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Latest headlines from Coindesk.

Crypto Wallet SafePal Ventures into Banking with New USDC Visa Card

Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.

https://www.coindesk.com/business/2024/03/07/crypto-wallet-safepal-ventures-into-banking-with-new-usdc-visa-card/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Pantera Looks to Purchase Discounted Solana Tokens With New Fund: Bloomberg

Prices of Solana’s SOL are up nearly 600% over the past year, CoinGecko data shows.

https://www.coindesk.com/business/2024/03/07/pantera-looks-to-purchase-discounted-solana-tokens-with-new-fund-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report

Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.

https://www.coindesk.com/policy/2024/03/07/nigerias-sec-updates-guidelines-for-crypto-firms-in-bid-to-stop-criminal-activity-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong’s Central Bank Announces New Wholesale CBDC to Support Tokenization Market

Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.

https://www.coindesk.com/policy/2024/03/07/hong-kongs-central-bank-announces-new-wholesale-cbdc-to-support-tokenization-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets

The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.

https://www.coindesk.com/tech/2024/03/07/ethereums-dencun-upgrade-could-mean-near-zero-fees-for-layer-2-blockchains-fidelity-digital-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange

Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said.

https://www.coindesk.com/business/2024/03/07/figment-apex-to-list-ether-and-solana-staking-etps-on-six-swiss-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea

Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.

https://www.coindesk.com/markets/2024/03/07/bitcoin-trade-that-gave-bankman-fried-his-millions-returns-in-south-korea/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps

The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technolo...

https://www.coindesk.com/business/2024/03/07/cryptography-firm-zama-raises-73m-for-fully-homomorphic-encryption-apps/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BlockFi Settles With FTX, Alameda Estates for $874.5M

The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.

https://www.coindesk.com/policy/2024/03/06/blockfi-settles-with-ftx-alameda-estates-for-8745m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

How the SEC's Recent Win May Play in Its Coinbase, Binance Cases

A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed a...

https://www.coindesk.com/policy/2024/03/06/how-the-secs-recent-win-may-play-in-its-coinbase-binance-cases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency

The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.

https://www.coindesk.com/tech/2024/03/06/protocol-latest-tech-news-crypto-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Native Token Transfers Are the Next Evolution of Interoperability

Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward.

https://www.coindesk.com/consensus-magazine/2024/03/06/native-token-transfers-are-the-next-evolution-of-interoperability/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin 'V-Shape' Recovery Opens Way for $76K Price Target: Swissblock

Bitcoin's sharp rebound from Tuesday's plunge indicates a start of a new rally targeting $76,000, Swissblock said.

https://www.coindesk.com/markets/2024/03/06/bitcoin-v-shape-recovery-opens-way-for-76k-price-target-swissblock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Wormhole to Airdrop 617M W Tokens to Past Users

The token bridging service confirmed it will release a W token in crypto's latest airdrop.

https://www.coindesk.com/business/2024/03/06/wormhole-to-release-617m-w-tokens-in-first-airdrop/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: Bitcoin Cry for Help Heard

It may seem perplexing to the corporate mindset that bitcoin's price surged this week to a new all-time high above the old record around $69,000, even as the dominant Bitcoin Core software used to run...

https://www.coindesk.com/tech/2024/03/06/the-protocol-bitcoin-cry-for-help-heard/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?

https://www.coindesk.com/consensus-magazine/2024/03/06/adjusted-for-inflation-bitcoin-hasnt-topped-its-all-time-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Digital Assets Innovation Needs to Balance Decentralization and Security

The immaturity of security controls in DeFi is a challenge for institutional adoption. Here’s how to address that.

https://www.coindesk.com/business/2024/03/06/digital-assets-innovation-needs-to-balance-decentralization-and-security/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Liquid Restaking Tokens: What Are They and Why Do They Matter?

LRTs repurpose staked ether to support external systems like rollups and oracles with an economic security layer, explains Marcin Kazmierczak, Co-Founder of RedStone & Warp.cc.

https://www.coindesk.com/tech/2024/03/06/liquid-restaking-tokens-what-are-they-and-why-do-they-matter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts

Bitcoin {{BTC}} reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wo...

https://www.coindesk.com/markets/2024/03/06/bitcoin-record-high-wouldve-happened-without-etfs-just-much-later/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval

Uniswap's UNI gained 20% as a governance proposal to distribute protocol revenues among token holders gets overwhelming support in a temperature check before voting.

https://www.coindesk.com/markets/2024/03/06/uniswaps-uni-gains-20-as-token-reward-proposal-inches-closer-to-approval/?utm_medium=referral&utm_source=rss&utm_campaign=headlines