Ad Circle CEO Jeremy Allaire has warned about the risks facing the crypto market due to exposure to the U.S. Dollar and the regulatory risk in the U.S. financial system. In a March 23 Twitter thread, Allaire said there “seems to be a large-scale risk-off from USD that is exposed to US banks and US…
Montenegro Vice President announces arrest of individual suspected to be Do Kwon
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Damex Announces Utility Token to Power Smart Finance App, Token IEO Starts April 19th
Press Release: Damex will launch its utility token via an IEO starting April 19th, 2023, to promote a healthier lifestyle among users, March 23, 2023, Gibraltar — Digital Asset Management Limited and the Damex group are launching two new offerings, the Damex App and the $DAMEX utility Token. Both work in unison, aiming to…
CryptoSlate Daily wMarket Update: Litecoin shines as wider crypto market stutters
Ad The cryptocurrency market cap saw net outflows of $16.95 billion over the last 24 hours and currently stands at $1.16 trillion – down 1.4% from $1.18 trillion. During the reporting period, the market caps of Bitcoin and Ethereum decreased by 1.9% and 1.9% to $534.7 billion and $214.8 billion, respectively. The top 10 cryptocurrencies…
Third biggest outflow of Bitcoin from exchanges this year – driven by whales
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Coinbase CEO sells shares prior to SEC warning
Ad Coinbase CEO Brian Armstrong sold Coinbase shares prior to receiving a warning from the Securities and Exchange Commission (SEC), according to data shared on Twitter by crypto sleuth, @theirish_man. Armstong has been selling his shares since November 2022, but the three sales transactions recorded days before the SEC warning caused Coinbase shares to drop…
Magic Eden eyes growth in web3 gaming following launch of Magic Eden Games
Ad The cross-chain NFT marketplace Magic Eden has launched its long-anticipated gaming hub, Magic Eden Games, following an announcement on March 22. Magic Eden Games is on a mission to assist gamers in uncovering the finest web3 gaming experiences. Every game on their platform is given a dedicated “explore game” page, which includes a detailed…
Arbitrum network activity booms ahead of airdrop
Ad Network activity on Arbitrum has been booming, with the popular Ethereum layer-2 solution seeing an unprecedented uptick in the number of transactions and addresses. According to data from Arbiscan, the network processed over 1.3 million transactions on March 21 — up from 1 million transactions recorded on March 20. The sharp increase in the…
Avalanche C, X-chains experience brief outage due to network bug
Ad Avalanche chains X and C experienced brief outages and a period of degraded performance on March 23, as the result of a bug in the network’s 1.9.12 version. Avalanche’s C-chain experienced an hour-long outage and was unable to produce any blocks during that time, according to data from AVAScan. Block production stopped at 07:25…
Tron founder Justin Sun says SEC complaint lacks merit
Ad Tron (TRX) founder Justin Sun said the U.S. Securities and Exchange Commission (SEC) charges against him lacked merit. In a March 23 Twitter thread, Sun said the financial regulator’s complaints were “the latest example of actions it has taken against well-known players in the blockchain and crypto space.” He continued that the SEC’s regulatory…









