The digital asset securities firm, the ETC Group, has announced that it is working on listing an exchange-traded product (ETP) that is based on the upcoming hard fork of the Ethereum network. ETC Group is Ready for an Ethereum Hard Fork As the countdown for the Ethereum hard fork upgrade continues, the digital asset securities … Read more
The Reserve Bank of India (RBI) has announced that it will start the pilot test phase for its central bank digital currency (CBDC) and will involve four banks. RBI to Commence CBDC Drive with Four Banks Also known as the central bank of India, the RBI will begin its CBDC trial by using four public-private … Read more
Liz Truss, the newly elected Prime Minister of the United Kingdom, is reportedly pro-crypto following news of her previous support for digital assets. Lizz Truss’s Previous Crypto Support According to reports making the round, the new occupant of 10 Downing Street is a known fan of cryptocurrency. Having defeated her closest rival, Rishi Sunak, Truss … Read more
Following the hacking attack at the decentralized crypto exchange, KyberSwap, the Binance security team, has been involved in the investigation. Binance Team Identifies Key Suspects The Binance Security Team has been heavily involved in investigating the hacking incident involving KyberSwap. According to reports, the attack on KyberSwap led to the loss of $265,000 in users’ … Read more
Indonesia is preparing something exciting for its crypto space as reports indicate it plans to establish a crypto stock exchange. Indonesia Hints at a Possible Crypto Stock Market Launch Crypto enthusiasts in Indonesia are pumped up for the latest development in the country’s digital asset ecosystem. According to media reports, the Island nation is preparing … Read more
The crypto market capitalization has lost approximately 5% since early this month. While publishing this content, the global crypto market capitalization stood at $969.11 billion, losing 0.27% within the past 24 hours. Furthermore, the broad market slump has had leading cryptocurrencies such as Bitcoin and Ethereum posting double-digit slumps within the past 26 days. Meanwhile, … Read more
The fan token, Chiliz (CHZ), has seen massive upticks within the past few weeks. That came as Alexander Dreyfus, CHZ founder, highlighted above CHZ 2.0, designed for the entertainment and sports sectors. That would allow leading brands to create digital assets such as non-fungible tokens (NFTs) and Fan Tokens. Moreover, users utilize CHZ to pay … Read more
The recent data about the GameFi market has seen market players questioning Avalanche. DappRadar data shows GameFi addresses saw a substantial uptick to 1.5 million in the 2021 second half. Meanwhile, gradual declines took the metric to around 1 million. Meantime, this’s a somewhat better performance than DeFi addresses performance during that period. That means … Read more
EGLD is the native token of the scalable blockchain, Elrond Network. The alternative asset overcame a declining wedge amidst upsides on August 20. Meanwhile, its positive correlation with BTC saw EGLD resorting to declines as the overall marketplace endured a slump since this month started. EGLD has seen a double-digit fall since August started (Coinmarketcap … Read more
The fight between the leading stablecoins still witnesses new feuds monthly, with each project taking a turn to plan its winning game. Meanwhile, here is everything about the present status of the never-ending competition. Where to Place You Bet? Stablecoins have their overall market cap at around $153.8 billion, with $56 billion in trading volume … Read more
