Binance Transfers $1B from BUSD to Bitcoin and Ether
Binance has announced its intention to convert $1 billion of its Industry Recovery Initiative fund assets into Bitcoin, Ether and BNB.
Euler Finance Is Targeted By Hackers
Euler Finance faced a flash loan attack on March 13 that resulted in the theft of millions of dollars worth of DAI, USD Coin, staked Ether (StETH), and wrapped Bitcoin (WBTC).
AML Laws to Be Implemented to Crypto in India
The Indian Ministry of Finance has decided to extend anti-money laundering legislation to the digital currency market.
The Fed is Creating a Team of Crypto Experts
Michael Barr, a Fed spokesman, has confirmed the regulator plans to create a group of crypto experts.
HSBC Takes Ove Silicon Valley Bank’s British Arm
HSBC has announced it has acquired the British “daughter” of Silicon Valley Bank for £1 ($1.21).
Gwyneth Paltrow Participates in Funding Round of Web3 Platform Wild
Wild, a digital art-focused Web3 platform, has raised $7 million in seed funding in a round led by venture capital firm Matrix Partners.
Hut 8 Mined 3,568 BTC in 2022
Hut 8 Mining’s revenue amounted to 150.7 million CAD ($109 million) last year, a decrease of $23.1 CAD from the previous period.
