The huge Bitcoin buy coincides with surging institutional interest, fueled by U.S. Bitcoin ETFs and the approaching halving. This solidifies Tether as a major Bitcoin player, both as a holder and future miner.
After the rough week, the NFT platform is set to relaunch, focusing on enhanced security and user compensation. The hack has reignited the debate about vulnerabilities and centralization in blockchain networks, but also effectively pushed Munchables to the top of the news.
Ripple faces a hefty potential financial penalty following a new proposal from the SEC. The firm maintains the sales were legal and plans to contest the charges in April.
The former CEO of Terraform Labs was released from prison on March 23 as the Montenegrin Supreme Court weighs extradition requests from both South Korea and the United States.
The firm faces delisting from the NYSE due to its low share price. This comes on the heels of a recent leadership change, with CEO Gavin Michael departing less than a month after the company expressed financial concerns, stating they might not be able to continue operating for another year.
Bitcoin Layer 2 developer Stacks launches its upgraded "Nakomoto" testnet today. The full rollout will start in April with code deployment, followed by signer testing before full activation in May.
Mehen Finance launched USDM, Cardano's first fiat-backed stablecoin, offering price stability compared to existing algorithmic options. USDM aims to attract new users with a 1:1 USD peg & transparency via on-chain reserves. Public rollout for retail users is expected in April 2024.
The HKMA is taking its exploration of a digital Hong Kong dollar (e-HKD) to the next level. Phase 2 of the e-HKD Pilot Programme is now open for applications, inviting businesses to propose creative ways to utilize this digital currency.
