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Crypto Industry's Support for Formula 1 Endures Amid Crisis
The new season of Formula 1 started off in Bahrain this March, and it looks like almost 40% of the teams have lost their crypto sponsors compared to the 2022 season. The ongoing crisis has led to a decline in marketing activity among the players, but it's still too early to say that it has come to a complete halt. Algorand: a promising blockchain or a failed project?
Although many blockchains have been touted as the "Ethereum killer," none has yet achieved such success and widespread adoption. Algorand blockchain is no different, although it has a robust foundation that may still serve its purpose in the future.
The Swiss National Bank has reportedly agreed to extend a secured credit line of $54 billion to Credit Suisse to help it pay off its debts to clients.
Additionally, the Swiss regulator is said to be considering the purchase of Credit Suisse's senior debt securities for $2.5 billion in cash.
The collapse of Credit Suisse could have far-reaching consequences, potentially surpassing even those resulting from the recent collapse of Silicon Valley Bank. As such, it appears that a banking apocalypse has been averted, at least for the time being. Bitcoin Takes a Dive: What Caused the Drop Below $20,000?
In March, the cryptocurrency market had a rough time, with the price of Bitcoin dropping below $20,000 once again. Contrary to some speculation, this drop was not due to market manipulation by so-called "market-makers" nor was it caused by the USDC depeg from the US dollar, as that happened later. So what actually caused this price drop?
Researchers from a Web3 security company have recently discovered a number of serious flaws in the Dogecoin, Litecoin, and Zcash blockchains.
The most critical vulnerability affects P2P communications, allowing attackers to craft malicious consensus messages to key nodes and cause them to shut down.
What's more concerning is that there is a possibility that similar bugs may exist in around two hundred other networks.
If cybercriminals manage to exploit these flaws before Halborn receives payment for fixing it, it could put over $25 billion worth of digital assets at risk. Is the crypto staking industry dead now?
The US Securities and Exchange Commission (SEC) recently fined American cryptocurrency exchange Kraken $30 million. The penalty was related to their staking services, which the SEC has now classified as the sale of securities. Could it possibly impact the industry overall? Custodial and Non-Custodial Wallets: Know the Difference
Cryptocurrency wallets are the main tools for storing and managing cryptocurrency. There are two main types of wallets: custodial and non-custodial. It is important to understand the difference between them, as it determines the security of your assets. 











