Do algorithmic stablecoins have a future as centralized coins are under scrutiny?
Fiat stablecoins are too deeply rooted in exchanges for algorithmic stablecoins to rise, according to some experts.
Uncategorized
Read More
More than 3,600 Bitcoin ATMs went offline to record largest monthly decline
With 3,627 crypto ATMs going down last month, March 2023 becomes the month with the largest monthly decline of crypto ATMs.
Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk
Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs.
El Salvador removes all taxes related to tech innovation for economic growth
Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador.
FTX EU opens withdrawal, Elon Musk calls for AI halt, and Binance news: Hodler’s Digest, March 26–April 1
FTX Europe opens withdrawal for European customers, a petition seeks to halt AI development, and Binance is sued by U.S. authorities.
Uniswap v3 code free to fork as BSL expires
The license expiration marks a significant event within the DeFi ecosystem, as it enables developers to deploy their own decentralized exchange (DEX).
Former Activision Blizzard executive joins Yuga Labs as CEO
With Daniel Alegre on board, Yuga Labs is expected to ramp up its metaverse efforts. Previously, he held leadership positions at Google, Activision Blizzard, and Bertelsmann.
Central African Republic’s Sango Project announces delay of token listing
The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments.
National Futures Association adds rules for members handling digital assets
The CFTC-linked self-regulatory organization (SRO) has disclosure rules for members engaging in activities with BTC and ETH; now, standards of conduct are being added.
Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push
Binance handles fear, uncertainty and doubt (FUD) surrounding its business future following a lawsuit from U.S. authorities.