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Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — related to the collapse of cryptocurrency exchange FTX.According to a Jan. 31 Bloomberg report, U.S. senators including Elizabeth Warren, Roger Marshall and John Kennedy said Silvergate had not fully answered questions in response to a December letter about its alleged role in handling FTX user funds. Silvergate reportedly cited restrictions on disclosing “confidential supervisory information” — a rationale the senators said was unacceptable.“Both Congress and the public need and deserve the information necessary to understand Silvergate’s role in…

Blockchain While it is true that cryptocurrencies and NFTs get all the headlines, the metaverse has become extremely popular as well. However, a vital aspect which may not be discussed as much is spatial domains. These are an important component of decentralized web and blockchain technology. Instead of relying on centralized institutions like traditional domain registrars, they enable consumers to control and manage their digital identity and assets online with minimal difficulty. Over the Reality (OVER) has not therefore only made considerable progress in the realm of AR-enabled metaverse technology while also leveraging the capabilities of cryptocurrencies and NFTs, but…

Blockchain The European Investment Bank (EIB) launched its first-ever pound sterling-denominated digital bond. The bank continues to show interest in blockchain-based bond issuance. The European Investment Bank (EIB) launched its first-ever pound sterling-denominated digital bond using blockchain technology. The bank published a post on Jan. 31, highlighting that it is “continuing to spearhead market developments in the digitalization of capital markets with a fully digitally native bond issuance in pound sterling.” The bonds are worth £50 million, or about $61.5 million. They bear a floating interest rate and are registered on a private blockchain. There is also a public blockchain…

Blockchain Network technology startup PKT Pal has started taking pre-orders for its latest product, the “Mini,” a WiFi hardware device that rewards users with a coin called PKT for sharing their Internet connection. The device, which comes on the heels of a $5 million funding round led by Acuitas Group Holdings last August, will be shipped to customers as early as April, according to a press release. Customers will be able to mine and earn PKT, a fork of bitcoin launched in 2019, every minute the Mini is connected to the internet. Customers also earn PKT from sharing their WiFi…

Blockchain On Tuesday, January 31st, market-leading blockchain tech company ConsenSys announced the launch of its newest initiative MetaMask Learn. Interestingly, this is a free-to-use resource available across 10 different languages for anyone interested in learning about Web3. MestaMask Learn hosts an interactive UI environment helping new users onboard swiftly to self-custody. Besides, it also guides users through some of the most common topics to help them get started in Web3. Major shocks in the crypto space last year have shattered investors’ trust in self-custodial platforms. On the other hand, average retail investors lack the knowledge and understanding of alternative custodial…

The iconic Barbie dolls return to the NFT market with a brand new collection in partnership with Boss Beauties! This time, collectors will be able to mint one of the 250 professions Barbie dolls have occupied over the decades. In total, there will be 15,000 collectibles aiming to encourage girls around the world to turn their dreams into reality. Mattel’s Barbie and Boss Beauties team up for the second time to bring a new NFT collection to the market. Credit: Mattel   What is the new Boss Beauties x Barbie NFT drop about? This year, Barbie aims to celebrate the…

When we think of NFTs, we think of many popular blockchains like Ethereum, Solana, and so on. But interestingly, we hardly hear of Bitcoin, despite it being one of the top blockchains in the industry. All that might be about to change, however, as a new protocol called ‘Ordinals’ has been launched on the Bitcoin mainnet which promises the dawn of Bitcoin NFTs. BREAKING: ???? NFTs ON #BITCOINOrdinals are taking up most of the BLOCKSPACE ???? pic.twitter.com/Gxwq4vV8MI— ⚡ (@BitcoinNewsCom) January 29, 2023NFTs Coming to BitcoinThis protocol is the brainchild of software engineer Casey Rodarmor and it officially went live on January…

Supremacy Games and Tyranno Studios have teamed up to launch a collection of Stormtrooper NFTs. The NFTs are based on Shepperton Design Studio’s Original Stormtrooper design, back in 1976.  Now, fans of the popular space film series can collect these PFP NFTs and use them in an upcoming game. There are ten thousand NFTs, and they will launch on the Ethereum blockchain on October 27th. Offically licensed Stormtrooper NFTs are coming to galaxy near you. These are the Stormtrooper NFTs you are looking for! Supremacy Games, the Helsinki-based developer and publisher, has teamed up with Tyranno Studios, the web3 pioneers…

With 2022 in the past now, many crypto users hope the FTX crisis will also remain a mere bitter memory from last year. While the effects of the crash of one of the biggest CEXs in the crypto industry are still rippling through the space, one platform is taking bold steps to ensure the security of its customers’ funds.Gracy Chen, managing director of Bitget shares her views and tips on making it through the crypto bear market.Q: How does Bitget ensure the security of customer assets?Bitget always strives to provide a secure, one-stop trading solution for users. We have taken…

Blockchain A community “temperature check” vote to see which cross-chain bridge would be utilized for decentralized exchange Uniswap’s third iteration swung decidedly in favor of Wormhole. But there’s a catch. Today’s outcome isn’t technically final. An official vote to approve Wormhole as a bridge between Ethereum and the BNB chain is yet to come. But a behind-the-scenes fight among deep-pocketed crypto investors could potentially swing the outcome in a different direction, three sources tell The Block — with hundreds of millions of dollars at stake. The fight involves venture capital firms a16z and Jump, which back LayerZero and Wormhole, respectively.…