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Search Results for: Litecoin

Unizen (ZCX) enters a strategic partnership with THORChain (RUNE)

Dubai, United Arab Emirates, April 25th, 2023, Chainwire The team at Unizen, operating the Web3 ecosystem found at zcx.com, is pleased to announce a strategic partnership with the team at THORChain. Specifically, Unizen has integrated the THORChain settlement layer to enable swaps between ETH (Ethereum) and AVAX (Avalanche C-chain) to

April 25, 2023 2 mins read

Understanding Cryptocurrency Forks: Types and Implications

Every blockchain has a unique protocol with a collection of algorithms that define it. Examples are the confirmation mechanism, block size, transaction speed, and protection technique. Engineers occasionally alter a cryptocurrency’s core code to enhance or correct issues. A “cryptocurrency fork” occurs when an asset with qualitatively different qualities emerges

April 24, 2023 7 mins read

Onramp Invest Teams Up with CoinDesk Indices to Deliver Leading Crypto Indices

Advisors can now access comprehensive crypto indices on Onramp’s Marketplace SAN DIEGO–(BUSINESS WIRE)–Onramp Invest, the turnkey digital asset service for financial professionals, today announced its partnership with CoinDesk Indices (CDI), a subsidiary of CoinDesk, the leading provider of digital asset indices by AUM since 2014. Through this collaboration, Onramp will

April 19, 2023 4 mins read

Ripple’s Liquidity Hub Excludes XRP Owing to Its SEC Lawsuit?

Ripple has announced the official launch of Liquidity Hub, a new business service. According to the company’s official statement, it plans on getting onboard the first generation of users after a protracted stress-testing exercise.  The first iterations of the liquidity hub will support the digital currencies Bitcoin (BTC), Ethereum (ETH),

April 15, 2023 1 min read

U.S CFTC Yet Again Claims Crypto as Commodities in Recent Lawsuit

Former Deutsche Bank investment banker Rashawn Russell is the subject of a civil enforcement action brought by the U.S Commodities Futures Trading Commission (CFTC) in the United States District Court for the Eastern District of New York. Furthermore, Russell is accused of defrauding investors out of at least $1 million.

April 12, 2023 1 min read

Ripple CTO Mocks SEC and CFTC Regulation Updates

David Schwartz, Ripple CTO’s mockery about the US government institutions has gained various stakeholders’ attention. Commodity Futures Trading Commission’s (CFTC) recent activity of suing Binance and its CEO, CZ is really affecting the crypto market.  Additionally, CFTC proposed Bitcoin, Ethereum, and Litecoin to be commodities. Whereas, U.S. Securities and Exchange

March 29, 2023 2 mins read

THORChain Temporarily Halts Network Operations Amid Possible Breach

In light of recent concerns about a possible network vulnerability, THORChain has temporarily suspended network operations. Following concerns of a possible vulnerability with a THORChain dependency that may harm the network, THORChain went to Twitter on March 28 to say it has paused all trade. THORChain stated the move was

March 28, 2023 1 min read

Fashion House Gucci Enters Into Multi-year Collaboration With Yuga Labs

A multi-year relationship between Gucci and Yuga Labs, the firm behind well-known NFT lines including Meebits, Bored Ape Yacht Club (BAYC), and CryptoPunks, was recently revealed. A press announcement states that the connection between fashion and entertainment in the Metaverse will be the primary focus. The new initiative further establishes

March 28, 2023 2 mins read

CFTC Labels Bitcoin and Ethereum as Commodities in Binance Lawsuit

U.S. officials have accused Binance, the biggest cryptocurrency exchange in the world, of breaking the law in an attempt to step up their crackdown on the cryptocurrency industry. The cryptocurrency sector has been quick to focus on the CFTC’s designation of cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities. One

March 28, 2023 1 min read