The past month was one of much anticipation, as the Cardano community worldwide waited for smart contracts deployment to finally activate on the network’s mainnet. Amidst bouts of FUD and criticism, the Alonzo hard fork combinator event finally took place yesterday, bringing in “an epochal moment in the birth of a new ecosystem.” In theContinue reading “Scores of projects already developing in Plutus, various Cardano testnets”

Even as developed nations around the world continue to advance to different stages of developing their CBDCs, China seems to be well ahead of the others. However, a People’s Bank of China (PBOC) official revealed that some problems still persisted, especially those relating to regulation and payments. Speaking at the China Digital Finance Forum, theContinue reading “China’s e-CNY test runs show progress, but ‘some problems still need to be solved’”

Africa has been recognized for its acceptance of cryptocurrencies quite often lately, as the continent’s nations suffer from economic difficulties and currency devaluation. Countries like Nigeria, Kenya, Ghana, and Togo top the list of cryptocurrency adopters. Cryptocurrencies are being used for international and commercial transactions, and as a store of value in the near absenceContinue reading “Hoskinson wants a ‘Cardano nation’ among other things”

The opponents of Bitcoin far outweigh its proponents in traditional finance. The reaction of many industry leaders to the news of El Salvador adopting the cryptocurrency as legal tender has only confirmed that. While many have hailed the move as one for the ages, quite a few have not shied away from pointing out itsContinue reading “Gold, not Bitcoin, is still these billionaire execs’ favorite hopium!”

Since Bitcoin’s rally last year, high-level financial institutions have placed a lot more importance on the cryptocurrency’s value. However, while companies like Microstrategy and Tesla have gone big on the top digital asset, Ethereum is still well behind in making that cut. Companies like Coinbase may be changing that narrative, however, with the NASDAQ-listed cryptocurrencyContinue reading “If ‘Ethereum is already more popular than Bitcoin,’ what are institutions waiting for”

Binance‘s hiring spree seems to be unending, with its U.S. arm today announcing the appointment of a new President, Brian Shroder. This appointment comes weeks after former CEO Brian Brooks left the company shortly after starting his tenure. Shroder will be tasked with overseeing the strategy, execution, fundraising, business, and corporate development of Binance.US. Additionally,Continue reading “Binance.US steps up compliance efforts with new appointment”

El Salvador’s adoption of Bitcoin as legal tender earlier this week made the whole cryptocurrency community rejoice. While many believe this to be an important milestone in the path towards financial freedom, some have suggested that other countries should follow suit too. Even so, it’s worth noting that the aforementioned roll-out hasn’t escaped criticism. MostContinue reading “Is Bitcoin going ‘in reverse’ as it faces ‘first real test’ in El Salvador”

Countries around the world are either accepting Bitcoin‘s existence and utility or adopting it as one of their own. This acceptance is, however, not universal, and many top financial institutions remain wary of cryptocurrencies. The Governor of Sweden’s Central Bank is the latest to join the latter. Speaking at a press conference, Riksbank Governor StefanContinue reading “Here’s what Sweden, Mexico’s central banks are saying about Bitcoin today”

Ever since the original meme coin DOGE climbed to exponential levels on little more than community support last year, many have wondered what would become of the cryptocurrency. While the alt has garnered tremendous popularity, resulting in hundreds of copycat joke coins and endorsements by the likes of Elon Musk and Mark Cuban, not muchContinue reading “Dogecoin doesn’t have many use cases and perhaps, that’s okay”

Shockwaves were sent through the cryptocurrency industry after the United States Securities and Exchange Commission threatened to sue Coinbase over its high-interest ‘Lend’ offerings. By and large, the crypto-community came out to offer support to the NASDAQ-listed exchange, with many likening it to Ripple’s ongoing legal saga. Immediately post the announcement, Coinbase CEO Brian ArmstrongContinue reading “Should Coinbase ‘go on the offensive’ against the SEC’s ‘regulatory inquisitions’”

Dogecoin unexpectedly grew to exponential levels that quite literally sent it to the moon this year. Soon after, several copycat meme cryptocurrencies found their way to the market, hoping to cash in on DOGE’s success. Shiba Inu, another meme crypto to cash in on the aforementioned success, is of particular interest. Especially since it hasContinue reading “Shiba Inu doges market corrections as ‘Coinbase effect’ comes into play”

Much excitement surrounded last month’s Ethereum London hard fork, and rightly so. It was a big step towards ushering in a new era for the world’s biggest blockchain, and investors were not disappointed. Even as the recent crash delivered a huge blow, its native token Ether climbed 13.7% over the past month. In August, however,Continue reading “The reason why Ethereum, Solana had a great run in August”