Month: März 2023

• The European Central Bank (ECB) has noted the inconsistency in crypto banking license procedures and wants to harmonize them. • Most requests for licenses have come from banks in Germany, with one from Luxembourg. • The ECB is taking steps to ensure that national frameworks governing crypto assets are more consistent. ECB Wants More Consistent Crypto Banking Licenses The European Central Bank (ECB) has noted the inconsistency in crypto banking license procedures and wants to harmonize them. Most requests for licenses have come from banks in Germany, with one from Luxembourg. The ECB is taking steps to ensure that … Continue reading ECB: Crypto Banking Licenses Need Consistent Rules Across EU

• DWF Labs has invested $10 million in blockchain infrastructure provider Orbs Network. • The investment sent the native ORBS token, which has an $85 million market cap, up close to 15%. • Orbs recently launched its flagship layer 3 product, a decentralized “time-weighted average price” protocol for decentralized exchanges. DWF Labs Invests $10M in Blockchain Infrastructure Provider DWF Labs has invested $10 million in blockchain infrastructure provider Orbs Network. The investment sent the native ORBS token, which has an $85 million market cap, up close to 15%. Orbs recently launched its flagship layer 3 product, a decentralized “time-weighted average … Continue reading DWF Labs Invests $10M in Orbs Network, ORBS Token Rises 15%

• The article discusses the current state of the Bitcoin (BTC) market, which has been in a flat trading pattern since falling 5% on Friday. • Analysts are now looking to U.S. Treasury yields for fresh cues, as a further rise in bond yields could lead to a sell-off of riskier assets like cryptocurrencies and technology stocks. • QCP Capital warned that crypto prices might struggle to maintain current levels if equities continue to fall and the dollar index and yields continue to move higher. Bitcoin Market Struggles Amid Yield Uncertainty The Bitcoin (BTC) market has been trading dead flat … Continue reading Bitcoin Comatose, Observers Look to Treasury Yields for Cues

Overview • Marathon Digital will need to restate portions of its 2021 and 2022 financial reports due to an inquiry from the SEC. • The issue is related to impairment calculations and determining if the company was acting as an agent or principal. • The 2022 Q4 earnings report has been delayed until the 10-K filing is completed. SEC Inquiry Finds Accounting Issues Marathon Digital (MARA) announced that it will need to restate certain portions of their audited 2021 results and currently unaudited quarterly reports from 2022 after an inquiry from the U.S. Securities and Exchange Commission (SEC). According to … Continue reading Marathon Digital to Restate Results on Accounting Issues