March 23, 2022

Coinbase Expands Staking Offerings to Include Cardano

By Rupmalini Sahu, Senior Product Manager At Coinbase, we’re focused on offering more ways for customers to earn crypto rewards. Today, we’re expanding our staking offerings to include Cardano (ADA) with plans to continue to scale our staking portfolio in 2022. Cardano is one of the top ten most valuable cryptocurrencies by market cap. It’s...
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Coinbase Cloud Launches Suite of Blockchain Infrastructure Solutions for Avalanche

Web 3 and blockchain infrastructure provider Coinbase Cloud has announced the launch of a suite of blockchain solutions and services for the growing Avalanche ecosystem. Coinbase Cloud revealed running a public validator on Avalanche that enables delegators to stake their AVAX tokens. They contribute to the growth and security of the network by verifying transactions,...
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El Salvador’s $1B Bitcoin Bond Offering Delayed: Will Wait for Favorable Market Conditions

Retail and institutional investors will have to wait further for the $1 billion Bitcoin Bonds as El Salvador has postponed its planned offering. Amidst geopolitical turmoil, the country’s Finance Minister Alejandro Zelaya said they would wait for favorable conditions in the financial market, and the hold-up be could be as late as September. Unfavorable Market...
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Solana Exploit: $50 Million Stolen from Infinite Stablecoin Minting Glitch

About $50 million has been robbed from a Solana-native stablecoin protocol using a ‘fake account’ exploit. This apparently allowed the hacker to mint an unlimited amount of CASH, which the team behind the stablecoin has confessed to. As explained by samczun of Paradigm on Twitter, CashioApp requires users to deposit collateral in order to mint...
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A playbook for fighting patent trolls

By Paul Grewal, Chief Legal Officer Coinbase recently won a case against a particularly aggressive patent troll. Today, we want to share some of what we learned in this fight — and what we’re doing to help more companies in the crypto community and beyond stand up to trolls as well. What are patent trolls?...
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FairySwap, the First DEX on the Findora Blockchain, Launches on Mainnet

[PRESS RELEASE – California City, United States, 18th March 2022] With liquidity mining and bridge integration in place, FairySwap is ready to go live.FairySwap is announcing a full-featured mainnet launch that includes support for new trading pools, yield farming, and a cross-chain bridge to BNB Chain (formerly Binance Smart Chain). Starting on March 20, UTC...
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Polkadot Parachains, Venture Funds Launch $250 Million Acala Ecosystem Fund

Acala has teamed up with eight Polkadot parachain teams and several supporting venture funds, to launch a $250 million aUSD Ecosystem Fund. It will be used to back upcoming startups focused on building applications with strong stablecoin use cases on any Polkadot or Kusama parachain.  $250M ‘aUSD Ecosystem Fund’ The participants of the funds are...
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These Factors Point Out Towards A Massive Bitcoin(BTC) Breakout in the Next Couple of Days!

Bitcoin price is currently showcasing a huge potential of breaking through the consolidation as the asset may breakout anytime from now. With the breakout, the BTC price is expected to surge beyond $45,000, maybe before the end of Q1 2022. Therefore, expecting a bullish start for the next quarter, the BTC price is primed to...
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LYO Airdrop on LYOTRADE – Token to Start Trading

[PRESS RELEASE – Please Read Disclaimer] Meta Description: LYOTRADE exchange announces its LYO Credit Token Airdrop promotion to celebrate its exchange launch. Meta Tags: LYO Credit Token (LYO), LYOTRADE, Airdrop LYO Credit Airdrop starts March 14, 2022, and will last for one month. Prizes range from $5 up to $1000 in LYO. Receive LYO Credit...
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Wall Street Bank Cowen Launches Spot Crypto Trading for Institutions (Report)

Institutional clients of the New York-based independent investment bank will be able to get spot crypto trading services. This comes after multiple other Wall Street investment banks started offering various digital asset features, but not spot trading. Bloomberg reported on March 23 Cowen Inc’s new offering, allowing institutional investors to trade crypto, putting the bank...
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Former a16z General Partner Raises $1.5 Billion to Invest in Crypto and Web3

After leaving a16z, Katie Haun announced plans to raise nearly a billion dollars to invest in various crypto projects, including NFTs and Web3. However, she broke her own expectations by raising $1.5 billion. CryptoPotato reported in December last year Haun’s plans to leave Andreessen Horowitz, where she occupied the position of General Partner for years,...
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StreamCoin Announces the Launch Of A New Utility Token; GaStream (GSTRM)

StreamCoin (STRM) has recently announced the launch of a utility token named GaStream (GSTRM). GSTRM token, meant to power the entire StreamCoin ecosystem, will be utilized for gas fees and node rewards on the Stream Chain (Mainnet), among other uses. StreamCoin, recently revealed it would be launching the first airdrop of GaStream (GSTRM). Investors owning...
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Thailand Bans Crypto Usage for Payments: Report

Thailand continues with its rather controversial relationship with the cryptocurrency industry by implementing a ban on using such assets as a means of payment. The nation warned that they could threaten its financial system and economy. The reports from earlier on March 23rd, citing the local watchdog, inform that cryptocurrency exchanges and other companies from...
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CryptoCom Becomes The Exclusive Cryptocurrency Trading Platform Sponsor of the FIFA World Cup

Crypto.com continues to make waves in the world of sports, this time with a significant partnership with the world’s most important soccer association. Tuesday, 22 March 2022, FIFA announced a sponsorship deal with Crypto.com for the FIFA World Cup Qatar 2022™, giving it the right to become the exclusive cryptocurrency trading platform sponsor of Qatar...
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Yuga Labs Valued at $4 Billion After $450 Million Raise

Yuga Labs – the owners of the two most popular NFT collections – has announced the completion of a $450 million fundraise to develop its NFT metaverse project. This brings the company’s valuation up to $4 billion. News of the raise emerged in a company press release on Tuesday, which revealed a16z as the leader...
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UK’s ASA Issued Warnings Against Over 50 Crypto Companies, Including Coinbase

The Advertising Standard Authority (ASA) intensified its negative stance against crypto-related companies. It warned such entities not to encourage individuals to purchase digital assets with credit cards or swap their pensions for coins like bitcoin. The ASA’s Latest Warning The British authorities and financial regulators are known for their harsh stance against the cryptocurrency sector....
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Bitcoin (BTC) $ 94,197.24 1.65%
Ethereum (ETH) $ 3,301.79 0.47%
Tether (USDT) $ 0.999038 0.02%
XRP (XRP) $ 2.17 1.78%
BNB (BNB) $ 670.44 2.28%
Solana (SOL) $ 182.43 1.13%
Dogecoin (DOGE) $ 0.307788 1.16%
USDC (USDC) $ 0.996459 0.20%
Lido Staked Ether (STETH) $ 3,299.19 0.42%
Cardano (ADA) $ 0.873204 0.98%