United States Federal Reserve Board governor Michelle Bowman spoke at Georgetown University on April 18 to “offer a perspective” on central bank digital currency (CBDC). The Fed plays an important role in the conversation about CBDC, Bowman said. Her examination of the problems a CBDC might solve and the design […]

Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18. The venture capital firm is reportedly contemplating leading a $250 million fundraising campaign, anchored by […]

Microsoft has secretly been developing its own artificial intelligence (AI) chips to deal with the rising costs of development for in-house and OpenAI projects, per a report from The Information.  Reportedly in the works since 2019, Microsoft’s recently revealed hardware venture appears to be designed to reduce the Redmond company’s […]

Payward Europe Solutions, an Irish subsidiary of Kraken registered in Dublin, was awarded virtual asset service provider (VASP) authorization from the Central Bank of Ireland on April 18. The VASP authorization comes at a critical time for Kraken. The European Union is scheduled to conduct its final vote on the […]

Lausanne, Switzerland, April 18th, 2023, Chainwire In a groundbreaking move that has set new standards for fundraising, SwissBorg has demonstrated the power of community-centric approaches in raising funds, outperforming even private and institutional investors. Building upon their earlier success in raising $50 million from 24,000 individuals during their initial coin […]

Crowd Strike Holdings Inc. – a security research firm – has released a new report detailing what has been labeled the first crypto jacking campaign targeting the Kubernetes infrastructure. Crypto Jacking… Yup! It’s Still Around! Crypto jacking is (at this stage) an old method of illegally mining cryptocurrency. What one […]

Ethereum layer 2s, such as Optimism, Arbitrum and Polygon, increased in popularity in the first quarter of 2023, according to a report from Web3 development platform Alchemy. Ethereum users bridged over $635,000 worth of crypto assets to these networks from January to March, an increase of 44% over the fourth […]

Ripple‘s XRP has taken the country’s crypto market by storm, leaving popular assets like Dogecoin (DOGE) in the dust. In fact, XRP’s trade volume has surged to a jaw-dropping $16 billion since the beginning of the year, according to data from crypto market intelligence provider Kaiko.  Unprecedented Trade Volume Growth […]

Over the past few weeks, Avalanche has made an impressive recovery in its price. Last week alone, AVAX surged by 20%, and on the daily chart, it showed over 4% appreciation. Despite facing a significant decline last month when its price dropped to $14, AVAX managed to rally by almost […]

The world’s largest cryptocurrency exchange by trading volume, Binance, is disabling multiple old deposit addresses as part of its infrastructure upgrade. In an announcement on April 18, Binance said it would retire selected deposit addresses and memos in batches on multiple blockchains, including Ether (ETH), Tron (TRX), BNB (BNB) and […]