Polygon zkEVM Mainnet Beta Goes Live

Polygon’s highly anticipated zkEVM Mainnet Beta, which has been in development for over a year, is now available. ZkEVM is an off-chain scalability solution that is part of the Polygon (previously known as Matic) network. Thanks to this technology, Ethereum network scalability and usage speed increase, while the cost is projected to decrease.

G7 to cooperate on stricter Crypto Regulations

Stringent regulations around the world about cryptocurrencies are under way. This week, the G7 countries announced that they would cooperate on stricter crypto regulations. At a meeting last week, G7 leaders agreed on the need for tighter regulations on cryptocurrencies. G7 leaders will make cryptocurrency regulation more stringent to combat international money laundering and terrorist financing activities.

Deutsche Bank shares are falling, banking is soaring

2 in Europe during the banking crisis. during the big bank crisis. In the wake of Credit Suisse’s problems, investors worried about the loss of the shares of Deutsche Bank, Germany’s largest bank, last week. Although it is known that COVID-19 process and the bank went through difficult days after it, the decrease in the credit rating is thought to have caused the loss of value of its shares.

Bank deposits decrease as investors invest in Bitcoin

As Bitcoin and other cryptocurrencies have become increasingly popular over the past few years, the investment preferences of customers of banks from traditional financial institutions seem to be changing. A recent report shows that the growing interest of investors in investing in Bitcoin has led to a decline in deposits to banks. Especially in developed economies such as the US and UK, the decline in bank deposits is parallel to the increase in investments in Bitcoin and other cryptocurrencies. According to the Fed’s share, there was a significant decrease in the amount of money deposited in banks between March 8-15 and the borrowing created from small US banks reached the highest level in history. After March 15, Bitcoin saw a 35% rise.

NASDAQ plans to provide Storage Service for BTC and ETH Crypto in 2023

According to Bloomberg, the Nasdaq is 2 in 2023. it plans to launch cryptocurrency custody services by the end of the quarter. Although it is known that the exchange first shared its crypto service plans in September, then FTX etc. the crisis caused by the causes postponed this process. IRA Auerbach, one of the company’s executives, said Nasdaq was working to get solid infrastructure and all regulatory approvals before delivering the services it intended.

The Metaverse Fashion week begins

The 2023 Metaverse Fashion week will be held from March 28-31 to 28. This event will be held on Decentraland and will host a fashion show, design competition, boutique and panel. The second event will be held for the first time, while brands such as D&G, Tommy Hilfiger and DKNY will participate in 2. he will participate in the event once.

Venezuela has stopped mining activities

In Venezuela, the government has decided to shut down crypto mining companies and exchanges in the country as part of corruption investigations. The decision taken by the government after the ongoing economic crisis in the country is thought to have a negative effect in the long term, as it will create uncertainties for foreign investors.

Australia begins CBDC testing

Australia will launch a 2-month trial of 15 projects in digital currency studies. Offline use, foreign exchange transactions and live auctions will be some of the tests that projects will undergo.