AAVE DAO Approves “Rescue Plan” To Save Lost Tokens
The plan aims to enable developers to retrieve tokens from certain AAVE contracts and send them to owners who transferred them by mistake. The language of a proposal approved by the AAVE decentralized autonomous organization (DAO) on March 10 states that certain AAVE users who unintentionally sent tokens to the incorrect address may soon be […]
Yuga Labs Announces Second Trip Into Otherside Metaverse
According to a statement from Yuga Labs, the Otherside blockchain gaming metaverse’s second test will launch on March 25. Holders of Otherdeed NFTs will take part in a metaverse-based interactive gaming event coordinated by Otherside Team Captains. The second test event of the Otherside metaverse will go live on Mar. 25, with the precise time […]
CoinTracker Partners with H&R Block to offer crypto tax preparation
Major tax preparation firm H&R Block and CoinTracker announced their alliance For the 2023 tax season. CoinTracker stated in a statement that customers of American H&R Block would be able to use CoinTracker and have their Form 8949 involving cryptocurrency trades immediately filled out as a result of the cooperation. To report one’s capital gains […]
Swift Launches Second Phase Of Its CBDC Pilot Program
Swift’s phase two CBDC pilot study will explore the benefits and challenges of integrating digital currencies with its platform. Following the encouraging outcomes from the first phase, Swift, a well-known financial messaging network, has announced preparations to start its phase two pilot program. The pilot program’s goal is to evaluate potential use cases for Swift’s […]
Alameda Research to sell interest in Sequoia Capital to Abu Dhabi
Alameda Research, FTX’s sister company, agreed to sell Abu Dhabi’s sovereign wealth fund its stake in Sequoia Capital for $45 million. The most recent development in the FTX bankruptcy case comes as a new agreement has been reached between the now-defunct cryptocurrency exchange and a business owned by the Abu Dhabi government. According to a […]