On March 31st, Justin Sun, founder of Tron, stepped down from his position as Grenada’s Ambassador to the World Trade Organization (WTO). Sun’s diplomatic status comes to an end amid the Securities and Exchange Commission (SEC) charged the Tron CEO with fraud and market manipulation. As my term as the
There was a tremendous upheaval in the technology industry in the United States in 2023, with over 60,000 people losing their employment in layoffs in only the month of January. Google, Microsoft, Amazon, and Salesforce, all major heavyweights in the tech industry, have announced large-scale layoffs for 2023. Last month,
Cardano’s native coin ADA has experienced notable price fluctuations lately, placing it in the top 10 cryptocurrencies by market cap. ADA has increased by about 50% since the beginning of 2023, and it is now trading at $0.3921 with a market worth of $13.6 billion. Cardano (ADA) has, however, been
Major cryptocurrencies have fared very well over the last week despite significant crackdowns, indicating that the crypto market is now fairly steady. Here we cover the top bullish coins of the week. Ripple (XRP) XRP is one cryptocurrency that is on the rise. As per CMC, XRP the sixth largest
Zilliqa, a blockchain platform for layer-1 smart contracts, was created in 2017 and released to the public in 2019. It announced the release of EVM compatibility on the Zilliqa testnet in December 2022, paving the way for Solidity-based smart contracts to be implemented directly on the Zilliqa blockchain. By supporting
In the beginning, ARK Ecosystem’s open-source tools including a legacy block explorer and desktop wallet were used to launch the Solar Network’s mainnet. While Solar Core has been steadily improving since its beginnings, several hardcoded features have proven challenging to update to the latest and greatest version of the codebase.
The Prosecutor’s Office had asked the Seoul Southern District Court to detain Shin Hyun-seung, a co-founder of the defunct firm Terraform Labs, in pre-trial custody, but the court denied the motion. According to reports, he was instrumental in the downfall of the firm’s crypto assets, including Luna and the stablecoin
A $258 billion racketeering lawsuit alleging Elon Musk of creating a pyramid scheme to promote the cryptocurrency Dogecoin was filed against him on March 31. Musk urged a U.S. court to dismiss the case. Lawyers for Musk and his electric vehicle firm Tesla Inc. filed a motion in federal court
Being the first government to recognize Bitcoin as legal cash, El Salvador has made the bold move of abolishing all taxes on technological advancements. This action is being taken in tandem with the launch of El Salvador’s National Bitcoin Office (ONBTC), or “the Bitcoin office.” Moreover, to combat hyperinflation and
Shiba Inu has been working very hard on many different initiatives and improvements for its user base. The release of Shiba Eternity, its first game, was a smashing success. According to the most up-to-date information, over a million transactions have been performed on Shibarium’s testnet since the introduction of “Puppynet.”
