This week’s Crypto Biz examines concerns over chip shortages and sustainability issues for crypto miners, Telegram’s new ad platform, Kraken’s expansion into institutional investors, and more. A recent survey by Ripple and the United States Faster Payments Council indicates that U.S. financial institutions are increasingly using blockchain technology. Companies working on business-to-business (B2B) solutions in...Continue Reading

Over $200 million worth of cryptocurrency has been lost to hacks and rug pulls in 32 individual incidents so far this year. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. In a fireside chat at...Continue Reading

Can SOL sustain the momentum after breaking above a 23-month high? Decentralized application volumes surged, but there’s a catch. Solana’s native token, SOL (SOL), hit its highest point in 23 months on March 1 and is currently trading up 34.5% in one week. While Solana maintains its position as the fourth-largest cryptocurrency, excluding stablecoins, it...Continue Reading

Elon Musk’s lawsuit over OpenAI’s for-profit pivot has prompted fears the company could be unraveling. OpenAI, the company behind ChatGPT, might not be faring as well as its $80 billion valuation would lead most analysts to believe, according to some artificial intelligence (AI) experts.  Carlos Perez, author and founder of Intuit Machines, expressed his suspicion...Continue Reading

The CCI assessed the HKMA’s proposed stablecoin regulations and suggested moderation and acceptance of innovation. The Crypto Council for Innovation (CCI) submitted a comment on the proposed stablecoin regulatory regime in Hong Kong on the last day of the comment period. The advocacy group’s five-page letter contained substantial criticism of the proposed reserve and operational...Continue Reading

WiFi sensing makes it possible to track movement in the dark and through walls. A team of researchers from Nanyang Technological University in Singapore recently unveiled a new method for tracking human movement for the metaverse.  One of the key features of the metaverse is the ability to represent real world objects and people in...Continue Reading

The emerging Bitcoin layer-2 sector will be one of the main narratives driving BTC’s price to unprecedented highs in this bull cycle, says Bitcoin OG Dan Held. The integration of Layer-2 blockchains on top of Bitcoin could unlock Bitocoin’s true potential and propel its price to unprecedented highs, says Bitcoin OG and former maximalist Dan...Continue Reading

The crypto exchange is expanding its wallet-as-a-service offerings, addressing developers’ pain points when building Web3 applications. Coinbase is building two new wallet solutions focused on integration and balance transfer across Ethereum Virtual Machine (EVM) applications, targeting developers’ onboarding to its layer-2 blockchain Base. Among the new solutions is a smart wallet that allows users to...Continue Reading

BTC price action delivering $180,000 this cycle just became more of a reality, according to the Bitcoin Williams%R Oscillator. Bitcoin (BTC) now has a shot at hitting $180,000 if a new bull signal repeats historical gains. In a post on X on March 1, Caleb Franzen, founder of Cubic Analytics, suggested that BTC price returns...Continue Reading

PlanB’s bull market signal flashed as Bitcoin price was trading firmly above the $62,000 mark. The Bitcoin bull market officially started on March 1, according to pseudonymous quantitative analyst PlanB, who is also the creator of the controversial stock-to-flow (S2F) model for Bitcoin’s price. The Bitcoin (BTC) accumulation phase has ended, along with the easy Bitcoin...Continue Reading