Radix, a decentralized ledger platform, has celebrated the successful completion of its long-anticipated Babylon Mainnet upgrade. This upgrade marks the end of the Olympia era and is seen as a game-changing moment for Web 3.0 and the wider DeFi space. The Babylon upgrade brings with it five new products, including the Radix Mobile Wallet, Radix […]
IOTA has unveiled ShimmerEVM, a groundbreaking update that bridges the gap between Ethereum applications and the IOTA network. This integration allows assets to be transferred between EVM (Ethereum Virtual Machine) chains and the Shimmer network without the need for bridges, which have proven to be vulnerable in the past. The native token SMR ensures smooth […]
Lawmakers have recently sent a letter to the U.S. Securities and Exchange Commission (SEC) urging the regulator to hasten the approval of Bitcoin Exchange Traded Products (ETPs). The letter was signed by congress representatives Mike Flood, Tom Emmer, Ritchie Torres, and Wiley Nickel. The lawmakers acknowledged the significance that approval would hold in the market, […]
A new stablecoin pegged to the US Dollar, RIF US Dollar (USDRIF), has been launched on Rootstock, the blockchain network that brings smart contract functionality to Bitcoin. USDRIF has been designed to tackle real problems faced by people in countries across the world such as hyperinflation, local currency volatility and the high cost of sending […]
The United States Securities and Exchange Commission (SEC) has delayed reaching a decision on whether to approve or disapprove of spot Ether ETH exchange-traded fund applications from ARK 21Shares and VanEck. The commission said it had received no public comments on either proposal and would push the deadlines for another delay or decision to Dec. […]
Four US Congressmen have written a letter to the SEC Chief Gary Gensler, demanding the approval of a Bitcoin ETF. The letter alleges discrimination against BTC ETF on the part of the SEC. The letter was penned by Representatives Mike Flood, Tom Emmer, Ritchie Torres, and Wiley Nickel. It draws attention to Grayscale Investments’ recent […]
The US Securities and Exchange Commission (SEC) has delayed its decision on two spot Bitcoin ETF applications by ARK Invest and 21Shares and Global X, with the former postponed to January 2024. This means that investors and stakeholders may have to wait until next year to get such a product approved. In a letter published […]
Cardano has been struggling to regain its footing in the cryptosphere, especially amidst the market depreciation and proliferation of Layer-2 networks. Despite a 25% price nosedive, the Cardano ensemble has doubled down on enhancing the network’s attributes, readying for a prospective bull market rebound. Data from Santiment reveals a swell in the Cardano Development Activity […]
Crypto exchange Huobi Global was hacked on Sept. 24 for $7.9 million, according to blockchain analytics. Meanwhile, a wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase. In response to the JPEX scandal, Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has vowed to step […]
The crypto world is a vibrant and promising space, with many investors looking for the best crypto to buy today for long-term growth. SHIB and Shibarium have been making headlines with their impressive achievements, while MKR, RUNE, and Borroe.Finance ($ROE) are also showing notable uptakes.Shibarium has seen a surge of 300,000 wallets overnight, and transactions […]
