Mon, December 9

Hydra Layer Scales Cardano (ADA) To Reach 2 Million TPS

Input Output Global announced, Cardano can handle up to 2 Million TPS. Ouroboros Hydra serves as the second layer for Cardano Network. Hydra is Cardano’s Scalability Solution. Cardano network is a decentralized blockchain platform that brings new standards in technology through globally distributed innovations. As the world is encouraging blockchain

May 29, 2021 2 mins read

Crypto Firms Struggles To Meet AML Standards in UK

Problems in the process of registering crypto firms. 77 new crypto firms submitted applications that are yet to review. FCA established a “Temporary Registration Regime”. Crypto firms are struggling to meet the Financial Conduct Authority’s anti-money laundering standards in the United Kingdom. The FCA had only registered five crypto businesses

May 28, 2021 2 mins read

Coinbase raised $6M fund supporting Indonesian Crypto Exchange

Pintu, a licensed Indonesian crypto-exchange, revealed an announcement on receiving $6M fund from Coinbase supporting crypto users and industry, on Tuesday. Series A Funding Mission in Indonesia Coinbase launched a new mission called “Coinbase Ventures”. A mission that supports investing in small crypto exchanges and blockchain startups. It completed a

May 27, 2021 2 mins read

Biden Authorities Monitors the Gaps in Crypto Markets

White House Officials monitor the gaps in the digital asset regulations and examine the fluctuations in the market, reports Washington on Tuesday. New Protocols for Crypto investors Washington reports that Biden Authorities meet other government staff to examine the risk involved in the crypto market. The Officials are researching the

May 26, 2021 2 mins read

Bank of Korea Launches Pilot Program

Bank of Korea Launches Pilot Program for its CBDC. A total of $4.4 million allocated for the trial. Deciding about an offer for the pilot program is expected from Samsung. The Bank of Korea launches a Pilot program for its central bank digital currency (CBDC). But issuing it is a

May 26, 2021 2 mins read

Multinational IT Firm Invests $500K Worth of BTC in Q1 2021

The major IT company Globant reveals its purchase of $500,000 worth Bitcoin during the first quarter of 2021. An official announcement was released today morning. Globant, an IT and software development firm, becomes the latest institutional investor of Bitcoin. The purchase of the crypto asset is worth $500K BTC in

May 26, 2021 2 mins read

BSCPad Partners With TRON to Launch TRONPAD

BSCPad, the first decentralized IDO platform, TRON, largest blockchain-based operating system in the world, announced a smart partnership for the great launch of “TRONPAD.” TRON launches decentralized tokensales platform TRON‘s official release conveys the launch of its own platform for decentralized tokensales, “TRONPAD”. The first-ever platform for initial DEX offerings.

May 25, 2021 2 mins read

Is Binance Smart Chain Safe? Two Flash Loan Exploit in a Week

BSC’s DeFi experienced a flash loan exploit for the second time in a week. A new attack drained $3 million from DeFi platform Bogged Finance. PancakeBunny suffered following a $200M major exploit. Binance Smart Chain decentralized finance ecosystem experienced a flash loan exploit for the second time in a week

May 24, 2021 2 mins read

Licensed Crypto Miners in Iran Suffers Power Shut Down

The Iranian Government announces to plug-out the power for cryptocurrency miners due to over consumption of power. Illegal crypto mining affects the licensed digital currency miners. Unauthorized Crypto Miners consumes more power Iran worries about crypto mining centers consuming more power. This results in the shortage of electricity faced by

May 24, 2021 2 mins read

Professional Basketball Team Steps Into Crypto Market

Brooklyn Nets will allow their fans to buy tickets using digital assets in future. The CEO of Brooklyn Nets has not disclosed the name of crypto exchange. Several sports teams are embracing crypto space. The NBA’s Brooklyn Nets, a professional basketball team, makes its big step into the crypto market

May 22, 2021 2 mins read