International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto Regulation IMF Managing Director Kristalina Georgieva talked about crypto regulation Saturday on the sidelines of …
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The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’ …
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After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoin’s valuation with a market cap of around $11.12 billion, compared to the meme …
Dash and other cryptocurrencies have a lot going on that affects their prices. While the coin may not be as popular as Bitcoin, it is […] Go to Source
The Ukrainian government has received nearly $70 million in crypto donations since Russia’s invasion of the country one year ago, according to Chainalysis. The blockchain data platform says that the Ukrainian government was able to effectively draw upon cryptocurrencies, particularly Bitcoin (BTC) and Ethereum (ETH), for wartime support. “Although cryptocurrencies have been used for malicious …
A prominent Ethereum (ETH) developer is announcing a new testnet for the smart contract platform set to launch later this year. In a lengthy thread, ETH developer Tim Beiko says that Holli, a new testnet, is planned for launch as a means of helping validators, node operators, stakers and miners. First, Beiko explains what each …
Top Stories This Week Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges Former FTX CEO Sam Bankman-Fried (SBF) was charged on four new criminal counts by a federal judge presiding over his case. According to a superseding indictment, there are now 12 criminal charges against Bankman-Fried, including eight conspiracy charges related to fraud …
United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20 meeting on Feb. 25. Speaking to Reuters, Yellen said that it was “critical to put in place a strong regulatory framework.” She also noted that the United States is not suggesting an “outright banning of …
The Kyber Network price prediction shows that KNC manages to maintain its position as the bulls maintain the desire to shoot to the upside. Kyber […] Go to Source
On Tuesday, Solana Spaces, a company that creates storefronts with Solana themes, announced the shutdown of its company-owned and operated locations. This ambitious project has […] Go to Source
Crypto assets across the board suffered price dips on Friday after a new U.S. Department of Commerce report indicated a critical inflation metric rose in January. The Department of Commerce’s Bureau of Economic Analysis (BEA) notes that the personal consumption expenditures (PCE) price index went up 0.6% from December to January. The PCE price index …
Ridesharing applications like Arcade City, DAV Network, Ridecoin, and Jolocom are a few examples of platforms using peer-to-peer ridesharing technology. They demonstrate the potential of blockchain technology to revolutionize the ridesharing industry and create a more efficient, transparent and secure platform for riders and drivers. Arcade City Arcade City is a decentralized ridesharing platform that …
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Having emerged as a movement in the research community, Decentralized Science (DeSci) initiatives are progressing at a pace even big pharma cannot ignore. In fact, Pfizer is now the first pharmaceutical to vote on decentralized autonomous organization (DAO) proposals of German blockchain-based organization VitaDAO. The collaboration is part of VitaDAO’s latest fundraising disclosed in late …
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Solana network faced a slowdown in block production on Fev. 25 following the upgrade in the validator software. The incident resulted in disruptions to transactions and led validators to downgrade the software in an attempt to restore network performance. The technical issue started around 6:00 AM (UTC), leading validators to downgrade to version 1.13 in …
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It might be difficult to find a blockchain developer, particularly if one is unfamiliar with the technology and its range of uses. Employing knowledgeable developers who can assist organizations in creating and deploying blockchain-based solutions that match their objectives is becoming more and more crucial due to the growing demand for blockchain solutions across industries. In …
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