Thu, January 15

Iran Expected To Launch Countries Pilot Version of Digital Rial by Aug 23

Salehabadi said the pilot project would begin in one of the countries’ provinces.  Only the monetary authority can issue and control the supply of crypto rial. According to the Persian calendar’s Shahrivar month, which begins on Aug 23, Iranian officials are preparing to begin a pilot program for the crypto

June 26, 2022 2 mins read

Following Launch of THORChain Mainnet, RUNE Price Surges 55% in Last 7 Days

Mainnet launch and Binance’s “Rune in a Million” campaign were both announced. RUNE’s price is still down 31% from the $3.21 it was trading at the beginning of June. After THORChain announced the opening of its mainnet on Wednesday, RUNE’s value has risen by 16 percent. Mainnet launch and Binance’s

June 26, 2022 2 mins read

Binance Announces New VIP and Institutional Services Luring Big Investors

As a VIP, one will get lower fees and a larger daily withdrawal cap. There are nine levels of VIP service available on the exchange. Crypto exchange Binance has launched “Binance Institutional” for VIP and institutional cryptocurrency investors. An endeavor “to upgrade its institutional offerings and services,” the exchange said.

June 26, 2022 2 mins read

Despite Difficulties Ethereum Merger on Sepolia Testnet Expected by July 6

Kim said that Erigon and Hyperledger Besu nodes were to blame for the drop-off. A problem with nodes employing bonsai attempts had existed as far back as April. Ms. Christine Kim, an analyst at Galaxy Digital, tweeted that the recent “shadow fork” in preparation for the Ethereum merging had not

June 26, 2022 2 mins read

Meta and Microsoft Are Founding Members of Metaverse Standards Forum

The Forum will concentrate on pragmatic, action-based initiatives. With the Metaverse Standards Forum, SDOs and corporations may work together. In order to establish the open metaverse, the Metaverse Standards Forum brings together prominent standards organizations and enterprises from throughout the sector. The lack of interoperability hampers metaverse adoption. The Forum

June 26, 2022 2 mins read

Total Power Consumption of Bitcoin Network Drops Drastically in 2022

At its height, the BTC network used 16.09 GW of electricity. Banks accounted for 56 times higher energy use than the Bitcoin ecosystem on June 16. In response to the two-week decline in the mining hash rate, the total power consumption of the Bitcoin (BTC) network dropped dramatically, resulting in

June 25, 2022 1 min read

Unification Announces Shibarium Public Beta TestNet Would Launch in Q3

The Shibarium private TestNet has been running for a few weeks already. Ethereum and Shibarium will be able to send and receive assets using the ‘wallet.’ A public beta test network will go live in the third quarter, according to Unification, the firm developing Shiba Inu Shibarium layer-2. The public

June 25, 2022 2 mins read

Axie Infinity’s Creator Sky Mavis Announced Plans To Reopen Ronin Bridge

Sky Mavis reported that the re-designed Ronin Bridge had passed an audit. In April, the business received $150 million in further capital funding. Axie Infinity’s creator, Sky Mavis, has announced plans to reopen the Ronin Bridge, which was hacked for $552 million in March. According to the most recent community

June 25, 2022 1 min read

FTX Reportedly Planning To Buy Stake in Crypto Lending Firm BlockFi

The total sum being discussed has not been made public yet. The company sold its stake in 3AC and reduced 20% of its personnel this month. Wall Street Journal reports that well-known cryptocurrency exchange FTX is planning to buy a stake in lending company BlockFi. It seems that talks between

June 25, 2022 2 mins read

BAYC Files Lawsuit Against Parties Behind ‘Crazy Disinformation Campaign’

The team prepared the letter to more specifically counter the accusations. The hour-long video has received over 800,000 views on YouTube since its debut. The Bored Ape Yacht Club’s founders responded to charges that the project and its founders had Nazi links in a letter shared publicly. It comes only

June 25, 2022 2 mins read
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