UK Treasury Cancels Plans for Government-Backed NFT
Initially proposed in April 2022, the Royal Mint’s plans for an NFT are not moving forward “at this time” but the proposal will remain under review.
Read MoreU.S. Bank Regulators Investigating Leaders of the Failed Tech Banks
The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg,
Read MoreBinance Depositors Flee Following CFTC Charges, On-Chain Data Shows
Crypto users have withdrawn roughly $400 million on Ethereum from Binance in the past 24 hours, while Paxos, issuer of the Binance USD, has burned more than $155 million BUSD
Read MoreTwitter Briefly Suspends Official Arbitrum Account
Twitter’s reasoning remained unclear at press time.
Read MoreFormer CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’
If the U.S. were to design a digital dollar that protects the privacy of its users and is free of surveillance tools, it could reach mass adoption, the Digital Dollar
Read MoreBitcoin Sinks Below $27K After CFTC Files Suit Against Binance
BTC dropped to the lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. Binance Coin (BNB)’s price declined by 5%.
Read MoreBankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval.
Read MoreBinance’s Bitcoin Trading Volume Hits Lowest Level in 8 Months Following Termination of Zero-Fee Trading
Zero-fee trade volume accounted for 66% of Binance’s trading volume in mid March prior to the decision to eliminate the zero-fee promotion.
Read MoreLending Platform MakerDAO Approves ‘Constitution,’ Moves Forward with ‘Endgame’ Plan
The approved proposal aims to set a new foundation for the largest decentralized lending protocol’s major restructuring called “Endgame.”
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