Last Updated on March 17, 2022
Web3, The Future For Chinese Internet:
https://cointelegraph.com/news/web3-will-be-key-to-the-future-of-china-s-internet-says-security-regulator
Some Congress Members Deeply Concerned About Stifling Crypto:
https://cointelegraph.com/news/congress-members-concerned-sec-stifling-innovation-with-crypto-scrutiny
Luno Accelerating Crypto And FinTech:
https://www.financemagnates.com/cryptocurrency/news/luno-to-support-fintech-and-crypto-startups-through-investment-arm/
- Custom Cardano wallet addresses now available for improved usability. ADA Handle is an NFT-powered naming service that creates human-readable wallets. It was launched earlier this week. Users can choose addresses of up to 15 characters.
- Cardano’s total value locked (TVL) had recently surpassed the $200 million mark. With a TVL of 294.17 million (staking included), Cardano flipped Kusama, Polkadot’s canary network, which stood at $278.04 million
- BTC maintains $40K as Fed Confirms First Hike In 4 Years:
- https://cointelegraph.com/news/bitcoin-maintains-40k-support-as-fed-confirms-rate-hike-in-4-years
- https://cryptopotato.com/bitcoin-reclaims-40k-after-the-enhanced-volatility-prompted-by-feds-interest-hike-market-watch/
Exodus Wallet Startes Trading On SEC Registered Platform:
https://cointelegraph.com/news/exodus-crypto-wallet-starts-trading-on-sec-registered-platform
- Bored Ape Yacht Club NFT Skyrockets Above 100 ETH on ApeCoin Announcement:
- https://cryptopotato.com/bored-ape-yacht-club-bayc-floor-price-skyrockets-above-100-eth-on-apecoin-announcement/
- https://decrypt.co/95282/apecoin-ape-launches-for-bored-apes-nft-holders-with-reddit-ftx-animoca-on-board
- ApeCoin was launched by ApeCoin DAO on Wednesday. (3/16/2022) The token will be adopted by Yuga Labs as the primary token for all new products and services. There are a total of 1 billion ApeCoins in existence. Bored Ape and Mutant Ape NFT holders will be able to claim a share of the ApeCoin supply. ApeCoin holders will be able to participate in ApeCoin DAO voting and community-based governance.
Hacked:
Two DeFi protocols Agave and Hundred Finance became victims of a twin hack that was conducted on March 15. In what appears to be a flash loan ‘reentrancy attack’, more than $11 million got siphoned off. As per investigation, the hack happened on both protocols on the Gnosis chain where the attacker exploited a wETH contract function. This allowed the attacker to continue borrowing crypto before the apps could calculate the debt, which would prevent further borrowing.