In the action brought forward by the U.S. Securities and Exchange Commission (SEC), Ripple Labs and XRP holders are anxiously awaiting a Summary Judgment. Ripple, however, has released additional XRP into circulation as the day of reckoning draws near. Data shows that in two distinct transactions, Ripple released one billion
May 1, 2023 1 min read
Bitfarms, a firm that mines for Bitcoin has announced to investors that it has reached a new milestone as a result of its expanded operations in Argentina. A hashrate of 5 exahash per second (5 quintillion hashes per second) was reached on Thursday. Thus, setting a new record for the
April 30, 2023 1 min read
ChinaBank, a Philippine banking institution, has partnered with Qatar National Bank (QNB) to enable a direct transfer of funds through the RippleNet payment technology from Qatar to the Philippines. ChinaBank has said that the partnership’s overarching goal is to better serve Filipinos. Especially who have been sent to work abroad
April 30, 2023 2 mins read
With the latest protocol tweak, mining has become more difficult, and the Bitcoin (BTC) network is exhibiting encouraging indications of strength. Glassnode, a cryptocurrency on-chain monitoring tool, reports that the most recent difficulty adjustment has set a new All-Time High (ATH) of 209 zettahashes (10^21) for the projected number of
April 28, 2023 2 mins read
Lending protocol on Polygon and Polygon zkEVM, 0VIX, purportedly exploited to the tune of $2 million. Multiple stablecoins, including Ethereum and Polygon’s native MATIC token, as well as Aavegotchi’s staked vGHST token, may be used as collateral thanks to this protocol. Aavegotchi is a blockchain-based game that takes inspiration from
April 28, 2023 2 mins read
Findora, a cutting-edge Layer-1 blockchain that combines auditability and privacy to support regulatory compliance, has announced the release of its Findora Triple Masking SDK, a universal set of privacy-preserving solutions for Web3. Developers have an easy method to include zero-knowledge proofs into their decentralized applications thanks to the Findora Triple Masking SDK.
April 28, 2023 5 mins read
On Thursday, the biggest cryptocurrency exchange in the world, Binance, announced the addition of the DOGE/TUSD trading pair in an attempt to boost Dogecoin trade volume. Dogecoin is now available on Binance alongside the USDT and BUSD trading pairs. Binance is the dominant Dogecoin trading platform, therefore their action is
April 27, 2023 2 mins read
The value of the native token on PancakeSwap has decreased during the last week. According to CMC, the price of the CAKE token has dropped by around 22.76% over the last week. Since uncertainty surrounds a planned modification to the project’s tokenomics. The BNB Chain is the foundation for PancakeSwap,
April 27, 2023 1 min read
Recently, Arbitrum, a top Layer-2 scaling solution for Ethereum, began distributing its governance token, ARB. The network has allocated 1.13 percent of its total token supply of 10 billion to airdrops for eligible DAO projects as part of its strategy. The full distribution of the DAO airdrop will take place
April 25, 2023 2 mins read
Huobi Global, a cryptocurrency exchange backed by Tron founder Justin Sun, has announced that it will list Bone ShibaSwap (BONE) token. Bone ShibaSwap (BONE), the exclusive gas fees token for the Shibarium Layer-2 network, was announced for listing on Huobi Global on April 25. Also, on April 25, the exchange
April 25, 2023 2 mins read
