Author: e_cash_top
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German crypto neobank Nuri shuts down business after failing to find buyer
[ad_1] Nuri, a German crypto neobank, is closing its doors as it was unable to find an acquirer after filing for insolvency in August, CEO Kristina Walcker-Mayer said in an Oct. 18 blog post. The CEO said the decision was taken as the company was unable to find a potential acquirer or investors after working…
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Ripple’s XRPL to soon support NFTs
[ad_1] Ripple’s XRP Ledger could enable support for non-fungible tokens (NFTs) as early as Oct. 31, according to a tweet shared by Ripple’s vice president of corporate strategy and operations, Emi Yoshikawa. XRPL Amendment v1.9.2 (Xls20) – 2 weeks countdown has begun! pic.twitter.com/3MZaT0Yr4M — Emi Yoshikawa (@emy_wng) October 17, 2022 According to the tweet, the…
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Buterin advocates for censorship tolerance in special cases
[ad_1] Ethereum (ETH) co-founder Vitalik Buterin has said solo validators should be tolerated if they censor blocks in special cases in an Oct. 17 tweet. I would say “be tolerated”. Slashing or leaking or socially coordinated anything should only be considered for massive reorging of other people’s blocks, not making wrong choices about what to…
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Thousands of Bitcoin leave Coinbase for the first time since June
[ad_1] Roughly 50,000 Bitcoin (BTC) were withdrawn from Coinbase on Oct. 18, making it the first time since June that such a massive amount of the flagship token has left the exchange. The chart below demonstrates the Bitcoin withdrawals from Coinbase since the beginning of the year with the orange line. Bitcoin balance on Coinbase…
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Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation
[ad_1] Federal Reserve Bank Vice Chair Michael Barr said that banks accepting crypto deposits should be aware of their increased liquidity risks in an Oct. 12 speech published on Oct. 17. Barr stated that there are heightened liquidity risks when traditional banks do business with crypto firms, as such banks could be exposed to liability…
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FTX-backed Aptos blockchain under fire for low scalability on launch day
[ad_1] FTX-backed layer-1 blockchain Aptos is facing backlash for failing to deliver on its promise of scalability from launch day. The layer-1 blockchain developed by ex-Meta employees launched its mainnet “Aptos Autumn” on Oct. 17. Before launch, it had promised to deliver an unparalleled speed of up to 160,000 transactions per second (TPS). However, a…
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Polygon’s 8% gains leads large caps, but market remains stagnant
[ad_1] The cryptocurrency market cap saw net inflows of $12.39 billion since the last wMarket report. As of press time, the total crypto market cap stood at $936.3 billion, up 1.3% over the last 24 hours. Bitcoin’s market cap grew 1.7% over the reporting period to $375.58 billion from $369.27 billion. Meanwhile, Ethereum’s market cap…
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Ripple starts testing XRPL sidechain compatible with Ethereum
[ad_1] Peersyt Technology has launched a sidechain that integrates Ethereum Virtual Machine (EVM) into Ripple’s XRP Ledger (XRPL). The sidechain is available on XRPL Devnet for developers to start testing before it goes live. 📢Thrilled to announce the launch of the first #XRPL #Sidechain compatible with #EVM!🔗 This #Devnet version with its #Explorer and #Bridge…
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Macau’s Executive Council seeks to subject digital currencies to same regulations as fiat
[ad_1] Macau Macau’s Executive Council has submitted a draft of an umbrella regulatory framework that concerns the legal standardization of all currencies in the region, including digital currencies, to the Legislative Council for deliberation, according to a news release by the Executive Council on Oct. 14. If approved, the draft bill — titled “Legal regime…
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Bitcoin Association pursuing criminal charges against miner mining empty blocks
[ad_1] Bitcoin Association, a non-profit responsible for the Bitcoin SV (BSV) blockchain, has revealed intentions to freeze block rewards and sue a malicious miner for breach of contract, according to an Oct 16 press statement. According to the Association, the said miner has been acting maliciously on the BSV chain since June, when he started…