A phoney staking scheme is targeting XRP investors. XRP staking websites and emails have been faked. The swindle promises 12%–27% profits. (Read More)
The U.K. government is recruiting for a head to its central bank digital currency project
The U.K. is hiring a central bank digital currency (CBDC) chief to establish a digital pound. CBDCs promise financial inclusion and lower corporate and consumer expenses. A former Bank of England senior advisor opposed CBDCs. In 2021, 23 million Brits did not use cash, and fewer than 15% of payments are done using cash. (Read […]
Pudgy Penguins launches cross-chain transactions for Polygon, BNB Chain, Arbitrum
Pudgy Penguins announced that it is using Layer-0 to allow cross-chain transactions on adding Polygon (MATIC), BNB Smart Chain, and Arbitrum (ARBI) to improve access for people beyond the Ethereum (ETH) blockchain. The decision was made to increase easy access to the NFTs and improve the existing infrastructure, according to the announcement. In addition, the project […]
Injective Launches $150 Million Ecosystem
Injective, a layer-1 blockchain technology, is funding Cosmos network developers with $150 million. Pantera Capital, Kraken Ventures, Jump Crypto, and Gate Labs support the fund. (Read More)
Nifty Gateway Founders Resign
Nifty Gateway co-founders Duncan and Griffin Cock Foster are leaving Gemini. Gemini is suing Genesis Global, an insolvent cryptocurrency lender. “Technical leader” Eddie Ma and “non-tech leader” Tara Harris will head the platform. (Read More)
David Bianchi previews new RZR web3 series
The veteran actor is hoping to give RZR viewers an engaging and thrilling experience reflecting web3, NFTs, and blockchain ideals.
Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and […]
Analyzing Cardano’s potential for price correction amid Djed stablecoin launch
Cardano’s stablecoin will be launched next week. ADA will likely shed the gains it has recorded so far this year. Cardano’s [ADA] native over-collateralized stablecoin, Djed will be launched “next week,” as per a 24 January blog post published by COTI, the layer-1 scalable enterprise network powering the coin. We are pleased to share another […]
DOGE Price Analysis for January 25
How long is drop of DOGE going to last?
“Blockchain Bandit” Has Awoken: Chainalysis
The recent activity is a good reminder that prudent practices around private key storage are crucial in order not to fall victim to such blockchain bandits