The USDC stablecoin and Verite KYB credentials are now supported. Circle plans to provide certain Early Access clients with complimentary Verite KYB. Circle, a payments technology firm and issuer of USDC, announced on Saturday the creation of the first Verite KYB (know your business) credentials that are compatible with the
Even though the Solana blockchain had significant downtime, it seems to be completely functional once again. The whole network crashed because of a single misconfigured node. But over the year, Solana has put up with a number of shutdowns. When contacted, Solana said that the transactions could not be processed
StakeWise, a proof-of-stake app, will collaborate with Deutsche Telekom’s MMS. Ethereum’s proof-of-work consensus method was replaced with a proof-of-stake model. German telecom giant Deutsche Telekom, T-Mobile’s parent firm, has committed to operating a validator to facilitate staking on the Ethereum network. The news was officially announced by the German telecoms
ZachXBT, the on-chain sleuth, has once again found something of interest. Now he’s made some serious accusations against crypto industry heavyweight Lark Davis. However, the latter insists that his actions were appropriate. The anonymous investigator has already accused American YouTuber Logan Paul of supporting a number of “pump and dump”
Last month, XRP prices have increased by close to 50%. Judge Netburn noted the exceedingly general nature of discovery’s goals. XRP, Ripple’s native cryptocurrency, has seen the most daily rise. In only 24 hours, XRP’s value has increased by a stunning 12 percent. Nonetheless, the recent court judgement against the
The court ordered the SEC to provide relevant Hinman records. Christy Romero insists that the CFTC still considers Ethereum to be a commodity. Even with the switch to proof-of-stake (PoS), Ethereum is still seen as a commodity, according to CFTC Commissioner Christy Romero. On Wednesday, Rostin Behnam, chairman of the
KaJ Labs, the key creator of the Lithosphere blockchain, has pledged $50-$100M. In all, 6.6 billion LUNC tokens have been destroyed so far. The price of Terra Classic (LUNC) has increased from its 24-hour low of $0.00025 to its new high of $0.00029. That is a gain of over 10%.
USDC support rises from eight to thirteen blockchains due to this new initiative. It was announced at Converge22 conference in San Francisco by Circle CEO. Due to the delisting of USDC from Binance and WazirX, Circle is looking to increase its presence on other blockchains to preserve its position in
After the activation of Plutus V2, the price of ADA fell to almost a year low of $0.42. Hoskinson announced the success of the Cardano wallet Daedalus Turbo proposal. Despite the Vasil hard fork, the ADA price has been unable to recover from its near-year-low following the upgrade. Cardano creator
She discussed the crypto ecosystem, stressing the need of backing CBDCs. Central bankers are missing a chance if they do not accept CBDCs. Central bankers are becoming jittery as the use cases for cryptocurrencies and other blockchain-based currencies expand. Digital assets are very volatile and risky, yet traditional institutional investors
