• Kraken crypto exchange has informed its customers that ACH deposits and withdrawals via Silvergate and Plaid will no longer be available starting March 27. • The sudden collapse of Silvergate, Signature Bank, and Silicon Valley Bank has caused a major setback for many U.S.-based crypto-focused firms. • Coinbase has stopped supporting Signature Bank’s Signet
• Kaiko, a cryptocurrency market data provider based in Paris, is relocating its Asian headquarters from Singapore to Hong Kong for reasons such as the city’s pro-crypto policy pivot and emergence from Covid-related restrictions. • Hong Kong is learning from past bankruptcies like the FTX exchange and allowing retail investors to trade larger tokens such
• Vitalik Buterin recently sold over $700,000 worth of various tokens. • He made a post mocking shitcoins on Reddit which sparked a wave of trolling and shilling. • Despite this, he was given 250,000 BITE tokens shortly after posting the tweet he was criticized for. Vitalik Buterin’s Token Sell-off Vitalik Buterin recently sold over
• Xapo Bank, a licensed private bank and top bitcoin custodian, has integrated with the Lightning Network. • This integration enables Xapo Bank’s customers to make lightning-fast bitcoin payments, up to $100 at any vendor that accepts Lightning payments. • Major companies such as Robinhood, Cash App and Strike have announced plans to expand the
Tron’s Price Surge • In the past 30 days, Tron’s native token (TRX) has experienced a 13.6% jump in price. • This increase was higher than Bitcoin and Ethereum, which both experienced corrections during this time. • The surge is likely due to the network’s positive developments and market sentiment. TRX Price Movement According to
• Bitcoin (BTC) and Ethereum (ETH) have risen 14% and 12%, respectively, over the past week. • Several altcoins such as OKB, VELA, and OAS have also reached new all-time highs during this time. • OKB announced the launch of OKBChain, VELA was recently airdropped, and OAS is exploring more collaborations in the gaming blockchain
• Coinbase CEO Brian Armstrong declared that the company’s staking services are not securities. • The US Securities Act and the Howey test do not consider taking a form of investment that constitutes a security. • Coinbase asserts that their staking services do not qualify as an investment of monetary value, or a common business
• Brazil’s federal prosecution office is set to roll out a roadmap of activities that will grant the nation’s prosecutors, courts, and police officers powers to prosecute offenders and confiscate crypto. • The MPF held a meeting to present documents to its criminal chamber and special crypto units. • The MPF highlighted that the new
• Ethereum (ETH) started off 2021 with a strong performance, having reached a 90-day high of $1,674 on Jan. 21. • Factors such as the Federal Reserve’s decision on interest rate hikes and inflation levels could potentially impact ETH’s price. • Ethereum has become the go-to platform for developers, entrepreneurs, and investors due to its
• Bybit has launched a Unified Trading Account (UTA) that enables investors to diversify trades across several markets in one account. • The UTA offers features such as shared margin and cross-collateralized borrowing and lending, allowing investors to switch trading strategies without hassle. • The account provides access to more than 60 asset types for