Sat, January 24

Cardano Smart Contracts Have Surpassed All Previous Records

After introducing the smart contracts in July it reached the 2000 mark. The founder of Cardano said that there is no delay in upgrading in the future. Cardano (ADA) updated the network in September 2021 to include the ability for smart contracts, enabling the blockchain to grow and operate more

August 3, 2022 2 mins read

Robinhood to Layoff 23% of its Workforce Following Q2 Loss

Three months ago, Robinhood laid off 9% of its full-time employees. 713 workers would be impacted by a 23 percent drop in employment. Retail investing giant Robinhood has had a wild year. The fintech company is cutting 23 percent of its personnel. Three months ago, Robinhood laid off 9% of

August 3, 2022 1 min read

Singapore’s MAS Will Begin a Public Consultation on Stablecoins

MAS is actively enhancing its surveillance of the expanding cryptocurrency market. The central bank would soon consult the public on potential stable coin regulations. Tharman Shanmugaratnam, the minister in charge of the Monetary Authority of Singapore, said that the central bank evaluates stablecoin laws and that it will review the

August 3, 2022 1 min read

Solana Wallets Is Continually Under Attack

Millions of dollars have been stolen from more than 5,000 wallets. The exploit appears to affect users of hot wallets connected to the Internet. The Solana ecosystem is the subject of cryptocurrency’s most recent breach, according to users who allege money from well-known internet-connected hot wallets including Phantom, Slope, and

August 3, 2022 1 min read

Fashion House Gucci Now Accepts ApeCoin (APE) in U.S Stores

The move represents an extension of the fashion label’s presence on the web3. Gucci will be the first brand to accept ApeCoin. At select Gucci locations in the United States, customers may now purchase with ApeCoin via Bitpay. In one of its latest tweets, Gucci announced the news. In a

August 3, 2022 1 min read

Kim Kardashian’s Legal Team Files Motion For Lawsuit Dismissal

NBA star Paul Pierce was also named as a defendant in the action. In June 2021, Kim Kardashian posted a crypto-related Instagram post. Kim Kardashian’s legal team has filed a motion to dismiss a class-action lawsuit against the entrepreneur and other American celebrities. The cryptocurrency industry is home to a

August 2, 2022 1 min read

Robinhood Fined $30 Million by NYDFS Over Non-compliance

Robinhood reportedly failed to meet some consumer-protection criteria. The SEC fined a $65 million payment from the business in December 2020. Anti-money laundering and cybersecurity standards were reportedly violated by Robinhood’s crypto trading business, which has been fined $30 million by the New York State Department of Financial Services. “Insufficient

August 2, 2022 1 min read

LUNC Beats BTC: Top Popular Coins Of July On CoinMarketCap

CryptoDiffer shares the top popular tokens of July on Coinmarketcap. The cryptocurrencies are LUNC, BTC, SHIB, ETH, and MATIC. LUNC surpasses BTC while SHIB pushes ETH down in terms of popularity. The inflation of cryptocurrencies is rising while the overall market value has plunged within the last few months. However,

August 2, 2022 2 mins read

Socios Now Owns 24.5 % Stake in Barca Studios, Invests $100M

Socios.com has been investing in La Liga and Spanish football since 2019. Barça Studios will be able to use Chiliz’s cutting-edge blockchain technology. FC Barcelona’s web3 strategy will get a boost thanks to a $100 million investment from blockchain-based fan interaction and incentives platform Socios.com. Chiliz, the owner and technology

August 2, 2022 2 mins read

Amp (AMP) Token Delisted by Binance U.S Following SEC Claims

Binance’s U.S. affiliate declared that it will halt trading in the AMP token. Only Amp (AMP) is available on the Binance.US platform out of the nine claimed. After the Securities and Exchange Commission (SEC) classified Flexa’s AMP token as a security, Binance’s U.S. affiliate declared that it will halt trading

August 2, 2022 2 mins read
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