Tezos successfully voted-in and implemented the network upgrade “Carthage,” causing XTZ to surge 13%. The upgrade fixes several issues from the last version of the protocol.

The Tezos network has successfully upgraded to protocol 006 following an on-chain governance process. The self-amending governance network upgraded from the Babylon protocol to Carthage at block 851,969, bringing about a gas limit increase and various other small fixes for the network. 

Ren, an interoperable liquidity protocol for DeFi, has announced the formation of the Ren Alliance. The Alliance is a consortium of companies and projects operating in DeFi that will help to secure, develop, and utilize the “Ren Virtual Machine.” 

The controversy around Ripple’s XRP token continues to unravel with the company incentivizing its partners to use its cross-border payment solutions consequently flooding the token’s market supply. Regardless of the fear, uncertainty, and doubt around this cryptocurrency, a renowned analyst believes that it could be bound for a substantial upswing.

Ripple has been in the headlines over the last week following a series of events that are directly related to its native cryptocurrency, XRP.

Residents of the UK have been warned against using the exchange or trading services of BitMEX, which remains unlicensed in the country.

The independent financial services sector watchdog, the Financial Conduct Authority (FCA), has urged the public not to use BitMEX’s services.

BitMEX remains unlicensed in the country and has, according to the regulator, been operating illegally.

In a strongly worded notice dated Mar. 3, the regulator said: 

The National Assembly of South Korea unanimously approved what could be the official entry of cryptocurrency trading and holding into the nation’s legal system.

AlphaPoint, a white label exchange and custody service provider, today announced the conclusion of a $5.6 million raise in its latest funding round. 

In a press release shared with Crypto Briefing, AlphaPoint counts over 150 clients in over 35 countries who use its services.

Though the demographic is made up primarily of exchange operators, asset managers and token issuers are also using the company’s products. 

The firm reportedly services the Royal Mint of England and the American CME Group among others. 

Although Germany’s new crypto regulations place it at the forefront, the cost of the so-called “crypto license” may still be too high for smaller businesses. And if one considers startups as a proxy for innovation, the country could be facing a serious trade-off.

Germany made an amendment last year to the Fifth Anti-Money Laundering Directive (AMLD5) that came into force at the beginning of January.

After updating and migrating the DAI stablecoin from its previous form to its latest iteration, Multi Collateral DAI, Maker has conducted the first major token upgrade, proving that token migrations don’t have to be cumbersome. 

PIVX, a minor privacy coin, has announced plans to adopt Zcash’s Sapling protocol.

Sapling will provide PIVX with greater transaction performance. It will also offer shielded and unshielded transactions side by side, giving users optional privacy. Finally, Sapling will separate viewing and spending keys, allowing users to look at transaction details without compromising their accounts.

Augur is getting a DAO. OracleDAO is a fork of MolochDAO, an Ethereum community funding initiative, and focuses on improving the decentralized prediction market.

Launched last year,  MolochDAO has focused on funding the development of Ethereum 2.0. The grant-making decentralized autonomous organization aimed to coordinate efforts to fund the public infrastructure surrounding Ethereum.