Month: March 2023
Zipmex’s Restructuring Plan Greenlighted by the Singapore High Court
Singapore’s magistrates allowed Zipmex to set up an “Administrative Convenience Class” that could enable users to get some of their deposits back.
Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees
This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an […]Ripple CEO Calls on US Lawmakers to Look into SEC Chair Gensler’s Crypto Assertions
The Ripple boss believes crypto should be regulated by legislation and not from the SEC’s perspective.
Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March
In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin […]The State of Bitcoin as It Approaches $30,000: Santiment
Bitcoin is almost back to its level from June 2022 – but is the market getting a bit too excited?
‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’
Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be […]
DEX Volume Unaffected But BTC Outflows From Binance Increase Post CFTC Lawsuit
Binance experienced a 60% withdrawal surge this week following the CFTC’s market manipulation allegations.
Ripple (XRP) Explodes 20% Unfazed by Binance-CFTC Lawsuit, Bitcoin Consolidates: This Week’s Crypto Recap
Ripple is this week’s clear winner in terms of price performance, surging by 20%. Meanwhile, the CFTC filed a lawsuit against Binance, including its CEO Changpeng Zhao.
Economist Peter Schiff Warns of US Dollar Devaluation and ‘Biggest Economic Disaster’ in History
Economist Peter Schiff has warned of “the biggest economic disaster” in U.S. history. He stressed that we are on the cusp of a financial crisis and “it’s going to be much bigger than the last.” In addition, he said the U.S. dollar is being debased in order to fund the bank bailouts. Peter Schiff Foresees […]New Binance Smart Chain Proposal Seeks to Lower Transaction Fees: Report
The proposal is expected to make BSC more attactive then layer 2s.
