Elon Musk’s rebranded social media platform, Twitter X, is set to go public amid a new investment strategy by Bill Ackman’s firm, Pershing Square. The venture into X could redefine social media engagement while creating unparalleled shareholder value, according to Ackman. The potential public listing of Twitter X could have a rippling effect on the […]
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now live on the BNB blockchain network. This integration with Chainlink will enable developers to securely expand their applications across chains. CCIP provides users with the ability to transfer tokens from one blockchain to another, using the lock-and-mint or burn-and-mint mechanisms. It also allows users to carry out Cross-chain […]
Ripple and the US Securities and Exchange Commission (SEC) have been engaged in a legal battle for the past few days. This dispute began in late 2020 when the SEC accused Ripple of selling XRP to retail investors in violation of securities laws. Last month, a US judge ruled that the sale of XRP did […]
The banking industry is increasingly adopting blockchain technology to tokenize real-world assets. Financial giants like JPMorgan and Citi are exploring the benefits of both public and private blockchains, merging innovation with security. Franklin Templeton is utilizing public blockchains for their potential cost-saving efficiencies, while Citi is focusing on the integration of digital offerings. However, the […]
Bitcoin (BTC) has seen a significant surge in the past week, reaching an almost 7-week peak of $28,500. The altcoins have also seen notable gains, with Solana leading the pack with a 14% increase. The total crypto market cap has added over $40 billion in a day, reaching a local peak of $1.120 trillion.It was […]
Craig Wright, the self-proclaimed inventor of Bitcoin, may soon be facing the end of his legal disputes. After Christen Ager-Hanssen left nChain Group on Saturday, a leaked email suggests that Calvin Ayre, another once-strong supporter and financier, is also distancing himself from Wright. Ager-Hanssen’s statements not only shed light on the internal dynamics and discord […]
The wallet associated with the hack of the bankrupt FTX exchange moved about $38 million in Ethereum (ETH) since it became active during the weekend. On-chain data shows that the attacker first transferred 6,250 ETH, worth $10.46 million, in three transactions through privacy tools like RailGun and THORChain. On Oct. 1, the attacker continued the […]
Coinbase, a United States-based cryptocurrency exchange, has recently obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This license enables the company to expand its digital payment token services to individuals and institutions in the country. The license also allows Coinbase to conduct payment services without being subjected to transaction limits […]
Cardano is making significant strides in its blockchain ecosystem, as outlined in the weekly development report. The Lace Wallet has been upgraded to enable users to customize their delegation ratio among different stake pools, as well as to integrate portfolio persistence and rectify UI glitches. Additionally, the DApp connector has been enriched to facilitate governance […]
Bitcoin prices have surged to a new high of $28,000 during the Monday morning Asian trading session. Analyst ‘CrediBULL Crypto’ said that the move was expected and could have significant implications if it holds over the next couple of days. Will Clemente added that BTC was trading at major technical indicators at this level.Ethereum has […]
