Blockchain networks have long operated as silos (fragmented ecosystems) until the advent of bridging solutions. While a relatively new addition to the crypto market infrastructure, their value proposition in solving the interoperability problem is undeniable. In the earlier years, crypto users were limited to a single ecosystem; one could not
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
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
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
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
The prosecutors are looking into the collapse of LUNA (now LUNC) and UST (now USTC). The judgement by prosecutors would aid legislators in the next crypto legislation. Prosecutors in South Korea have initiated a fresh probe and evaluation of Terra tokens to determine whether or not they qualify as securities.
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
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
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
UnoCoin has halted its IMPS and NEFT instant withdrawal services, as per reports. The platform recently introduced a reward program for its users. According to the latest reports, one of the prominent Indian crypto exchange platforms, UnoCoin has suspended its IMPS and NEFT instant withdrawal services. The UnoCoin users can
