Fri, April 19

Charles Hoskinson Wants Algorand To Become Sidechain of Cardano

Charles Hoskinson, the founder of Cardano, has recommended to Algorand (ALGO), a competing blockchain system, that the layer-1 network move its code to Cardano. The founder of Cardano responded to a tweet from the chief technical officer of the Algorand Foundation, John Woods, by making a public appeal for participation.

July 13, 2023 2 mins read

XDC Network and SolidityScan Forge Powerful Partnership to Strengthen Blockchain Security

XDC Network, a leading blockchain platform is delighted to announce its strategic partnership with SolidityScan, a prominent blockchain security firm. This partnership sets the stage for a dynamic collaboration aimed at bolstering security measures and fostering innovation within the blockchain ecosystem. 🚨Partnership Alert🚨 We are excited to announce that we

July 12, 2023 3 mins read

Coinbase Wallet Introduces Instant Messaging via Ethereum Identities

Coinbase wallet users may now communicate with one another through instant messaging utilizing their Ethereum identities. The Extensible Message Transport Protocol (XMTP) is the backbone of this new function, which enables users to send messages to one another using blockchain addresses. Coinbase said in a blog post that it has

July 12, 2023 1 min read

Blockchain-based Gaming Firm Spielworks Offers Refundable NFTs

Spielworks, a blockchain-based gaming firm, has collaborated with Web3 platform Mycelium Network to provide a refund scheme for sales of non-fungible tokens (NFTs). In a press release, the team noted that participants in the program who purchase “Reverties” (a kind of NFT) are entitled to a complete USDC return. Users

July 12, 2023 2 mins read

South Korea’s FSC Mandates Financial Disclosures for Crypto Firms

In an effort to boost market transparency, the Financial Services Commission (FSC) of South Korea has mandated that beginning in 2024, crypto firms that issue or possess cryptocurrencies include particular crypto disclosures in their financial statements. The new law mandates that cryptocurrency enterprises disclose their coin’s revenues, volume, and market

July 12, 2023 1 min read

Final Judgment on LBRY vs SEC Case Raises Several Questions

The United States District Court for the District of New Hampshire has released its final judgement in the case of SEC v. LBRY. The court rules that LBRY, Inc. violated Section 5 of the Securities Act of 1933 and penalizes the company accordingly. In light of the continuing legal struggle

July 12, 2023 2 mins read

Cboe Refilings Added More Pressure on SEC to Approve Bitcoin ETF

In the world of the crypto market, the Bitcoin Exchange Traded Fund (ETF) has caught the attention of the crypto community. Recently, the former chairman of the U.S. Securities and Exchange Commission (SEC) stated that the Bitcoin ETF should be approved. While these things are going around, Cboe, the global

July 12, 2023 2 mins read

Taxation Policies in India Raise Concerns for Crypto and Gaming Industries

In recent discussions on Twitter, industry experts and observers have raised concerns over the taxation policies implemented in India, particularly those affecting the crypto and gaming sectors. Sumit Gupta, CEO of CoinDCX, and Twitter user Ravisutanjani have voiced their apprehensions regarding the potential negative impact of taxes on these industries.

July 12, 2023 2 mins read

Algorand Foundation’s Algofi to Close Doors

Algofi, a decentralized finance protocol operating on the Algorand blockchain, has announced its decision to cease operations due to a combination of factors that have made it challenging to maintain the protocol at its desired level of quality. The platform, which facilitates lending, borrowing, and trading, will soon transition into

July 11, 2023 1 min read

Michael van de Poppe Predicts LTC Price as Halving Approaches

Michael van de Poppe, a well-known cryptocurrency trader, and analyst, recently tweeted a graphic predicting the future value of Litecoin. According to the expert, Litecoin (LTC) has a “nice sweep of the low” on the LTC chart. According to Poppe, LTC has to surpass the $98.50-$99.50 levels in order for

July 11, 2023 2 mins read