Breaking crypto and Web3 news, analysis and market intelligence for institutional investors.
Magic Eden, a nonfungible token marketplace, has introduced its own “fully audited” marketplace for Bitcoin Ordinals in an effort to capitalise on the growing interest in “Bitcoin NFTs.” A comparable user experience to that provided by Magic Eden for Polygon, Ethereum, and Solana-based NFTs is provided by the recently created marketplace, which enables Bitcoin NFT … Read more
As the leading cryptocurrency wallet MetaMask promotes direct onramps with regional banks, buying self-custody cryptocurrencies is becoming simpler in Nigeria. The parent company of MetaMask, ConsenSys, announced a new interface with cryptocurrency fintech MoonPay on March 21. This allows users in Nigeria to buy cryptocurrency through immediate bank transfers. The new function is accessible via … Read more
Silicon Valley Bank failed as a result of a perfect storm of losses, uninsured leverage, and a sizable loan portfolio, among other things (SVB). A comparison of SVB’s situation with that of other players showed that approximately 190 US banks may be vulnerable to a run. While the collapse of SVB served as a reminder … Read more