press release PRESS RELEASE. Taipei, March 13, 2023 – Bloxmith, the player-first Web3 gaming studio, today announced that the open beta for Raiders Rumble, its unique 1v1 squad battler game for mobile powered by the Flow blockchain, is now available for download on Google Play and Apple App Store. Raiders Rumble challenges players to apply fast-paced strategic decision making in…
Month: March 2023
Coinbase, Celsius and Paxos disclose funds in Signature Bank
Crypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto firms with funds reportedly tied up with the now-shuttered Signature Bank. The crypto-friendly Signature Bank was shut down by New York regulators on Mar. 12 in conjunction with the United States Federal Deposit Insurance Corporation (FDIC) to “protect the U.S. economy” as they claimed the bank…
Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number of Licensed Digital Asset Issuers in Russia Grows to Five The Central Bank of Russia (CBR) has…
Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number of Licensed Digital Asset Issuers in Russia Grows to Five The Central Bank of Russia (CBR) has…
‘Nobody left to bank crypto companies’ — Crypto Twitter reacts
Crypto companies could find it harder to access traditional banking partners with the loss of two major crypto-friendly banks in less than a week, according to some in the crypto community. On Mar. 12, the Federal Reserve announced the closure of Signature Bank as part of “decisive actions” to protect the U.S. economy, citing “systemic risk.” It came only days…
Biden vows to hold those responsible for SVB, Signature collapse
The President of the United States Joe Biden has vowed to hold those responsible for the failure of Silicon Valley Bank and Signature Bank while assuring Americans that their deposits are safe. On Mar. 12, the New York District of Financial Services (NYDFS) took possession of crypto-friendly Signature Bank. The Federal Reserve also stated that the closing of Signature Bank was…
OpenSea patches vulnerability that potentially exposed users’ identities
Nonfungible token (NFT) marketplace OpenSea has reportedly patched a vulnerability that, if exploited, could expose identifying information about its anonymous users. In a Mar. 9 blog, cybersecurity firm Imperva detailed how it discovered the vulnerability which it claimed could deanonymize OpenSea users “by linking an IP address, a browser session, or an email in certain conditions” to an NFT. As…
Crypto Market Rallying on FDIC Banking Intervention, USDC Regains Dollar Peg
The market cap of all cryptocurrencies is back above the $1 trillion mark. After a joint statement from the Federal Reserve, U.S. Treasury, and FDIC declared that all depositors of now-shuttered Silicon Valley Bank and Signature Bank will be able to get their funds out on Monday, the battered crypto market turned green. Late on Sunday night, Bitcoin (BTC) was…
Crypto Market Rallying on FDIC Banking Intervention, USDC Regains Dollar Peg
The market cap of all cryptocurrencies is back above the $1 trillion mark. After a joint statement from the Federal Reserve, U.S. Treasury, and FDIC declared that all depositors of now-shuttered Silicon Valley Bank and Signature Bank will be able to get their funds out on Monday, the battered crypto market turned green. Late on Sunday night, Bitcoin (BTC) was…
Coinbase, Paxos Disclose Exposure to Failed Signature Bank
Signature Bank emerged late Sunday as the latest institution to collapse amid a series of bank failures, and multiple crypto companies took to Twitter to declare whether they were affected by the government shutdown of the crypto-friendly firm. Signature Bank was shut down by U.S. regulators, according to a joint statement released by the Federal Reserve, U.S. Treasury, and Federal…