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Search Results for: crypto adoption

Cardano Stablecoin Djed Mainnet Deployment Delayed

Vasil update planned for the end of this month has been pushed off for few more weeks. Until the Vasil update is live, COTI says, the Djed mainnet rollout will be on hold. COTI, a major enterprise-grade financial organization, has given an update on Cardano’s stablecoin Djed deployment on the

July 31, 2022 2 mins read

Israel Restricts Cash Transactions Above $4,400 From August 1

These quantities are lower than Israel’s prior 2019 transaction restrictions. Violators might face fines of 15% to 25% of the money involved. Citizens of Israel will be unable to utilize cash for transactions greater than $4,400, depending on the company they are dealing with, beginning Monday. Israel is increasing its

July 30, 2022 2 mins read

Algorand CEO Steven Kokinos Steps Down, Interim CEO Announced

Sean Ford, currently the Algorand COO, has been designated interim CEO. FIFA has appointed Algorand its official cryptocurrency sponsor. Steven Kokinos, the CEO of Algorand who joined the company in 2018 after creating the software development company Fuze, left in order to pursue “other interests,” although he intends to stay

July 28, 2022 2 mins read

Metaverse Unit of Meta Records $2.8B Loss in Q2 2022 Report

During the first three months of the year, this division earned $695 million. Zuckerberg has been promoting interoperability for the metaverse. The virtual reality and metaverse section of Meta’s (Facebook) Reality Labs, overseen by Mark Zuckerberg, suffered $2.8 billion in losses. This was disclosed in Meta’s second quarter 2022 earnings

July 28, 2022 2 mins read

The New Era NFT Project on Ethereum Blockchain

In August 2022, a new era of the NFT project Kryptoria will start to mint on Ethereum. It will be the first project to integrate an immersive game with tangible, and holders can get long-term benefits from the project. Founders, Thomas McAlpine, and Will Askew have chosen to forego the

July 28, 2022 2 mins read

El Salvador’s President Announces Plans to Repurchase $1.6B Bonds

The IMF pleaded with El Salvador to outlaw the use of Bitcoins as legal tender.   On Twitter, Bukele declared he was presenting two legislation to the National Assembly. According to El Salvador’s President Nayib Bukele’s announcement, the nation intends to repurchase $1.6 billion in dollar-denominated bonds from the market. Last

July 27, 2022 1 min read

What Is a Timechain Universal Ledger? Simple Guide for Beginners

Blockchain has had a knack for making the headlines recently, mainly due to a dramatic surge in interest for cryptocurrencies such as Bitcoin and Ethereum. According to Insider Intelligence, more than 34 million US citizens now hold digital currency. Whether these individuals own digital assets as a speculative investment or

July 27, 2022 3 mins read

Positive Spike Expected in NFT Marketplace Till 2030

A report on the Non-Fungible Token (NFT) market by Grand View Research, estimates the market growth would be more than $210 billion by the end of 2030. The current market price value is $ 20.44 billion. The research was carried out with historic data from the period of 2018 to

July 26, 2022 2 mins read

LBank Weekly Listing Report, 25TH July 2022

As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help

July 25, 2022 7 mins read

Top 5 Gainers of BNB Chain Today

On the BNB chain, the top-ranking coin is RAMP. The top 5 coins in the BNB Chain are RAMP, FWT,YFII, EPS, and CEEK. BNB stated that they increased the gas fees to increase the network capacity and to provide a seamless dApp experience. The top gainers from the past 24

July 25, 2022 2 mins read
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