Wallets
Wallets

United Kingdom’s digital pound meets public backlash — Why?

The use of physical currency for transactions is plummeting globally, so why is the U.K. so tentative with its own central bank digital currency? FOLLOW UP British society is both civil and democratic, so it wasn’t unexpected that the government of the United Kingdom would “consult” the public before signing off on a digital version […]

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Wallets

Travel will create a new wave of Web3 mass adoption: Here’s how

The travel industry can create a new wave of mass adoption in Web3, and over 140 companies are already working on it. SPOTLIGHT The travel industry has long been a behemoth, catering to the diverse needs of nearly 2 billion digitally savvy users each year. When it comes to technological innovation, however, it has remained […]

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Wallets

Synthetix takes on counterparty risks with Infinex derivatives exchange

The upcoming exchange will cater to novice and experienced traders by offering features similar to centralized exchanges. NEWS Decentralized finance protocol Synthetix is preparing to expand its range of affiliated products. Synthetix founder Kain Warwick revealed intentions to introduce a new derivatives front-end called Infinex to the decentralized trading infrastructure of Synthetix. The upcoming exchange will cater […]

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Wallets

Entity representing Binance customers seeks compensation

The mysterious entity called Eeon seeks compensation from Binance and the U.S. SEC, equivalent to 20% of the daily value of withheld funds per customer, totaling $1000 per day. NEWS A third-party entity called Eeon has intervened in the lawsuit filed by the United States Securities and Exchange Commission (SEC) against crypto exchange Binance. As stated in the filing […]

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SEC could be waiting ‘years’ to file appeal in Ripple case: Brad Garlinghouse

According to Ripple CEO Brad Garlinghouse, the filing of an appeal by the U.S. Securities and Exchange Commission would “only further” solidify Judge Torres decision that XRP is not a security. NEWS Ripple CEO Brad Garlinghouse believes the United States Securities and Exchange Commission (SEC) will face a prolonged process before having the chance to […]

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Wallets

Coinbase Wallet launches instant messaging feature with XMTP

The new feature offers end-to-end encrypted private messaging for anyone with a cb.id username, .eth domain, or Lens ID. NEWS Coinbase Wallet users can now send instant messages to each other using their Ethereum identities, according to a  July 12 blog post from Coinbase. The new feature relies on the Extensible Message Transport Protocol (XMTP), […]

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What to expect from the first Coinbase-SEC hearing

As the first hearing since the SEC’s June 6, the conference is expected to be “procedural and administrative,“ though it may also give a sense of the litigation’s tone. NEWS A pre-motion hearing set to take place on July 13 between the U.S. Securities and Exchange Commission (SEC) and crypto exchange Coinbase should provide a […]

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BNB Beacon Chain to add ‘panic’ feature that can ‘halt’ blockchain

BNB Beacon Chain mainnet is set to undergo the “ZhangHeng” hard fork around July 19, which will bring new upgrades aimed at improving security. NEWS The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will allow the blockchain to “halt” the production of new blocks […]

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Wallets

Why is Polygon (MATIC) price up today?

MATIC’s price is up today as traders assess the appointment of a new CEO and amid surging whale activity ahead of a key network update. ALTCOIN WATCH Polygon’s  MATIC $0.7360  price is up today, mirroring upside moves elsewhere in the cryptocurrency market as traders assess a mix of fundamental factors. On July 11, MATIC’s price […]

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Cardano network activity and ADA’s oversold price action hint at a powerful breakout

On-chain growth, a surge in DeFi use and a positive technical outlook could signal a breakout in the ADA price. MARKET ANALYSIS Caradano’s native gas-paying token, ADA $0.293  received a big blow at the start of June when the United States Securities and Exchange Commission (SEC) regarded it as a security in its lawsuits against Binance and Coinbase. […]

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