On May 16, the Senate held a hearing to examine the recent bank failures that rocked the United States financial system. One of the witnesses is Scott Shay, the former chairman, and co-founder of Signature Bank. Senator Cynthia Lummis, a…
Optimism Latest Bedrock Upgrade Promises Cheaper Fees
Optimism, a layer 2 of the Ethereum (ETH) Network, is rolling out its Bedrock upgrade. The upgrade aims to improve the transaction cost, performance, and security of the network. This is expected to happen on June 6, 2023. All transactions…
Zimbabwe Innovative Gold-Backed Crypto to Fight Woes
The African Country of Zimbabwe has launched its new gold-backed crypto to help the state with its economic challenges. Zimbabwe is experiencing high inflation, which is affecting its citizens. Zimbabweans are swapping their local currency in favor of the U.S.…
Altcoins at a Glance – Important Updates for the Week
Welcome back to Altcoins at a Glance. Bitcoin is the king of crypto, but we have thousands of other projects trying to jostle for our attention. No single person can keep up with all these projects, so we decided to…
Crypto as a Right Proposed in a Progressive Texas Resolution
Texas will probably be one of the safest U.S. states for the crypto industry in the future. A new bill was introduced in the Texas House of Representatives that seeks to extend the Bill of Rights to digital currencies. This…
Coinbase Fumbles After Labeling Rising Star PEPE as Hate Symbol
Coinbase, one of the world’s largest and most popular cryptocurrency exchanges, is on the receiving end of some members of the crypto community’s outrage for calling the meme coin PEPE a symbol of hate. This controversy originated from the trading…
LimeWire to Use Crypto Giants for New Token Sale
LimeWire, a once popular peer-to-peer file-sharing platform, is making a comeback as a non-fungible token (NFT) marketplace for creators and artists. Powering the new ecosystem is its utility token, LimeWire Token (LMWR). LMWR can be purchased using cryptocurrencies like Ethereum…
Bitcoin to be Accepted in Liechtenstein
Liechtenstein, a small European country known for its financial innovation and stability, is planning to accept Bitcoin (BTC) as a payment option for state services, according to Prime Minister Daniel Risch. The proposal envisages immediately swapping any cryptocurrency received for…
Stripe Onramp Paves the Way for Wider Crypto Adoption
Stripe, a technology and business financial platform, has launched a fiat-to-crypto onramp that helps US–based Web3 customers purchase crypto easily. Stripe will also open the onramp to all Web3 users, including those on the waitlist. Customers interested in blockchain-based products…
Altcoins at a Glance – the Latest About AVAX, PEPE and SHIB
Welcome back to Altcoins at a Glance. We know that time is precious, so we have prepared a summary of the latest and most interesting news about your favorite altcoins. We aim to keep you updated in under five minutes.…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
