India preparing for a CBDC-driven economy — Central bank governor
Outgoing Reserve Bank of India Governor Shaktikanta Das envisions the digital rupee revolutionizing India’s economy, emphasizing gradual CBDC adoption.
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Bybit asks DAO to return fees earned from hack transactions
Bybit onfirmed it was behind a proposal requesting that decentralized finance (DeFi) protocol ParaSwap return fees earned from swaps conducted by the Lazarus Group using digital assets stolen from the exchange. On March 4, a proposal was posted on ParaSwap’s decentralized autonomous organization (DAO) forum asking to freeze and return 44.67 Wrapped Ether (wETH), worth

Crypto Skeptic Massachusetts Secretary Creates Fintech Advisory Group
The office of the Secretary of the Commonwealth of Massachusetts, which oversees the state’s securities regulator, has reportedly formed a fintech advisory group, banking trade publication American Banker reports on March 7.The office of Secretary William Gavin has reportedly formed a group comprising representatives from Eastern Bank in Boston, a blockchain firm called Arwen, academics…

DOJ sues Visa over alleged payments monopoly
The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market.

India’s Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal
The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors.The roadshow was originally scheduled to visit eight major Indian cities over 20 days — New Delhi, Jaipur, Ahmedabad, Surat, Mumbai, Pune, Hyderabad, and Bangalore.However, following India’s Supreme Court ruling that…

Bitcoin payday? Crypto to revolutionize job wages… or not
Speaking at a Chamber of Digital Commerce panel discussion in late February, City of Miami Mayor Francis Suarez noted that his city’s employees, like others, are worried about the “potential devaluation of the dollar,” so he proposed to the Miami City Commission a resolution to allow “our employees to take a percentage of their salaries…

Polymarket users complain of mysterious Google login wallet attacks
The attacker used a “proxy” function to swipe victims’ USDC balances, but only a small number of Google login users have been affected.

BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024.

Five Years of Ethereum: From a Teenage Dream to a $38B Blockchain
It would seem that five years is a relatively short time for an information technology company, but Ethereum has made colossal progress during this time, growing from its own initial coin offering project to the largest blockchain platform, running about 2,000 decentralized applications. Today, the market capitalization of its native cryptocurrency, Ether (ETH), is worth…