The platform promised to help companies create, manage, and deploy non-fungible tokens (NFTs) in a trusted, scalable, and sustainable way. Salesforce, a customer relationship management software firm announced the limited release of Salesforce Web3 on March 15. The company said it will be a platform that helps companies create, manage, and deploy non-fungible tokens (NFTs) in...Continue Reading

Speaking at the SXSW conference in Austin, Molly White compared crypto companies’ current predicament to that in 2017 and 2018, when they had “trouble accessing banking”. In the wake of three major banks with ties to crypto firms collapsing, software engineer Molly White believes companies now looking at banking options may have to face “shadier”...Continue Reading

Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve’s supervision and regulatory activities following Silicon Valley Bank’s closure. Massachusetts Senator Elizabeth Warren, one of the more prominent anti-crypto voices in the United States Congress, has called on Jerome Powell to recuse himself amid an internal probe at the Federal Reserve....Continue Reading

FTX’s legal counsel requested insurers to advance or reimburse Bankman-Fried’s defense costs and fees under the company’s directors and officers (D&O) insurance. Sam Bankman-Fried is seeking to use FTX’s insurance policies to cover his legal expenses, according to a court filing on March 15.  The former FTX CEO’s legal counsel requested in a motion to...Continue Reading

The fact that most banks aren’t required to keep your money on hand makes it likely that more bank failures will occur in the months ahead. The Federal Reserve Board reduced banking reserve requirements to zero in March 2020. Since that time, banks in the United States have not been required to actually hold any...Continue Reading

Swiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse. The Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority (FINMA) have released a joint statement March 15 on the stability of the Swiss banking system and Credit Suisse (CS). The problems of “certain banks in the USA”...Continue Reading

Meta discontinues NFT services on Instagram and Facebook, and Binance NFT marketplace adds support for trading NFTs on the Polygon blockchain network. Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper...Continue Reading

Minh Quốc Nguyễn, a resident of Hanoi, Vietnam, has been charged in Philadelphia with a number of offenses as the operator of ChipMixer. The United States Justice Department announced on March 15 that it was pressing charges against a resident of Hanoi, Vietnam, in connection to the operation of the ChipMixer. The announcement came shortly...Continue Reading

New hardware is revolutionizing the mining industry, while other crypto sectors continue to falter. The beginning of 2023 raised hopes that the blockchain industry was on the path toward recovery, but weaker-than-hoped financial performance and a bout of negative news in February have cast doubts on this outlook. However, these headwinds do not affect all...Continue Reading

Credit Suisse has pulled the U.S. equities markets lower, but a positive sign is that Bitcoin and select altcoins are holding near their local highs. The United States equities markets tumbled on March 15 after Saudi National Bank, Swiss Bank Credit Suisse’s largest investor, said it will not be able to provide any more funding...Continue Reading