Cointime

Download App
iOS & Android

Crypto Morning Briefing: Coinbase No Longer Supporting Signature Bank’s Signet Network

Cointime Official

Top Stories

Coinbase No Longer Supporting Signature Bank’s Signet Network

Coinbase Global (COIN) told clients on Monday it’s no longer supporting Signet, the real-time payments network of failed Signature Bank.

Immutable and Polygon Labs Team Up to Expand the Web3 Gaming Ecosystem

Web3 gaming developer platform Immutable is forming a strategic partnership with blockchain protocol Polygon Labs to accelerate the development of Web3 gaming.

GameFi Project Gala Files $28M Lawsuit Against pNetwork

On Mar. 20, GameFi project Gala Games announced it had recently filed a lawsuit against pNetwork, the cross-chain interoperability bridge used by Gala on the BNB Smart Chain.

Florida Gov and US Presidential Hopeful Calls for CBDC Ban

Ron DeSantis, the Governor of Florida expected by many to throw his hat into the ring for the 2024 United States presidential race, has called for a ban on a digital dollar.

Boba Network Announces Integration with NOWPayments

Boba Network, the only multichain layer-2 blockchain scaling solution and the only smart contract platform that enables Web3-Web2 interoperability, is pleased to announce its integration with NOWPayments, the non-custodial crypto payment gateway created by the team behind ChangeNOW.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $28,139.16 USD, jumped by 0.36% in the last 24 hours;

ETH’s live price is $1,771.06 USD, dropped by 1.45% in the last 24 hours;

BNB’s live price is $337.98 USD, dropped by 0.88% in the last 24 hours;

XRP's live price is $0.37 USD, dropped by 2.66% in the last 24 hours.

Fundraising News

Turkey’s Metatime Raises $11 Million in Seed Funding Amid Rising Crypto Adoption

Metatime, a Turkish crypto exchange that has yet to launch, raised $11 million in seed funding.

Comments

All Comments

Recommended for you

  • How Crypto Could Help Open-Source AI Reach Its Potential

    The impact of artificial intelligence (AI) is being felt across various sectors, including drug discovery, workforce productivity, and personalized content on streaming platforms like Netflix. Experts predict that the AI industry will grow by 40% annually and reach a trillion-dollar market by 2030, potentially transforming industries on an unprecedented scale. The use of cryptocurrency could play a crucial role in enabling open-source AI to overcome current limitations and reach its full potential.

  • ECB board member Patsalides warns Trump's tariff plan could lead to stagflation in Europe

    Christodoulos Patsalides, a member of the European Central Bank's board, warns that if US President-elect Donald Trump follows through on his threatened trade tariffs, the European economy could ultimately fall into stagflation. "Trade tensions are escalating," said the Cyprus Central Bank governor on Thursday in Nicosia. "If trade restrictions become a reality, the outcome could be inflation, economic recession, or worse, stagflation." He said that although there is room for further lowering of borrowing costs, it should be done "at a stable pace and magnitude."

  • Scam Sniffer: Crypto-Malware "Meeten" Renamed to "Meetio", Reminding Community to Be Vigilant

    Scam Sniffer posted on X platform, stating that the crypto conference malware "Meeten" has been renamed to "Meetio". The community is warned to be vigilant, as the renamed application is just a "disguise" and still poses a security threat.

  • Bankless Co-founder: The market has entered the beginning of the second half of the crypto bull market

    Ryan Sean Adams, co-founder of Bankless, posted on X platform stating that the current market has entered the beginning stage of the second half of the crypto bull market.

  • Elon Musk appointed by Trump to lead advisory board on government efficiency and restructuring

    President-elect Donald Trump has appointed Elon Musk and Ramaswamy to lead an advisory board called the "Department of Government Efficiency." The board aims to reduce government bureaucracy, cut wasteful spending, and restructure federal agencies. Rep. Marjorie Taylor Greene will chair a House subcommittee on "DOGE" to recommend executive actions to reduce waste and provide savings for taxpayers. Musk and Ramaswamy are reportedly creating a smartphone app for Americans to file taxes for free, causing shares of tax filing services H&R Block and Intuit to drop. However, the commission has received criticism from Senator Elizabeth Warren.

  • Curve: Market leverage demand surged after Trump's election, and protocol revenue grew rapidly

    On November 21st, Curve Finance stated that the crypto industry has experienced a large-scale increase after Trump recently won the US election. Key stocks such as MSTR and COIN have been reevaluated, and Bitcoin has approached the $100,000 mark. The demand for leverage has led to an increase in DAO's weekly income, rising from an average of $268,000 before Trump took office to $581,000 in the past week. Currently, the annual income allocated to veCRV holders is approximately $31 million, not including income from participating in voting incentives. As of today, including voting incentive bonuses, DAO has accumulated $554 million.

  • Paypal: There is a problem with the system at present, which may affect multiple products

     Paypal: Currently experiencing system issues that may affect multiple products; Merchants may be facing a higher number of errors.

  • Sui: The cause of the outage has been identified and a fix will be released soon

    Sui stated in a post on X that the Sui network is currently experiencing a malfunction and is unable to process transactions. The problem has been identified and a fix will be released soon. Earlier reports indicated that Sui Network stopped producing blocks 2 hours ago and has not yet resumed.

  • Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules

    Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization

  • Coinbase Chief Legal Officer: US SEC blocks Coinbase’s request to disclose Gary Gensler’s communication documents

    Paul Grewal.eth, the Chief Legal Officer of Coinbase, wrote on the X platform that the issues of Chevron and Binance's secondary sales have been clarified, but in Coinbase's lawsuit, the U.S. Securities and Exchange Commission (SEC) has prevented Coinbase from requesting the disclosure of Gary Gensler's communication documents. In March 2021, Gary Gensler told the U.S. Congress that the SEC lacked regulatory authority over digital asset exchanges, confirming the long-held belief among market participants that digital asset trading on these exchanges is not within the jurisdiction of securities law. Coinbase has requested that Gary Gensler provide documents related to these communications because they are related to how the SEC's enforcement actions violate the due process requirements of the Constitution, but the SEC and Gary Gensler are trying to prevent the disclosure of these documents.