Sango Coin and The Crypto Island, a metaverse platform, are both in the works. The World Bank declared in May that it would not be “supporting Sango.” Government-backed Sango crypto hub project in the Central African Republic (CAR) aims to promote the local digital asset industry and has gone live.
The FSR 2022 records various statements highlighting the risks in the crypto market. 1% tax on crypto transactions reduced the volume of trading to 50% quantity. By June end, the Reserve Bank of India (RBI) released its annual financial stability report (FSR) 2022, where the RBI governor warned everyone stating
The OpenSea Co-Founder Alex Atallah wrote a mirror piece announcing his departure from the firm on July 30. OpenSea’s Atallah says he’s happy with the progress and would want to start “building something from zero to one” again. OpenSea’s Board of Directors will retain Atallah’s position. Kevin Pawlak will continue
The crypto market appears to be falling further due to the low trade volume. Crypto experts believe that Bitcoin would reach down to $6,000. There are many factors for the dip in BTC’s price value. The crucial reality is that BTC has dropped to $19,000, has already hit $18,000 in
The Voyager has halted its operation from July 1, 2.00 PM ET. The 3AC has a default of around $646 million to Voyager, in terms of BTC and USDC. Another crypto firm got halted this week, Voyager Digital LLC platform officially declared its halting on July 1 by publishing an
An NFT licensing marketplace that allows hodlers to rent out their Ape’s IP to marketers and brands has attracted hundreds of Bored Ape owners. In an effort to make it easier for companies to find and hire the 10,000 BAYC NFTs, blockchain accelerator Mouse Belt Labs has developed a marketplace
Crypto hacks and scams on the rise every month. Major anomalies are ethical hacks upon the parent blockchains. Rug Pull and Discord Hack accounts to be the major attack modes. Horrible is the entire crypto industry and so devastating was the month of June 2022. The overall market cap has
BlockFi received a $250 million line of credit from FTX. Massive leverage is the root of many problems afflicting the crypto community. The current bear market and the aftermath of Terra LUNA and UST last month have significantly impacted the crypto industry. The demise of Terra set off a chain
The Substrate Developer Hub has undergone a significant upgrade to improve the Substrate learning and development experience. Polkadot, the network protocol developing genuine multi-chain applications, is pleased to announce it. In addition to completely restructured documentation, for the first time, Polkadot has introduced a Substrate Marketplace, a one-stop shop for
The platform has allowed sellers to benefit from fee-free, fast payments. Price volatility was one of the most apparent drawbacks for merchants. Merchants may now take Shiba Inu (SHIB) and six other cryptocurrencies as payment via Coinbase Commerce. Two important changes were made on Tuesday to Coinbase Commerce which is
