Category Archive: Cryptocurrency, No picture
Polygon ID spins off from Polygon Labs, rebrands as Privado ID
Polygon Labs revealed today the spin-off of its blockchain-based digital identity solution Polygon ID to Privado ID. According to the announcement, the spin-off aims to cater to the increasing demand for digital identity solutions that integrate both on-chain and online data. Privado ID is a protocol-agnostic framework, built on the foundations of the Iden3 Protocol […]
Crypto trading addiction has become a public health concern in the UK — NHS
The UK’s National Health Service recently claimed that addiction to crypto trading has become a public health concern in the country.According to a statement from NHS chief Amanda Pritchard, there is a growing social need for “intervention” as younger people are increasingly exposed to and addicted to crypto trading. Pritchard spoke at the ConfedExpo in […]
Circle to let Solana devs pay for users’ gas fees with Gas Station
Circle has officially extended its Web3 Services to the Solana blockchain, integrating Programmable Wallets and Gas Station. Both tools are designed to enhance the developer experience by simplifying the creation of on-chain applications. These services aim to alleviate the technical burdens of managing private key security and transaction fees, allowing developers to concentrate on scaling […]
Ripple to launch RLUSD stablecoin on Ethereum and XRPL later this year
Ripple has recently shared additional details about the imminent launch of its new stablecoin. In a recent announcement, the company revealed that the stablecoin, named Ripple USD (RLUSD), is set to launch on the XRP Ledger and the Ethereum blockchain later this year. Introducing Ripple USD (RLUSD): A 1:1 USD-backed stablecoin, offering transparency and stability […]
Terraform Labs settles SEC lawsuit for $4.47 billion
Terraform Labs Pte. has agreed to a $4.47 billion settlement with the US Securities and Exchange Commission (SEC), as reported by Bloomberg Law. This resolution comes in the aftermath of the company’s 2022 collapse, which erased $40 billion of investor assets and sent shockwaves through the crypto market. The SEC confirmed the agreement on Wednesday, […]
Andrew Tate’s DADDY token shows “huge insider activity”; investigator profile blocked
An investigation by Bubblemaps recently identified substantial insider trader activity related to Andrew Tate’s token DADDY. Insiders reportedly acquired 30% of the token’s supply at its inception, before Tate’s promotion on social media platforms. These insiders allegedly hold over $45 million worth of $DADDY currently. Following the publication, Tate blocked Bubblemaps on X.The DADDY deployer […]
Solana Labs introduces Web3 gateway for luxury brands
Solana Labs announced a new platform for luxury brands called Bond, aimed at leveraging blockchain to offer personalized, transparent customer experiences that foster deeper connections and long-term loyalty. According to the announcement, the platform addresses the disconnect between brands and consumers when products change hands, which can obscure customer data and hinder relationship building. Bond’s […]
Aethir launches mainnet on Ethereum, token skyrockets by 100% in 2 hours
DePIN protocol Aethir has officially launched its decentralized cloud computing network on the Ethereum mainnet, along with its native token ATH. In the last two hours since its launch, the token leaped nearly 100%, data aggregator CoinGecko shows.Aethir’s platform enables the renting of high-performance compute resources for AI training or digital content rendering. Its economy […]
Crypto execs court Labour as UK election looms
UK Prime Minister Rishi Sunak recently announced a snap election, placing the country’s political situation into uncertainty and turmoil. In response, crypto executives have turned to the competition to gather support and lobby for clearer crypto regulation.According to a report from Bloomberg, two nights prior to Sunak’s announcement, crypto executives gathered on a House of […]
MetaMask rolls out native Ethereum staking in its wallet
MetaMask announced today its Pooled Staking function, enabling users to stake any amount of Ether (ETH) and earn rewards natively on the wallet. According to the announcement, this new feature from Consensys allows users to participate in the broader Ethereum’s security, previously limited to those with 32 ETH or more. “With Pooled Staking, MetaMask users […]
