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'Ambivalent and Half-Hearted': Bank of England Criticized over Approach to CBDC:
In front of MPs, Sir Jon Cunliffe refused to be drawn on the probability of a CBDC being launched. On a scale of 1 to 10, he said the likelihood was "more than 5."

👉Details: https://coinmarketcap.com/alexandria/article/'ambivalent-and-half-hearted':-bank-of-england-criticized-over-approach-to-cbdc

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Solana Still Doesn't Know Why It's Suffered Yet Another Outage:
"Solana is like a lifestyle-friendly blockchain because you can have nights and weekends off," one disgruntled Twitter user said.

👉Details: https://coinmarketcap.com/alexandria/article/solana-still-doesn't-know-why-it's-suffered-yet-another-outage

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#cryptonews, Feb 28 brings you:

Bank of England criticized over CBDC… 😬
…but admits it lacks skills to build 'Britcoin' 🇬🇧
Coinbase: 50m Americans now own crypto 😱
Solana still doesn't know cause of outage ❌
Yuga Labs is releasing Bitcoin NFTs 🔥

Details: https://coinmarketcap.com/alexandria/article/coinmarketcap-feb-28:-think-there's-gonna-be-a-britcoin-don't-hold-your-breath

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Dapper Labs Fails to Stop Class Action Lawsuit over NBA Top Shot NFTs:
A federal judge ruled that the once-hugely-popular NFT video clips known as Moments are likely enough to be securities that a class action lawsuit can go forward.

👉Details: https://coinmarketcap.com/alexandria/article/dapper-labs-fails-to-stop-class-action-lawsuit-over-nba-top-shot-nfts

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Coinbase Was Targeted By Phishers over the Weekend — This is What Happened:
The U.S. crypto exchange described a minor but sophisticated phishing attack. A year ago, something similar led to crypto's biggest-ever hack of Web3 gaming firm Sky Mavis' Ronin bridge.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-was-targeted-by-phishers-over-the-weekend-this-is-what-happened

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#cryptonews, Feb 23 brings you:

SBF offers to pay for tech expert 💰
Big setback for Dapper Labs ❌
Crypto 'has lost battle to replace cash' 😱
Coinbase targeted by phishers 🚨
Blur's co-founder reveals his identity 🔥

Details: https://coinmarketcap.com/alexandria/article/coinmarketcap-news-feb-23:-sam-bankman-fried's-bail-is-hanging-in-the-balance

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Coinbase Suffers Huge Net Loss in 2022 as FTX Collapse Scares Away Consumers:
The leading U.S. crypto exchange saw a drop in transactions and steep losses, but CEO Brian Armstrong said a growing regulatory push in Congress will ultimately benefit the company.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-suffers-huge-net-loss-in-2022-as-ftx-collapse-scares-away-consumers

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#cryptonews, Feb 22 brings you:

Crypto Queen Ruja Ignatova 'is dead' 🚨
Friendsies developers deny rug pull ❌
Coinbase suffers painful net loss 📉
Nexo co-founder: Charges are 'ludicrous' 😬

Details: https://coinmarketcap.com/alexandria/article/coinmarketcap-news-feb-22:-nft-project-denies-it's-a-rug-pull-after-twitter-fiasco

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Kraken CEO Accuses SEC of Conspiring Against Crypto:
Jesse Powell went on a Twitter rampage — accusing the SEC of deliberately allowing FTX's collapse to happen in order to kill the industry.

👉Details: https://coinmarketcap.com/alexandria/article/kraken-ceo-accuses-sec-of-conspiring-against-crypto

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Crypto is 'Really Dangerous,' World Wide Web Inventor Warns:
Tim Berners-Lee said cryptocurrency is little more than gambling, and has said that "it's a shame" the Web3 name was taken by the digital assets industry.

