Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,’ CEO Says
A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said.Source
The Algorand Foundation Branches Out to India
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.Source
First Mover Asia: Will CFTC’s Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress.Source
FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure
The Federal Deposit Insurance Corp. (FDIC) is trying to hurry the stranded crypto customers out the door of the temporary entity that holds the assets of the former Signature Bank, asking them to cash out by next week – whether they have a new bank or not.Source
Canada to Ask Pension Funds to Disclose Crypto Exposure
The budget for 2023 also includes that OSFI will consult federally regulated financial institutions on guidelines for publicly disclosing their exposure to crypto-assets.Source
NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon
The popular project, which launched in September 2022, is using a cross-chain bridge to bring its 15,000-edition generative art collection to Polygon.Source
Bitcoin Layer 2 Stacks’ Token a Top Performer in March
STX has gained 23% in March and is up 350% over the past year.Source
Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process
Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.Source
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
The service is currently available in the U.S., UK, EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”Source
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit
The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s filing against Binance and its CEO, Changpeng Zhao.Source