After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of the “Big Three” credit rating firms, Moody’s cited a “rapid deterioration […]

The price of Bitcoin briefly surpassed $26,400 on March 14 around 1 p.m. UTC — representing an approximately seven-month high. The cryptocurrency last saw a comparable market value in August 2022. However, BTC has since fallen and is now valued at around $24,500 as of 9:30 p.m. UTC on March 14 — a value last seen […]

What is an The Beacon? The Beacon are a non-fungible tokens collection built on the Ethereum network launched in 23 November, 2022. 80,523 items of the The Beacon collection can now be viewed at OpenSea. How many owners does the The Beacon collection have? The total number of owners has reached 24686 within 109 days […]

Shareholders have accused the bank of falsely claiming to be “financially strong” just three days before it was seized by the state regulator. On March 14, a class action lawsuit was filed against the recently shut down crypto-friendly, New York-based Signature Bank, and its former chief executive office, Joseph DePaolo, chief financial officer, Stephen Wyremski, […]

The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community. The European Parliament passed the Data Act on March 14. The comprehensive bill was intended to “boost innovation by removing barriers obstructing access to industrial data.” Among its provisions is […]

A member of the bank’s board had previously claimed the agency wanted to send a message against crypto. The New York Department of Financial Services (NYDFS) shut down Signature Bank for “failing to provide consistent and reliable data” and not because of a bias against crypto, according to a March 14 report from the International […]

The official complaints related to non-fungible token (NFT) scams, problems, and price manipulations the Chinese government received surged by 30,000% in 2022, according to Forkast News. Chinese regulators disclosed that they received 59,700 complaints throughout the year, as opposed to 198 in 2021, the report states. According to the regulators, most complaints are about failing […]

On-chain data verification network KYVE successfully launched its mainnet on Pi Day (3/14) at 3:03:14 PM CET on March 14 after nine months of development. The decentralized data lake is built using the Cosmos SDK as a Layer 1 blockchain and is designed to provide trustless data solutions for developers, node runners, and data analysts. […]

Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank (SVB), according to a report from the Wall Street Journal on March 14. SEC, DOJ reportedly investigating SVB SVB was closed by California financial regulators and taken over by the Federal Deposit Insurance Corporation (FDIC) on March 10. Now, two other […]

What is an PsychonautzNFT? PsychonautzNFT are a non-fungible tokens collection built on the Ethereum network launched in 23 April, 2022. 9,997 items of the PsychonautzNFT collection can now be viewed at OpenSea. How many owners does the PsychonautzNFT collection have? The total number of owners has reached 3848 within 323 days since its release. NFT […]