👉Details: https://coinmarketcap.com/alexandria/article/crypto-is-'really-dangerous'-world-wide-web-inventor-warns

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OpenSea Slashes Its Fee and Creator Earnings as World's Biggest NFT Marketplace Comes Under Threat:
All of this comes as a rival NFT marketplace called Blur continues to wrestle away market share from OpenSea — causing insult to injury at a time of lower trading volumes.

👉Details: https://coinmarketcap.com/alexandria/article/opensea-slashes-its-fee-and-creator-earnings-as-world's-biggest-nft-marketplace-comes-under-threat

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Ex-NBA Star Paul Pierce Fined $1.4M By SEC for Shilling Ethereum Max:
Pierce's posts came shortly after he was fired as a pundit for ESPN because of an Instagram Live video that showed him disregarding COVID rules while in a room with exotic dancers.

👉Details: https://coinmarketcap.com/alexandria/article/ex-nba-star-paul-pierce-fined-dollar1.4m-by-sec-for-shilling-ethereum-max
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Judge to Bankman-Fried: You Don't Need a VPN To Watch The Super Bowl:
The founder of the failed FTX cryptocurrency exchange was caught using a virtual private network that hides web browsing while out on bail.

👉Details: https://coinmarketcap.com/alexandria/article/judge-to-bankman-fried:-you-don't-need-a-vpn-to-watch-the-super-bowl

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Scenes from the Senate's 'Crypto Crash' Hearing
: The Senate Banking Committee held a hearing on the crypto industry's collapse — looking at the role of regulators, the value of innovation and the need for more useful disclosure.

👉Details: https://coinmarketcap.com/alexandria/article/scenes-from-the-senate's-'crypto-crash'-hearing

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Digital Dollar Champion Lael Brainard Named Top Presidential Economic Adviser:
The Federal Reserve vice chairwoman has been calling for strong crypto regulation while arguing that a U.S. central bank digital currency.

👉Details: https://coinmarketcap.com/alexandria/article/digital-dollar-champion-lael-brainard-named-top-presidential-economic-adviser

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Coinbase Launches New Ad Campaign and Reveals 50M Americans Now Own Crypto
: About 55% of Gen Z and millennials believe that digital assets and blockchains are the future — and that includes those who don't even own cryptocurrencies right now.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-launches-new-ad-campaign-and-reveals-50m-americans-now-own-crypto

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Bored Ape Yacht Club Creator to Release NFTs on Bitcoin Blockchain:
TwelveFold is a collection of 300 artworks that will be inscribed on to satoshis, the term that's used to describe the smallest denomination of BTC.

👉Details: https://coinmarketcap.com/alexandria/article/bored-ape-yacht-club-creator-to-release-nfts-on-bitcoin-blockchain

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CMC-Community Spotlight

Trust Wallet & CoinMarketCap Bring Decentralized Logins to More People Than Ever

https://coinmarketcap.com/community/articles/63f8aa89fd311907dea28033

Trust Wallet, trusted by over 60 million people, and CoinMarketCap (CMC), the premier price-tracking website for crypto assets, have joined forces to bring decentralized authentication and Web3 to an even bigger audience.
The Trust Wallet integration into CMC allows you to:

Create a user account on coinmarketcap.com using just your wallet (no need for an email address!)

Safely and seamlessly import contract addresses into your Trust Wallet using the CMC website

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Crypto 'Has Lost Battle' to Be an Alternative to Fiat Currencies:
Crypto enthusiasts would argue that it's hardly been a successful few years for central banks though, with rampant money printing leading to red-hot inflation that's out of control.

👉Details: https://coinmarketcap.com/alexandria/article/crypto-'has-lost-battle'-to-be-an-alternative-to-fiat-currencies

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Blur's Co-Founder 'Pacman' Reveals His True Identity as NFT Marketplace Overtakes OpenSea:
High school and MIT dropout Tieshun Roquerre revealed that he is behind the site that has knocked long-time volume leader OpenSea far into second place. But is its soaring volume a wash?

