- The test version of the decentralized social network "Bluesky," created by Twitter founder Jack Dorsey, is now available for download from the Apple App Store (there is no Android version yet), but to create an account, an invitation is required, which can be obtained by requesting it from Bluesky CEO Jay Graber.
- BTCPay Server released a new major version 1.8.0. It includes customer checkout forms, store branding options, address labeling and more.
- The multi-billion dollar loss of the crisis-hit crypto bank "Silvergate" could still increase, raising further questions about the bank's future.
- Clients of "Kraken" and "Binance" will no longer be able to use "Signature" bank services to send money to/from these platforms
- Puerto Rico has extended tax incentives for Bitcoin and crypto sector.
- Justin Sun, the founder of Tron (TRX) blockchain and the actual CEO of Huobi exchange, is considering that China could actually ease its crypto policy after the Hong Kong experiment, which is preparing to become a crypto center.
- A working group being formed in the US has already begun regular talks about the "digital dollar" project, and the group will be led by the Treasury Department.
- The Reserve Bank of Australia has announced CBDC tests, involving local banking giants and Mastercard.
- The term "account abstraction" or "smart accounts" will now be heard more often when talking about Ethereum (ETH), as this solution has been implemented on its blockchain, although it is predicted that it will still take many months to fully implement. In simple terms, this solution is said to allow for simpler and safer management and use of one's ETH tokens without the use of seed words.
- Creditors of the defunct BTC exchange "Mt. Gox" may begin receiving their first payments as early as this month.
- The market sentiment is probably best described by this index (which was in the "greed" zone a week ago):
- Jeff Ross, the founder and CEO of Vailshire Capital Management, says that until it is clear that inflation is really decreasing, it is not worth expecting that BTC, other riskier assets, gold, or bonds will increase in value. However, according to Jeff, there may be stronger movements in the next quarters.
- "CryptoCompare" calculates that despite poor macro and regulatory news, the global portfolio of digital asset investment products increased for the third consecutive month in February, rising by 5.3% to reach USD 28.3 billion, the highest value since May 2022.
- "MIT Technology Review" published a sad text by Amy Castor, well-known for her constant spread of false information about BTC, stating that Ethereum has abandoned the "nature-harming" proof-of-work (PoW) algorithm and that BTC could also do the same.
Click here for Monday's, Tuesday's, and Wednesday's recaps.
Prepared via dessenter.ghost.io.