Support for Euro-backed IOUs on the XRP Ledger was recently announced by cryptocurrency exchange Bitstamp. Customers of Bitstamp may now use XRP Ledger for EUR transfers. Bitstamp tweeted on Twitter about their growing user base, saying: “We’re expanding our IOU Services on XRPL. You can now use EUR-backed IOUs as
A significant layer-1 privacy smart contract validator, the Secret Network has said it would stop providing nodes and support for the network. One of the largest validators, Smart Stake, declared on January 29 that it will stop operating validator nodes for the Secret Network on February 21. Smart Stake has
Web3 and blockchain innovation fund Venom Ventures Fund, run by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has established a strategic agreement with Everscale, a leading blockchain that seeks to address the Web3 industry’s scalability problems. Everscale will get a $5 million investment from Venom Ventures Fund to assist
Dubai-based NC Global Media’s NC BlockFiesta is beginning its new chapter of 2023 with its third edition from SIMATS School of Engineering in Chennai on the 1st of February. SIMATS Deemed University, previously known as Saveetha University, is one of the top-tier educational institutions in the city. The university has
The last decade witnessed the tremendous rise of the world of blockchain, with several industries employing it for enhanced security and ease of transactions. Blockchain was intended to be a revolutionary idea, and so far, it has achieved that purpose. There have been considerable advancements and technological upgrades to blockchain
A new technique known as “Ordinals” is making waves in the Bitcoin ‘BTC’ community. The idea enables non-fungible tokens (NFTs) to transact directly on the Bitcoin blockchain. The consequences triggered a divide between Bitcoin sophists and others who believe the network is wide and diverse enough to support a variety
A new President has been named at Ripple, a cryptocurrency firm. Former SVP/GM Monica Long has been named the company’s new President. Long has been a part of Ripple since 2013. In addition, the statement highlighted Long’s role in the development of the Ripple ecosystem, including her work on the
A growing number of industries and governments are beginning to use blockchain, a key component of cryptocurrency. Sao Paulo’s new municipal data and transparency law recognizes blockchain as a tool that may be utilized to facilitate government operations. In the law, blockchain is described as a distributed digital ledger that
After completing its private and public sale of Fasttoken (FTN), a part of the Fastex web3 ecosystem developed by SoftConstruct, has raised $23.2 million. The public was given access to FTN, the official cryptocurrency of the Fastex ecosystem, on January 18 as part of a token creation event that was
The global crypto market has soared. As the layer1 proof-of-stake (PoS) cryptocurrency, Aptos ($APT) continues to benefit from the recent rally. According to CoinGecko, $APT hit a new all-time high (ATH) of $19.92 on 26th January with notable price surges. Despite the challenges that appeared by the bearish in the
