Australia To Give Payment Systems A Major Facelift By Adding Crypto In The Mix
Australia’s government plans to regulate cryptocurrencies as part of a broader revamp of the country’s payment system.
Li Finance protocol loses $600,000 in latest DeFi exploit
Li Finance (LiFi) protocol users suffered losses amounting to around $600,000, some of them have been reimbursed after a hacker exploited a bug in the project’s smart contract.
Binance Informs Canadian Regulator It's 'Committed' to Ceasing Crypto Trading Services in Ontario
Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations.
Despite forming 5 consecutive bullish daily candles, Ethereum fails to break above $3k
Ethereum price analysis for March 21, 2022, comes on a bearish note for the token as despite forming 5 consecutive bearish daily candles, the token has failed to breach the $3K price resistance. In order to confirm an uptrend, the ETH token needs to reclaim the $3.3K price level and made a move towards $3.8K-$4K.
Australian Senator proposes landmark Digital Services Act
Australian Liberal Senator Andrew Bragg opened the Australia Blockchain Week conference with a bombshell legislative proposal that he hopes will lay the groundwork for a new Digital Asset ecosystem down under.
Russia-Ukraine War Reveals Crypto’s True Nature
Shockwaves reverberated through markets when the Russian-Ukrainian conflict broke out – the S&P 500 and save-haven fiat currencies dropped, while commodities prices surged amid supply disruptions fears. Even though cryptocurrency markets have suffered a slump initially, Bitcoin has held its ground.
Top 3 Metaverse Crypto Coins Gaining The Most Price Today (TVK, ERN, JGN)
With cryptocurrency markets trading sideways today, several Metaverse crypto coins are showing significant price gains. Let’s look at the top three Metaverse crypto coins gaining the most price today, ordered by 24-hour price growth, lowest to highest.
Federal Reserve Bank President Pushes for Faster Rate Hikes — Says the Fed Risks Losing Credibility on Inflation Target
The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and reduce the size of the Fed’s balance sheet. “The burden of excessive inflation is particularly heavy for people with modest incomes and wealth and for those with limited ability to adjust to a rising cost of living,” he stressed.