👉Details: https://coinmarketcap.com/alexandria/article/blur's-co-founder-'pacman'-reveals-his-true-identity-as-nft-marketplace-overtakes-opensea

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Friendsies Developers Deny Rug Pull, Blame Poor Communications:
The NFT project's developers said they weren't halting work on the 'AR/AI digital companions' or the promised play-to-earn game, just communications — which went over very badly.

👉Details: https://coinmarketcap.com/alexandria/article/friendsies-developers-deny-rug-pull-blame-poor-communications

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Nexo's Co-Founder Lashes Out at Bulgaria's 'Ludicrous' Charges:
Nexo co-founder Antoni Trenchev called charges by Bulgarian police including money laundering and tax evasion 'ludicrous' after offices raided.

👉Details: https://coinmarketcap.com/alexandria/article/nexo's-co-founder-lashes-out-at-bulgaria's-'ludicrous'-charges

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Terra Founder Do Kwon Pulled $100M Out of Price Protection Fund, SEC Alleges:
The Securities and Exchange Commission has accused Kwon of yanking 10,000 Bitcoins out of Terraform and Luna Foundation Guard funds shortly after the stablecoin's collapse.

👉Details: https://coinmarketcap.com/alexandria/article/terra-founder-do-kwon-pulled-dollar100m-out-of-price-protection-fund-sec-alleges

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FTX Japan Opens Customer Withdrawals, as Millions of Other Users Face Long Wait:
Not every FTX customer lost their assets to Sam Bankman-Fried's alleged fraud. Several highly regulated divisions were not touched, and the FTX Japan unit is the first to return funds.

👉Details: https://coinmarketcap.com/alexandria/article/ftx-japan-opens-customer-withdrawals-as-millions-of-other-users-face-long-wait

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Revealed: Who Bear Market Affected the Most:
The Bank for International Settlements published a paper saying half of small crypto investors lost money last year. But in poorer countries like India, Turkey and Pakistan, it was 80%.

👉Details: https://coinmarketcap.com/alexandria/article/revealed:-who-bear-market-affected-the-most

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Frustrated Judge Hints He May Revoke Sam Bankman-Fried's Bail:
Judge Kaplan suggests prosecutors should come up with tighter bail conditions — saying: "Why am I being asked to turn him loose in this garden of electronic devices?"

👉Details: https://coinmarketcap.com/alexandria/article/frustrated-judge-hints-he-may-revoke-sam-bankman-fried's-bail

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Week in DeFi: SEC Clamps Down on Crypto, Zero-Knowledge Players in Motion and a Revived Umami:
Amidst bearish news and regulatory clampdowns, the market pushes ahead — in yet another exciting week in DeFi. Check out the most important tweets, news and alpha you wouldn't want to miss.

👉Details: https://coinmarketcap.com/alexandria/article/week-in-defi-sec-clamps-down-on-crypto-zero-knowledge-players-in-motion-and-a-revived-umami

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Judge Halts SEC, CFTC Cases Against FTX:
Citing concerns that regulatory cases could interfere with his criminal prosecution, the U.S. Attorney's office convinced a federal judge to order the two civil cases put on hold.

👉Details: https://coinmarketcap.com/alexandria/article/judge-halts-sec-cftc-cases-against-ftx

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Police Seized Nearly $500,000 in BTC From Andrew and Tristan Tate:
The Instagram influencer, kickboxer, misogynist and alleged human trafficker has already had about $4 million in luxury cars, watches, homes and cash seized by Romanian authorities.

👉Details: https://coinmarketcap.com/alexandria/article/police-seized-nearly-dollar500000-in-btc-from-andrew-and-tristan-tate

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Coinbase Ready to Fight SEC over Crypto Staking Service:
Brian Armstrong said the exchange will "happily defend" its Coinbase Earn staking service in court days after competitor Kraken paid a $30 million fine and ended its program.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-ready-to-fight-sec-over-crypto-staking-service

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