Wed, October 7

BlueWallet Closing Lightning Network Node on Bitcoin Network

According to a formal announcement, BlueWallet is closing its lightning node connection to Lndhub. In order to continue utilizing BlueWallet’s lighting services on the Bitcoin Lightning Network, customers will need to connect to nodes when the company ends its custodial lightning operations. The Lightning Network is a Bitcoin-based second-layer payment

February 25, 2023 1 min read

Citizens Trust Bank To Hold $65 Million in USDC Reserves

Circle, a digital currency company, has revealed that Citizens Trust Bank, an Atlanta institution established in 1947, would store $65 million in USD coin (USDC) reserves. This decision follows a string of previous ones. In which Circle announced allocating money to several banks in the United States. To provide just

February 25, 2023 1 min read

Celebrities Urge Court To Dismiss Lawsuit Over EthereumMax Promotions

A group of celebrities including Kim Kardashian, Floyd Mayweather, and others have asked a federal court in California to dismiss their revived case over EMAX. Magistrates dismissed a similar indictment against the accused in December of last year. It has been alleged that Kim Kardashian, Floyd Mayweather, Paul Pierce, Jona

February 25, 2023 1 min read

Terra LUNC and USTC Witness Price Surge Post Key Proposals Approval

At press time, USTC was trading at $0.0284 and had risen 7.45% in the last 24 hours as per CMC. Meanwhile, LUNC has slowed its intraday gains. And was trading slightly higher in the past 24 hours at $0.0001653, up 2.45%. After dropping for three days in a row, LUNC

February 25, 2023 1 min read

ETH Whales Accumulate Polygon (MATIC) Ahead of zkEVM Launch

Moving steadily towards a Mainnet Beta release in March 2023, Polygon’s (MATIC) zero-knowledge Ethereum Virtual Machine (zkEVM) is making progress. Due in large part to this monumental development, MATIC has seen its price rise dramatically over the last 30 days. Yet ETH whales have been discovered stockpiling MATIC in preparation

February 25, 2023 1 min read

Will Shibarium Boost the Price of the Shiba Inu (SHIB)?

Shiba Inu (SHIB), an ERC-20 token, keeps staying among the top cryptocurrencies among retail investors due to its high development potential. Shiba Inu (SHIB) is quickly becoming one of the market’s most frequently discussed cryptocurrencies.  The wide adoption of cryptocurrencies is one facet that might affect the price of SHIB

February 25, 2023 1 min read

Binance Plans Hiring New Staff For Operations in Romania

The biggest cryptocurrency exchange by trading volume, Binance, plans to employ a lot of people this year for its technological center in Iași, Romania. Since opening the center in 2022, the firm has been actively hiring new employees. The Romania Insider portal said that opportunities for IT professionals exist across

February 24, 2023 1 min read

Jack Dorsey’s Cash App Bitcoin Revenue Down 25% Over Previous Year

The revenue for Jack Dorsey’s payment processing firm, Block, exceeded Wall Street’s forecasts, but the bottom line fell short. Block reported income of $1.83 billion in Bitcoin from its Cash App business unit in the prior quarter, down 7% year over year as compared to the same period in 2021.

February 24, 2023 1 min read

Polygon Co-Founder Says Solana & Aptos Can’t Beat Ethereum

Ethereum scaling network Polygon’s Co-Founder Sandeep Nailwal predicted that Ethereum would be the only standard smart contract protocol that overtakes all other layer-1 competitors such as Solana, Aptos, Cardano, and Avalanche. In a recent interview with Crypto Banter, a YouTube channel, Nailwal said; I don’t think there’s going to be

February 24, 2023 1 min read

Dapper Labs Announces Second Wave of Layoff by Letting Go 20% Staff

In an effort to reorganize the company, Dapper Labs will be letting off 20% of its full-time employees, as stated in a letter addressed to employees on Thursday by founder and CEO Roham Gharegozlou. Gharegozlou stated that the company was reorganizing to increase its focus and efficiency. Moreover, it also

February 24, 2023 1 min read