Zipmex Rescue Plan Hits Snag as Buyer Misses $1.2M Payment
• Zipmex, a Thailand-based crypto exchange, is facing challenges to its $100 million rescue plan as the investor missed a $1.25 million payment due on March 23rd. • The exchange…
NFT Hype Halts as US Banking Turmoil Boosts DeFi Activity
• The recent collapse of the Silicon Valley Bank (SVB) and the USD Coin (USDC) de-peg halted the hype around Non-Fungible Tokens (NFTs). • Defi’s transaction volume exceeded $58B during…
Hedera Halts Wallet and App Access, Possible Exploit Detected
• Hedera has temporarily blocked access to most of its services due to irregularities in its smart contracts. • The project’s mainnet continues to operate, but wallets, decentralized exchanges and…
Tether Not Affected by Silvergate Controversy, CTO Says
• Tether CTO Paolo Ardoino recently announced that the company has no exposure to Silvergate, a distressed US bank. • The announcement follows increased scrutiny of the bank’s ties with…