Reddit is testing out nonfungible token (NFT) profile pictures on its platform, with the news coming just a week or so after Twitter implemented a similar feature. The popular social media platform had around 430 million monthly users in 2021 and is reportedly working on an NFT profile picture implementation that will enable users to set their…
SAN FRANCISCO, December 17, 2024 — Saga, the Layer 1 blockchain protocol to launch Layer 1s, today announced its Mainnet 2.0, setting the stage for a fundamental transformation in how the blockchain industry approaches liquidity. The growing number of independent blockchains has created unprecedented challenges for liquidity management and cross-chain operations. This major upgrade lays…
LiGrok a project that aims to revolutionize the music industry by introducing a new era of decentralized rhythm goes on sale on Pinksale on January 16, 2024 LiGrok is a project that aims to revolutionize the music industry by introducing a new era of decentralized beats. It is a brainchild of GROK AI, and Lil…
Prime Minister of Canada Justin Trudeau has announced he will repeal emergency powers used to freeze $8 million from 210 bank accounts connected to Canadian ‘Freedom Convoy’ protestors, according to CBC news. On Feb. 24, Trudeau stated in a televised press conference that “we’re ready to confirm that the situation is no longer an emergency”…
T. Rabi Sankar from the Reserve Bank of India compared cryptocurrency to ponzi schemes and said that banning them, not regulating them, would be the “most advisable choice” for the Indian government. Sankar, the deputy governor for the RBI, told audiences at a keynote address on Feb. 14 that “We have also seen that cryptocurrencies…
ASIC (The Australian Securities and Investments Commission) has decided to cancel the derivative license of Binance after carrying out strong research on the company’s operation in the country. It was disclosed in a press release on Thursday. This means that Australian traders will not be able to increase their derivative position or add up new…
It’s no mystery that the pandemic has had an adverse effect on the global economy. Consumers are spending less and many businesses are struggling to keep their doors open. Fintech company Affirm is feeling the pinch as well. On Wednesday, the company announced that it will be decreasing its staff by 20%. Affirm also said…
Cryptocurrency pioneer Voyager is on a mission to protect its investors and uncover the truth behind the controversial merger with FTX and Alameda Research. Let us take a deeper dive to learn further about the ongoing dispute. What has happened? Voyager Digital’s legal staff has thrown a bombshell at well-known crypto figures, Sam Bankman-Fried and…
The Ethereum Foundation recently sold 1,700 ETH for 2.738 million USDC at a price of $1,611 per coin. After the sale, ETH’s price dropped by 1.45%. Key Takeaways A ripple of consternation is weaving through the cryptocurrency market as on-chain data reveals substantial Ethereum (ETH) sales by the Ethereum Foundation and its co-founder, Vitalik Buterin,…
Grafton Underwood, Kettering, UK / April 8, 2024 – Versus-X today unveils its new platform, marking its entry into the competitive sports gaming arena. Currently, in the initial stages of development, Versus-X is crafted to blend the authenticity of sports with the strategic depth of skill-based wagering, all underpinned by the latest in blockchain technology….
