Category Archive: Cryptocurrency, No picture
Solana Outages Gone? Network Boasts 100% Uptime in Q2
Despite its past of unreliability, a Q2 2023 Solana Network maintained an 100% uptime in Q2 2023, according to the Solana Foundation’s Network Performance Report, representing one of many enhancements made to Solana’s network infrastructure and performance during the first half of the year. The network, managed by an extensive, independent group of validators worldwide, […]
Terraform Labs Names Former COO Chris Amani as CEO: WSJ
Terraform Labs, the blockchain company which collapsed in May 2022, has been appointment of former chief operating officer (COO) Chris Amani as its new interim Chief Executive Officer (CEO), according to the Wall Street Journal. This leadership reshuffling comes as the company’s co-founder, Do Kwon, grapples with fraud convicion in Montenegro, as well as threat […]
Polygon Labs Charts Course for Decentralized Governance
In a bid to redefine the governance of its blockchain network, Polygon Labs is advancing its governance mechanism with the proposed Polygon 2.0 upgrade, an announcement read. As revealed on July 19, this innovative roadmap intends to cover all blockchains and applications within the Polygon ecosystem, presenting a three-tier system to govern its operations. 1/ […]
Crypto.com Puts Luxury on Your Finger with Bäumer Vendôme NFT Collection
Bäumer Vendôme, a well-established name in high jewelry with three decades of crafting exceptional pieces, has pioneered a unique NFT collection based on Crypto.com’s NFT platform. The Maison has revealed an exclusive collection of NFTs that mix traditional jewelry craftsmanship with blockchain technology. 💎Bäumer Vendôme has launched a first-of-its-kind NFT and physical jewelry collection, which […]
Nasdaq Scraps Crypto Custody Plans Amid US Regulatory Issues
Nasdaq has abandoned its anticipated crypto custody service, a move prompted by the ever-evolving U.S. regulatory climate, according to the firm’s CEO, Adena Friedman. This strategic decision, which marks a significant setback to the institutional adoption of cryptocurrencies in the U.S., was disclosed in an earnings call on Wednesday: “This quarter, considering the shifting business […]
Ethereum’s Solidity Developers Have Bridge to Solana via Solang
Solana Labs, known for its high-speed, low-cost blockchain platform, has unveiled a new compiler, Solang, in an effort to bridge the gap between Ethereum developers and the Solana ecosystem, Solana published on July 19. 1/ 🎉Introducing Solang: Building on Solana with Solidity Today, @solanalabs announces Solang, a compiler enabling developers to write smart contracts on […]
SOL Staking Service by Marinade Finance Now Live
Marinade Finance, the project with the highest total value locked (TVL) in the Solana ecosystem, has introduced its first-ever native staking service, Marinade Native. Welcome Marinade Native! Turn your SOL staking on autopilot: Automatic stake delegation to 150+ best-performing validators– no smart contract exposure– 0% deposit fee (limited time only)– 0% performance/withdrawal fee (forever) 🧵 […]
First French Crypto License Given to Societe Generale’s Crypto Branch
Société Générale’s SG Forge division earns the first-ever crypto license from the Autorité des Marchés Financiers, allowing them to conduct a full range of crypto operations in France. SG Forge, now fully authorized by the AMF as a digital asset service provider (DASP), can provide services including the buying, selling and exchanging of digital assets and […]
Pre-Mining Era ETH Worth $116M Moves Wallets
A wallet holding pre-mined Ethereum worth a massive $116 million that lay dormant for eight years made an unexpected move on July 18. It transferred all its 61,216 Ether to an address on the Kraken crypto exchange. This sudden activity marks the end of a long-term holding strategy and an impressive case of token value […]
UK’s FCA Could Soon Make Crypto Boring
The Financial Conduct Authority (FCA) in the UK has identified a new area of potential regulatory concern: cryptocurrency memes. The financial watchdog warned that non-compliant crypto memes might not just violate financial promotion rules but could also lead to criminal offenses. Too many people across the UK are being shown financial promotions from unsuitable sources. […]
