Web3 Feed







  • Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year - Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases in Russia as Investors Seek Alternatives to […]
  • Bitcoin, Ethereum Technical Analysis: BTC Moves Briefly Back Above $25,000 - Bitcoin briefly moved back above $25,000 on Thursday, as markets rebounded from a volatile session the day prior. The potential collapse of Credit Suisse was somewhat averted, following an intervention from the Swiss National Bank, which has helped calm markets. Ethereum mostly consolidated in today’s session. Bitcoin Bitcoin (BTC) rose back above the $25,000 level […]
  • After Presidential Rebuke, Nigeria’s Central Bank Says Demonetized Naira Banknotes Still Legal Tender - The Nigerian central bank has said the recently demonetized ₦200, ₦500 and ₦1,000 banknotes will remain legal tender until Dec. 31, 2023. The central bank statement, which reaffirms a Supreme Court ruling that extended the lifespan of the demonetized naira banknotes, followed a rebuke of the CBN by the outgoing Nigerian president, Muhammadu Buhari. Central […]
  • Meta Announces 10,000 Layoffs in ‘Year of Efficiency’ Move; Singles Out AI Over Metaverse as ‘Largest Investment’ - Meta, the social media company, will continue to shed part of its workforce, recently announcing 10,000 new layoffs to be executed during 2023 as part of its new efficiency policy. Mark Zuckerberg, CEO of the company, stated that artificial intelligence (AI) was currently the company’s most prominent investment, even over the metaverse. Meta Announces 10,000 […]
  • Founder of Crypto Exchange Bitzlato Denies US Charges - The founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over $700 million in illicit funds. Bitzlato Founder Legkodymov Appears in US Court Anatoly Legkodymov, one of the […]
  • FBI Says Crypto Investment Fraud Rose 183% to $2.57 Billion in 2022 - The Federal Bureau of Investigation (FBI) says cryptocurrency investment fraud rose 183% from $907 million in 2021 to $2.57 billion in 2022, based on data from its Internet Crime Complaint Center (IC3). The FBI also warned the public of “a spike in cryptocurrency investment schemes.” FBI’s Crypto Crime Statistics The Federal Bureau of Investigation (FBI) […]
  • Court Dismisses Former Monero Developer’s Bid to Have His Extradition to South Africa Declared Illegal - The Supreme Court of Appeal (SCA) in South Africa has rejected former Monero lead maintainer Riccardo Spagni’s bid to have it declare his extradition from the United States to South Africa illegal. In its ruling, the Supreme Court of Appeal insisted that Spagni did not sufficiently argue for the voiding of the extradition process. Spagni […]
  • India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions - India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India […]
  • Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’ - Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporting controls. Its shares plunged on Wednesday after the bank failed to raise capital from its largest […]


  • Cofund Presents Real Estate Tokenization: A Revolution for Investors and Property Owners - Bali, Indonesia, March, 16 – Real estate investment has always been one of the most reliable and lucrative investment options. However, the high barrier to entry, illiquidity, and lack of transparency in the traditional real estate investment model has made it inaccessible to many investors. Real estate tokenization, a solution to these problems, is gaining […]
  • Coinbase: Ethereum’s Shepella Upgrade May Need ‘Weeks to Months’ for Unstaking Requests - On Wednesday (March 15), Coinbase explained what its users need to know about Ethereum’s upcoming Shapella Upgrade, which allows for withdrawals of staked Ether ($ETH) and is expected to be deployed to the Ethereum mainnet around mid-April.  There have been concerns that the ability to withdraw funds could lead to an oversupply of $ETH on […]
  • Riding the Crypto Wave: Novogrtz’s Investment Strategy in Uncertain Economic Times - In a recent interview with CNBC, Galaxy Digital Founder and CEO Mike Novogratz reflected on the current market situation, comparing it to December 2018, when the Federal Reserve attempted a final rate hike, causing markets to tumble. He emphasized that rapidly changing information and commodity markets signal a potential recession and credit crunch in the […]
  • Shiba Inu ($SHIB) Dev Explains Why Shibarium Beta Testnet Does Not Have a Unique Blockchain ID - Shiba Inu ($SHIB) lead developer “Shytoshi” and developer “Kaal” addressed the “FUD” surrounding the beta version of Shibarium. It all started when “Steve,” who is apparently a member of the Shiba Inu growth team, asked on the Shiba Inu Discord why the Shibarium beta testnet is currently using the same blochchain ID (917) as Rinia […]
  • Major European Crypto Exchange to List Floki Inu With 1 Billion $FLOKI Giveaway - A major cryptocurrency exchange, Austria-based Bitpanda, has announced it will add support for the popular meme-inspired cryptocurrency Floki Inu ($FLOKI) on March 17, in what is another major listing for the cryptocurrency. Floki has over the last few months been added to several major cryptocurrency trading platforms including OKEx, WazirX, DigiFinex, and others. The cryptocurrency […]
  • ‘Textbook Perfect’ Bitcoin Price Pattern Sees $BTC Target $100,000, Crypto Analyst Says - Charles Edwards, a popular cryptocurrency analyst and the founder of Capriole Investments, has pointed to a “textbook perfect” Bitcoin price pattern that shows the flagship cryptocurrency is targeting surpassing the $100,000 mark in the future. According to a tweet Edwards shared with his over 100,000 followers on the microblogging platform, Bitcoin is showing a “Bump […]
  • Ethereum ($ETH) Supply Dropped By More Than $100 Million Since the Merge, Data Shows - Over $100 million worth of the second-largest digital currency by market capitalization Ethereum ($ETH) have been burned since the cryptocurrency’s network transitioned from a Proof-of-Work (PoW) consensus algorithm into a Proof-of-Stake (PoS) consensus algorithm. The cryptocurrency’s deflationary trend has been growing over time, with its supply having dropped by over 64,457 ETH since the network’s […]