As of today, the pace at which Litecoin is being issued has decreased by half, an occurrence known as “the halving.” Litecoin follows Bitcoin’s lead in going through the halving cycle every 4 years. The block reward for verifying blockchain transactions is halved during a crypto-halving event. After the event,
August 2, 2023 2 mins read
In addition to Deutsche Telekom and other ecosystem participants, Google’s computing cloud service, Google Cloud, is now operating a validator on the Celo network, the Celo Foundation stated on Wednesday. A validator is a user who takes part in the process of confirming new transactions and protecting a blockchain’s integrity.
August 2, 2023 2 mins read
The Virtual Asset Regulatory Authority (VARA) of Dubai has issued a full crypto license to Laser Digital, the cryptocurrency division of the Japanese banking giant, Nomura. Last Thursday, Dubai approved Laser Digital’s license, allowing the company to legally provide its services to both consumers and businesses. According to a press
August 1, 2023 2 mins read
In the 12th round of the LUNC burn mechanism, Binance burned 1.41 billion Terra Luna Classic (LUNC) tokens. The most recent burn brings the overall number of LUNC tokens burned by the cryptocurrency exchange to 37 billion, and the total number of LUNC tokens burned by the community to over
August 1, 2023 1 min read
According to its most recent financial attestation for the second quarter of 2023, Tether’s treasury reserve assets supporting circulating USDT tokens continue to grow. Tether Holdings said in its Q2 attestation report that its surplus reserves had grown by $850 million, to a total of $3.3 billion, as per the
July 31, 2023 1 min read
A new whitepaper from Fleek Network outlining the decentralized edge platform it is developing has just been published. Along with its release, the protocol’s new open source github repository has just been launched. On the road to releasing a testnet for the decentralized edge network next month, this release represents
July 31, 2023 3 mins read
Ducati, a manufacturer of high-end motorcycles based in Italy, teamed up with XRP Ledger to join the Web3 market. The primary objective is to provide the company’s first digital collectible, a video montage of all the Ducati emblems that have appeared on the tanks of motorcycles made in Borgo Panigale
July 30, 2023 2 mins read
In research released on July 29 by Ripple, a digital payments network, and the United States Faster Payments Council (FPC), 300 financial experts were polled across 45 nations. These individuals work in fields as diverse as fintech, banking, media, consumer technology, and retail. The analysis estimates that by the year
July 30, 2023 1 min read
Worldcoin (WLD), a digital identity-based cryptocurrency project created by ChatGPT co-founder Sam Altman, is apparently under investigation by French authorities. Concerns about the Worldcoin project’s acquisition of biometric data have prompted the investigation. Worldcoin’s long-term goal is to develop an individual-empowerment-focused digital identification platform based on biometric data, including iris
July 28, 2023 2 mins read
According to a local media source, the Indian Supreme Court criticized the Union government on July 27 for the country’s lack of crypto legislation. As the Supreme Court pointed out, it is “unfortunate” that the government has not issued any concrete regulations regarding cryptocurrencies. The court’s remark was made in
July 28, 2023 1 min read