Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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exchange news
- coinbase Allegedly discontinued support for crypto-friendly signature bank‘S seal Payment platform until further notice. Per The Wall Street Journal, the company said it is looking for a new technology provider and awaits clarification on the Signet outcome. “In addition to traditional payment methods, crypto deposits, withdrawals and USDC to USD conversions are available 24/7 on the Coinbase exchange. While not ideal, it reflects the need for an updated financial system,” said a Coinbase spokesperson.
payment news
- metamask Wallet expands its partnership with payments company moonpay In Nigeria To enable users to buy crypto directly from their wallet, web3 company Consensus announced today. Nigerian users can now buy cryptocurrencies via instant bank transfers within MetaMask Mobile and Portfolio Dapps. This will make it easier for users to “acquire tokens more efficiently without setting up a crypto exchange account.” Said the announcement.
- Australian stablecoin purse the stables Announces collaboration with card issuing platform Bazara with and master card In a “first-of-its-kind digital wallet integration” in Asia Pacific (APAC), which will enable customers to convert stablecoins into fiat currency and spend anywhere Mastercard is accepted, Said Press release. Stable will partner with a third party to allow customers to save and spend USDC, which will be converted into fiat and settled on Mastercard’s network. The card will be accessible through the Mobile Wallet through the Stables Digital App.
adoption news
- India Crypto Users Expected To Hit Over 156 Million In 2023, Five Times More America, According To BitcoinCasino.com, The country has three times more crypto users than the US, Japan, the UKAnd Russia Joint. This year, around $43bn worth of crypto is expected to transact worldwide, up 24% from $34.3bn a year ago. More than half of the value will come from the US, the report said.
banking news
- Bitcoin Custodian and Licensed Private Bank expo bank said to have collaborated with usdc Issuer circle USDC becomes the first licensed bank to integrate stablecoin payment rails as an alternative to Intense, Per The announcement, by adding Outrails to its existing USDC ramp, will enable the bank to “enable members to bypass costly and time-consuming SWIFT payments and instead make deposits and withdrawals via the Xapo Bank stablecoin without any fees.” It offers a 1:1 conversion rate from USDC to USD and a 4.1% annual interest rate return on deposits.
regulation news
- financial supervisory commission Taiwan (FSC) to become the primary regulator of cryptocurrencies in the country, United Daily News informed ofQuoting Chairman Huang Tien-mu.
DeFi News
- close to community launched Near Digital Collective Special Purpose Trust (NDC Trust) with the support of Near FoundationSupporting the development of a Swiss non-profit organization close protocol, said in a press release. “Using the Guernsey special purpose trust framework, the NDC Trust will enable ecosystem participants to benefit from a decentralized community fund that operates in a flexible yet risk-reduced manner and helps democratize governance between stakeholders.” helps,” it said. The Guernsey Special Purpose Trust Framework also helps bring clarity to participants in decentralized autonomous organizations (dao), this includes matters of liability, off-chain transactions, and taxes.
gaming news
- payment processor Jabdi and blockchain-based gaming tournament stage dubz Today announced a partnership to introduce BTC rewards on the Dubz platform. “This move, combined with Zebedee’s existing service, makes it easy for anyone to earn real money prizes by participating in tournaments, as well as use their prizes to save or make purchases,” he added. partnership will commence with a Fortnite tournament on March 31, while additional ZEBEDEE-powered Dubbz tournaments will be announced in the near future.
investment news
- OreosA crypto-native algorithmic trading and market-making firm raises $17 million Grant round led by trading firm Vivian CourtIn partnership with Nasdaq-listed digital asset mining company bit digital, trovio, era capital, Primal Capitaland an association of senior alumni optiver, the announcement said. “Auros will also use the funds to grow its derivatives solutions business, where projects, decentralized autonomous organizations (DAOs), miners and accredited institutions can access yield, security and participation structures from a trusted, market-leading provider.” Are.” Said this.
mining news
- bitcoin miner werewolf said to be posted Bitmain Miner to fill 50 MW of its nuclear-powered capacity nautilus Bitcoin digging Facility. According According to the press release, the company recently began mining operations at Nautilus and expects to have its entire stake online in the first phase of the facility by May. TerraWulf is also expanding its wholly owned mining operations Mariner Lake The addition of Building 2 to the facility in New York, United States, which is expected to increase the operational capacity of the facility, was added.