{"id":27742,"date":"2023-02-28T13:13:40","date_gmt":"2023-02-28T13:13:40","guid":{"rendered":"https:\/\/p2pb2b.com\/blog\/?p=27742"},"modified":"2023-02-28T13:17:06","modified_gmt":"2023-02-28T13:17:06","slug":"weekly-crypto-market-news-20-26-february","status":"publish","type":"post","link":"https:\/\/p2pb2b.com\/blog\/weekly-crypto-market-news-20-26-february\/","title":{"rendered":"Weekly Crypto Market News \/ 20 \u2014 26 February"},"content":{"rendered":"<ul>\n<li><strong>The manufacturer of hardware wallets, Trezor, started producing its chips.<\/strong> It said the move optimizes the production of its Model T device by eliminating its reliance on third parties throughout the complex manufacturing supply chain, according to a statement Monday. Trezor pioneered the world&#8217;s first bitcoin hardware wallet, the Model One.<br \/>\nRead more: <a href=\"https:\/\/www.theblock.co\/post\/214695\/trezor-takes-the-wheel-of-model-t-chip-production\">Trezor takes the wheel of Model T chip production<\/a><\/li>\n<li><strong>Investigation: 20 percent of Americans own cryptocurrencies<br \/>\n<\/strong>Read more: <a href=\"https:\/\/assets.ctfassets.net\/c5bd0wqjc7v0\/WvuOkBwNXZsqhd6EWtkEL\/7f94f8b6fbb222f3faf4d0346e473012\/Morning_Consult_Cryptocurrency_Perception_Study_Feb2023_Memo__1_.pdf\">Cryptocurrency perception study<\/a><\/li>\n<li><strong>FUD: Binance fulfilled reshuffling their assets by analogy to the funds&#8217; movement on FTX.<\/strong><br \/>\nOf the raided customer funds, which consisted of USD stablecoin (USDC) tokens, $1.1 billion was channeled to Cumberland\/DRW, a Chicago-based high-frequency trading firm. Cumberland may have assisted Binance in its efforts to transform the collateral into its own Binance USD (BUSD) stablecoin. Until a crackdown in mid-February by the New York State Department of Financial Services on stablecoin issuance, Binance was aggressively seeking to gain market share for its dollar-backed token against rivals like Tether and Circle&#8217;s USDC.<br \/>\nRead more: <a href=\"https:\/\/www.forbes.com\/sites\/javierpaz\/2023\/02\/27\/binances-asset-shuffling-eerily-similar-to-maneuvers-by-ftx\/?sh=5f005c9cbccd\">Binance fulfilled reshuffling their assets by analogy to the funds&#8217; movement on FTX<\/a><\/li>\n<li><strong>Playboy announced the metaverse MetaMansion.<\/strong><br \/>\nThe virtual world is slated for launch this year, and there will be ways to get in, even for users who aren&#8217;t part of the magazine brand&#8217;s Rabbitar community.<br \/>\nRead more: <a href=\"https:\/\/decrypt.co\/122249\/playboy-expected-launch-metamansion-virtual-world-year\">Playboy Expects to Launch MetaMansion Virtual World This Year<\/a><\/li>\n<li><strong>Google launched a node in the Tezos network.<br \/>\n<\/strong>Read more: <a href=\"https:\/\/twitter.com\/CoinDesk\/status\/1628309077427208192\">Google cloud\u00a0<span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">is to become a validator on the Tezos <\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">network, following similar moves on Ethereum and Solana last year.<\/span><\/a><\/li>\n<li><strong>Binance has partnered with the payment system Ingenico.<br \/>\n<\/strong>Read more: <a href=\"https:\/\/twitter.com\/binance\/status\/1628288699296370690\">Crypto payments just got easier in France<\/a><\/li>\n<li><strong>Microsoft has partnered with Web3-project Ankr.<br \/>\n<\/strong>Read more: <a href=\"https:\/\/twitter.com\/ankr\/status\/1628034084856377346\">We\u2019ve partnered with Microsoft to support enterprises and organizations needing access to blockchain data with a reliable, easy-to-use node hosting service.<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The manufacturer of hardware wallets, Trezor, started producing its chips. It said the move optimizes the production of its Model T device by eliminating its reliance on third parties throughout the complex manufacturing supply chain, according to a statement Monday. Trezor pioneered the world&#8217;s first bitcoin hardware wallet, the Model One. Read more: Trezor takes &hellip;<\/p>\n","protected":false},"author":1,"featured_media":27147,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[1],"tags":[2181,2208],"topic":[1970],"difficulty":[1360],"collection":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Crypto Market News \/ 20 \u2014 26 February &mdash; Crypto news 2024 P2B<\/title>\n<meta name=\"description\" content=\"In this news digest, you will learn the latest news in the crypto field for the week and how worldwide companies implemented blockchain in their businesses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/p2pb2b.com\/blog\/weekly-crypto-market-news-20-26-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Crypto Market News \/ 20 \u2014 26 February &mdash; 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