The Solana Foundation has revealed that the company is now collecting statistics on its carbon emissions in real-time. Claims have been made that this is a first for “a major smart contract blockchain network.” The code that runs Dapps and NFT projects is stored in smart contracts. As of right
April 21, 2023 1 min read
EUR CoinVertible, a euro-pegged stablecoin, has been released by Societe Generale-Forge (SG-Forge). It is a regulated subsidiary of the French banking corporation Societe Generale. The stablecoins are for use by eligible institutional customers. On April 20, SG-Forge announced the launch of a new stablecoin that would be based on the
April 21, 2023 2 mins read
Alexey Pertsev, the creator of Tornado Cash, will be released on certain conditions. After sanctions were placed on the crypto mixing service by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) in August, he was arrested by Dutch police. The developer of Tornado Cash reportedly received some kind
April 20, 2023 1 min read
AAG, a firm specializing in Web3 infrastructure, has announced that in the next upgrade to the MetaOne® wallet application, two new features will be made available: asset swap and crypto off-ramp. Within the MetaOne® app, asset swap will make it simple for consumers to trade out one cryptocurrency for another.
April 19, 2023 1 min read
Luno, a cryptocurrency exchange owned by Digital Currency Group, is discontinuing operations in Singapore. This change is part of Luno’s ongoing process of evaluating its “global strategy and presence,” the company said in a blog post. Furthermore, the company notified the relevant authorities in Singapore. That it was withdrawing its
April 18, 2023 2 mins read
Data from Alternative shows that on March 21, 2023, the Bitcoin fear & greed index reached its highest point in 16 months, at 69. Bitcoin finally returned to its “greed” phase in January 2023, its first appearance since March 2022. As a result, the greed index has moved deeper into
April 17, 2023 1 min read
In the first four days after the Shapella hard fork, more than one million Ether worth $2.1 billion were removed from Ethereum’s Beacon Chain, and the price of Ether went above $2,100 for the first time in 11 months. There have been a total of 1.03 million ETH withdrawn from
April 17, 2023 1 min read
A hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation” will be held by the US House Committee on Financial Services next week. The usefulness of stablecoins as a payment alternative may be the focus of the hearing. Users’ and the economy’s overall vulnerability is another issue
April 16, 2023 1 min read
The government of India has always taken a relaxed approach to draft legislation for the nascent cryptocurrency sector. But this time, India’s Finance Minister Nirmala Sitharaman has emphasized the need for immediate awareness of the problems associated with crypto assets. Indian lawmakers, it has been said, pushed for quick action
April 16, 2023 1 min read
ConsenSys, the company behind the popular cryptocurrency wallet MetaMask, has disclosed a data breach that has understandably caused alarm in the crypto community. However, the developers of the MetaMask add-on and mobile app have assured users that they are completely secure. Because it is non-custodial software, the crypto wallet does
April 14, 2023 1 min read
