The company plans to have Lightning wallets available to 10 million clients. The firm plans to develop a Lightning Network-based SaaS platform. There has been a proliferation of businesses entering the crypto space recently. While some investors get out midway, the vast majority have been increasing their bets. On the
September 30, 2022 2 mins read
KaJ Labs, the key creator of the Lithosphere blockchain, has pledged $50-$100M. In all, 6.6 billion LUNC tokens have been destroyed so far. The price of Terra Classic (LUNC) has increased from its 24-hour low of $0.00025 to its new high of $0.00029. That is a gain of over 10%.
September 29, 2022 1 min read
The news caused a 15 percent spike in the price of EthereumPoW (ETHW). Binance Pool has announced that it would no longer charge any pool fees for a month. The world’s biggest crypto exchange Binance in a press release on Thursday announced the start of the Ethereum proof-of-work (ETHW) mining
September 29, 2022 2 mins read
Harrison detailed his plans to move into an advising position at FTX US. CEO Alex Mashinsky of Celsius resigned recently. U.S. division president of cryptocurrency exchange FTX, Brett Harrison, announced his resignation today. Over the next three months, he will be transitioning out of his present position and into an
September 28, 2022 2 mins read
A new DeFi (Decentralized Finance) solution for the Cosmos ecosystem: DFract $DFR, is being introduced by Lum Network, an innovative initiative looking to gain widespread acceptance in web3 and the Cosmos ecosystem. DFract is a novel kind of crypto index created for multichain ecosystems. It gives users access to a collection
September 28, 2022 2 mins read
She discussed the crypto ecosystem, stressing the need of backing CBDCs. Central bankers are missing a chance if they do not accept CBDCs. Central bankers are becoming jittery as the use cases for cryptocurrencies and other blockchain-based currencies expand. Digital assets are very volatile and risky, yet traditional institutional investors
September 27, 2022 1 min read
Summit National Bank is a US federally chartered bank, founded in 1984. Customers of Summit will now have access to blockchain products. Nexo, a cryptocurrency lending platform, recently revealed that it was acquiring a stake in Summit National Bank, based in Wyoming. Taking a stake in the US federally chartered
September 27, 2022 2 mins read
The structure of the bill also suggested that disclosure amounts be more specific. The chair of the Committee on House Administration proposed the initiative. Members of Congress, the Senate, and the Supreme Court who are also cryptocurrency traders may be required to halt their activities while in office if a
September 26, 2022 2 mins read
A white paper titled “Australian CBDC Pilot for Digital Finance Innovation” was published. On December 31st, at least 12 use cases will be chosen for further investigation. On Monday, the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC) unveiled the pilot project’s (eAUD) white paper for
September 26, 2022 2 mins read
The largest ever buy was on the Bitso crypto market for 54.1 million XRP. XRP prices have increased by around 50% during the last week. The native XRP token of Ripple has seen the most growth over the previous seven days. While Bitcoin and Ethereum have both had big price
September 25, 2022 1 min read
