Cardano stake pool operators (SPO) and users have been reporting at least half of the nodes for the network briefly went offline over the weekend. According to a Jan. 22 post shared on the Telegram SPO for Input Output Global, the engineering and research in fintech behind the Cardano blockchain, an anomaly caused 50% of
Altcoins
In the XRP community, a document of the Central Bank of Uruguay, in which Ripple is mentioned seven times, is currently causing quite a stir. The document dates back to March 7, 2022, but is said to have been published less than a week ago on the website of the Central Bank of Uruguay (BCU),
The philanthropic arm of Binance — Binance Charity — is set to fund 30,65 scholarships to students keen on forging out a career in Web3 in 2023. The Binance Charity Scholar Program (BCSP) will provide free Web3 education and training courses which will enable tech-savvy students to upskill without having to leap-frog any unnecessary financial
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) received a slightly different schedule update yesterday, according to U.S. Attorney and former federal prosecutor James K. Filan via Twitter. In fact, as of today, no further deadlines are scheduled. All documents and all reply briefs have been submitted. “Everything is
Crypto lender Nexo Capital has agreed to pay $45 million in penalties to the U.S. Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) for failing to register the offer and sale of its Earn Interest Product (EIP). The news was announced by the SEC and NASAA in two separate statements
Token Unlock, a platform that uses on-chain data to track vested tokens and inform users of upcoming unlock events, issued a 2022 annual report today showing the highest estimated locked value tokens per the current market price. The report shows 15 tokens (such as XRP, Filecoin, Optimism, Chainlink, BitDao, ApeCoin, STEPN, Hedera, Axie Infinity, dYdX,
The United States equities markets are on track to finish the week in the red but that has not resulted in a deeper loss for Bitcoin (BTC). The news of cryptocurrency lender Genesis filing for Chapter 11 bankruptcy also did not have any meaningful impact on Bitcoin’s price. This shows that the selling pressure could
Three men drove their car into the metal barricade outside Sam Bankman-Fried’s parent’s home where he is under house arrest, SBF’s lawyers claim. In a filing to the federal court, the lawyers for the former FTX CEO said the three men got out of the car after hitting the barricade and told a security guard
Ripple CEO Brad Garlinghouse commented on the legal battle with the U.S. Securities and Exchange Commission (SEC) during the World Economic Forum in Davos on Wednesday, again hinting at how important the Hinman documents could become to the case. As Bitcoinist reported, speculation about the relevance of the documents has been ongoing for quite some
Avalanche (AVAX) came into the spotlight early at the beginning of 2023 by adding its blockchain support to Amazon Web Services (AWS) cloud. However, empirical and on-chain analysis suggests that Avalanche’s price surge is likely due to a broader cryptocurrency market pump which will likely end with the rest of the market. Is Avalanche’s Amazon
Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking. On Jan. 18, the company launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS cryptocurrencies. The ETP immediately starts trading on the local stock exchange
The relationship between Ripple Labs and XRP tokens has been a controversial topic in the crypto community for quite some time. While there is evidence through older documents that XRP was also called Ripple in the past, since the XRP initiative in 2018, the company has placed great emphasis on the fact that the cryptocurrency
Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders. Given the number of black swan events and the proliferation of crypto-oriented scams in 2022, most investors expect U.S. and global regulators to eventually lay down a strong hammer on centralized exchanges and
The cryptocurrency community has a tendency to fixate on a new issue every few weeks and then promptly forget about it. The limited attention span of this community misses the ultimate resolution of important issues. Over the Thanksgiving holiday in November 2022, ConsenSys released a disclosure about a privacy policy affecting MetaMask users that sent
The notion that bear markets are good for builders appears to be true, with the total number of monthly active Web3 developers increasing 5.4% to more than 23,300 over the last 12 months despite a near 70% drop in crypto prices. According to a Jan. 16 report from Electric Capital, “full-time” developers — categorized as
Apart from the court battle between Ripple and the US Securities and Exchange Commission, the airdrop of the Flare Network Token (FLR) has caused quite a stir in the XRP community in recent weeks. After more than two years, XRP holders finally received their FLR tokens on January 9, 2023, even if not completely as
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