Cardano (ADA) and Binance Coin (BNB) Show Strong Performance, Orbeon Protocol (ORBN) Takes the Industry by Storm with 1988% Increase During Presale

Cardano keeps pushing forwards, adding dapps and new projects to its ecosystem.  Binance’s BNB coin goes down in value along with many cryptos, but it is still up from December lows, possibly indicating the crypto community’s loyalty to Binance and its famous founder CZ. Orbeon Protocol defies expectations as it smashes development targets and enters…

Fifth week of losses in crypto investment products sees $255M withdrawals

Ad Digital asset-based investment products saw $255 million in outflows during the week of Mar. 6 – 12, marking the fifth consecutive week of losses, according to CoinShares’ weekly report. The amount also marks the most significant single weekly outflow on record, which currently accounts for 1% of the whole market, as CoinShares’ data indicates….

Market rally pumps bankrupt crypto firm holdings

Ad The recent crypto market rally has pumped the crypto holdings of several bankrupt crypto firms in the last 24 hours, according to the Arkham Intelligence dashboard. During the last 24 hours, flagship digital assets like Bitcoin (BTC) and Ethereum (ETH) rose by more than 7%, respectively. The global crypto market cap also rallied above…

BitMEX halts all activities for a short time temporarily

Ad Crypto exchange BitMEX published an announcement on its website and said it halted all activities except for canceling options. However, BitMEX was able to solve the issue within 20 minutes and unlocked all trading on Mar. 13, 14:26 UTC. BitMEX’s first announcement was published on Mar. 13 at 14:12 UTC and stated: We have…

Coinbase lost $240M in Signature Bank closure

Ad Leading crypto exchange Coinbase disclosed it lost around $240 million in Signature Bank shut-down on Mar. 12. Paxos and Celsius also announced they lost money in the Sunday Signature Bank shutdown. Companies may need to rely on the Federal Deposit Insurance Corporation (FDIC) to recover lost funds. Coinbase Coinbase  disclosed the amount lost on…

Here’s why Pokemon’s web3 and metaverse plans face fan backlash

Ad Pokémon fans are divided over plans to develop a metaverse for the long-running franchise. The debate was sparked following a job posting for the position of Corporate Development Principal at the Pokémon Company International, based in Washington, U.S. Gaming and entertainment platform Dexerto said fans are concerned their beloved franchise is heading into the…

Op-ed: TradFi failing is NOT a crypto problem. Blockchain fixes this.

Ad Legacy media quickly reverted to tired and misguided accusations that all of crypto is a scam following the collapse of FTX, Voyager, Celsius, and BlockFi last year. Yet, none of the issues these failed companies faced were caused by blockchain. Instead, criminal activity, greed, poor risk management, novice business processes, hubris, and malicious acts…