Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  •  Massachusetts securities regulator enforcement action against Robinhood was settled recently. Robinhood will “overhaul its digital engagement practices” and pay a $7.5 million fine.
  • Blockchain layer two Manta Network successfully listed its Manta token on several exchanges but the company was hit by a denial-of-service attack shortly. Co-founder of MantaNetwork Kenny Li wrote in an X post that the blockchain was hit by a massive DDoS attack.
  • An AI-generated NFT feature has been published on Coinbase’s NFT marketplace. Coinbase revealed Instamint, its newest addition to the NFT marketplace, in a post on X. With the use of artificial intelligence, users can create NFTs with this feature.
  • The Goerli testnet of Ethereum successfully upgraded to “Dencun,” using the EIP-4844 “Proto-Danksharding” breakthrough. This clears the path for two more significant testnet forks and a subsequent transfer to the Ethereum mainnet by the end of March.
  • The NFT Game on NiftyIsland Opens in Beta With Airdrop Prizes Active users who mint NFTs and create experiences will receive future token bonuses in Nifty Island, the NFT-based design-an-island game.
  • FraxFinance—home of one of the biggest stablecoins in the world—plans to launch its layer 2 blockchain, Fraxtal soon.
  • Cryptocurrency exchange WOO X has raised $9M in its most recent investment round from investors, including cryptocurrency market creator Wintermute.
  • In a filing on Thursday, the Securities and Exchange Commission stated that it will take until March 5 to decide on Fidelity’s request for an EthereumETFs .
  • According to a presidential office official, the financial regulator in South Korea has been instructed to reevaluate the prospect of authorising a local spot bitcoin exchange-traded fund (ETF).
  • Forbes has introduced Connect Wallet, a mechanism that lets customers actively participate in the company’s web3 coverage while providing free access to premium content.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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