Sat, October 3

Ripple Teams up With Montenegro To Develop Digital Currency

The Central Bank of Montenegro (CBCG) has agreed to work with cryptocurrency and blockchain solutions provider Ripple to create a plan and pilot project to introduce the nation’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Montenegrin Prime Minister Dritan Abazovic first

April 11, 2023 1 min read

FedNow: Federal Reserve’s Instant Payment Service in the US

FedNow is an initiative of the Federal Reserve Bank for a new, enriched payment service. The announcement is about launching this payment service in the upcoming July 2023. It is one of several services of the Federal Reserve, including FedWire, a credit transfer service, and FedACH, an automated clearing house.

April 11, 2023 2 mins read

Coinbase’s Head of Exchange Reportedly Resigns Amid Regulatory Scrutiny

Coinbase’s head of exchange, Vishal Gupta, is allegedly departing the company after more than two years. Coinbase is the largest cryptocurrency exchange in the United States. Bloomberg reported on April 10 that Gupta had decided to leave Coinbase but would continue in the cryptocurrency industry, leading some to speculate that

April 11, 2023 2 mins read

MetaMask Introduces New Fiat-To-Crypto Purchase Option

MetaMask, a cryptocurrency wallet, has announced the release of a new feature that will let users buy cryptocurrencies with fiat currency utilizing its Portfolio Dapp. With the new function, users can purchase over 90 tokens from eight marketplaces using fiat money. Users have a variety of payment choices to select

April 11, 2023 1 min read

Ethereum Validator Numbers Drop to Negative Ahead of Shanghai Upgrade

In a concerning development for the Ethereum (ETH) community, it has been reported that the number of active validators on the ETH network has dropped to a negative for the first time since the merge in September. Change in #Ethereum active validators goes negative for the first time since the

April 11, 2023 2 mins read

Ethereum Shapella Upgrade and Impact on ETH Price

Ethereum’s Shapella (Shanghai- Capella) upgrade is scheduled for the 12th of April, which is in two days during the 194048 epoch. There are a lot of rattles over this topic in the crypto market, and it is both positive and negative. This article is a summarization of all those. Diving

April 10, 2023 3 mins read

Texas Senators Propose Stablecoin Backed by Gold Rather Than USD

Texas wants a digital currency that can be traded for gold and cash, while other US authorities have proposed introducing a Central Bank Digital Currency (CBDC) managed by the Federal Reserve, which could be manipulated in the same ways as the dollar. Senator Bryan Hughes submitted Senate Bill 2334, and

April 10, 2023 1 min read

Huobi Soon To Launch ROCK, the Rebranded Version of PGALA

Huobi, one of the world’s leading cryptocurrency exchanges, has announced the completion of its rebranding of PGALA to ROCK and has also revealed plans to launch the ROCK token. The rebranding of PGALA to ROCK reflects the exchange’s commitment to offering its users a diverse range of services and products.

April 10, 2023 2 mins read

Former FTX US President Reportedly Disagreed With SBF

According to recent information from the bankrupt cryptocurrency exchange FTX’s current leadership, former FTX US President Brett Harrison quit in part due to a “protracted disagreement” with CEO Sam Bankman-Fried and people in his inner circle in September. The report submitted to the Delaware bankruptcy court on Sunday. The report

April 10, 2023 1 min read

Venus (XVS) Price Skyrockets: XVS Surges Over 40% in a Day

Venus (XVS), the decentralized finance (DeFi) platform, has seen an enormous surge in its price, with a surge of over 40% in just one day. As of April 10, 2023, the price of XVS has reached a high of $8.41. According to CoinMareketCap, the Venus price is trading at $6.88,

April 10, 2023 2 mins read