Zimbabwe’s government has established a value for its digital tokens backed by gold. Starting on May 8, the nation will begin offering investors its own digital money backed by gold. Tokens will be sold to people for a minimum of $10. And to companies and other organizations for a minimum
May 6, 2023 1 min read
The Irish-American payment processing platform firm Stripe has introduced a fiat-to-cryptocurrency onramp. Customers in the US will find it much less complicated to buy cryptocurrencies using this approach. It’s also a major step forward for Web 3.0 businesses that have struggled with a “cold start.” Stripe’s standard function is to
May 5, 2023 1 min read
According to court records filed on May 3rd. FTX under John Ray III is trying to recover cash from insolvent platform Genesis by way of repaid loans, withdrawn liquidity, and collateral. There is more than $3.88 billion at stake for all Genesis-related organizations combined. FTX’s attorneys stated in court filings
May 4, 2023 2 mins read
The native token, SUI, of the Sui Network, a Layer 1 blockchain, is gaining adoption from other crypto exchanges as the network matures. WOO X, a cryptocurrency trading platform, just announced the listing of SUI – PERP Futures with zero fees. In addition, Crypto.com, a cryptocurrency exchange, has said that
May 4, 2023 2 mins read
The long-awaited mainnet of Sui Network, Mysten Labs’ blockchain technology, has gone live. The long-awaited launch of the mainnet occurred earlier today, marking a triumphant debut for the protocol. 🌊After Devnet, multiple Testnet waves, Frenemies, #CapyHolidays, Builder Houses, and much more – what a monumental moment for the Sui community:
May 3, 2023 2 mins read
Gemini is expanding outside the United States with the development of a derivatives platform that will service 30 nations and territories. The notable cryptocurrency company established by Tyler and Cameron Winklevoss revealed the intention in late April and made the announcement on Tuesday. This, adds to a rising trend of
May 2, 2023 2 mins read
Revolut, a digital bank, has recently opened in Brazil, making its services available to Brazilian citizens for the first time. Revolut has already introduced its solutions in Europe and other locations, but this is the company’s first entry into the Latin American market. Foreign exchange and remittance services in numerous
May 2, 2023 2 mins read
First Republic Bank (NYSE: FRC) is being acquired by JPMorgan Chase & Co (JPM.N) after extensive efforts by U.S. authorities to save the bank failed. The FRC will be seized by financial authorities in advance of the sale. However, Citizens Financial Group Inc (CFG.N) and PNC Financial Services Group (PNC.N)
May 1, 2023 1 min read
Doodles has evolved from its original form as an Ethereum profile picture (PFP) to now allow for completely modifiable avatars. With the support of Pharrell Williams and Adidas. Today witnesses the release of the Doodles 2 Character Builder inside The Stoodio app for NFT holders. In celebration of the release
April 29, 2023 2 mins read
On Saturday, the Joint L1 Task Force, a group of Terra Classic (LUNC) developers, shared their Q2 plan, including the timeline for upcoming network enhancements, governance suggestions, and more. The development team is aiming to implement the Cosmwasm v1.1.0 update (parity) in May. It will let projects and builders on
April 29, 2023 2 mins read
