Cryptocurrency Analysis and News Portal
The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This amendment signals a significant upgrade for XRPL.XRP Ledger (XRPL) is set to introduce additional features in the upcoming weeks. As per XRPScan, users relying on rippled v1.11.0 or earlier versions
Read More
Following the announcement of the transition, MATIC experienced a 4% drop in its price, resulting in a reduced market capitalization of $5.8 billion. Polygon, a renowned blockchain scaling platform, reaches a pivotal moment in its evolution with the initiation of the POL token upgrade on the Ethereum mainnet. Months of meticulous
Read More
The Stellar Development Foundation is set to enhance its blockchain offerings with Soroban, a new smart contract platform, currently in testnet phase, emphasizing heightened security and seamless integration. The Stellar (XLM) blockchain, known for fast international transactions, is about to introduce something new. This is called Soroban, a platform for smart
Read More
The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against an accounting firm that had previously provided services to the now-defunct cryptocurrency exchange FTX.According to a September 29 statement, the SEC alleged that Prager Metis provided auditing services to its clients without maintaining the necessary independence, as
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Sam Altman’s blockchain project, Worldcoin, has announced the integration of its “Sign in with Worldcoin” feature with Okta’s Auth0 and the commencement of World ID registrations in Germany. Worldcoin, helmed by Sam Altman, has announced the commencement
Read More
Instead of accepting or acknowledging the license return, the commission insists that BlockFi undergo administrative proceedings. The bankrupt crypto exchange was left with no option but to sue Jorge Perez, the Connecticut banking commissioner. BlockFi’s attempts to return its Connecticut money transmitter license have been futile, as the state regulator has
Read More
Coinbase will be “acutely pressured in the near-term” as its retail customer base trades less frequently in the bear market, but the company has staying power due to its healthy balance sheet with over $5 billion in cash, it's proactive approach to regulatory compliance, prudent risk management and its legitimacy
Read More
Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network. One protocol that has seen a buildup in momentum since the middle of March is Kava, a project that is developing a co-chain
Read More
Silvergate Capital (SI) offers investors an alternative way to gain exposure to the growth of the cryptocurrency ecosystem without the need to actually own a digital asset, Bank of America said in a report initiating coverage of the stock with a buy rating and a $200 price target, implying a
Read More
Deutsche Bank initiated coverage of metaverse play Matterport with a buy rating, calling the company a leader in the digitization of the built world.The bank's analysts led by Bhavin Shah started coverage on Tuesday with a price target of $14, implying a 46% upside from the recent close.Matterport’s technology platform
Read More