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Blockchain
ECB President Christine Lagarde Says Crypto is “Worth Nothing”
Christine Lagarde, the President of the European Central Bank (ECB) has re-emphasized her dislike for the digital currency ecosystem, noting that the nascent asset class is highly speculative, risky, and worth nothing.
As reported by…
Changpeng Zhao Clarifies Binance’s Investment in Collapsed Terra
Terra’s ship sailed gallantly but has now collapsed following a series of algorithm attacks that made the blockchain network’s native token LUNA plunge to what many see as an irredeemable level.
With so many experts wondering what is…
Crypto Needs a Balanced Approach for an Enhanced Global Outreach, PayBito CEO Says
For crypto’s full potential to be harnessed, striking a balance between divergent patterns and enhancing diversity at all levels is needed, according to Raj Chowdhury, the CEO of crypto trading platform PayBito.
With multiple metrics…
10% of Ethereum Supply Staked in ETH 2.0 in Anticipation of The Merge
Ethereum 2.0, which was recently renamed the consensus layer, continues to gain steam because 12,059,714 ETH has been staked in its deposit contract.
This represents 10% of the entire circulating Ethereum supply of 120,585,605 ETH,…
PlanetWatch Partners with Treedom to Launch “Stake for the Planet” Initiative
PlanetWatch, in partnership with Treedom, has launched a "Stake for the Planet" initiative.
PlanetWatch is the world's first decentralised air quality monitoring network built on the Algorand blockchain. While users of the Treedom…
India Crypto Exchanges Restrict Rupee Deposits to Buy Crypto
Indian cryptocurrency exchanges CoinSwitch Kuber and WazirX have banned users from making Rupee deposits to buy cryptocurrencies, Reuters reported.
This is a decision that stems from regulatory uncertainty. Last week the National Payments…
Shopify Inks Deal with Strike, Enabling Bitcoin Lightning Payments
Merchants on Shopify, a global e-commerce giant, will have the option of receiving Bitcoin (BTC) off-chain payments through the Bitcoin Lightning Network after sealing a deal with Strike.
As a leading digital payments platform built on…
BTC, ETH Gain Ground & The Top 5 Metaverse Movers to Watch
After the short bearish trend amid the Russia-Ukraine tensions, the crypto market has started to gain ground again. Bitcoin and Ethereum rose by about 1% and 5% respectively during the last week. Many other cryptocurrencies have followed.…
UK Regulator Issues Fresh Warning to Crypto Firms amid Key Deadline Approaches
The Financial Conduct Authority (FCA), a financial regulatory body in the United Kingdom, has issued a fresh warning to crypto firms. The regulator issued a mildly worded statement on Thursday informing crypto companies to be clear and…
Security Should be at the Heart of Crypto Ventures, HashCash CEO Says
The skyrocketing number of digital asset services shows increased crypto awareness and adoption, which necessitates heightened security features, according to HashCash Consultants CEO Raj Chowdhury.
With a notable portion of the global…