A new research report from the Bank of International Settlements (BIS) details the institution’s growing worries about the stability of stablecoins. BIS expressed serious doubts regarding their dependability as both an investment and a medium of exchange in their study report. The research analyzes 68 stablecoins and finds that none
November 17, 2023 2 mins read
An updated application for a spot Bitcoin ETF has been submitted by WisdomTree. Prominent ETF analyst James Seyffart has said that this modification is normal yet crucial in the multi-stage process of ETF approval. That indicates Wisdom Tree is in constant touch with the U.S SEC about its application to
November 17, 2023 2 mins read
The firm behind Solana (SOL), Solana Labs, have refuted CertiK’s assertion that the Saga smartphone has a security flaw. Earlier, CertiK claimed that the crypto-enabled smartphone Saga had a security flaw, however this was disputed by Solana Labs. On November 15th, security firm CertiK tweeted that a significant security flaw
November 16, 2023 2 mins read
In early 2024, Binance and Gulf Energy Development, a major energy provider in Thailand, will launch a cryptocurrency exchange in the nation. According to a filing made by Gulf Energy on the Stock Exchange of Thailand on November 15th, the Gulf Binance initiative would launch privately at first and then
November 16, 2023 2 mins read
In a momentous statement made yesterday on Twitter, the Midnight team, a division of Input Output Global (IOG), the company behind the Cardano blockchain announced that the Midnight Network devnet is now live. This statement announces the dawn of an era of change for the Cardano community, introducing the Midnight
November 15, 2023 2 mins read
Solana’s surge has been exceedingly spectacular, with the price rising to unprecedented levels. Despite the recent brief correction, Solana (SOL) has made quite an impact, with a price increase of 140% in the last 30 days. While wallets linked to the defunct FTX exchange continue to trade millions of dollars
November 14, 2023 2 mins read
Boyaa Interactive, a key participant in China’s board and card game sector that is listed on the Hong Kong Stock Exchange, has stated that it would invest up to $100 million in Bitcoin and Ethereum over the course of the next year. This action shows that the corporation recognizes the
November 14, 2023 2 mins read
The Cardano Foundation has made substantial progress in enhancing the Cardano blockchain experience for developers. Developers of Cardano apps will benefit from a new Java-based data provisioning tool that streamlines data retrieval and indexing. Known as “Ledger Sync,” this cutting-edge tool is one component of the Cardano Foundation’s drive to
November 13, 2023 2 mins read
The crypto market is now in a bullish trend, with Bitcoin trading firmly over $36,000 and altcoins enjoying huge increases. With Ethereum’s recent price increase, the cryptocurrency market as a whole has been trading in the green. The price of Solana (SOL) increased thanks to the general upbeat mood in
November 10, 2023 2 mins read
The price of Ethereum has recently surged, surpassing $2,000, after BlackRock’s filing for a Spot Ethereum ETF with the Delaware Department of State. Moreover, Dune Analytics found that as demand for network block space has risen, the transaction costs on Ethereum have climbed dramatically. During the last day, the cost
November 10, 2023 2 mins read
