Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest …

Kamino is the latest Solana-based DeFi protocol to airdrop a token. Source: https://www.coindesk.com/business/2024/03/07/solana-defi-protocol-kamino-sets-kmno-token-airdrop-for-april/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chief marketing officer Michal Ferguson joins from cybersecurity platform Snyk, following the appointment of new CFO Michael Levine, and chief customer officer Madan Gadde. Source: https://www.coindesk.com/business/2024/03/07/fireblocks-prepares-for-bull-market-by-adding-new-executive-after-new-cfo-hire/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for March 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

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

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

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 …

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

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’ technology …

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