ConsenSys will release its zkEVM rollup to its public testnet on March 28, paving the way for an eventual mainnet integration later in 2023. ConsenSys has announced the upcoming release of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to a public testnet on March 28, allowing for stress testing of the layer-2 scaling technology. ConsenSys’ […]

Bitcoin RSI is back at square one as the mood among traders becomes uncertain after 5% BTC price losses overnight. Bitcoin (BTC) traded around $22,400 at the March 3 Wall Street open as analysts stayed divided over the odds of a recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes for an inverse “Bart Simpson” […]

As part of the acquisition, Coinbase said One River Digital’s team would join the exchange and CEO Eric Peters would stay to lead the firm under the name Coinbase Asset Management. United States-based cryptocurrency exchange Coinbase has acquired cryptocurrency-focused hedge fund One River Digital Asset Management, or ORDAM. In a March 3 blog post, Coinbase […]

The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number of tethers in circulation has […]

The end of the tax year is fast approaching, and the clock is ticking for crypto holders to report their transactions to the Internal Revenue Service (IRS). In a bid to clamp down on crypto tax evasion, the IRS modified its terminology this year from… The post U.S. crypto taxes in 2023: What you need […]

Binance USD (BUSD) balance held on exchanges fell below 9 billion tokens as Tether (USDT) becomes dominant amongst stablecoins by accounting for 55%  of the stablecoin market cap. While balances shift within the stablecoin market, Ethereum’s (ETH) dominance over the aggregate market cap of the top four stablecoins continues its increase. BUSD supply The chart […]

Korea-based Steemhunt has accused Binance of stealing their product idea for Chatcasso to launch the exchange’s AI product- Bicasso. Leading crypto exchange Binance launched the beta version of Bicasso on March 1. The AI product was designed to allow users to easily turn their images and texts into NFTs using AI technology. Binance accused of […]

The HSBC bank and the Nationwide Building Society have imposed more restrictions on customer use of credit cards to buy crypto. “…and then they fight you” UK crypto hub? Financial institutions are coming to the realisation that crypto is disrupting their business. However, if you can stop customer purchases of crypto, or at least limit […]

The world’s second most widely held reserve currency seems to be underrepresented in the stablecoin space. Stablecoins are a type of cryptocurrency offering investors price stability. The most popular stablecoins are those backed by the United States dollar — the world’s leading reserve currency. Others are less popular and not widely used, so many may […]

Discover the best of Wall Street cinema with these top seven films, featuring captivating tales of finance, ambition and power. Wall Street movies offer insightful perspectives into the worlds of business, finance and power. They also emphasize how vital creativity, risk-taking and tenacity are to success. Viewers can learn more about the financial sector and […]