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Dogecoin whales have been on their toes in the previous 24 hours, with a 133% increase in large transactions. Large transaction spikes are frequently associated with increased activity from institutional players, or whales, who are either buying or selling. These transactions exceed $100,000 moved, according to IntoTheBlock.
More info: https://bit.ly/3wZEoLx
Polygon teases its community on two massive products set to be released shortly. It also hints at its multichain ecosystem, leaving the community to guess what it could be about.
As the community keeps its fingers crossed on incoming developments, it may be useful to look back on the targets the Polygon network put out at the start of 2022.
More info: https://bit.ly/3qBHuBg
The Russian Federation's energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey.
He said those countries could begin paying for energy in Russian Rubles, Chinese Yuan, Turkish Lira — or even Bitcoin (BTC) — rather than the international standard US dollar.
More info: https://bit.ly/36tqiab
United States President Joe Biden issued a quite comprehensive executive order that directs no less than two dozen cabinet members, departments and agencies in the government to study the benefits and detriments of blockchain technology for various aspects of the American economy.
More info: https://bit.ly/3txEBDj
The market cap of Ethereum stood at $366.13 billion on March 24, in comparison, the market worth of BoA was $347.51 billion, while that of Mastercard was $337.12 billion.
More info: https://bit.ly/3Lh96nf
Binance DeFi Staking has launched a new high-yield activity. Stake your BUSD from 2022-03-24 12:00 PM (UTC) to earn up to 13.33% APY.
More info: https://bit.ly/3Lf7lH7
Solana-based stablecoin protocol Cashio was exploited in an “infinite glitch” attack. Data from tracking tool DeFi Llama shows the total value locked on Cashio dropped by $28 million after the attack.
More info: https://bit.ly/3D26XJ7
According to the notice issued by the Thai SEC, businesses in the region have been advised against accepting crypto payments from April 2022 after discussing its implications with the Bank of Thailand (BOT).
“[Crypto payments] may affect the stability of the financial system and overall economic system including risks to people and businesses.”
More info: https://bit.ly/3D3OYlq
According to Bitcoin LightningNetwork+, the President of Honduras Xiomara Castro said El Salvador cannot be the only country to rid itself of dollar hegemony.
“We must not allow El Salvador to be the only country escaping dollar hegemony. Honduras has the right to move towards the First World countries.“
More info: https://bit.ly/3wqlOf7
Major cryptocurrency company Crypto .com has reached a sponsorship agreement with the Fédération Internationale de Football Association (FIFA). The non-profit organization is responsible for overseeing the world’s biggest sporting event – the World Cup tournament.
More info: https://bit.ly/3txaGLF
Grayscale Investments has launched a fund that allows investors to bet on Ethereum’s largest competitors in the smart contract space.
The fund’s top holdings, as of March 16, were Cardano (ADA) and Solana (SOL), each at roughly 24%. Avalanche (AVAX) and Polkadot (DOT) account for about 17% and 16%, respectively, of the portfolio, while the fund also allocates to Polygon (MATIC), Algorand (ALGO) and Stellar (XLM).
More info: https://bit.ly/3isAeDa
Malaysia’s deputy minister of its Communications and Multimedia Ministry told the parliament on Monday the country should consider adopting cryptocurrencies like Bitcoin as legal tender.
More info: https://bit.ly/3tuDwMI