In an effort to educate the public about blockchain technology and explore its potential applications in the energy industry, the Cardano Foundation has partnered with Petrobras, the state-owned oil giant of Brazil. In a statement made on December 20th, the foundation announced that they will be hosting blockchain education seminars
December 20, 2023 1 min read
Leading manufacturer of hardware wallets for cryptocurrencies, Ledger, recently fixed a vulnerability in their Ledger Connect Kit. The firm has pledged to compensate any customers who have been impacted by this security incident in full, showing that it takes its responsibilities seriously. Quick action was taken by Ledger after user
December 20, 2023 1 min read
A testnet program has been launched by Layer 3 Foundation, a leader in blockchain-based financial technology, for its Yellow Clearing Network, the world’s first decentralized clearing system. The foundation’s goal of decentralizing clearing and settlement procedures to scale trading using blockchain technology is now much closer to reality with the launch
December 20, 2023 2 mins read
A Montenegro court has revoked the decision to extradite Do Kwon, co-founder of Terraform Labs, to either the U.S or South Korea. The decision of the High Court of Podgorica to approve Kwon’s extradition to either the United States or South Korea was annulled on December 14 by the Appellate
December 20, 2023 1 min read
The 24-hour trading volume of known NFT markets, including OpenSea, Blur, and Magic Eden, was eclipsed by the NFT arm of crypto exchange OKX. According to DappRadar, the OKX NFT Marketplace had a daily trading volume of over $50 million at roughly 10:00 am UTC on December 18. The platform’s
December 18, 2023 1 min read
The largest supplier of blockchain and cryptocurrency infrastructure in the world, Binance, is happy to announce that its worldwide platform and technology services have successfully completed the System and Organization Controls (SOC) 2 Type II compliance audit. This accomplishment is the most recent manifestation of the organization’s steadfast dedication to
December 18, 2023 2 mins read
The peer-to-peer trading platform NFT Trader was compromised in a major way. Many valuable NFTs were stolen in this incident, including BAYC. In the aftermath of the hack, NFT Trader issued an urgent appeal to its customers, requesting that they remove access to two compromised smart contracts. The purpose of
December 17, 2023 2 mins read
According to Stuart Alderoty, chief legal officer (CLO) of Ripple, the cryptocurrency market will look quite different in 2024. He spoke on the judicial branch’s impact on cryptocurrency regulation, possible legislative hurdles in the U.S Congress, and his forecasts about Ripple’s lawsuit with the U.S SEC. According to Alderoty, Ripple
December 16, 2023 2 mins read
The fourth meeting between BlackRock and the U.S SEC to discuss the eagerly awaited Spot Bitcoin ETF has taken place. Documented in an official filing, this most recent conversation is one in a string of recent exchanges between the SEC and prospective issuers. Moreover, the involvement of the SEC, headed
December 15, 2023 1 min read
Privacy-oriented Namada, a Layer 1 blockchain, is going to provide an incentivized testnet whereby participants will get a payout of 3% of the entire supply. This testnet campaign, called “Namada Shielded Expedition,” is a multiplayer role-playing game that is beginning in advance of the privacy protocol’s mainnet release in early
December 15, 2023 1 min read
