BlockFi received a $250 million line of credit from FTX. Massive leverage is the root of many problems afflicting the crypto community. The current bear market and the aftermath of Terra LUNA and UST last month have significantly impacted the crypto industry. The demise of Terra set off a chain
June 30, 2022 2 mins read
The Substrate Developer Hub has undergone a significant upgrade to improve the Substrate learning and development experience. Polkadot, the network protocol developing genuine multi-chain applications, is pleased to announce it. In addition to completely restructured documentation, for the first time, Polkadot has introduced a Substrate Marketplace, a one-stop shop for
June 30, 2022 3 mins read
Gov2 would allow anybody to start a referendum at any time. Most stakeholders must vote in favor of pending referenda within 28 days. Polkadot (DOT) and Kusama founder Gavin Wood stated on Wednesday that the blockchain’s governance architecture would undergo a fresh metamorphosis, live from Polkadot Decoded in Buenos Aires
June 30, 2022 1 min read
The platform has allowed sellers to benefit from fee-free, fast payments. Price volatility was one of the most apparent drawbacks for merchants. Merchants may now take Shiba Inu (SHIB) and six other cryptocurrencies as payment via Coinbase Commerce. Two important changes were made on Tuesday to Coinbase Commerce which is
June 29, 2022 2 mins read
According to the Central Bank of Morocco governor, the bank is now working on a crypto regulatory law. According to reports from the governor of Bank Al-Maghrib, Abdellatif Jouahri, the bank’s committee is developing the appropriate framework for crypto regulation. Best Practises For Crypto Regulation The laws are shaped by
June 29, 2022 2 mins read
Coins like Dogecoin and Ethereum have been on the platform for a long time. Chainlink’s price remains 86.75% below its all-time high of $52.88. This year saw the widespread acceptance of cryptocurrencies. One of the most well-known and popular trading platforms, Robinhood, included many new cryptocurrencies. FTX crypto exchange has
June 28, 2022 1 min read
Tencent’s extended reality unit isn’t just another corporate unit. This new unit will contain all of Tencent’s projects to break into the metaverse. Chinese IT giant Tencent has taken another step toward entering the metaverse. According to Reuters, an extended reality unit has been launched by Chinese technology and entertainment
June 27, 2022 2 mins read
Global Emerging Markets (GEM) has announced a $200 million financial injection to drive adoption, grow the company, and strengthen innovation for the CeDeFi exchange, Unizen. The money is tied to certain milestones and results to make the initial investment as efficient as possible. On the 27th of June 2022, Unizen
June 27, 2022 2 mins read
Olga informed that the deadline had been pushed to an earlier date than originally scheduled. The deputy governor added that 12 banks are now participating in the initiative. As of the end of next year, Russia’s central bank is increasing its efforts to build a digital ruble roadmap. Deputy Chairman
June 26, 2022 1 min read
Salehabadi said the pilot project would begin in one of the countries’ provinces. Only the monetary authority can issue and control the supply of crypto rial. According to the Persian calendar’s Shahrivar month, which begins on Aug 23, Iranian officials are preparing to begin a pilot program for the crypto
June 26, 2022 2 mins read
