Crypto billionaire Vitalik Buterin has suggested a new short-term solution to curb soaring gas prices on the Ethereum network. The solution involves a new network upgrade that reduces the transaction calldata cost as well as limits the total transaction call data in a single block....
The latest update in the Indian Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 saw the Finance Minister, Nirmala Sitharaman ascertain that, the crypto bill which is to be introduced in the Parliament this winter, will most definitely differ from the one drafted in February 2021. As of now, the government is waiting on The post Breaking: Indian Finance Minister Confirms the...
Amid the ongoing XRP lawsuit, Ripple took a bold step by launching a crypto product, called the Liquidity Hub, which will allow financial service firms to offer the buying and selling option for cryptocurrencies. According to CNBC, Ripple noted that cryptocurrencies like, the OG Bitcoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash, and the most controversial The post Ripple’s Latest Crypto Service for Financial...
Ethereum was the first generalist blockchain to popularize Decentralize Finance (DeFI) through its use of smart contracts. In turn, they created a rich ecosystem of dApps as web interfaces to the blockchain's smart contract, so far accounting for 3,778 dApps across 6,730 smart contracts. Such dApps have recreated virtually the...
Despite the Black Friday drop, along with the COVID fear crash, cryptocurrencies are getting back on track including the trending meme-coin, Shiba Inu (SHIB). The meme crypto saw an exceptional rise in Whale accumulation, by more than 42 percent hike in the top 1,000 of the largest Ethereum wallets, with the total average SHIB balance The post Shiba Inu Whale Accumulation Surges by...
Amid the wave of fearmongering in India since the speculation of an absolute crypto ban took over the market, the Finance Minister's exclusive statement has come as a sigh of relief for the crypto community and confirmed otherwise. The Indian Finance Minister, Nirmala Sitharaman said in a reply to the Lok Sabha on Monday that The post Crypto India: Finance Minister Puts End...
The decentralized organization, ConstitutionDAO remains in news despite its announcement of the platform's closure. In a latest update, it was revealed that a user recently reached out to ConstitutionDAO via Discord, seeking refund of approximately $3.6 million from the platform. According to the Chinese Journalist, Colin Wu's latest tweet, this investor was mentioned under the The post This User Mistakenly Transferred $3.6 Million...
Amid the wave of panic selling in India, Paytm CEO, Vijay Shekhar Sharma has opted a pro-crypto stance asserting the decentralized sphere's inevitable development. Sharma spoke remotely at a virtual conference organized by the Indian Chamber of Commerce (ICC) this Thursday, where he levied crypto as Silicon Valley’s answer to Wall Street. While arguing in The post Paytm CEO Asserts Crypto Dominance, Claims...
The latest update in South Korea's crypto landscape saw the South Korean financial regulatory authorities propose legislative measures on virtual currencies by inducting it under system supervision like other financial industries, such as banking and insurance. Furthermore, the authorities have defined the rights and responsibilities of crypto assets, levying "undue profits" from crypto trading via The post South Korea: Crypto Legislation to Induct...
The fearmongering continues to affect the fourth quarter's crypto bull, this time around because of South Africa's exclusive warning about a rapidly spreading new coronavirus. With the steep drop in global stock markets and the U.S. stock index futures, cryptocurrencies also bore the burn. According to CoinMarketCap, the OG crypto, Bitcoin fell over 4 percent, The post Breaking: Crypto Market Hit With Yet...
El Salvador has become a benchmark for other nations on how to integrate Bitcoin (BTC) and use it for the progress of society. The small Central American nation adopted BTC as a legal tender in September this year and soon announced a clean Bitcoin mining facility powered by volcanic energy. The country mined its first Bitcoin in October this year as it continues...
The Salvadoran President, Nayib Bukele recently took to Twitter to comment against Sweden's long-standing anti-Bitcoin Mining stance. While replying to a tweet that jokingly taunted El Salvador's Volcanic energy use to mine Bitcoin, Bukele noted that the Swedish authorities might need to wait longer than expected as it would take millions of years for Salvador's The post El Salvador President Mocks Sweden’s Anti-Bitcoin...
Russia's financial regulators are sticking by their long-standing anti-crypto stance, this time around by pushing the proposal to introduce liability for illegal use of crypto. Last week, in its document with the subject, “Main Directions for Financial Market Development of the Russian Federation”, the Russian Bank proposed manifold economic changes for the period until 2024, The post Bank of Russia proposes Legal Liability...
The latest update in the ongoing social media battle fought by the XRP community, regarding the XRP lawsuit, recently saw the community unite to criticize the SEC for an emailed reply from the commission that has been leaked on Twitter. According to the screenshot of the email, the SEC claims that they never made any The post XRP Lawsuit: SEC Denial of Former...
Fidelity Charitable, the largest grantmaker in the US under the Fidelity Investments banner, has reportedly accepted approximately $270 million via crypto donations since the beginning of 2021, it said in a release. Founded in 1991, Fidelity Investments Charitable Gift Fund (Fidelity Charitable) is the largest public charity in the United...
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