🟢 Binance adds 11 tokens to PoR, claims $63B in reserves

According to an announcement on March 7, cryptocurrency exchange Binance has added an additional 11 tokens to its proof-of-reserves (PoR) report.

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🟢 Lawyers’ picnic: FTX counsel and advisers rake in $34M in January

Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case.

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🟢 Debate over 2FA using SMS after SIM-swapping victim sues Coinbase

While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA.

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🧑‍🎓 AlphaTrue News in brief for March 9 🧑‍🎓

🟢Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme [dets]

🟢Lido Finance proposed stopping liquid staking on Polkadot and Kusama ecosystems [dets]

🟢⁠Yuga Labs' Otherside Metaverse to Launch Second Trip on March 25 [dets]

🟢Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC [dets]

🟢Mirror launches “Subscribe to Mint” feature, deployed on Ethereum, Optimism and Polygon. [dets]

🟢Flip the script: This digital collection is making a real-world impact [dets]

🟢Is security tokenization the 'Amazon-moment' for blockchain technology? [dets]
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🧑‍🎓 AlphaTrue News in brief for March 10 🧑‍🎓

🟢U.S. DOJ Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US [dets]

🟢Hedera confirms hackers stole tokens from DEXs, exploiting a bug in 'smart contract service' [dets]

🟢⁠SEC of Thailand wants public feedback on crypto lending, staking ban [dets]

🟢Why is the crypto market down today? [dets]

🟢Biden budget proposes 30% tax on crypto mining electricity usage [dets]

🟢I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K [dets]

🟢Breaking: Bitcoin slips under $20K amid Biden budget, Silvergate collapse [dets]

🟢Meta working on text-based decentralized social network codenamed P92 [dets]
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🧑‍🎓 AlphaTrue News in brief for March 13 🧑‍🎓

🟢Silicon Valley Bank collapse: Everything that’s happened until now [dets]

🟢Bank of London bids to acquire Silicon Valley Bank’s UK arm [dets]

🟢⁠US authorities preparing ‘material action’ to curb SVB contagion [dets]

🟢Breaking: Signature Bank closed by New York regulators, citing 'systemic risk' [dets]

🟢US Fed announces $25B in funding to backstop banks [dets]

🟢Nissan files 4 new web3 trademarks, trials sales in the metaverse [dets]

🟢Binance US, Alameda, Voyager Digital and SEC — the ongoing court saga [dets]

🟢Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound [dets]
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🟢 Euler Finance hacked for over $195M in a flash loan attack

Euler Finance was exploited in a flash loan attack that drained hundreds of millions of decentralized stablecoins and synthetic ERC-20 tokens.

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🟢 Silicon Valley Bank collapse: Everything that’s happened until now

Events surrounding Silicon Valley Bank are moving fast. Here is a breakdown of the major developments over the last week.

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🟢 Binance CEO announces recovery funds conversion from BUSD to ‘native crypto

Binance CEO says with recent “changes” in stablecoins and banks, the company’s recovery fund will be converted from BUSD to native cryptocurrencies such as Bitcoin.

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🧑‍🎓 AlphaTrue News in brief for March 14 🧑‍🎓

🟢Bitcoin market cap flips tech giant Meta, widens gap on Visa [dets]

🟢More than 280 blockchains at risk of ‘zero-day’ exploits, warns security firm [dets]

🟢⁠Meta pulling the plug on NFTs across Instagram and Facebook [dets]

🟢Biden pledges ‘no cost to the taxpayer’ to shield SVB, Signature depositors [dets]

🟢Binance to Suspend British Pound Deposits, Withdrawals [dets]

🟢Biden reassures Americans that banking system is safe in wake of collapses [dets]

🟢Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer [dets]
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🟢 Debtors saved over $100M using de-pegged stablecoins to repay loans

Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar.

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🟢 Polygon Labs partners with Unstoppable Domains to launch top-level domains

Polygon ecosystem users will be able to create .polygon Web3 domains through a new partnership with Unstoppable Domains.

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🟢 Enterprise software giant Salesforce partners with Polygon for NFT-based loyalty programs

Salesforce, one of world’s largest customer relationship management software firms, has partnered Polygon Labs to help its clients develop non-fungible token (NFT) based loyalty programs on the Polygon blockchain

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🟢 Binance replaces BUSD in SAFU fund with TUSD and USDT

Binance assured users that the change would not impact them in any way and that their funds would continue to be held in publicly verifiable addresses.

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🟢 More than 186 US banks well-positioned for collapse, SVB analysis reveals

Rising interest rates, which brought down the U.S. banking system’s asset market value by $2 trillion, combined with a large share of uninsured deposits at some U.S. banks, threaten banks’ stability.

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🟢 Microsoft reportedly testing Edge browser Web3 wallet integration

The supposed screenshots show a noncustodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge.

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🟢 Real-world assets tokenization lacks infrastructure, not just regulation

Assets tokenization has been held back by lack of infrastructure and regulatory standards worldwide.

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