Protocols like Near, Polkadot and Cardano are using new approaches to improving the tradeoff between scalability, decentralization and security, the report said.

https://www.coindesk.com/tech/2023/03/23/next-evolution-of-blockchain-software-has-only-just-started-bank-of-america/

A disagreement over the launch of a LLAMA token led core employees to fork DefiLlama blockchain on March 19.

https://cointelegraph.com/news/defillama-forked-as-internal-dispute-unfolds

The fall of Silicon Valley Bank is no deus ex machina to fix collateral damage caused by FTX, Terra and crypto's sordid past, Wilson Sonsini Goodrich & Rosati partners Jess Cheng and Amy Caiazza write.

https://www.coindesk.com/consensus-magazine/2023/03/16/us-banking-collapse-doesnt-necessarily-make-crypto-trustworthy/

A bankruptcy judge has ruled in a court filing on March 15 that the $1 billion bid by Binance US to purchase Voyager's assets should proceed — rejecting the United States government's request to suspend the proceedings while the appeal is pending.

https://cryptoslate.com/bankruptcy-judge-rejects-u-s-governments-request-to-delay-voyager-binance-us-deal/

FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance.

https://cointelegraph.com/news/sam-bankman-fried-petitions-court-to-prioritize-reimbursing-his-legal-fees

Coinbase has integrated Singpass, making it more convenient for customers to sign up on the exchange.

https://www.coinspeaker.com/coinbase-local-bank-transfers-singapore/

Use of cryptocurrencies is increasing in Russia, the head of the country's financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new blockchain analytics system, the official revealed.

https://news.bitcoin.com/cryptocurrency-turnover-growing-in-russia-watchdog-reports-to-putin/

The US Department of Justice (DoJ) has fired back an appeal at the US Bankruptcy Court's decision to allow Binance's US entity the right to purchase assets belonging to collapse cryptocurrency lender Voyager Digital (CSE:VYGR, OTCQX:VYGVF). It comes three days after Judge Michael Wiles put his foot down on the Securities and Exchange Commission (SEC)'s attempts to hold up the deal, which would see nearly three quarters of Voyager's debts repaid to creditors.

https://www.proactiveinvestors.co.uk/companies/news/1008684/binance-s-voyager-takeover-still-getting-regulatory-objections-despite-court-approval-1008684.html?SNAPI

Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.

https://www.coindesk.com/markets/2023/03/06/silvergates-struggles-will-likely-boost-stablecoins-role-in-crypto-trading-kaiko/

Singapore Police have started an investigation into Terraform Labs and its founder, Do Kwon. But, the founder is on the run.

https://beincrypto.com/do-kwon-terra-investigation-singapore-police/

The SEC chairman was approached by Binance in 2018 and 2019, while teaching at the Massachusetts Institute of Technology.

https://cointelegraph.com/news/binance-tried-to-hire-gary-gensler-in-2018-for-closer-ties-with-u-s-regulators-report

South Korean blockchain-based community platform Steemhunt has accused Binance of intellectual theft. Steemhunt claims that Binance stole its Chatcasso product idea in order to launch the exchange's AI-based NFT product, Bicasso.

https://ambcrypto.com/south-korean-company-steemhunt-accuses-binance-of-intellectual-theft/

Moscow Credit Bank (MCB) has announced the first-ever blockchain-based bank guarantee denominated in Chinese currency, amounting to over 100 million yuan (approximately $144,600). The guarantee was issued via the Masterchain blockchain platform and the Russian national blockchain network, which facilitates digital asset transfers between its participants.

https://www.cryptopolitan.com/russian-bank-pioneers-blockchain-based-bank-guarantee/

About $200 million in crypto assets have been counter-hacked from the entities responsible for the Wormhole bridge exploit, one of the biggest hacks in the industry's history.

https://dailyhodl.com/2023/02/26/two-firms-counter-hack-over-198000000-worth-of-crypto-from-wormhole-attacker/

Shark Tank host Kevin O'Leary said that the only way crypto exchanges will stay afloat is by imposing regulations.  What Happened: O'Leary tweeted on Friday, “We're going to keep seeing these crypto exchanges going to ZERO, until we actually force regulation on these guys.

https://www.benzinga.com/markets/cryptocurrency/23/02/31043455/shark-tank-host-kevin-oleary-warns-crypto-exchanges-will-keep-going-to-zero-unless-this-ha?SNAPI