Crypto News

Binance doubles down on Ultiverse with another $5 million investment
One week after leading a $4.5 million seed investment in Ultiverse, Binance’s venture arm is betting another $5 million on the metaverse gaming startup.

Solana (SOL) Jumps 10% Moving Past $100, Here Are The Key Reasons
Ethereum Layer-1 competitor Solana (SOL) is making strong moves to the north. The SOL price has surged 10% in the last 24 hours and is currently trading at $104. This is for the first time in a month’s time that SOL price has surged past $100.

Report: Gas Giant Exxon Is Running a Gas-to-Bitcoin Mining Pilot Program in North Dakota
Exxon Mobil Corporation is reportedly participating in a pilot program that leverages excess natural gas to power crypto mining machines, according to a recent report quoting people familiar with the matter. The report states that the oil giant is partnered with the firm Crusoe Energy Systems, and the pilot is purportedly taking place in North Dakota at the Bakken shale basin.

Bank of England and regulators assess crypto regulation in raft of new reports
The Bank of England Financial Policy Committee and other U.K. regulators are assessing crypto regulation after publishing reports on financial stability relating to cryptoassets and decentralized finance.

Marc Andreessen may step down from Meta board due to crypto empire: Reports
Billionaire co-founder of crypto venture capital firm A16z Marc Andreessen may be leaving the board of directors of Meta due to his firm’s investments in the Web3 space.

BitKeep Accelerates the Market Carving-up, With Its Swap Share Reaching Half of That of MetaMask
BitKeep Swap total transactions exceeded 5 million. Kevin, CEO of BitKeep, a Web3.0 crypto wallet, tweeted on March 21. According to the latest data released by Consensys: BitKeep, with an average daily swap amount of 20 million US dollars, has become the decentralized wallet that supports most public chains, most tokens/coins in the world with the largest number of cross-chain Swap transactions.

The United States Won the Web 2.0 Tech Race – But What About Web 3.0?
The US Securities Act and the singing telegram – what do these two things have in common? They both came to be in 1933, nearly a century ago. The US Securities Act, along with the Exchange Act of 1940, both continue to drive the way financial products are offered and traded, hampering the innovation in financial technologies.

Facebook Owner Meta Files 8 Trademark Applications Covering Metaverse, Crypto Services
Meta Inc., formerly Facebook, has filed eight trademark applications relating to a wide range of crypto services and the metaverse. They include cryptocurrencies, crypto trading, blockchain software, crypto wallets, and crypto exchanges.