ADA: Despite Whale Offload, Price Reversal Still Possible

Cardano, just like most altcoins, suffered a dip, volatility, and decline in market price for most part of 2022. After making an entry price of $2.01 in January, the Cardano native token, ADA, dipped as low as $0.3124. 2022 has been an epic year for ADA blockchain, despite suffering from contagion volatility. Cardano Price Reversal … Read more

Mica Regulation; A Safe Space For Crypto Exchanges

Following the passing of the proposed MiCA by the EU in October, a top Binance official has assured that the proposed bill favors crypto exchanges in the region. This announcement has continued to generate positive reactions from crypto users and entities. MiCA Regulation, A Safe Space for Web3/Crypto Companies The EU has been in talks … Read more

Singapore Apex Financial Institution Adopts DeFi for FX And Government Securities Trading

One of the central Asian financial firms and the apex institution in Singapore is DBS bank. The institution has incorporated decentralized finance (DeFi) technology for trading all foreign exchange (FX). Some government-owned securities will also be included in the trade using DeFi as a tool.  DBS bank had the support of the Monetary Authority of … Read more

Binance CEO Revealed His Intention To Promote Twitter’s Entry Into Web3

The founder and CEO of Binance, Changpeng Zhao (CZ), have revealed his willingness to help Twitter (TWTR). He advised Twitter’s new CEO to bring the social media platform into the world of Web3. Twitter will experience massive profit and growth if the platform embraces crypto. Binance is one of the biggest crypto exchanges globally, and … Read more

Google Releases a Cloud Node Engine for Ethereum Programmers

Google would launch a cloud-based Node search engine for ETH developers, the company announced. It will be officially called Blockchain Node Engine, and it will offer fully managed services. Users will not be permitted to recruit their teams to evaluate or regulate their nodes. Properties of Google Cloud Node Engine Google uniquely designed the cloud … Read more

German Fintech Launches Sharia-Compliant Cryptocurrency And Blockchain

According to Joerg Hansen, CEO of Caiz Development, “within 2018 and 2019. We received the concept of establishing a currency that can be utilized in the Islamic nations with all its constraints. Including no interest, recognizing your counterparties, no secrecy, or speculating.” Joerg Hansen: Caiz Will Comply With Islamic Laws Before deciding how to design … Read more

Binance BSC Blockchain Suffers Breach

Leading cryptocurrency marketplace Binance fell victim to an attack on its BSC blockchain last Thursday. Moreover, this makes the second largest hack Binance has undergone since its inception. However, the phisher stole approximately $570 million worth of tokens, according to Friday’s market fair value.  BSC Blockchain Experiences Hack  An existing loophole in the BSC bridge … Read more

BlackRock Launches A Blockchain ETF For European Investors

The explosion of investment products in the digital assets ecosystem and on blockchain networks is paving the way for the development of new investment strategies for participants. BlackRock Targets European Customers with New Product Investment giant BlackRock seeks to offer European investors exposure to investment opportunities in the blockchain industry.  By establishing an exchange-traded fund … Read more

Polkadot Introduces Tether (USDT) Minting on Its Blockchain

Tether Limited Inc., the parent company of the USDT stablecoin, has announced a new development to its network as it announced that minting USDT tokens is now possible on the Polkadot blockchain. USDT Goes Live on Polkadot The latest development would see the largest stablecoin by market cap be minted on the Polkadot network. Tether … Read more

Users Of ETHW May Be Exposed To Replay Attacks

Following the induction of Ethereum’s Proof-of-Stake (PoS) Merge on the mainnet, some Proof-of-Work (PoW) supporters picked up tokens from PoW chains, which analysts claimed could be harmful. Ethereum on PoW Users Are Prone to Attack Post Merge The Kyber Network (KNC) team, an experienced Ethereum-based DeFi hub, posted a Twitter thread on replay attacks. The … Read more

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