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Some Celsius customers have reported being able to withdraw funds from the bankrupt crypto firm for the first time, some 263 days after the lender froze withdrawals in the lead-up to its bankruptcy filing.According to numerous social media posts, as of March 2, certain customers who held funds in Celsius’ Custody accounts have been overjoyed that they were finally able to withdraw their funds from the lender. Glad to be one of the few to get their money back in almost one piece. Hoping everyone else will receive theirs in due time — richieroyce.eth (@Richie_Royce) March 2, 2023 Customers report…

United States Securities and Exchange Commission Chair Gary Gensler has again backed a proposed rule that would extend asset custody rules to more cryptocurrencies, saying investors need more protection.The commission’s Investor Advisory Committee has proposed expanding 2009 rule designed to reduce the risk of advisers embarking on Ponzi schemes to all asset classes, including crypto assets that are not funds or securities.  The new rule would enhance protections provided by qualified custodians in light of new authorities granted by Congress in 2010, Gensler said.The proposed rule would also require written agreements between advisers and custodians, add requirements for foreign institutions…

NFT “Krapopolis,” the animated TV series from “Rick and Morty” co-creator Dan Harmon, has been renewed for a third season without airing a single episode. The show, set in mythical ancient Greece, is set to premiere on Fox sometime in 2023. It will be voiced by an all-star cast, including Hannah Waddingham, Richard Ayoade, Matt Berry, Pam Murphy and Duncan Trussell. Krapopolis launched its inaugural 10,420 Krap Chicken NFT collection in August, which allows holders to vote on show elements, access behind-the-scenes content, attend IRL experiences with the cast and crew and redeem rewards for official merch and digital goods.…

Yet, unlike in the conventional financial sector, where assets in one jurisdiction may be utilized in arbitrage operations in another country without the need for a trusted intermediary, the same strategy has long worked. For three reasons, neither blockchain works: Blockchains are unable to communicate with one another. Due to the trustless nature of public blockchains, arbitrage on a certain blockchain necessitates the existence of all relevant assets on that blockchain. In conventional finance, there is no trustworthy middleman between trustless blockchains. To address the capital inefficiency problem on the blockchain while also making money, innovative entrepreneurs built blockchain bridges…

NFT The emergent Bitcoin NFT ecosystem—practically non-existent just months ago—could balloon to $4.5 billion in market size by 2025, according to a report released Friday by Galaxy Research. Analysts anticipate that the Bitcoin Ordinal frenzy of the last two months is no blip. They project demand for the ability to store NFTs on the world’s oldest and most established blockchain will only grow in the coming years. Galaxy researchers say that even by summer of this year an entire infrastructure of products and services designed to cater to this growing market will be fully developed. “In just two months, wallets…

Eternal Dragons adds a new Arena mode, allowing players to compete against each other in PvP combat. They will spend a little time tweaking and adjusting their ELO and ranking system before launching a big PvP tournament with big prizes! Eternal Dragons takes another step forward with their alpha, introducing a new PvP Arena mode. In Arena mode, players can join a queue for a matchup against a random opponent, or create a room to play with their friends. An ELO system was introduced on March 1st. The first couple of rounds of league play will be for working out…

United Kingdom banks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They join a growing list of banks in the country to tighten restrictions on digital assets. A Bloomberg report on March 2 claims the step back is a response to warnings by U.K. regulators and scandals surrounding the crypto industry. Nationwide is reportedly applying daily limits of 5,000 British pounds ($5,965) on debit-card purchases of crypto assets, while credit cards will no longer be available for crypto transactions. Customers of HSBC were barred from making crypto purchases with their credit cards last…

Blockchain Blockchain data provider Chainlink’s price feeds have become available on the Base testnet, the Ethereum layer 2 blockchain incubated by crypto exchange Coinbase, allowing developers to access external data so that the smart contracts that underpin decentralized finance (DeFi) can execute based upon the information retrieved. Base will also join Chainlink’s Scale program, which covers “certain operating costs of Chainlink services.” The program was introduced in September to reduce developers’ costs ahead of the staking of its LINK token in December. Signing up Base to the program follows February’s inclusion of Netanya, Israel-based StarkWare. LINK has rallied about 25%…

NFT A federal judge’s recent ruling in Manhattan that claims Dapper Labs’ NBA Top Shot NFTs may be unregistered securities shows U.S. government regulations could be coming to the multi-billion dollar NFT market. Nicolas Julia, CEO of fantasy sports NFT firm Sorare, believes his product should be listed under a new category outside of existing sports betting and daily fantasy sports regulations. “We have been proactive with all regulators in the U.S. and Europe to help build the framework that might be appropriate for the new category we are building,” Julia told Decrypt. “It’s very clear that it’s not a…

Footballing giant, Manchester City, has teamed up with Power of Women to launch an NFT collection in celebration of International Women’s Day. The collection will debut on March 8, coinciding with this year’s Women’s Day celebrations, and aims to celebrate the passion and diversity of women in football today.The collection is made up of beautifully bold digital artworks featuring five unique pieces: I Am Powerful, I Am Proud, I Am Fearless, I Am Courage and I Am Resilient. The artwork is inspired by the incredible Manchester City x Puma Pankhurst kit range, which both the women’s and men’s teams will…