[Weekly Readings]Crypto Rally Reverses, While Dominica’s Digital World Growing

Huobi发布于2023-03-11更新于2023-03-11

文章摘要

Review the hot articles in the past week and help you quickly understand the crypto market.

Articles of this week, helping investors gain an in-depth view of the market.

Huobi News

Huobi supports Dominica’s Digital Identity Program to Promote Dominica’s Digital Economy

Huobi announced a partnership with TRON and DMC Labs to support the launch of Dominica Digital Identity (DDID) program.⠀

As part of Huobi's broader global expansion, this partnership will promote the growth of Dominica’s metaverse and digital economy.

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TRON takes the lead in developing the digital identification program for Dominica Metaverse

TRON will be developing the first Caribbean digital identity initiative, which includes the establishment of the Dominica Metaverse, as well as the operation of the Dominica Digital Identity (DDID) and Dominica Coin (DMC) programs.

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FUD Sentiment Is Surge

[Featured Research]Silvergate Exodus Leads The Dip Of Crypto?

Silvergate Capital Corp.’s woes deepened on Thursday, a day after the bank raised questions about whether it can stay in business, with the shares plummeting to a record low and key partners cutting off ties to the crypto-friendly bank.

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Silvergate Halts Crypto Payments After Suffering $1 Billion Loss

Silvergate Capital has pulled the plug on its Silvergate Exchange Network (SEN) after the bank specializing in digital assets voiced questions about its viability.

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Layer2

[Featured Research]The Current State of Layer 2 Bridges

We live in a multi-chain world, with billions of USD in asset value locked in 100+ chains. And the owners of those blockchain assets behave just like they would with assets in traditional finance: they are looking for arbitrage opportunities to make money.

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Crypto Story

Singapore Probing Do Kwon’s Terra, Major Disruptions In LUNA Projects And Price ?

Singapore Police on Monday said they have started investigating Terraform Labs Pte, the company co-founded by South Korean citizen Do Kwon. Singapore-based Terraform Labs is currently functional with the number of projects growing continuously.

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