Fri, March 7

Linux Foundation Launches Open Source Digital Wallet Initiative

The wallets developed under the OWF banner are supposed to be flexible. The Foundation backs several open source projects, including Linux, Kubernetes, etc. A new collaborative effort to produce open source software to facilitate interoperability for a broad variety of wallet use cases was launched by the Linux Foundation, and

September 14, 2022 1 min read

Galaxy Digital Sued by BitGo Over Termination of Acquisition Deal

BitGo, a digital asset custodian, has launched a lawsuit against Galaxy Digital, a cryptocurrency investment business, seeking more than $100 million in damages after Galaxy’s decision to back out of an acquisition deal. BitGo tweeted early this morning that it had filed the lawsuit late Monday. When Galaxy Digital terminated

September 14, 2022 2 mins read

Bitcoin’s Price Again Drops Below, Will BTC Survive?

For the past few days, the largest cryptocurrency, Bitcoin (BTC) is continuously going through a wavy price momentum. Bitcoin has recently reached $22,000, after witnessing a sudden downfall. However, the market dominator has again crashed down with a significant price fall, amid current inflation. At the time of writing, BTC

September 14, 2022 2 mins read

Crypto Market Is About to Tilt for Institutional Investors

Banking Institutions have already entered the digital asset market in Australia. CBA was the first bank in the nation to introduce crypto services through its mobile banking app last year. According to Henrik Andersson, CIO of cryptocurrency asset management Apollo Capital, institutions may soon flip on their cautious approach to

September 14, 2022 1 min read

Twitter Vs Elon Musk: Whistleblower To Testify in Court

Peiter Zatko, Twitter’s former top security officer, will testify in upcoming hearing. Twitter CEO Parag Agrawal has also been invited to testify by senators. The world’s wealthiest man, Elon Musk, has backed out of a $44 billion bid to acquire Twitter, citing a whistleblower as the reason. However, in an

September 13, 2022 2 mins read

Cryptocurrency Prices Fumble as CPI Figure Not Favorable

For the cryptocurrency market, poor CPI data is bad news. Bitcoin is now trading at $20,825, down from above $22k. Recently, the CPI was revealed. The Consumer Price Index shows a YoY rise of 8.3% and an MoM change of 0.1%. The cryptocurrency market expected much higher volumes. It was

September 13, 2022 2 mins read

MetaMask Integration Announced by Opera Crypto Browser

The upgrade is being released in anticipation of Ethereum’s planned switch. Opera’s standalone Crypto Browser debuted in January of this year. The Opera Crypto Browser is a Web3 browser that was designed to be compatible with many different kinds of decentralized applications (dApps). It currently works with third-party wallets like

September 13, 2022 2 mins read

Blockchain Firm Amber Group Announces Employee Layoff

The business examines and modifies worldwide personnel every quarter. The corporation said that it intended to utilize the raised funds for future growth. Amber Group, a blockchain firm, plans to let off between 5 and 10 percent of its employees this year. From about 200 to 300 before the 2021

September 13, 2022 1 min read

Fidelity Plans To Offer Bitcoin Trading to 34 Million Clients

According to the WSJ, Fidelity is thinking about allowing its customers to trade cryptocurrencies like Bitcoin. Though the cryptocurrency market has had a hard year, this announcement comes as interest from Wall Street persists. Fidelity, a financial services firm, stated earlier this year that it will start accepting bitcoin as

September 13, 2022 2 mins read

Russian Giant Rostec Plans International Commerce Via Crypto

The major aim will be to reduce the harmful impact of sanctions. Proposals to legitimize the use of digital financial assets in negotiations. Rostec, Russia’s biggest industrial and technological corporation, is getting ready to launch a project to include cryptocurrencies in international commerce. The major aim will be to reduce

September 12, 2022 1 min read