Category: Blockchain

Brad Garlinghouse, the Chief Executive Officer of Ripple Labs Inc, a blockchain payments firm, has yet again called to question the lack of clarity in the statement shared by Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), in his hearing with the Senate banking committee.  With the age-long clamour by stakeholders

Opensea, the world’s largest NFT marketplace, has announced that one of its senior employees is guilty of insider trading, using internal information to profit big on nonfungible tokens. The popular marketplace stated that Nate Chastain, the head of product at Opensea, used internal information to purchase NFTs that was about to be featured on the

In just about 24 hours after the deployment of the Alonzo smart contract on the Cardano mainnet, about 100 smart contracts have been deployed. The Alonzo upgrade marked the beginning of a new era for Cardano, whose native digital asset, the ADA has grown to become the third-largest cryptocurrency by market cap.  The Cardano network

Brad Garlinghouse, the Chief Executive Officer of Ripple Labs Inc, a blockchain payments firm, has yet again called to question the lack of clarity in the statement shared by Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), in his hearing with the Senate banking committee.  With the age-long clamour by stakeholders

Former BitMEX Derivatives Exchange executive Gregory Dwyer has agreed to be extradited from Bermuda back to the United States of America,while the legal tussle indicting three other executives lingers on. As reported by the Royal Gazette, the extradition process is still awaiting approval by governor Rena Lalgie. The American authorities accused Gregory of being complicit in operating

Over thousand protestors marched in the capital of El Salvador Wednesday, while some Bitcoin ATMs reportedly were destroyed against the adoption of Bitcoin as fiat money. Just more than a week after the national adoption of Bitcoin as legal tender in El Salvador, this Central American nation is challenged by the latest round of massive

American search engine giant Google has announced its partnership with Canadian-based blockchain firm, Dapper Labs to help provide the infrastructural capability needed for the scalability of the latter firm in its bid to advance Web3.0. As reported by Forbes, the move marks one of the broad arrays of partnerships that the tech giant has in

The proposed launch of Central Bank Digital Currencies (CBDCs) in many countries has been identified by many observers as a potential threat to banks and other financial institutions. Despite this threat, European Central Bank Governing Council member Jens Weidmann advises that these banking firms should not be treated as “endangered species” that can’t handle the

The Solana protocol recently crashed and saw some of its services disrupted on Tuesday, less than a week after its SOL cryptocurrency hit record all-time highs. On September 14, the Solana blockchain witnessed an error, and the chains stopped working for more than 11 hours, and the ongoing outage continues. Through its official company Twitter

The New York-based Drone Racing League( DRL) announced that has reached a five-year sponsorship agreement with crypto platform Algorand of $100 million. The specific terms of the agreement regarding the cooperation and sponsorship have not been disclosed, but the Algorand cryptocurrency platform will take over the ownership of DRL from the sixth season which starts