Solana (SOL) Dips Further as Another Network Outage Frustrates Community
The Solana (SOL) network was subject to another recent outage that resulted in a strong response of outrage from the community. In retaliation, a number...
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Bearish Times for Blockchain Ventures: Q4 2022 Funding Sees a Dip
by Jai Hamid
Investor interest in the blockchain and crypto space saw a significant cooling off in 2022, marking a dramatic shift in VC funding compared to the...
IMF Reveals Crypto Action Plan, Advises Against Crypto’s Legal Tender Status
by Afroz Ahmad
In a recent development, the IMF has come forward with a nine-point action plan that specifies how countries should treat cryptocurrencies. The action plan advises...
Coinbase Announces its Ethereum Layer-2 Network, Optimism (OP) Gains over 10%
by Afroz Ahmad
Coinbase recently revealed plans of developing its own layer 2 network, called Base, for developing decentralized applications. Base, powered by Optimism (OP), would offer a...
SEC Investigates Violations of Investor-Protection Laws in Stablecoin Issuance
by Jai Hamid
According to recent reports, the Securities and Exchange Commission (SEC) is looking into the possibility of investor protection rules being broken by stablecoins. Stablecoins are...
Coinbase and IEX to Create Federally-Backed Exchange
by Jai Hamid
Coinbase, a publicly traded cryptocurrency exchange, is reportedly in talks with IEX, a stock exchange, to create a federally approved digital asset marketplace, according to...
Tencent Unveils New Web3 Products to Boost Development
by Jai Hamid
Tech giant Tencent has announced its latest offerings for the development of the Web3 ecosystem. This initiative aims to make a significant contribution to the...
Mastercard Partners with Immersve to Allow Crypto Payments in Web3
by Afroz Ahmad
As per a recent development, Mastercard and Immersve have joined hands to enable cryptocurrency transactions. The new venture would allow customers to make payments using...
Coinbase Reports Unexpected Revenue Increase in Q4
by Afroz Ahmad
Despite uncertainty within the crypto industry, there is some relief for one of the most popular crypto platforms, Coinbase. In a positive development, Coinbase has...