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Blockchain
First Citizens Bank to Acquire Silicon Valley Bank Deposits and Loans
First Citizens Bank, a North Carolina-based bank, is set to acquire Silicon Valley Bank's deposits and loans following the latter's collapse in March 2023. The…
Kokomo Finance Accused of $4M Exit Scam
Kokomo Finance, an open-source and noncustodial lending protocol on Optimism, has been accused of an exit scam worth $4 million. The protocol allegedly plucked user…
Titanium Blockchain CEO Sentenced to Four Years in Prison
In a cryptocurrency fraud scheme that took place in late 2017 and early 2018, investors purchased BARs, a crypto token, to participate in an initial coin offering…
Coinbase Identifies Four Key Innovations for its Layer-2 Network
Coinbase, a leading cryptocurrency exchange, has outlined four critical innovations that should be built on its newly launched layer-2 network, Base. The exchange…
Investors Flock to US Money Market Funds Amid Banking Crisis
As the global banking crisis continues to fuel concerns among investors, the popularity of US money market funds is surging. According to Emerging Portfolio Fund…
Arbitrum Discord Server Hacked for Phishing Attack
Arbitrum, a blockchain platform that aims to provide fast and low-cost transactions, recently experienced a security breach on its official Discord server. On March…
Venezuela Shuts Down Crypto Mining Operations
Venezuela, a country known for its volatile political climate, has recently made headlines for shutting down several crypto mining facilities throughout the…
Coinbase Proposes The “flat Coin” Concept To Track Inflation
Last updated Mar 27, 2023
To negate poor monetary policy decisions of central banks, Coinbase proposed the concept of Flatcoins.Coinbase is a US-based popular…
Sony Files Patent for NFT Transfer Framework
Through the years, Sony Interactive Entertainment, the company that owns the PlayStation brand, has shown that it is interested in virtual currencies such as…
CryptoPunk NFT Accidentally Sent to Burn Address
NFTs, or non-fungible tokens, have taken the world by storm in recent years. These unique digital assets, which are stored on the blockchain, have opened up new…
