Cardano’s Vasil Hard Fork Announced for September
According to Charles Hoskinson, founder of the Cardano blockchain, its Vasil hard fork is set to finally launch sometime in September. Cardano is a proof-of-stake network with support for NFTs and smart contracts. According to CoinMarketCap, its token ADA is the eighth biggest coin by market capitalization. After the hard fork – a major software […]
Celsius crypto lending: Borrow and Lend in Celsius Network
Celsius crypto loans review The land of crypto loans is an area to be explored if you have the stomach for it. As the crypto market grows, so do associated financial fields. One of the intriguing players is Celsius Network. The idea which originated in a coffee shop during a break has taken off with […]
Travelex and Ripple Launching Cross-Border Payment Service in Brazil
After the announcement that Brazil is preparing a central bank digital currency, we now have more news about increasing crypto adoption in the Latin American country. The forex company, Travelex, will be using the on-demand liquidity (ODL) service in Brazil, launched by Ripple, the digital payment platform. The goal is to facilitate international crypto payments […]
SEC Sues Dragonchain for Raising $16.5 Million in Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) seems quite determined to put a stop to what it deems to be unlawful securities trading in the crypto industry. This time, the Commission announced charges against Dragonchain and its chief developer, John Joseph Roets, for making $16.5 million by selling Dragonchain’s token, DRGN. According to the lawsuit, […]
Binance Recovers $450,000 of the Amount Stolen in Curve Finance Exploit
After the DeFi protocol Curve Finance was hacked for $537,000 this Tuesday, the crypto exchange Binance has now managed to recover $450,000 of that amount. According to Binance’s CEO, Changpeng Zao, the exchange detected the hacker’s multiple attempts to send the funds to Binance in various different ways. The crypto exchange is now busy returning […]
Dropil Founders Sentenced for a $1.9 Million Fraud
Jeremy McAlpine and Zachary Matar, founders of the fraudulent company Dropil, have been sentenced to 3 and 2.5 years in prison respectively, after pleading guilty to securities fraud. The sentencing comes two years after the charges were brought before the court in California. McAlpine and Matar were accused of misleading crypto investors regarding the Dropil […]
Animoca Brands Leads a New Web3 Alliance
A digital entertainment company, Animoca Brands, announced that it has joined forces with several other prominent companies in order to create a new Metaverse alliance. The goal of the Open Metaverse Alliance for Web3 (OMA3) is to address the challenges of the emerging metaverse environment, with the key goal of maintaining the freedom of information. […]
Aave Protocol Review: Is It Safe?
Aave Review: A Complete Guide Decentralized finance platforms have been taking center stage in the world of cryptocurrency for the past several months. Within this realm, decentralized lending protocols are truly spearheading the way for an increasing number of emerging independent projects through their attractive loan services, ease of access, rich communities and, more often […]
