Corporation and Federal Reserve will be testifying before the United States House Financial Services Commission in a newly announced hearing investigating the collapse of two major banks. […]
Protego’s conditional national bank status expired without approval: Report
In a week when the crypto industry – and the rest of the world – was beset by bad news about banking, one more banking setback has come to light. Institutional cryptocurrency custodian Protego’s conditional national trust banking charter has expired without it receiving permanent approval, according to a report in Fortune on March 17. […]