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Search Results for: Ethereum

Curve Finance To Compensate Funds Lost in Recent DeFi Attack

Curve Finance, a decentralized finance (DeFi) protocol, has announced that it would pay consumers who were affected by the recent attack that resulted in $62 million in losses. An official Twitter account said that continuing investigations were providing positive results, with almost 79% of the monies recovered so far. The

August 12, 2023 1 min read

Visa Eyes Offering Blockchain Gas Fees Payments With Fiat

Visa, an America-based multinational financial services corporation has brought an easier way of traditional payment services for the crypto industry. Post enabling auto payments for self-custodial wallets, Visa supports transactions towards blockchain gas fees.  In a blog post published on Thursday, Visa said that testing of a mechanism that would

August 11, 2023 1 min read

Self-Custody Wallets are Not Without Risks Says Binance CEO

Changpeng Zhao, the CEO of the world’s largest crypto exchange, Binance, stated that he is supportive of self-custody wallets. Moreover, self-custody wallets are not without risks. Through this tweet reply, CZ raised his support for the self-custody wallets. Self custody wallets are not without risks. I am supportive of self

August 11, 2023 2 mins read

Users Can Now Reserve Worldcoin (WLD) Tokens Without Verification

On Friday, Sam Altman’s Worldcoin announced a new feature that would enable anybody to reserve Worldcoin (WLD) tokens without first proving their identity. Due to privacy and security concerns, the crypto industry was initially reluctant to support Worldcoin, despite the company’s stated goal of creating the largest identification and financial

August 11, 2023 2 mins read

Galobank Is Bridging the Gap Between Fiat & Crypto

In the dynamic realm of crypto, groundbreaking innovation stands as the cornerstone. As novel blockchains surface, they usher in promises of accelerated transactions and heightened decentralization. However, the practical integration of cryptocurrencies into everyday life remains a pivotal challenge. Galobank emerges as the solution, poised to effortlessly bridge the gap

August 11, 2023 5 mins read

Top Performer Solana (SOL) Surges 8%, $30 Resistance Next?

In a week of volatile price action in the global cryptocurrency market, Solana (SOL) has emerged as a top performer, currently trading above $24 and possessing a significant 8.01% gain in the past 7 days. The coin’s recent surge has ignited speculation among investors, about the potential breach of the

August 11, 2023 2 mins read

Ether Capital Corporation Reports 2023 Q2 and YTD Financial Results

TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC) announces the reporting of its unaudited interim consolidated financial results for the three-month and six-month periods ended June 30, 2023. On June 15, the Company announced it is streamlining costs and internalizing certain operations to focus on profitability. It

August 11, 2023 12 mins read

Bitcoin Fumbles Briefly Post U.S CPI Inflation at 3.2% for July

Inflation as measured by the annual Consumer Price Index in July came in at 3.2%, below market estimates of 3.3%, as reported by the U.S. Bureau of Labor Statistics. Inflation measured by the Core Consumer Price Index came in at 4.7%, below the market’s estimate of 4.8%, with the monthly

August 10, 2023 1 min read

Crypto.com Integrates ZKSYNC to Boost User Experience

Singapore-based company Crypto.com has announced a significant upgrade to its cryptocurrency exchange platform. Users can now transact Ethereum (ETH) through the integration of ZKSYNC, a Layer 2 scaling solution known for its efficiency. Notably, ZKSYNC‘s Layer 2 technology has been gaining attention for its ability to tackle the scalability challenges

August 10, 2023 1 min read