• Paris Blockchain Week 2023 (PBW) was an event aimed at innovation in blockchain technology and the future of Web3 industry. • The event occurred amidst a major banking crisis,…
•Harvest Keeper, an alleged “AI-powered” project, has scammed users out of almost $1 million. •Blockchain security platform CertiK confirmed that the project has stolen around $933,000 from its users. •Dozens…
• Circle has confirmed that wires initiated to remove balances have not been processed, leaving $3.3 billion of its USDC reserves at Silicon Valley Bank (SVB). • Circle is joining…
• Public transport systems, such as buses and trains, are essential for connecting people with their destinations. • The availability of public transport is determined by the design of its…
• Gate.io is preparing to launch a presence in Hong Kong following the city’s $6.4 million cash injection into Web3 under its 2023-24 budget. • The firm has obtained a…
• The UK Tax Reform Council has launched a campaign against the Bank of England’s plans for a CBDC launch, warning that it could lead to increased government surveillance and…
Crypto Needs ‘Adult Supervision’ – Michael Saylor, co-founder of MicroStrategy, believes that the recent bankruptcies of high-profile crypto players are “painful” but necessary for the industry to grow up. –…
• The Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. • Custodia’s application for a master account to enable international transfers…
• Crypto lender Genesis Global has filed for Chapter 11 bankruptcy protection in New York. • The firm has estimated liabilities of $1 billion to $10 billion and assets in…
• Due diligence is an issue in the venture capital space, but crypto offers a potential solution in the form of a public and immutable ledger. • John Lo, managing…