The Cardano Foundation is mobilizing over 11 million ADA to support an upcoming vote central to decentralizing the blockchain’s decision-making. The nonprofit pledged its backing for the so-called “Catalytic Governance” changes while urging community participation. In a seven-part Twitter thread, the Foundation announced it will vote “Yes” in the imminent
November 22, 2023 2 mins read
Ripple chief technology officer David Schwartz sparked intrigue this week with a tweet declaring his love for the Ripple team. The post mimicked language used by ousted OpenAI CEO Sam Altman amid leadership turmoil at the artificial intelligence startup. Following Altman’s controversial removal, he tweeted, “I love the OpenAI team
November 20, 2023 1 min read
Tether, the company behind the popular stablecoin USDT, announced it will launch a euro-pegged cryptocurrency on Bitunix, a new Europe-focused digital asset exchange. In a recent tweet, Tether stated it would soon release Euro Tether (EUR₮) on Bitunix. This represents Tether’s latest expansion into fiat-pegged stablecoins beyond its flagship USDT
November 20, 2023 2 mins read
Stablecoin firm Tether froze over $225 million worth of its USDT token following a U.S. investigation into an international human trafficking operation. The freeze represents the largest ever for a stablecoin and resulted from Tether’s collaboration with law enforcement. The U.S. Department of Justice (DOJ) had been investigating the Southeast
November 20, 2023 1 min read
The XRP Ledger, the blockchain behind the XRP cryptocurrency, has reached a new milestone by closing its 84 millionth ledger transaction. According to data from analytics platform XRPScan, the XRP Ledger’s current ledger count stands at over 84 million. This comes just six weeks after the ledger closed its 83
November 19, 2023 1 min read
The cryptocurrency ecosystem around the popular meme token Shiba Inu (SHIB) has seen an uptick in the rate of tokens being burned or permanently removed from circulation. However, this increase has not corresponded with any major price movement for the SHIB token itself within the past day. Burning tokens is
November 19, 2023 2 mins read
The metaverse and Web3 are two of the most talked-about technologies today, with many believing they will shape the future of the internet. But what exactly are they, and how can people access and get involved with them? This article aims to provide a neutral, well-researched overview. What is the
November 18, 2023 3 mins read
The price of Cardano (ADA) surged 3.3% on November 16th, joining a broader altcoin rally as the cryptocurrency aims to recapture lost ground. ADA currently trades around $0.3883, up from $0.3624 just 24 hours ago, according to CoinMarketCap. After a rocky few weeks impacted by FTX contagion, ADA has now
November 16, 2023 2 mins read
The price of popular meme coin Shiba Inu (SHIB) has risen over 1.3% in the past two days following positive adoption news for the ecosystem. Crypto wallet Atomic Wallet has integrated support for the Shibarium Layer 2 network, exposing SHIB to millions of new users. Meanwhile, boxing legend Manny Pacquiao
November 16, 2023 2 mins read
Solana (SOL) jumped nearly 10% in the past 24 hours, leading gains among top cryptocurrencies as investors regain confidence in the blockchain project once heavily backed by the now-disgraced Sam Bankman-Fried. SOL crossed above $63 on Wednesday, reaching prices not seen since last May. Trading volumes also spiked over 70%
November 15, 2023 2 mins read